ALPHABET AND AMAZON LEAD THE WAY FOR TECH
It’s been a good month for the technological sector, but none have had it better than Google’s parent company, Alphabet, and shipping service Amazon. The law of large numbers states that, in a long sequence, numbers generally balance themselves out. Both companies managed to avoid the entrapping nature of this theory, and instead turned out with exceptional June quarters. Alphabets shares rose nearly 5% on Friday, resulting in a large boost in its overall boost. Amazon’s push up about 1.8% led to a market capitalization value of over $300 billion.