After holding the title for more than a decade, Apple has been dethroned as the king of cash by Alphabet. The Google parent's holdings of cash and marketable securities, net of debt, topped $117 billion in the most recent quarter, exceeding Apple's recently reported cash pile of $102 billion, according to the Financial Times, which first reported the shift. British fintech firm Revolut is jumping into the online brokerage space with its own commission-free stock trading platform. The new service ....
01 Aug 2019
Alphabet dethrones Apple as the cash king, Revolut launches free trading, AMD shares drop after weak earnings
Bango plc (BGO:LON), 124 | BOKU, Inc. (BOKU:LON), 180 | CML Microsystems Plc (CML:LON), 355 | Equals Group Plc (EQLS:LON), 131 | Ethernity Networks Ltd. (ENET:LON), 0.9 | IQE plc (IQE:LON), 29.0 | TechFinancials, Inc. (TECH:PLU), 0.3 | XP Power Ltd. (XPP:LON), 1,054
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Alphabet dethrones Apple as the cash king, Revolut launches free trading, AMD shares drop after weak earnings
Bango plc (BGO:LON), 124 | BOKU, Inc. (BOKU:LON), 180 | CML Microsystems Plc (CML:LON), 355 | Equals Group Plc (EQLS:LON), 131 | Ethernity Networks Ltd. (ENET:LON), 0.9 | IQE plc (IQE:LON), 29.0 | TechFinancials, Inc. (TECH:PLU), 0.3 | XP Power Ltd. (XPP:LON), 1,054
- Published:
01 Aug 2019 -
Author:
Kartik Swaminathan -
Pages:
4
After holding the title for more than a decade, Apple has been dethroned as the king of cash by Alphabet. The Google parent's holdings of cash and marketable securities, net of debt, topped $117 billion in the most recent quarter, exceeding Apple's recently reported cash pile of $102 billion, according to the Financial Times, which first reported the shift. British fintech firm Revolut is jumping into the online brokerage space with its own commission-free stock trading platform. The new service ....