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 29 Apr 24

tl;dr

Apple's iPad has been added to the EU's Digital Markets Act, giving the tech giant six months to ensure compliance with the rules under the DMA, according to Bloomberg News. The Digital Markets Act establishes criteria for large online platforms as "gatekeepers" to ensure fair behavior online and co...

Apple's iPad has been added to the EU's Digital Markets Act, giving the tech giant six months to ensure compliance with the rules under the DMA, according to Bloomberg News. The Digital Markets Act establishes criteria for large online platforms as "gatekeepers" to ensure fair behavior online and contestability. In September 2023, the European Commission designated six gatekeepers, including Apple, under the DMA. The DMA and EU's Digital Services Act regulate online intermediaries and platforms to protect consumers and their rights online. Previously, Apple's AppStore, iOS mobile operating system, and Safari fell under the purview of the DMA, which became effective on March 7. The European Commission has also launched a non-compliance probe against Apple, Alphabet's Google, and Meta for potential violations under the DMA.

More about Apple Inc
Apple Inc. Technical Analysis Summary

More about Alphabet Inc Class C
Alphabet Inc Class C Summary

Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.

Sector: TECHNOLOGY

Industry: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.

Market Cap: 2.147728884 trillion

P/E Ratio: 29.95

Dividend Yield: None

EPS: 5.8

52-Week High: 25.37

52-Week Low: 0.259

Volume: 318145987000

Average Volume: 165.29

Price to Sales: 0.609

Price to Book: 0.154

More about Alphabet Inc Class A

Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.

Sector: TECHNOLOGY

Services: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.

Market Cap: $214.77 billion

PE Ratio: 29.7

Dividend Yield: None

Beta: 0.259

EPS: $25.37

Revenue: $318.15 billion

Net Income: $166.71 billion

Debt to Equity: 0.609

Current Ratio: 0.154

More about Amazon.com Inc
Amazon.com Inc Summary

Amazon.com Inc

Amazon.com, Inc. is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The company has been referred to as one of the most influential economic and cultural forces in the world, as well as the world's most valuable brand.

Industry Details

Industry: TRADE & SERVICES

Sector: RETAIL-CATALOG & MAIL-ORDER HOUSES

Market Cap: $1,868,532,941,000

Price: $3,462.15

Dividend Yield: None

P/E Ratio: 2.89

EPS: $55.78

Volatility: 5.29%

Volume: 574,784,995,000

52-Week High: $3,212.71

52-Week Low: $1,950.69

Beta: 0.139

More about Meta Platforms Inc.
Meta Platforms Inc. Summary

Meta Platforms Inc.

Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, PCs, virtual reality headsets, wearables and home devices around the world. The company is headquartered in Menlo Park, California.

Company Details

Sector: TECHNOLOGY

Services: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.

Financial Data

Market Cap: 112.44B

Current Price: $25.51

Dividend Yield: 0.5%

P/E Ratio: 17.38

EPS: 55.67

Beta: 0.321

Volume: 142.71M

Avg. Volume: 517.4M

Revenue: 1.141B

Gross Margin: 0.273

More about Microsoft Corporation

Microsoft Corporation is an American multinational technology company that produces computer software, consumer electronics, personal computers, and related services. Its best-known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2016. It is considered one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Amazon, and Facebook.

Sector: Technology

Industry: Services-Prepackaged Software

Market Cap: 301.99 billion

Current Price: 35.21

Change: 2.93

Change %: 11.54

PE Ratio: 31.83

Dividend Yield: 0.364

Shares Outstanding: 236.58 million

Revenue: 462.44 billion

EPS: 0.2

EPS (TTM): 0.17

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Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
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