Be generous with those profits
Aug 06, 2021
2 minutes
Matthew Lynn City columnist
This will be a big year for corporate profits. Last week Apple, Microsoft and Google-owner Alphabet reported combined quarterly profits of more than $50bn. Amazon chipped in with another $7bn for the quarter. At Barclays, profits quadrupled and the dividend was up; HSBC this week also reported astrong increase in earnings. And all the main mining companies are minting money as commodity prices recover, as
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