Big week for earnings at Apple and other big tech as scrutiny increases        

Big week for earnings at Apple and other big tech as scrutiny increases        

Apple, Google, Amazon, and Facebook together accounting for about a fifth of the S&P 500's total value, report their quarterly results on Thursday, with their shares trading near record highs, even as they face increasing antitrust scrutiny.

Amazon and Apple have surged 74% and 57%, respectively, this year, far outperforming the S&P 500’s 5% gain as the coronavirus pandemic accelerates trends toward online shopping, video streaming, and other technologies helping Wall Street’s largest companies take market share from smaller rivals.

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