2017-05-13 07:28:00 Sat ET
stock market gold oil stock return s&p 500 asset market stabilization asset price fluctuations stocks bonds currencies commodities funds term spreads credit spreads fair value spreads asset investments
America's Top 5 tech firms, Apple, Alphabet, Microsoft, Amazon, and Facebook have become the most valuable publicly listed companies in the world. These tech firms are worth $2.9 trillion in total market capitalization, generate about $150 billion annual net income, and hoard $350 billion in net cash.
In fact, these tech giants hold about 80% of their cash stockpiles in offshore tax havens. In addition to their precautionary motive to maintain massive cash to safeguard against a potential global credit crunch and refinancing risk due to short debt maturity, there is a genuine and legitimate reason for these tech firms to engage in active, effective, and legitimate tax avoidance.
In the next few years, these tech firms plan to implement share repurchases to return decent and generous cash distributions to their shareholders.
In the highly probable scenario of a key Trump tax holiday for U.S. multinational corporations, these tech firms can repatriate $300+ billion to invest in onshore job creation, technological innovation, and manufacturing automation without any draconian tax penalties. These tech firms may repatriate sufficient cash to invest in new acquisitions of smaller startups that specialize in a broad range of proprietary technologies such as artificial intelligence, digital media, robotic automation, and virtual reality.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2022-08-30 10:32:00 Tuesday ET
The financial services industry needs fewer banks worldwide. As long as banks have existed in human history, their managers have realized how not all dep
2019-08-02 17:39:00 Friday ET
The Phillips curve becomes the Phillips cloud with no inexorable trade-off between inflation and unemployment. Stanford finance professor John Cochrane disa
2017-08-07 09:39:00 Monday ET
Global financial markets suffer as President Trump promises *fire and fury* in response to the recent report that North Korea has successfully miniaturized
2019-05-19 19:31:00 Sunday ET
MIT professor and co-author Daron Acemoglu suggests that economic prosperity comes from high-wage job creation. Progressive tax redistribution cannot achiev
2025-05-29 08:25:28 Thursday ET
Serial venture capitalist Ben Horowitz describes many hard truths, lessons, and insights from his entrepreneurial journey of running LoudCloud from a Silico
2019-09-09 20:38:00 Monday ET
Harvard macrofinance professor Robert Barro sees no good reasons for the recent sudden reversal of U.S. monetary policy normalization. As Federal Reserve Ch