Over three months that ended on June 30, Microsoft reported an earned net income of $16.5 billion on Tuesday, almost a 50% increase over the same time last year when it reported $11.2 billion.
Alphabet reported a net income of $18.5 billion for the three months ending on June 30, compared with $6.96 billion earned during the same time frame in 2020.
On Wednesday, Facebook said it doubled its quarterly net income, reporting $10.3 billion for the three months ending on June 30, compared with earning a net income of $5.2 billion during the same period in 2020.Tesla reported a dramatic increase in its quarterly total gross profit on Monday, saying it earned $2.9 billion in its second quarter, compared with $1.3 billion over the same period last year, marking a 128% increase.On July 29, it reported a 50% increase in its quarterly net income, earning $7.8 billion over three months ending on June 30.
It reported $5.2 billion in net income for the same period in 2020.