Scalper1 News
If cash is king, then the information technology sector gets the crown — and it’s a big one. Led by Microsoft (MSFT), tech companies in the S&P 500 accounted for 37% of the $1.37 trillion in cash and short-term investments held at the end of the third quarter. The tech sector had $512.3 billion in cash and equivalents. The health care sector was second with $217.3 billion, according to data compiled by FactSet Research. The report excludes the Scalper1 News
Scalper1 News