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Fortune 500 profits hit a record $1.87 trillion last year. Here's why

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  • 🞛 This publication is a summary or evaluation of another publication
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'Asset light' tech and finance companies with big margins have become a dominant presence on our list.
The article from Fortune, published on June 2, 2025, discusses the latest Fortune 500 rankings, highlighting significant shifts in corporate performance across various industries. Notably, Alphabet and Apple have seen substantial increases in profits and revenue, with Alphabet's profits soaring due to advancements in AI and cloud computing, while Apple's growth is attributed to strong sales in its latest product lines and expansion into new markets. The report also notes a general trend of rising profits and assets among tech companies, reflecting the sector's robust growth amidst global economic challenges. Additionally, the article touches on the performance of other sectors, such as energy and healthcare, which have experienced mixed results, with some companies struggling to adapt to changing market conditions while others capitalize on emerging opportunities.

Read the Full Fortune Article at:
[ https://fortune.com/2025/06/02/fortune-500-profits-revenue-assets-alphabet-apple-2/ ]