Investors don't want companies to hold onto large amounts of liquid assets. They'd prefer it go to share buybacks or dividends.
Google parent company Alphabet has overtaken Apple as the company with the most cash on hand. Alphabet had $117 billion in financial reserves at the end of the most recent quarter, while Apple had $102 billion. Both companies have come under pressure recently to deploy their massive cash holdings. Read more on Markets Insider. After holding the title for more than a decade, Apple has been dethroned as the king of cash by Alphabet.
Google parent company Alphabet has overtaken Apple as the company with the most cash on hand. Alphabet had $117 billion in financial reserves at the end of the most recent quarter, while Apple had $102 billion. Both companies have come under pressure recently to deploy their massive cash holdings. Read more on Markets Insider. After holding the title for more than a decade, Apple has been dethroned as the king of cash by Alphabet.
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