marketmadhouse.com
Is Big Oil Dying at Exxon-Mobil? - Market Mad House
To clarify, data is the fundamental resource our civilization needs to operate. Hence, data is to the 21st Century what petroleum was to the 20th Century. Hence, Exxon-Mobil runs more cash through its till but Alphabet keeps far more of its cash. Specifically, Alphabet had $109.14 billion cash and short-term investments on 31 December 2019. Conversely, Exxon-Mobil had $3.042 billion in cash and short-term investments on the same day.