US economy and stock market analysis: Chart of the week

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Tech firms repatriating billions to US

Compared with several years ago, the estimated domestic profit shares of some of the biggest American-based companies appear to be moving back to the US, according to analysis from The Economist. On the list are some of the biggest tech companies in the world, including several FAANG stocks (i.e., tech giants Facebook, Apple, Amazon, Netflix, and Alphabet). But not all of big tech has increased its percentage of profit share in the US.

Source: The Economist, SEC: Tax Notes, as of September 19, 2021.

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