Rich Companies Are Getting Richer, Thanks to Interest Rates

Rich corporations are getting richer thanks to higher interest rates.

Apple


(ticker: AAPL),


Alphabet


(GOOG),


Berkshire Hathaway


(BRK/A), and


Microsoft


(MSFT) have the largest cash positions among American companies, and they are garnering much higher interest income as short-term rates have risen above 4% from near zero at the start of 2022.