Shares of the largest U.S. technology companies have fallen out of favor since the 2000 tech bubble, victims of a shift in investors’ tastes inspired by rising interest rates. Read More...
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Trevor Jennewine (Microsoft): Microsoft saw its share price tumble more than 7% following its earnings report for the first fiscal quarter (ended Sept. 30, 2022). Worse yet, guidance came in short of Wall Street’s expectations, as CFO Amy Hood said weak PC demand would persist into the second quarter, negatively impacting revenue from Windows and Surface devices.
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