Big Tech earnings are spooking investors. The market may have expected another treat following Microsoft and Meta’s earnings late Wednesday, particularly after Alphabet’s impressive results earlier in the week. The tech-heavy Nasdaq Composite snapped its four-day winning streak and fell back from its record high Wednesday as bond yields rose after economic data proved strong. Read More...
Big Tech earnings are spooking investors. The market may have expected another treat following Microsoft and Meta’s earnings late Wednesday, particularly after Alphabet’s impressive results earlier in the week. The tech-heavy Nasdaq Composite snapped its four-day winning streak and fell back from its record high Wednesday as bond yields rose after economic data proved strong.
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