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Software Spending Slips Ahead of Big Tech Earnings Season

(Bloomberg) Software contract spending in the second quarter hit its lowest point in three years, according to a new report, suggesting potentially disappointing results when providers report earnings over the next month.Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomTesla Sinks as Musk Warns of More Blows to ProfitabilityMu

After Bank Debacle, Silicon Valley Reckons With Its Image

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