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Microsoft Cuts Its Outlook in Sign of More Pain Ahead in Tech Sector

The tech giant cut its outlook across its business, personal computing, and cloud divisions as customers tighten their belts.

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Stock Market News: Techs Fall After Google Earnings Miss

Disappointing after-hours Big Tech earnings sparked a sell-off in the index Wednesday.

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Nasdaq rises 4% after US Fed rate hike; highest since 2020

Quarterly reports from Microsoft, Alphabet and others added to the day's upbeat tone.

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Microsoft soothes market fears with forecast for strong revenue growth

The strong outlook shows Microsoft continues to benefit from the pandemic-led shift to hybrid work models and comes at a time when investors are bracing for an economic downturn, with inflation roaring and consumers cutting spending.

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Wall St update: Nasdaq slumps 2% ahead of Big Tech earnings

Alphabet Inc and Microsoft Corp fell 2.7% and 2.2%, respectively, ahead of their results after the closing bell on Tuesday.

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