google s parent company, alphabet, and microsoft have both unveiled quarterly report cards that beat expectations. alphabet shares jumped a little more than 1.5% in after hours trade, as the company announced that its quarterly revenue rose to more than $69 billion. that s 3% higher than the previous year. microsoft stock also got a boost in extended trading, up a smidge over 8.5%, with a quarterly revenue beat that was mainly driven by growth in its cloud computing businesses. of briefings at insider intelligence. some signs of resilience here? yes. although clyde either one or two caveats that. expectations have drops considerably in the last year so this is the type of growth that both of these companies would have been mortified by just a year ago and now expectations have dropped to the point that this is meeting the point that this is meeting the mega expectations of the market is a win. the mega expectations of the market is a win. there is a lot of chat right marke
But it has the same effect. is right we are getting poorer but the suggestion companies should not put up prices and workers should not ask for higher wages is pretty unreasonable because many households and companies are struggling to stay afloat and pay for those bills with it is food prices, energy cost and so much more, that s why we re seeing so many businesses putting up prices because they are trying to preserve the margins by passing on extra cost to consumers, and if they put them up too much individuals and households just won t be buying their goods. so there is a market measure to offset businesses from raising prices to an extreme level, but if they can t put up prices a little, by stimulating demand and preserve profits, that is betterfor and preserve profits, that is better for businesses and jobs and betterfor the better for businesses and jobs and better for the economy but it could be negative for