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Writer's pictureSalyl Bhagwat

On the SPOT blog (10/26/2022) [G..]

Alphabet and Microsoft both seemed to have delivered what appears to be ominous results for the big tech. MSFT reported slowing growth in its Cloud business and also issued a relatively weak guidance. Alphabet missed on its top and bottom line. These two were enough to take Nasdaq and S&P500 indices down. Visa reported good results that might have triggered a rally for Dow but it also gave up most of the gains and barely finished in green as Treasury yields rose.

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