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Tech’s Big Day Tarnished as Microsoft, Google, TI Disappoint


US tech stocks tumbled in after-hours trading after some of the industry’s biggest companies reported disappointing results, roiling wagers that this year’s $5.5 trillion selloff had reached bottom. The quarterly updates from Microsoft Corp., Alphabet Inc. and Texas Instruments Inc. underscored growing pressure on everything from corporate IT budgets to digital ad spending and chips for industrial machinery. Nasdaq 100 Index futures lost as much as 2.4%, reversing an earlier rally on Tuesday, as the results refocused investor attention on the damage to earnings and the economy from the Federal Reserve’s rapid interest-rate hikes.

The selloff in extended to other consumer and tech giants, with Amazon.com Inc. dropping 4.9% in late trading. Those that derive sales from online advertising followed Alphabet lower, with Meta Platforms Inc. and Pinterest Inc. dropping more than 4% each. Among software companies moving in the wake of Microsoft, Datadog Inc. tumbled 7%, Snowflake Inc. fell 5% and Salesforce Inc. dropped 3%. The Nasdaq 100 Index has plunged more than 28% this year, on course for its worst annual performance since 2008.

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10 252022

Citi names Microsoft a top pick, says sell-off in software stocks is mostly done (US.MSFT) (DE.MSFT)
Actiunea zilei: Microsoft (DE.MSFT), o companie de cloud si software foarte profitabila


Microsoft a cunoscut o scadere a preturilor cu 20% in 2022, dar s-a descurcat mai bine decat alte companii cu o crestere mare din „clubul de mii de miliarde de dolari”. Tesla mentine pozitia de top la corectii, cu cea mai mare scadere de 33%, Amazon a scazut cu 27% in acest an in timp ce Alphabet a pierdut 21%.Datorita fluxului de numerar liber imens al Microsoft, compania trebuie privita ca o actiune de valoare. A avut un prim trimestru bun, dezvaluind un impuls semnificativ al veniturilor in business-ul sau, in special in segmentul cloud, care a devenit un motor de crestere in ultimii ani.


actiunea zilei microsoft o companie de cloud si software foarte profitabila

Big Tech Swept Into Selloff Erasing $1 Trillion From Nasdaq 100 (DE.SXRV)


The Nasdaq 100 Stock Index fell 2.4% Monday, adding to losses sustained last week that have erased over $1 trillion in market value from the tech-heavy benchmark in the past five sessions. Microsoft Corp. (DE.MSFT) tumbled 3.9%, its worst decline in more than a month. Chipmaker Nvidia Corp. (US.NVDA) sank 5.2%, extending losses sustained over the past five sessions to 20%. The stock hasn’t had a five-day run this bad since March 2020.All told, the world’s most watched benchmark index is down 2.6% this month, including a 1.7% drop Monday.

The Fed raised its key rate by a quarter point last month and signaled it expects to lift it to 1.9% by the end of 2022 as the central bank seeks to bring inflation under control. Officials have said they’re open to moving faster if needed, including by hiking a half point at the central bank’s May 3-4 meeting.


big tech swept selloff erasing 14633 1952

world markets falling again echoes 28001 2023