
Alphabet Surges, Microsoft Drops; Fed Rate Hike Expected
Bloomberg Daybreak: US Edition
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Microsoft and Google's Slowdown in Earnings and Revenue
Nathan Hager with The Focus this morning on big tech earnings. We have heard from Microsoft and Google parent Alphabet. Both companies came in with Beats on the Quarter in Earnings and Revenue. But it's a projected slowdown in Microsoft's cloud business. Seems to be overshadowing a lot of excitement around artificial intelligence that has driven the market rally this year.
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