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Microsoft and Alphabet Drop on Earnings Miss!

Started by PocketOption, Oct 30, 2022, 07:47 am

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PocketOption

Microsoft and Alphabet Drop on Earnings Miss!

Microsoft & Alphabet shares fell about 7% in extended trading yesterday.


Both companies reported softer revenue than expected and gave weak quarterly guidance.


Alphabet also significantly decreased headcount growth as revenue at YouTube declined.


Not great earnings so far. Can the other big corporations do better?


Timestamps

GOOGL 01:35

MSFT 03:35


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