Market Report - US

US open: Microsoft, Alphabet results hit markets ahead of Fed decision

By Benjamin Chiou

Date: Wednesday 31 Jan 2024

(Sharecast News) - Wall Street stocks were mostly lower on Wednesday with the Nasdaq in particular nursing heavy losses after negative reactions to results from tech heavyweights Microsoft and Alphabet.
Microsoft delivered a record fiscal second quarter, beating analysts' forecasts with both revenues and profits, driven by a 30% jump in...

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