Microsoft Bucks the Tech Trend
Investors bruised by this year's tech-stock rout found a balm in Microsoft's fiscal second-quarter results released on Jan. 24. It wasn't the blockbuster results that Microsoft (MSFT) reported in October, but sales surpassed analyst expectations nonetheless, and the company raised financial forecasts for the rest of the fiscal year. That was good enough for shareholders who have been scouring results from every bellwether for signs that the economic slowdown is damping tech demand.
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