Microsoft Among Software Stocks Offering Haven in Tariff Chaos
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As the Trump administration’s trade war clouds the economic outlook, software stocks have emerged as a favorite place for investors looking for a respite.
Results from Microsoft Corp. and ServiceNow Inc. have undergirded what has been a central bull argument for the sector, namely that they continue to deliver robust growth, including from artificial intelligence, while having limited risk from tariffs, the key issue driving overall volatility.