Jamie McKane
MyBroadband Journalist
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Microsoft outperforms top tech stocks as rout continues
Microsoft Corp. is faring better than its more celebrated peers as losses pile up for technology stocks.
The software giant’s enterprise-oriented business is being rewarded by investors in search of stability while fears about slowing revenue growth have weighed on consumer-focused companies such as Apple Inc. and Amazon.com.
[Bloomberg]
Microsoft Corp. is faring better than its more celebrated peers as losses pile up for technology stocks.
The software giant’s enterprise-oriented business is being rewarded by investors in search of stability while fears about slowing revenue growth have weighed on consumer-focused companies such as Apple Inc. and Amazon.com.
[Bloomberg]