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Posted by
Two Blokes May 4 -
Filed in
Stock
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5 views
MSFT and META both reported blockbuster earnings this week, fueling hopes of a potential Big Tech resurgence. At the same time, S&P 500 companies have seen the sharpest decline in earnings outlook since the Covid-19 pandemic in 2020 amid drastic decreases in CAPEX. Recent economic data indicates that the full effects of tariffs have yet to materialize, which has helped support equity markets over the past week.