Big Tech Earnings Paint Mixed Picture on Economic Outlook Amid Market Volatility
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Big tech earnings like Microsoft and Alphabet are providing conflicting signals about business spending and economic outlook.
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Markets remain volatile and uncertain due to mixed economic signs, geopolitics, and Washington uncertainty.
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Hints of economic resilience counter worries of Fed tightening causing a recession.
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Earnings reactions have been muted compared to historical trends, failing to pull stocks out of their rut.
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With mixed mega cap results, markets still lack a clear catalyst to break out of recent trading range.