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Indebta > Investing > Big Tech has made earnings look better, but here come Disney and PayPal
Investing

Big Tech has made earnings look better, but here come Disney and PayPal

News Room
Last updated: 2023/05/08 at 9:08 AM
By News Room
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Most of the first-quarter earnings blizzard has passed, and the results, overall, haven’t been as bad as expected — thanks in large part to the nation’s biggest tech companies: Apple Inc., Amazon.com Inc. and Microsoft.

The S&P 500 index SPXhas largely moved sideways over the past few weeks, as markets try to stomach concerns about a brittle regional-banking ecosystem and the Federal Reserve’s efforts to navigate the economy through rising prices and past the threat of a recession. But more of the companies that make up…

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News Room May 8, 2023 May 8, 2023
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