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Opinion: Big Tech shows it’s good to be big, slowing growth leads to stock gains while smaller competitors find only pain

After charging double digit growth during the pandemic, results from the five biggest tech giants in the US this week showed a slowdown as they grapple with inflation, a looming recession and an overall slowing economy, but they were largely rewarded by Wall Street because they are the size It shows their strength. Over the …

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Tech companies are pressing the brakes as slowdown approaches

Tech giants who have often sailed above economic turmoil cannot escape the pain of the current downturn, as this week’s earnings reports from major companies in the sector make clear. why does it matter: Even as other industries have struggled during the pandemic, technology has thrived because much of the economy has shifted online. Now …

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Dow Jones rises 200 points, stocks hit 6-week highs as investors shrug off weak GDP numbers

US stocks rose to their highest level in more than six weeks on Thursday as investors digested the second-quarter gross domestic product data as well as a string of corporate earnings reports and the latest interest rate hike from the Federal Reserve. How are shares traded? Dow Jones Industrial Average DJIA, + 1.20% It gained …

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How to make a pastel game room with the most Kawaii equipment

picture: 10 – Games Open the door for the self-described “kawaii tech creator” Celeste Flowers‘, and you’ll suddenly feel as if you’re living your life as a strawberry in some Fruity Pebbles. Likes Countless others players OnlineFlores is an expert in “pastel games” – a term taken from the Japanese language kawaii aestheticsAnd perhaps there …

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Toyota faces escalating construction costs for new cars

picture: Toshifumi Kitamura / Agence France-Presse (Getty Images) Toyota won’t pressure its suppliers to cut component costs, Boeing workers agree He hitsAnd the And the US automakers are struggling to fill vacancies. All that and more in morning shift On 25 July 2022. First gear: Toyota eEverything is getting bigger Expensive these days, due to …

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Apple, Amazon, Microsoft, Google and Facebook enter the scene

It is the companies whose names are part of the everyday lives of consumers. It is almost impossible to escape from them in many daily economic activities. They are among the top 10 most valuable companies in the world and are multinational corporations located in hundreds of countries around the world. Among the five tech …

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Medical user vows to cancel $3.9 billion worth of memberships from Amazon deal

Subscribers to healthcare app One Medical vowed to cancel their membership on Friday after it was announced that the startup dubbed “Netflix Primary Care” would be bought by Amazon for $3.9 billion. Angry One Medical subscribers said they were abandoning the service over concerns that the Seattle-based e-commerce giant would get their hands on their …

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