MARKET WRAP: JSE reverses course on Microsoft caution

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business News News

Tech behemoth’s results were better than expected but its slower sales growth could signal challenges ahead

The JSE reversed course after registering gains on Wednesday, tracking weaker global peers as investors digested corporate earnings reports from the US.

Reports from major technology companies in the world’s biggest economy have intensified concerns about their performance as rates rise and recession fears mount...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

JSE makes cautious gains as stocks struggle for directionImpressive US PMIs matched the eurozone’s, which could support the argument that both the Fed and the ECB can keep raising interest rates
Source: BDliveSA - 🏆 12. / 63 Read more »