March 16, 2023 at five:25 p.m. ET
Shares of technologies providers continued to rise.
Tech stocks have remained fairly insulated from the turmoil rattling monetary markets. The boost has coincided with a plunge in government bond yields and hopes that the Federal Reserve is nearing the finish of its campaign of raising interest prices. Low yields make a lot of investors prepared to spend additional for shares of tech providers that they count on to churn out outsize income in the future.
Microsoft…
Shares of technologies providers continued to rise.
Tech stocks have remained fairly insulated from the turmoil rattling monetary markets. The boost has coincided with a plunge in government bond yields and hopes that the Federal Reserve is nearing the finish of its campaign of raising interest prices. Low yields make a lot of investors prepared to spend additional for shares of tech providers that they count on to churn out outsize income in the future.
Microsoft is infusing its preferred workplace computer software with the technologies behind the viral chatbot ChatGPT, upgrading PowerPoint, Word, Excel and Outlook with new skills in its most recent move to attempt to keep ahead in the artificial-intelligence race.
Software program firm Adobe rose six% just after it reported improved-than-anticipated quarterly income and raised guidance for some of its complete-year targets.
Create to Amy Pessetto at amy.pessetto@dowjones.com
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