March 16, 2023 at five:25 p.m. ET
Shares of technologies businesses continued to rise.
Tech stocks have remained reasonably insulated from the turmoil rattling monetary markets. The improve 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 numerous investors prepared to spend additional for shares of tech businesses that they anticipate to churn out outsize income in the future.
Microsoft…
Shares of technologies businesses continued to rise.
Tech stocks have remained reasonably insulated from the turmoil rattling monetary markets. The improve 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 numerous investors prepared to spend additional for shares of tech businesses that they anticipate to churn out outsize income in the future.
Microsoft is infusing its preferred workplace software program with the technologies behind the viral chatbot ChatGPT, upgrading PowerPoint, Word, Excel and Outlook with new skills in its most current move to attempt to remain ahead in the artificial-intelligence race.
Software program firm Adobe rose six% right after it reported greater-than-anticipated quarterly income and raised guidance for some of its complete-year targets.
Create to Amy Pessetto at amy.pessetto@dowjones.com
