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☆ Microsoft revenue forecast under threat from PC market slump, mighty dollar
▼ + stars: | 2022-10-24 | by ( Yuvraj Malik | ) www.reuters.com time to read: +3 min

Adding to the squeeze, the dollar has climbed more than 17%, weighing on the earnings of companies with big global operations. Microsoft earns more than 50% of its revenue outside the United States. Reuters GraphicsWindows licenses form about 12% to 13% of Microsoft's revenue and the PC market downturn is expected to dent its sales by 100 basis points, Morningstar senior analyst Dan Romanoff said. The blow is expected to be slightly offset by Microsoft's cloud services unit Azure, which is set to grow 20% in the first quarter, according to Refinitiv data. Software firms are the biggest customers of cloud platforms and their business growth is taken as proxy for the cloud services sector.

☆ Amazon, Meta, and other big tech firms have entered the 'Great Hesitation' — cutting hiring and other costs in fear of an economic downturn
▼ + stars: | 2022-10-16 | by ( Rob Price | Eugene Kim | ) www.businessinsider.com time to read: +10 min

Leaders at large-cap tech companies are in an anxious waiting game, battening down the hatches as they prepare for the storm to hit. Some tech firms will be hurt moreAmong the biggest players in the tech industry, the impacts of a crash will not be felt evenly. "I look at these large tech companies, and over the last couple of years, obviously money's been free, everything got bloated, and all these tech companies — excluding Apple — have effectively doubled their head count over a three-year period, right? Beyond head count, tech companies are cutting back on extras, imperiling their famously lavish meal options. The largest tech companies are also signaling their anxiety by trimming budgets for their more experimental businesses and research projects.

☆ A fund manager who's beaten 97% of his peers over the last 3 years shares 8 stocks he's betting on for the next 3-5 years — and breaks down the key tenets of his investing philosophy
▼ + stars: | 2022-09-21 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Quality stocks are those that generate robust and stable profits, and have high returns on equity. In addition to having robust profit margins, Stimpson also likes firms that show strong earnings growth. 8 stocks Stimpson is betting onTwo sectors in the market with a growth tilt are technology and healthcare. He also likes semiconductor firms because he thinks they're oversold and undervalued. Four semiconductor firms he likes include: Cirrus Logic (CRUS), Ambarella (AMBA), KLA-Tencor (KLA), and Kulicke & Soffa Industries (KLIC).

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