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Tech stocks are having their best January in decades — which is why that might not be a good sign

Tech stocks are having their best January in decades — which is why that might not be a good sign

Technology stocks are on a tight tear to start 2023, but this could actually be an ominous sign. Nasdaq Composite Index COMP, +0.95% It is up 11% so far this month, on track for its best performance in January since it posted a 12.2% gain in 2001, according to market data from Dow Jones. But …

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Microsoft stock jumps with earnings difference and solid cloud results

Microsoft stock jumps with earnings difference and solid cloud results

font size Microsoft is facing a slowdown in the growth of its cloud computing business. Gerard Julien/AFP via Getty Images Microsoft Shares jumped in late trading on Tuesday after the software company’s latest quarterly profit came in slightly better than expected. While the company saw weakness in its PC software business, Microsoft (stock ticker: MSFT) …

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