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Tech Rally Sends S&P 500 Higher for Eighth Straight Session - WSJ

1. Microsoft's strong earnings indicate stable corporate tech spending. 2. The stock jumped 7.6%, reflecting investor optimism amidst tariff uncertainty. 3. Nasdaq rose 1.5%, signaling market recovery after a volatile April. 4. Big tech companies demonstrate resilience, reassuring investors after tariff concerns. 5. Market momentum is continuing into May, driven by strong earnings.

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FAQ

Why Bullish?

Microsoft's earnings eased concerns about declining corporate budgets. Historically, strong earnings often lead to upward stock movements, e.g., MSFT’s previous earnings surprises.

How important is it?

Strong earnings reported by MSFT will likely influence investor sentiment and trading activity.

Why Short Term?

Immediate market reactions to strong earnings can boost stock prices. However, long-term price shifts depend on broader economic factors.

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