Technology Stocks Take a Hit as Microsoft’s Earnings Disappoint

Microsoft is laying off 10,000 employees

The corporate earnings season is in full swing, and investors are feeling the heat as concerns grow about the struggles of some of the largest U.S. companies amidst rising rates and recession fears. On Wednesday, the Dow Jones Industrial Average fell by 190 points, or 0.56%, the Nasdaq Composite dropped 1%, and the S&P 500 … Read more