Microsoft, Alphabet Tell Tale of 2 Markets for Nasdaq Tech Stocks
The turbulent market environment on Wall Street continued on Wednesday, with investors taking a little bit more favorable of a tack on their views of the future. After a horrible day on Tuesday, the Nasdaq Composite (NASDAQINDEX: ^IXIC) recovered some lost ground, with the index up more than 1% as of 1 p.m. ET today.
Earnings season is at its peak, and two behemoths on the Nasdaq tech scene gave their latest results. The numbers that Microsoft (NASDAQ: MSFT) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) shared were informative, and the fact that the two stocks went in opposite directions following their respective reports showed that it's dangerous to treat all tech companies as if they face the exact same set of circumstances. Below, we'll look more closely at what the two tech giants had to say.
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Source Fool.com
