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Friday, June 3, 2022

Strong dollar is latest headache for pricey software stocks

Salesforce Inc., one of the last big tech companies to report first-quarter earnings, surprised investors with a bullish forecast this week. Overall, 85% of software companies in the S&P 500 reported profits that beat expectations, versus just 79% for all tech companies, according to data compiled by Bloomberg.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/g43xjtw

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