Big Tech shows its good to be big, as growth slowdown leads to stock gains while smaller rivals find only pain - MarketWatch

Amazon, Apple, Facebook, Google and Microsoft collectively saw profits fall 24% as sales growth slowed to less than 7% in the second quarter, but only Facebook faced punishment on Wall Street while smaller tech companies were eviscerated

After super charged, double-digital growth during the pandemic, the results from the five biggest U.S. tech giants this week showed a slowdown as they grapple with inflation, looming recession and an… [+4173 chars]

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