Finance
There is light at the end of the tunnel for Microsoft (MSFT) as a global economic slowdown weighs on the tech giant’s growth, argues Piper Sandler analyst Brent Bracelin.
Microsoft growth rates are “going to bottom here either this quarter, the current quarter they reported, or the next quarter,” Bracelin said on Yahoo Finance Live (video above). “So we are close to saying the worst declines are over for these non-cloud segments like Windows and devices and advertising.”
While that may provide some comfort for many Microsoft bulls, at least in the short term, investors are likely to stay focused…