Tech’s Mixed Bag: The Bloomberg Open, Asia Edition

By Joshua Fellman | January 30, 2024

Good morning. Alphabet falls on ad revenue, Microsoft’s sales jump. US strength puts the Fed in a bind. And supercars go quick.

In the tech world, it’s been a mixed bag of news. Alphabet, the parent company of Google, has seen a decline in ad revenue, while Microsoft’s sales have soared. This has put the US Federal Reserve in a challenging position due to the country’s economic strength. On a different note, the supercar industry is experiencing rapid sales.

These developments come as part of The Bloomberg Open, Asia Edition, providing a comprehensive overview of the latest tech news and its impact on the global market.