Investors saw their share of grim economic news this week, but earnings from companies like Duolingo, Toast, and Affirm are offering a bright spot.
It was a week to forget for many investors, especially those with portfolios heavy on the tech side. Earlier this week, big tech companies combined to lose more than $1 trillion in value in just three days, according to CNBC—a list that includes Microsoft, Tesla, Amazon, Alphabet, Nvidia, and Meta Platforms. This week wasn’t pretty for crypto investors, either.
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