4 tech giants accounted for more than 16% of Fortune 500 earnings

4 tech giants accounted for more than 16% of Fortune 500 earnings

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The tech sector had a tough year in 2022. With interest rates soaring amid rising inflation, the economy slowed and many tech companies that borrowed heavily to invest in their growth faced increased costs. As a result, they sought to reduce their expenses, including by slashing staff, leading…

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