Technologies Shares Continue to Climb — Tech Roundup

March 16, 2023 at five:25 p.m. ET

Shares of technologies businesses continued to rise.

Tech stocks have remained fairly insulated from the turmoil rattling economic markets. The improve has coincided with a plunge in government bond yields and hopes that the Federal Reserve is nearing the finish of its campaign of raising interest prices. Low yields make several investors prepared to spend extra for shares of tech businesses that they anticipate to churn out outsize income in the future.

Microsoft…

Shares of technologies businesses continued to rise.

Tech stocks have remained fairly insulated from the turmoil rattling economic markets. The improve has coincided with a plunge in government bond yields and hopes that the Federal Reserve is nearing the finish of its campaign of raising interest prices. Low yields make several investors prepared to spend extra for shares of tech businesses that they anticipate to churn out outsize income in the future.

Microsoft is infusing its well known workplace computer software with the technologies behind the viral chatbot ChatGPT, upgrading PowerPoint, Word, Excel and Outlook with new skills in its newest move to attempt to keep ahead in the artificial-intelligence race.

Application firm Adobe rose six% immediately after it reported improved-than-anticipated quarterly income and raised guidance for some of its complete-year targets.

Create to Amy Pessetto at amy.pessetto@dowjones.com