Cooling inflation in the US brings slight relief to tech valuations

TechCrunch
By Alex WilhelmJul 12, 2023, 12:00 pm141 pts
New U.S. inflation data is augmenting tech stocks listed on American exchanges, helping shares of cloud companies reach prices they haven’t been close to for nearly a year. The Exchange explores startups, markets and money. Read it every morning on TechCrunch+ or get The Exchange newsletter every Saturday.…

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