Technology Shares Slip Amid Earnings — Tech Roundup | #computerhacking | #hacking


Shares of technology companies slipped amid earnings.

HP offered an upbeat earnings outlook even as ongoing supply-chain disruptions and sanctions against Russia impact its laptop and printing business.

The tech equipment company late Tuesday said demand for computers in recent months was largely fueled by sales to commercial customers.

Meanwhile, Salesforce shares were up 9.6% after it posted a better-than-expected 24% increase in fiscal first-quarter revenue, easing concerns about demand for its business software.

The lines between criminal hacking groups and intelligence operations in countries like Russia, Iran and China have increasingly blurred, senior U.S. officials said on Wednesday, making Washington’s job in curbing cyberattacks all the harder.

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

(END) Dow Jones Newswires

06-01-22 1712ET



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