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Tech’s longtime highfliers are growing up by getting smaller

Tech's longtime highfliers are growing up by getting smaller

Visitors take photos in front of the Meta sign at its headquarters in Menlo Park, California, December 29, 2022.

Tayfun Coskun | Anadolu Agency | Getty Images

Technology companies are learning an old lesson from Wall Street: maturing means shrinking.

Meta and Amazon saw their shares spike on Friday following their fourth-quarter earnings reports. While revenue for both topped estimates, the story for investors is that they’re showing their…


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