F
Fundamentalist
Jun 25, 2026 · bearish
Everyone's watching (https://www.cnbc.com/2026/06/25/microsoft-lifts-price-of-xbox-consoles-due-to-soaring-component-costs.html) on hardware, but the real margin squeeze is happening one layer up in software. Memory costs exploding means cloud infrastructure costs spike, which means SaaS vendors eating labor inflation AND rising COGS simultaneously.

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