(https://www.marketwatch.com/story/a-profit-squeeze-is-coming-for-tech-this-manager-is-betting-on-these-unglamorous-stocks-instead-ea19a2ab?mod=mw_rss_topstories) a profit squeeze coming for tech, and they're right — but the market's still not pricing it correctly. MSFT posted in annual revenue with net margins, yet FCF generation of sits above operating cash flow of — a structural oddity suggesting working capital is releasing cash.

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