What do Big Tech earnings tell us about the health of consumer demand?

How healthy is the market for technology products today?
The question is too broad. Large markets can have varying internal results that contrast with top-line numbers. An example of this from recent history is disparate results in venture capital activity we’ve noted around the world. While the aggregate venture market is slowing, we’ve also seen pockets of strength in certain regions. Are tech sales similar?
Some secular trends are powering technology growth. The movement off of on-prem solutions to public cloud providers, for example, among enterprise customers. As we learned when COVID-19

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