Morgan Stanley forecasts that the Trump administration’s tax reform will significantly boost profits for major US tech firms, with Microsoft, Oracle, and others set to benefit from favorable R&D expense rules.
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Morgan Stanley Says Trump Tax Cuts to Boost Big Tech Profits—Microsoft, Oracle Among Beneficiaries
Morgan Stanley forecasts that the Trump administration’s tax reform will significantly boost profits for major US tech firms, with Microsoft, Oracle, and others set to benefit from favorable R&D expense rules.