World about to learn if US$1 trillion tech rally was a good idea


With trillion-dollar-plus market capitalisations and a doubling in Apple Inc. since 2018 to account for, it’s possible investors will be in a less-forgiving mood than usual.

HONG KONG: Companies in the Nasdaq 100 are headed into earnings season with momentum that approaches the unprecedented, their value up by more than $1 trillion since October.

Now the world finds out if the rally made any sense.

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