Asia shares rise with US after strong tech results: Markets wrap
Bitcoin fell 0.2% to $42 996.47.
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Bitcoin fell 0.2% to $42 996.47.
(Bloomberg) -- Most Asian equity benchmarks rose as a rebound in US shares extended into after-hours trading after a set of bumper results from tech giants.Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoApple’s China Slump Deepens Even as Total Sales Grow AgainQQQ Up in Late Trading as Meta Soars, Apple Falls: Markets WrapMeta Plans $50 Billion Buyback in Bid to Win Over InvestorsAustralian
The so-called Magnificent Seven delivered event bigger profits than Wall Street hoped, but they’ve also given investors reasons to fret about growth.
Seven biggest tech stocks trade at a big premium to the S&P 500.
Apple Inc., Alphabet Inc., Meta Platforms Inc. and Tesla Inc. all gave investors reason to fret about growth.