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Tech Earnings Boom Defies Soaring Treasury Yields as Growth Accelerates

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Robust corporate earnings and massive tech profits allow equities like Alphabet to shrug off surging Treasury yields.
  • Despite the 10-year yield reaching 4.80%, S&P 500 earnings growth exceeding 50% year-over-year proves resilient underlying economic and cash flow strength.
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GOOGL price history

347.33 +10.59% over the displayed period

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