Bank turmoil helps spur $500-billion advance in big tech stocks

March 18, 2023

More than $500 billion in market value has been added to the four biggest US tech companies this week. Microsoft advanced 12% and is flirting with its best week in nearly eight years, while Alphabet is headed for its best weekly gain since 2021. Amazon.com, meanwhile, has jumped about 9% and Apple is up almost 5%.

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