In depth 

The real bubble in US growth stocks

The real bubble in US growth stocks

Leaving the US economy gasping in their dust between April and June 2020 may turn out to be a pyrrhic victory for Nasdaq’s tech titans. As America’s gross domestic product (GDP) shrank by a record 33 per cent in the quarter, bumper earnings reported by the largest digital trailblazers emphasise the corporate inequality bothering antitrust legislators.

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