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4 biggest US tech companies add $500 billion in value amid banking crisis
short by Hiral Goyal / on Saturday, 18 March, 2023
Four of the biggest technology companies in the US have added more than $500 billion in market value this week. The development comes amid concerns about contagion in the country's financial sector. Microsoft surged the most this week at 12%, nearing its best week in about eight years. Meanwhile, Apple, Amazon and Alphabet stocks recorded gains of 5% to 12%.
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