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Tech companies set to net US$320b

As a group, computer and biotechnology stocks have seen their market value jump by US$3.3t since March 2009, more than any other industry
Wednesday, April 22, 2015 - 05:50
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Analysts say Facebook will see profit growth of 19 per cent and sales expansion of 43 per cent for the first quarter. Earnings for Google grew 6 per cent for the first quarter, while sales increased 15 per cent, according to analyst estimates compiled by Bloomberg.
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Analysts say Facebook will see profit growth of 19 per cent and sales expansion of 43 per cent for the first quarter. Earnings for Google grew 6 per cent for the first quarter, while sales increased 15 per cent, according to analyst estimates compiled by Bloomberg.

New York

FEW have benefited more from the bull market that started in 2009 than technology companies, and none are being counted on more by investors to deliver the earnings needed to keep it going.

As a group, the computer and biotechnology stocks that make up the Nasdaq 100 Index