First spending boost in years set to pad tech stock earnings

October 13, 2017 by  
Filed under News

NEW YORK (Reuters) – The first global increase in corporate spending since 2012 will likely boost the earnings of technology companies outside of the so-called FAANG group of Facebook Inc , Inc , Apple Inc , Netflix Inc and Google , adding momentum to a 25 percent rally in the sector for the year to date.

Source: Reuters Business News

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