 "Markets, Investors, Companies")
Diverging earnings from megacap growth stocks are fueling wild swings in equities, opening the door for more volatility on the heels of last month’s sharp drop as investors grow more discerning in the names they pick.
Many market participants hoped that earnings from the big, tech-focused stocks that have led markets for years would lend equities a modicum of support after January’s sharp declines, which saw the Nasdaq Composite fall 9% and the S&P 500 give up 5.3% after a hawkish shift from the Federal Reserve.
But this week's earnings from megacap growth stock names has whiplashed investors.
"I'm concerned
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