World About to Learn If $1 Trillion Tech Rally Was a Good Idea

  • Nasdaq 100 valuation is highest since 2007 ahead of earnings
  • Apple, Microsoft among companies scheduled to report next week
Photographer: Michael Nagle/Bloomberg
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Companies in the Nasdaq 100 are headed into earnings season with momentum that approaches the unprecedented, their value up by more than $1 trillion since October.

Now the world finds out if the rally made any sense.