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Stocks Climb to New Highs Even as Big-Tech Trade Splinters

(Bloomberg) An Alphabet Inc. earnings flop in the grip of an historically narrow stock rally with echoes of the dot-com bubble. Jerome Powell downplaying hopes of early interest-rate cuts. A fresh regional bank rout.Most Read from BloombergMeta’s $197 Billion Surge Is Biggest in Stock-Market HistoryDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoThe Most Popular Man in Ukraine Has Become a Problem for ZelenskiyUS ....

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