Some investors bet top growth stocks will thrive in US recession

Many stalwarts like Microsoft Corp, Apple and Google-parent Alphabet Inc have suffered declines on par with or exceeding those in broader stock indexes this year, as jumbo rate hikes delivered by an inflation-fighting Federal Reserve hit the tech and growth names that led markets in previous years.

Some investors bet top growth stocks will thrive in US recession
Many stalwarts like Microsoft Corp, Apple and Google-parent Alphabet Inc have suffered declines on par with or exceeding those in broader stock indexes this year, as jumbo rate hikes delivered by an inflation-fighting Federal Reserve hit the tech and growth names that led markets in previous years.