SINGAPORE (Oct 22): The market turmoil earlier this month wiped out trillions of dollars of value from stocks, flagging the fragility of global markets as the impact of rising rates, trade frictions and protectionism brings earnings quality under closer scrutiny. US technology giants are facing a reality check on whether their double-digit top-line growth is sustainable in the quarters to come. Therefore, there is increasing pressure to bring the valuation back down to earth.

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