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Tag: nasdaq

REUTERS/LUCAS JACKSON

NASDAQ Hits New High, After 15-Year Recovery

15 years after the Dot-Com Bubble burst, the Nasdaq Composite Index leapt by 20.89 points, or 0.4%, to close at 5056.06 on Thursday, a record high. The strength of the index is being driven by the Silicon Valley 150 tech companies that have provided the juice to lift the NASDAQ by 6.8%, despite U.S. stock performance trailing major world markets.

REUTERS/LUCAS JACKSON

Hot NASDAQ Stock Index Is Still Down 31.6% After Inflation

It has been over 14 years since the NASDAQ index touched an all-time high of 5132.52 on March 10, 2000, signaling the end of the “dot-com” boom. By closing today at 4,726.81, the tech-heavy, over-the-counter stock exchange is only 6.2% from topping the previous record high.

tesla_roadster_600

Tesla Launches 400-Mile-per-Charge Roadster 3.0

On Dec. 26, Tesla previewed its next generation of Sports Roadster that will feature up to a 50% improvement in charge range. Tesla claims that design refinements and a 31% increase in energy storage will allow the Roadster 3.0 to drive easily from San Francisco to Los Angeles on a single charge. Tesla has not set a release date or pricing at this time.