#nasdaq

#nasdaq

On March 10, 2000, the Nasdaq-100 traded at 5,048.62. On October 9, 2002, it had dropped to 1,114, down 78% from its peak. If a decline occurs anywhere near that level, it will be due to several factors combined. The most likely outcome is a huge disappointment in the future of artificial intelligence (AI). Another would be raging inflation caused by tariffs. (This leaves a major war out of the equation.) A drop of the same magnitude would take the Nasdaq down over 19,000 points.

Shares of Apple are still exploding higher on earnings and tariff news. Just days ago, Apple's EPS of $1.57 beat estimates by 14 cents. Revenue of $94.04 billion, up 9.6% year over year, beat by $4.88 billion. According to analysts at Wedbush, Apple's $100 billion investment in the U.S. is a "good strategic poker move for Cook". According to Wells Fargo, Apple's $100 billion investment is all about tariff exemption.

Slide Insurance Holdings is set to make its public debut on the Nasdaq at $17 per share, showing strong growth in the competitive insurance market.

Chime Financial, anticipated to debut on Nasdaq, reflects shifts in investor sentiment, with its current valuation at $11.6 billion being significantly lower than its 2021 peak.

Cumulus Media's move from Nasdaq to OTC trading showcases the volatility of their stock, which currently trades at $0.20, raising concerns about their financial stability.