The Nasdaq composite index closed at 16,698.32 on May 16, 2024, down 0.26% or 44.07 points from the previous day

Artificial intelligence optimism propelled the Nasdaq to a new post-Covid peak in late February 20241  

Shares of Trump's Truth Social platform were hit by a planned share sale in April 20241

UK chip designer Arm aimed for a market valuation of $50 billion in its US IPO filing in September 20231  

Vietnam EV maker VinFast was valued above Ford and GM when it went public in August 20231

Tesla CEO Elon Musk sold nearly $4 billion worth of Tesla shares in November 20221  

Global stock markets plummeted in June 2022 as economic fears escalated1

The Nasdaq is known for its focus on growth stocks, particularly in the technology sector