Tesla shares is related to the election of Donald Trump
Posted: Sat Jan 04, 2025 5:35 am
NASDAQ Giorgi Aronia 12.12.24 15:23 • 410 The NASDAQ Composite Index, one of the major stock indexes in the United States and reflecting the market capitalization of companies listed on the NASDAQ stock exchange, has set another record. The NASDAQ surpassed the 20,000 mark for the first time, driven by the recent surge in valuations of Elon Musk's electric car company and other technology titans.
If the rise in as US President and Elon Musk's record wealth, the main factor driving the overall growth of the technology sector was the updated positive inflation statistics in the United States, which indicates to the uk business fax list market that the Federal Reserve will reduce the refinancing rate once again this year. The cheapening of capital is accompanied by increased activity on the stock exchange, which, as a rule, has a positive effect on the company's shares.
The NASDAQ Composite Index, which is largely comprised of technology companies, has seen phenomenal growth in recent years, doubling since 2020. Much of this growth has come from technology companies, which, while suffering a sharp decline during the pandemic, have rebounded at an unprecedented rate since restrictions were lifted. In late 2022, OpenAI introduced ChatGPT, a generative artificial intelligence (AI) platform that kicked off the AI boom in the tech sector and sent valuations of companies like NVIDIA soaring.
If the rise in as US President and Elon Musk's record wealth, the main factor driving the overall growth of the technology sector was the updated positive inflation statistics in the United States, which indicates to the uk business fax list market that the Federal Reserve will reduce the refinancing rate once again this year. The cheapening of capital is accompanied by increased activity on the stock exchange, which, as a rule, has a positive effect on the company's shares.
The NASDAQ Composite Index, which is largely comprised of technology companies, has seen phenomenal growth in recent years, doubling since 2020. Much of this growth has come from technology companies, which, while suffering a sharp decline during the pandemic, have rebounded at an unprecedented rate since restrictions were lifted. In late 2022, OpenAI introduced ChatGPT, a generative artificial intelligence (AI) platform that kicked off the AI boom in the tech sector and sent valuations of companies like NVIDIA soaring.