MicroStrategy, Palantir, Axon Added To Nasdaq 100: Super Micro Computer, Moderna, Illumina Exit The Index
Bitcoin drives stock prices soaring! MicroStrategy (MSTR.US) successfully enters the NASDAQ 100 Index.
MicroStrategy will be included in the Technology-focused NASDAQ 100 Index, with this change taking effect before the market opens on December 23.
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Analysts pointed out that Wall Street is focusing on the demand for ASICs (Application-Specific Integrated Circuits) from major Technology companies, which may be one of the reasons for the drop in NVIDIA Stocks. In the coming years, custom chips will gradually take market share from expensive GPUs in the applications of generative AI.
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After the iPhone, Apple has manufactured AirPods in India for the first time.
Apple's supplier, Foxconn Technology Group, will be responsible for the project at the new factory near Hyderabad in Telangana. The factory has begun trial production and is expected to go into full production in the first quarter of next year.
The NASDAQ 100 Index announced the results of its annual component stock adjustments.
Three companies will be added, namely Palantir, MicroStrategy, and Axon.
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