In a decade of extreme wealth creation in markets, few assets did more to enrich investors than stocks in the tech-heavy Nasdaq 100 index. Tech companies needed 15 years to recover from the dot-com crash, coming full circle in 2015. Tech stocks have been able to rally to records even as they were beset by bad news. Plagued by scandals, tech companies saw sentiment turn against them in the late 2010s — though not in the stock market. Profits are likely to fall for many tech companies in 2019.

Source: Los Angeles Times December 31, 2019 23:37 UTC