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Tech IPOs Surge as Nasdaq Hits Record High in February

Summary

The Nasdaq Composite index reached a new record of 16,250 points today, fueled by a surge in tech IPOs. Five technology startups debuted on the exchange this week, collectively rai

The Nasdaq Composite index reached a new record of 16,250 points today, fueled by a surge in tech IPOs. Five technology startups debuted on the exchange this week, collectively raising $3.5 billion, according to Bloomberg. Investors showed strong interest in AI and cloud computing firms, signaling confidence in innovation-driven growth. Market analysts caution that volatility may increase but highlight the sector’s robust fundamentals amid ongoing economic recovery.
1d agoVerified by Kanchan
Tech IPOs Surge as Nasdaq Hits Record High in February

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