The Nasdaq is a stock exchange situated in New York, USA, and is the second largest stock exchange in America. The stock exchange was founded in 1971, and the acronym expands to National Association of Securities Dealers Automated Quotations.
Precisely speaking, it was founded on June 8, 1971, as NASD, and in 2006, it became Nasdaq. The stock exchange was the first to introduce the digitised trading platform.
This gave companies, brokers, and traders spontaneous access to trade. The major brand names that trade in the Nasdaq 100 are Amazon, Microsoft, Oracle, and Intel.
In the 1980-1900s, the Nasdaq stock exchange listed a large number of tech companies, which helped the exchange's points rise by 1000 points in 1995 and reach 4500 points in March 2000.
In the late 1990s, the dot com bubble came into being, which accentuated the workings of the index. Many companies started raising their IPOs, and they went out of business. And when this happens, the entire index value is over 80%.
The Nasdaq 100 consists of about 102 shares. The reason behind this number of shares is that the companies listed under the Nasdaq index have Alphabet share classes of A and C.
The index is calculated on the basis of modified capitalization methodology. In this method, the individual weights of all the included shares are added to their market capitalization. Weighting helps limit the influence of the largest companies and balance the entire index in an effective way. The index is reviewed every quarter, and weights adjusted accordingly.
The top 10 companies in the NASDAQ 100 index are:
Alphabet (Class C)
Alphabet (Class A)
Meta (formerly known as Facebook)
Adobe
Netflix
Apple
Microsoft
Amazon
Tesla
NVIDIA
The entire list of member companies:
AAPL Apple Inc. Common Stock
ADBE Adobe Inc. Common Stock
ADI Analog Devices, Inc. Common Stock
ADP Automatic Data Processing, Inc. Common Stock
ADSK Autodesk, Inc. Common Stock
AEP American Electric Power Company, Inc. Common Stock
ALGN Align Technology, Inc. Common Stock
AMAT Applied Materials, Inc. Common Stock
AMD Advanced Micro Devices, Inc. Common Stock
AMGN Amgen Inc. Common Stock
AMZN Amazon.com, Inc. Common Stock
ANSS ANSYS, Inc. Common Stock
ASML ASML Holding N.V. New York Registry Shares
ATVI Activision Blizzard, Inc. Common Stock
AVGO Broadcom Inc. Common Stock
BIDU Baidu, Inc. ADS
BIIB Biogen Inc. Common Stock
BKNG Booking Holdings Inc. Common Stock
CDNS Cadence Design Systems, Inc. Common Stock
CDW CDW Corporation Common Stock
CERN Cerner Corporation Common Stock
CHKP Check Point Software Technologies Ltd. Ordinary Shares
CHTR Charter Communications, Inc. Class A Common Stock New
CMCSA Comcast Corporation Class A Common Stock
COST Costco Wholesale Corporation Common Stock
CPRT Copart, Inc. (DE) Common Stock
CRWD CrowdStrike Holdings, Inc. Class A Common Stock
CSCO Cisco Systems, Inc. Common Stock (DE)
CSX CSX Corporation Common Stock
CTAS Cintas Corporation Common Stock
CTSH Cognizant Technology Solutions Corporation Class A Common Stock
DLTR Dollar Tree Inc. Common Stock
DOCU DocuSign, Inc. Common Stock
DXCM DexCom, Inc. Common Stock
EA Electronic Arts Inc. Common Stock
EBAY eBay Inc. Common Stock
EXC Exelon Corporation Common Stock
FAST Fastenal Company Common Stock
FB Meta Platforms, Inc. Class A Common Stock
FISV Fiserv, Inc. Common Stock
FOX Fox Corporation Class B Common Stock
FOXA Fox Corporation Class A Common Stock
GILD Gilead Sciences, Inc. Common Stock
GOOGL Alphabet Inc. Class C Capital Stock
GOOGL Alphabet Inc. Class A Common Stock
HON Honeywell International Inc. Common Stock
IDXX IDEXX Laboratories, Inc. Common Stock
ILMN Illumina, Inc. Common Stock
INCY Incyte Corp. Common Stock
INTC Intel Corporation Common Stock
INTU Intuit Inc. Common Stock
ISRG Intuitive Surgical, Inc. Common Stock
JD JD.com, Inc. American Depositary Shares
KDP Keurig Dr Pepper Inc. Common Stock
KHC The Kraft Heinz Company Common Stock
KLAC KLA Corporation Common Stock
LRCX Lam Research Corporation Common Stock
LULU lululemon athletica inc. Common Stock
MAR Marriott International Class A Common Stock
MCHP Microchip Technology Incorporated Common Stock
MDLZ Mondelez International, Inc. Class A Common Stock
MELI MercadoLibre, Inc. Common Stock
MNST Monster Beverage Corporation
MRNA Moderna, Inc. Common Stock
MRVL Marvell Technology, Inc. Common Stock
MSFT Microsoft Corporation Common Stock
MTCH Match Group, Inc. Common Stock
MU Micron Technology, Inc. Common Stock
NFLX Netflix, Inc. Common Stock
NTES NetEase, Inc. American Depositary Shares
NVDA NVIDIA Corporation Common Stock
NXPI NXP Semiconductors N.V. Common Stock
OKTA Okta, Inc. Class A Common Stock
ORLY O'Reilly Automotive, Inc. Common Stock
PAYX Paychex, Inc. Common Stock
PCAR PACCAR Inc. Common Stock
PDD Pinduoduo Inc. American Depositary Shares
PEP PepsiCo, Inc. Common Stock
PTON Peloton Interactive, Inc. Class A Common Stock
PYPL PayPal Holdings, Inc. Common Stock
QCOM QUALCOMM Incorporated Common Stock
REGN Regeneron Pharmaceuticals, Inc. Common Stock
ROST Ross Stores, Inc. Common Stock
SBUX Starbucks Corporation Common Stock
SGEN Seagen Inc. Common Stock
SIRI Sirius XM Holdings Inc. Common Stock
SNPS Synopsys, Inc. Common Stock
SPLK Splunk Inc. Common Stock
SWKS Skyworks Solutions, Inc. Common Stock
TCOM Trip.com Group Limited American Depositary Shares
TEAM Atlassian Corporation Plc Class A Ordinary Shares
TMUS T-Mobile US, Inc. Common Stock
TSLA Tesla, Inc. Common Stock
TXN Texas Instruments Incorporated Common Stock
VRSK Verisk Analytics, Inc. Common Stock
VRSN VeriSign, Inc. Common Stock
VRTX Vertex Pharmaceuticals Incorporated Common Stock
WBA Walgreens Boots Alliance, Inc. Common Stock
WDAY Workday, Inc. Class A Common Stock
XEL Xcel Energy Inc. Common Stock
XLNX Xilinx, Inc. Common Stock
ZM Zoom Video Communications, Inc. Class A Common Stock
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