The tech-heavy Nasdaq 100 index on Thursday scored a daily advance of over 3% to close at its all-time high for the first time since March 2000, a scene in some ways reminiscent of the dot-com era ...

far exceeding the Nasdaq’s 16x average multiple. This has led some investors to worry that optimism around AI is being fueled more by FOMO than by measurable returns. Similar to the dot-com ...

Source: Nasdaq Global Indexes Again, while the broader narrative is that index-weighted EPS will continue ... to two per the December meeting’s “dot plot” from four in September.

The index is about 60% tech ... And as I write this, the NASDAQ’s P/E ratio is 37.2, higher than at any point since the dot-com bubble and well above the S&P 500’s measure of 27.9. Why ...