News PIck – Rise of the tech titans: Nasdaq’s resurgence.. – G&M

blog_images_nasMarch 2, 2015 “By most measures of wealth and power, the tech sector is one in ascendancy, having assumed a level of influence in the global market and economy not seen since the last tech boom. On Monday, the technology concentrated Nasdaq composite stock index breached a level once associated with the excesses of the dot-com bubble, as the benchmark broke through the 5,000 mark, capping a comeback many once thought impossible. There are important differences distinguishing now from the late-1990s, however, with the valuations of the latest era more supported by solid earnings growth. Also on Monday, Forbes released its annual list of the world’s richest people, showing an increasing representation of tech-based billionaires.” Read full article at Globe & Mail