The Nasdaq, home to many of the biggest tech companies in America, hit the 6,000 mark for the first time ever on Tuesday.
The milestone comes more than 17 years after the Nasdaq first topped 5,000 — way back in March 2000. Tech stocks plunged after the dot-com bubble burst then, and once again during the Great Recession of 2008.
It took until 2015 for the Nasdaq to reach 5,000 again.
Sure, not much has changed now that the Nasdaq is at 6,000 as opposed to, say, 5,970. But, it’s a milestone, nevertheless. Hence, the big hoopla earlier this year when the Dow topped 20,000 — and 21,000 — for the first time.
Earnings growth may be the best since late 2011
Strong sales and profits from the likes of Apple (AAPL, Tech30), Google owner Alphabet (GOOGL, Tech30), Microsoft (MSFT, Tech30) and Facebook (FB, Tech30) — which are all listed on the Nasdaq — are a big reason behind the index’s surge during the past few years.
Investors relieved over the French presidential race & #Wikipedia sets its sights on #fakenews. #ABCTheWorld’s @AuskarSurbakti has more. pic.twitter.com/xekNHEwFit — ABC News (@abcnews) April 25, 2017 ABC News Tweets by abcnews Related
When PCL Construction needed to assess the condition of an Edmonton rooftop in mid-winter, they chose an alternative approach. “Instead of sending somebody up there to walk on the roof in icy conditions, we flew a UAV (unmanned aerial vehicle) over the roof and sent the video to the consultant,” says Mirra Maheden, senior virtual construction specialist for PCL. The video provided the necessary overview, and also allowed the consultant to zoom in on various details in order to complete the assessment.
UAV or drone adoption is one of the fastest growing uses of technology in construction, and inspecting icy rooftops is only one of many emerging applications leading to safer jobsites, better dissemination of information, and in some cases, precise measurement.
Loading and moving the World’s largest hydrostatic bulldozer, the Liebherr PR776 World’s first hydrostatically powered crawler tractor in the 70 tonnes category: Liebherr PR 776 Market launch for Bauma 2016 Significantly lower fuel consumption than the industry standard with similar pushing performance Maximum operating comfort thanks to intuitive joystick control Maximum safety with excellent view … Continue reading “Heavy Construction News – The World’s largest hydrostatic bulldozer” watch video –>
Biggest wheel loader in the world 70 yard super high lift LeTourneau L2350 The L-2350 wheel loader, with an operating capacity of 72,574 kg (160,000 lbs.), can center load haulage trucks with payload ratings ranging from 320 to 400+ tons. The most powerful and productive wheel loader in its class, the L-2350 is part of … Continue reading “Heavy Construction News – The Biggest Wheel Loader in the World”
Here is an informative walk-around of a brand new Caterpillar 316E. We rented this machine for two days for the excavation part of a paver driveway project we did. Like what you see? Check out The Dirt Ninja on Cat 316E Informative Walk-Around Quick, powerful and up to 8 percent more fuel efficient than its … Continue reading “Heavy Construction News – Cat 316E”
Cat Surface Mining Product Demo As part of Mining Forum 2014, Caterpillar hosted several demonstrations of the Cat mining product line for customers from around the world at the Tinaja Hills Demonstration and Learning Center in Arizona. Related
Komatsu PC300LC 8 excavator video review In this video Ron Horner takes us around a near-brand-new 34-tonne Komatsu PC300LC-8 being used for final-trim work on some sediment basins which East Coast Mining Group is building in Queensland. Overview The PC300LC-8M0 incorporates a holistic, integrated design with a host of standard factory installed items to … Continue reading “Heavy Construction News – Komatsu PC300LC 8”
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Perspective is not something one usually finds in young pop stars. But that’s one of the more refreshing and endearing aspects of the personality that is artist Skylar Renee. Indeed, certainly talent is there as well, in abundance as a matter of fact. Her debut single “Good As Gone” is…
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In this video, Ron Horner catches up with Danny Hope on one of Hope Civil’s South East Queensland civil sites to chat about his fleet of Cat 637 scrapers and to show the power and grace of these double-engined earthmoving giants. Cat 637 scraper video review Overview Coal reserve management Only Caterpillar offers Wheel Tractor-Scrapers … Continue reading “Heavy Construction News – Cat 637 scraper review”