The Nasdaq 100 Index has rallied this year, helped by the ongoing tailwinds in the artificial intelligence industry. It ended the week at $24,500 after soaring by 50% from its lowest level this year.

In early trading on Monday, shares of PDD Holdings topped the list of the day's best performing components of the Nasdaq 100 index, trading up 2.9%. Year to date, PDD Holdings registers a 34.8% gain.

The Nasdaq 100 Index struggled as investors awaited Jerome Powell’s speech at the Jackson Hole Symposium. The hope among investors was that he would deliver a hawkish statement because of the recent ...

The Nasdaq-100 index recently entered a new bull market after briefly slipping into bear territory in April. Artificial intelligence (AI) stocks like Nvidia are leading the index higher, so investors ...