What was the name of the speculative technology-stock boom that collapsed around 2000?

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The Dot-com bubble was the speculative technology-stock boom that collapsed around 2000.

The bubble developed during the 1990s as investors poured money into internet-related companies. Many firms had little revenue, no profits, or business models based mainly on attracting users quickly. The rapid expansion of internet access and enthusiasm about a “new economy” encouraged investors to assign very high valuations to companies with limited operating histories.

The Nasdaq Composite, a U.S. index heavily weighted toward technology companies, reached a peak on March 10, 2000. It then fell sharply as investors reassessed company valuations and financing became harder to obtain. The crash did not mean that the internet itself was unsuccessful; companies such as Amazon and Google later became major businesses. A common mistake is treating every technology company as part of the bubble. The defining feature was the combination of internet speculation, extreme valuations, and widespread investment in unprofitable or barely established firms.

Source: Wikipedia · fact-checked Oct. 2026

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