Dot-com bubble | Wikipedia audio article
0This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Dot-com_bubble
00:00:45 1 Prelude to the bubble
00:02:21 2 The bubble
00:04:54 2.1 Spending tendencies of dot-com companies
00:06:02 2.2 Bubble in telecom
00:06:49 3 Bursting of the bubble
00:10:45 4 Aftermath
00:12:00 4.1 Job market and office equipment glut
00:12:33 4.2 Legacy
00:14:01 5 Notable Companies
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SUMMARY
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The Nasdaq Composite stock market index, which included many Internet-based companies, peaked in value on March 10, 2000 before crashing. The burst of the bubble, known as the dot-com crash, lasted from March 11, 2000 to October 9, 2002. During the crash, many online shopping companies, such as Pets.com, Webvan, and Boo.com, as well as communication companies, such as Worldcom, NorthPoint Communications and Global Crossing failed and shut down. Others, such as Cisco, whose stock declined by 86%, and Qualcomm, lost a large portion of their market capitalization but survived, and some companies, such as eBay and Amazon.com, declined in value but recovered quickly.