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What is the Nasdaq 100 index? [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
The Nasdaq 100 numbers huge tech stocks such as Apple, Microsoft, Amazon, Alphabet and the other Magnificent 7 stocks . But don't confuse this index with the Nasdaq Composite , which contains thousands of stocks. Here's how the Nasdaq 100 works, which companies are in it and how they get added. What is the Nasdaq 100? The Nasdaq 100 Index is a collection of the 100 largest non-financial companies trading on the Nasdaq stock exchange. The index is weighted according to each stock's market capitalization – the total value of all its outstanding shares – so that larger companies carry a heavier weighting. The index features the world's largest companies, including multi-trillion-dollar tech stocks that dominate the news. These stocks include the mega-caps as well as many large-cap stocks . To be part of the index requires meeting special criteria, which are detailed below. For a company, it's valuable to be included in the index. When a firm joins the index, investment funds tr
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