Dot-Com Bubble

The speculative mania of the late 1990s when internet-related stocks soared to absurd valuations, fueled by hype, IPO fever, and the belief that traditional metrics like earnings no longer mattered. The Nasdaq peaked in March 2000 and then lost nearly 80% of its value over the next two and a half years. Companies like Pets.com and Webvan became cautionary tales, while survivors like Amazon and eBay emerged far stronger.