Macro
Search catalysts, news stories, and pressures, or browse the trust-weighted news feed below.
month values ▾
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.30 | +0.09 | +0.20 | +0.20 | +0.20 | +0.20 | +0.20 | +0.16 | +0.30 | +0.20 | +0.20 | +0.20 |
A solid growth year under still-cheap capital; Google's August Dutch-auction IPO rekindled tech optimism (and Facebook was quietly founded in February).
How this mood is scored ▾
Mark Zuckerberg and co-founders launched Thefacebook, a social networking site initially limited to Harvard students, from their dormitory. The site expanded rapidly to other universities within months, part of a wave of social media startups following the internet sector's recovery. It would grow into one of the largest technology companies in the world.
Google's shares rose 18% on their Nasdaq debut at $100.34, following a Dutch auction IPO priced at $85, raising $1.67 billion. Founders Brin and Page became paper billionaires, and the company achieved a $23.1 billion valuation, signaling strong market confidence despite regulatory scrutiny and Wall Street skepticism. The unconventional offering bypassed traditional underwriting, attracting retail and institutional investors post-launch.