Arm Holdings PLC

Scooters take over SXSW in Austin, TXAs the last decade came to an end, it was easy for a young engineer to hop on a Bird scooter and ride it to a nearby WeWork office, home to the hottest new crypto startup.Then came Covid. Electric scooters and coworking spaces were no longer important, but there was a sudden need for tools to enable remote collaboration. Money started flowing into entertainment and education apps that consumers could tap while in lockdown. And while trading crypto.In both periods, money was cheap and…

The Nasdaq MarketSite in the Times Square neighborhood of New York, on Tuesday, May 31, 2022.Michael Nagle | Bloomberg | Getty ImagesTech stocks rebounded from a disastrous 2022 and lifted the Nasdaq to one of its strongest years in the past two decades.After last year's 33% plunge, the tech-heavy Nasdaq finished 2023 up 43%, its best year since 2020, which was narrowly higher. The gain was also just shy of the index's performance in 2009. Those are the only two years with bigger gains dating back to 2003, when stocks…