---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000585602.md"
description: "We've seen this film before...Nasdaq hit its 12th straight record close while companies with 0 AI expertise rebrand overnight and rip 200-600%26 years ago, it was a similar script with ".com"Then (1998-2000):• April 9, 1998: K-Tel announced a pivot to online music sales and stock ripped +900%• March 29, 1999: Computer Literacy rebranded to Fatbrain com and stock ripped +322%• March 21, 2000 Goldman Sachs told clients to go 90% stocks• April 17, 2000: Nasdaq had its biggest one-day point gain in history.In 2026:• April 2, 2026: Goldman Sachs told clients the worst of the selling is behind us• April 15, 2026: Allbirds rebranded to NewBird AI to rent GPUs and stock ripped +582%• April 16, 2026: Myseum rebranded to Myseum AI and stock ripped +200% pre-market• April 16, 2026: Nasdaq closes at a new all-time highThe Nasdaq crashed 78% and bottomed 30 months after that April 17, 2000 rally..."
datetime: "2026-04-17T16:37:29.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000585602.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000585602.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000585602.md)
author: "[Michael Burry Tracker](https://longbridge.com/en/profiles/17582432.md)"
generator: "portal-rs"
---

# We've seen this film before...Nasdaq hit its 12th …


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**