Key Takeaways Palantir, MicroStrategy, and Axon Enterprise joined the Nasdaq 100 index on Monday. The index contains the 100 largest non-financial sector companies in the Nasdaq Composite Index and is reconstituted annually.

The Australian government is expanding its News Media Bargaining Code to include platforms like TikTok. After notable growth this year, MicroStrategy and Palantis will join

Shares of the Virginia-based company, which owns about 2% of all bitcoin, has outperformed even Nvidia over the last five years.