Fund manager who beat 99% of his peers in the past 5 years warns stocks face ‘destruction’ as enthusiasm for AI stocks boosts valuations to dot-com bubble levels

The S&P 500 is up 24% from its October lows. But almost all of the index returns since January can be attributed to a few stocks. Bill Smead says it probably signals problems for the index finger once the “mania” ends. If you’ve been sitting on the sidelines of this gathering, you might be tempted … Read more

Internet gambling would be allowed for another 5 years under the latest change in New Jersey

ATLANTIC CITY, NJ (AP) Internet gambling in New Jersey would be permitted for at least another five years under state lawmakers’ latest proposal. On Wednesday night, lawmakers dropped a move they made the day before to slash the extent of online casino gambling in the state. An original bill re-authorizing online betting would have given … Read more

Historic Internet opportunity to be implemented with safeguards over period of years, West Virginia officials say – WV MetroNews

West Virginia has $1.2 billion from the federal government for high-speed Internet expansion, but it won’t be established by magic. The state still needs to pass a series of deadlines and oversight procedures to make sure broadband rollout is running efficiently and smoothly. Kelly Workman “That’s a lot of money, and it’s a huge responsibility … Read more

30 years ago, one decision changed the course of our connected world

This was the first web page in the world. Thirty years ago, the World Wide Web fell into the public domain. Fabrice Coffrini/AFP via Getty Images hide caption toggle caption on/off Fabrice Coffrini/AFP via Getty Images This was the first web page in the world. Thirty years ago, the World Wide Web fell into the … Read more