What the dot-com bust can tell us about today’s AI boom
Twenty-five years ago this week, the Nasdaq Composite Index hit its dot-com-era peak after soaring more than 500% in five ...
Wall Street Journal5d
What the Dot-Com Bust Can Tell Us About Today’s AI Boom
Small investors lured by a promising new technology called the internet lost fortunes. The economy stumbled. Highflying companies like Pets.com, TheGlobe.com and Webvan collapsed.
European Midday Briefing: Stocks Fall as Investors Digest Trump Interview
European stocks fell on Monday after President Trump, in an interview with Fox News, refused to rule out a recession for the U.S. The U.S. is set to impose steel and aluminum tariffs of 25% on the ...
biznews.com6d
FT: How do you know when a bubble has popped? – Brooke Masters
Once funding became more expensive, lossmaking start-ups such as Pets.com and Webvan ran out of money. Their telecom and technology providers started to struggle as well, pulling down the broader ...