The skyline of San Francisco, May 7, 2025. Silicon Valley is again betting everything on a new technology. But the mania is not a reboot of the late-1990s frenzy. (Loren Elliott/The New York Times) By David Streitfeld The dot-com boom, a period of wild exuberance and extreme hype that began in the mid-1990s, built the foundations for the contemporary wired world. When the internet mania turned to bust in March 2000, it made a bit of a mess. The trouble spread from Silicon Val

Wall Street’s major indexes slipped ‌in ​the final trading session of 2025, but ‌approached a positive end to a year dominated by President Donald Trump’s tariff uncertainties and ​a euphoria around AI-focused stocks. The S&P 500, Dow and Nasdaq were on course to log double-digit gains this year - their third consecutive year. On the day, ‍tech stocks extended losses, slipping 0.2%. Microsoft ​and Broadcom fell 0.3% and 1%, respectively. At 10:06 a.m. ET, the Dow Jones Indust

Panel moderator Jodi Kantor during a DealBook task force panel in New York, on Wednesday, Dec. 3, 2025. (Nicole Craine/The New York Times) By ALINA TUGEND It is a tough time to be a college president. Campus leaders are grappling with declining public trust in the value of a college degree, a society-changing technology in artificial intelligence and, for many, unprecedented attacks by the federal government. “It’s clearly a very challenging moment in higher education,” said

The S&P 500 and ‌the ​Nasdaq were subdued in choppy trading on Tuesday, ‌as support from communication services stocks was capped by declines in technology and financial stocks, with financials also ​weighing on the Dow. Communication services shares were among the biggest gainers on the S&P 500, on the back of a 1.2% gain in Meta Platforms. On Monday, the ‍technology company said it would acquire Chinese-founded artificial ​intelligence startup Manus, accelerating efforts to

Lori Schott, far left, protested David Sacks with other parents on the eve of a House hearing on children’s online safety in Washington, on Dec. 1, 2025. The president has backed policies that allow the industry to grow unfettered. The mutually beneficial alliance is causing concern among some conservatives. (Jason Andrew/The New York Times) By CECILIA KANG Before President Donald Trump returned to the White House in January, the titans of the tech industry went all out to wi

Wall Street’s main indexes ‌kicked ​off the final week of the year on ‌a softer note on Monday, as heavyweight technology stocks retreated from last week’s gains that had pushed ​the S&P 500 to record highs. The information technology sector weighed on the S&P 500, as most tech and AI-linked stocks declined, with Nvidia down 1.5% and Palantir ‍Technologies shedding 1.6%. “This is (not) the beginning of the ​end of the tech dominance, it’ll turn out to be a buying opportunity,

Operations coordinator Ricardo Eva works at the American Airlines Integrated Operations Center in Euless, Texas, Dec. 4, 2025. Airline operational hubs play a central role in the aviation system, but what happens in these nerve centers is largely invisible to most people. (Desiree Rios/The New York Times) By NIRAJ CHOKSHI American Airlines Flight 27 was hundreds of miles out to sea on its way from Los Angeles to Tokyo this month when a passenger had a medical emergency. The f

Wall Street ended a light-volume post-Christmas ‌session ​nearly unchanged on Friday, with few catalysts ‌to fuel much conviction one way or the other. All three major U.S. stock indexes closed nominally ​lower, snapping a five-session rally, but logged weekly gains. “We had a very strong five-day rally, so in a way we’re just simply catching our breath ‍today after the holiday,” said Ryan Detrick, ​chief market strategist at Carson Group in Omaha. “This is only day two of th