A chorus of market commentators has proclaimed that the Magnificent Seven cohort is dead, and Bill Smead joins the funeral. In an interview with Business Insider on Tuesday, Smead, who manages the Smead Value Fund (SMVLX), which, according to Morningstar data, has outperformed 98% of similar funds over the past 15 years, said Mag 7
Shhh…shut up. The stock market is trying to tell us something. The message begins with the chipmaker sector, which saw an electrifying surge of more than 100% in 2026 before hitting a wall in recent weeks. That selloff coincided with a rally in hyperscalers, which have forged a kind of market rivalry with chipmakers. But
I’m a summer Grinch. I do not thrive in hot climates. I don’t have money for an extravagant vacation. Perhaps my least favorite thing about summer is that my family’s sense of routine is disrupted. My two children, ages 10 and 12, spend several weeks of the summer at day camp, but we also have
Matt Damon said Jon Bernthal inspired the rest of the cast with a grueling scene early in production. Damon recalled that Bernthal was half submerged in freezing water in Morocco during the winter while filming a scene inside the Trojan Horse. “Jon was shaking, putting his hands together and pressing down to get the chills
Google says its search function is not dead, but thriving. In an earnings conference call on Wednesday, Alphabet CEO Sundar Pichai said Google’s AI-powered features, such as AI overviews and AI mode, were driving growth in search queries. Pichai said he saw this in full effect during the FIFA World Cup that began in June
Ukrainian defense company SkyFall said Wednesday that it has developed an interceptor drone capable of shooting down Russian Shaheds, a class of much faster attack drone that Moscow uses more regularly. The P1-SUN JetKiller is designed with a maximum flight speed of 370 kmph or 230 mph, at maximum altitudes of 9,000 meters or approximately
