The purchase brings his holdings of company stock above 2.4 million.
Source: Sherwood News.
Category: Business
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Google announces new models, glasses, agents, but investors are not impressed
At Google’s I/O developer conference, the company announced a bevy of new products, but none of it helped the stock one bit.
Source: Sherwood News.
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Stocks fall amid inflation fears and spiking bond yields
Yields on 30-year Treasurys hit the highest level in 19 years as inflation worries due to elevated oil prices sparked fears of a rate hike.
Source: Sherwood News.
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Ethereum exits: Investors depart its ETFs and the Ethereum Foundation shrinks (again)
Several prominent researchers have left the nonprofit organization tasked with steering the ethereum ecosystem.
Source: Sherwood News.
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Report: Tesla to build solar factory near Houston
The solar facility will be located near Tesla’s Megapack Megafactory.
Source: Sherwood News.
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Anthropic hires former OpenAI member and Tesla AI director Andrej Karpathy
The “leader in real-world AI” is going to need a new AI leader.
Source: Sherwood News.
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Bernstein stamps several bitcoin miners with “outperform” ratings: “An integral part of the AI value chain”
Analysts say IREN, Riot Platforms, CleanSpark, and Core Scientific are “well positioned in a power-constrained environment” to profit.
Source: Sherwood News.
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I hated the idea of robotaxis, but they actually rule
San Franciscans have gotten used to seeing cars without drivers crisscrossing their city. It will be the reality for the rest of us soon.
Source: Sherwood News.
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Nintendo climbs for third day as China ramps up its memory production
Nintendo shares have plunged as the “RAMpocalypse,” or the memory price surge, squeezes consumer electronics.
Source: Sherwood News.
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Snowflake shares rise after BofA raises price target, predicts strong earnings next week
The report called the stock a “a share gainer in the attractive and growing AI business intelligence opportunity.”
Source: Sherwood News.
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Standard Chartered to replace “lower-value human capital,” cutting jobs “in favor of the machines”
Well, that’s a quote.
Source: Sherwood News.
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“Fortnite” returns to Apple App Store globally
In a press release, Epic Games wrote, “We are confident that once Apple is forced to show its costs, governments around the world will not allow Apple junk fees to stand.”
Source: Sherwood News.