Shares surged nearly 30% after CEO Jack Dorsey said AI will let a smaller team “do more and do it better.”
Source: Sherwood News.
Category: Business
-
More US teens are using AI for studying. Not all of them feel great about it.
A new survey finds over half of Americans aged 13 to 17 use AI chatbots to help with school.Source: Sherwood News.
-
Delays in permitting, power, and zoning cause first drop in data center construction since 2020
Community engagement is another factor that led to the decline, despite strong demand.Source: Sherwood News.
-
CoreWeave tumbles on weaker-than-expected Q4 adjusted EBITDA
The neocloud just released quarterly results.Source: Sherwood News.
-
Warner Bros. board deems Paramount’s $31-per-share offer a superior deal, starting four-day countdown for Netflix response
Paramount’s deal includes a clause stipulating that it would pay the $2.8 billion cancellation fee WBD could end up owing Netflix.Source: Sherwood News.
-
Rocket Lab beats Q4 beats expectations on sales, per share loss
Here’s how the numbers looked in the most recent quarter.Source: Sherwood News.
-
Grindr rises after beating earnings, revenue expectations
The company reported earnings results on Thursday.Source: Sherwood News.
-
Dell soars after beating expectations for Q4 sales and EPS
Here’s how the numbers looked.Source: Sherwood News.
-
Figure Technology posts mixed Q4 results
The blockchain fintech company just reported Q4 results.Source: Sherwood News.
-
Tech weighs down stocks as investors digest Nvidia’s earnings
Most constituents of the S&P 500 rose but tech, which was the worst-performing sector, dragged down the S&P 500 and Nasdaq 100.Source: Sherwood News.
-
IDC: Worldwide smartphone market to decline more than ever in 2026 due to memory shortage driving up costs
Makers of higher-end phones like Apple and Samsung will fare better.Source: Sherwood News.
-
Apple and Netflix announce a Formula 1 content swap
Apple TV will allow Netflix to simulcast the F1 Canadian Grand Prix in May. Netflix, in turn, will allow Apple to carry its popular “Drive to Survive” docuseries.Source: Sherwood News.