Investors always hated this deal.
Source: Sherwood News.
Category: Business
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Energy drink sales are soaring — but Red Bull’s still fly the highest
The Wiiings seller’s rivals reported record sales this week, but none come close to the biggest name in the game.Source: Sherwood News.
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OpenAI secures blockbuster $110 billion funding round valuing company at $730 billion
This investment includes $50 billion from Amazon, $30 billion from SoftBank, and $30 billion from Nvidia.Source: Sherwood News.
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Dell shares hold post-earnings gains as analysts applaud “exceptional beat+raise”
“An exceptional beat+raise.”Source: Sherwood News.
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Archer teams up with Starlink to bring internet access to its Midnight air taxi
The announcement marks an “industry-first collaboration,” says Archer.Source: Sherwood News.
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Meta reportedly strikes multi-billion dollar AI chip deal with Google as it struggles to design its own
Google is aggressively moving into Nvidia’s territory by leasing and selling training chips.Source: Sherwood News.
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Rocket Companies rises on Q4 earnings beat and strong Q1 2026 guidance
Investors are still cheering the results from Thursday.Source: Sherwood News.
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Block soars after announcing 40% workforce cut amid AI push
Shares surged nearly 30% after CEO Jack Dorsey said AI will let a smaller team “do more and do it better.”Source: Sherwood News.
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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.
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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.
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CoreWeave tumbles on weaker-than-expected Q4 adjusted EBITDA
The neocloud just released quarterly results.Source: Sherwood News.
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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.