Category: Business

AI “bottleneck” stocks are the big winners halfway through a tumultuous week

This post was originally published on Sherwood News.

Makers of the crucial inputs for AI datacenters are getting a lift.
Papa John’s spikes following report of a $47-per-share take-private offer from Qatari investment fund Irth Capital

This post was originally published on Sherwood News.

Papa John’s shares climbed more than 18% on Wednesday afternoon.
Musk blurs the boundaries of his companies even more with joint xAI-Tesla AI agent project

This post was originally published on Sherwood News.

Macrohard is now Digital Optimus.
Group of retired senior military officers and Microsoft file briefs supporting Anthropic in lawsuit

This post was originally published on Sherwood News.

Microsoft (MSFT) and a group of 22 retired senior military officers have filed amicus briefs in support of Anthropic in its lawsuit against the US government. The group of military officers includes two…
Ethereum is seeing record activity. So why is its price struggling?

This post was originally published on Sherwood News.

Analysts from Citizens JMP Securities expect fundamentals to play a greater role in 2026, despite ethereum’s predicament between network activity and price.
Bitwise’s Hougan makes the case for bitcoin to hit $1 million in 10 years

This post was originally published on Sherwood News.

To reach a seven-figure price, bitcoin would need to capture more than 50% of the store-of-value market, “a very high bar” that “sounds unreasonable to many,” Hougan wrote, but noted there’s a point most…
How Oracle is de-risking its AI boom

This post was originally published on Sherwood News.

Oracle released its third-quarter earnings yesterday, and the company is making it clear that its ambitious AI growth is grounded in reality and cold hard cash.
Meta doubles down on custom inference chips after reportedly scrapping training chip

This post was originally published on Sherwood News.

Meta wants to buy its chips and make them, too.
Are the tech giants destroying their own golden age by fire-hosing money into AI?

This post was originally published on Sherwood News.

Legendary investor and market skeptic Jeremy Grantham says hyperscalers’ profits are about to get crushed as they spend heavily to veer out of their defined lanes and fight over the same territory.
Google completes acquisition of Wiz — its biggest ever

This post was originally published on Sherwood News.

The $32 billion cybersecurity startup purchase ranks higher than any of Google’s previous acquisitions.
Perplexity has been left behind in the AI wars

This post was originally published on Sherwood News.

Once touted as a potential Google killer, the AI search engine’s traffic has been flat over the last year, while peers like Claude have surged ahead.
CarMax rises after activist investor Starboard takes $350 million stake

This post was originally published on Sherwood News.

CarMax climbed more than 7% in premarket trading on Wednesday.