Starboard Value says leasing Riot’s vast Texas power capacity could potentially generate over $1.6 billion in EBITDA.
Source: Sherwood News.
Category: Business
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With US coffee prices reaching record highs, will Americans rethink their consumption?
Even after the US scrapped tariffs on coffee last November, new BLS data shows stateside prices are still soaring.Source: Sherwood News.
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Applied Digital, WeRide, and Recursion Pharmaceuticals dip as Nvidia exits positions
Nvidia is piling up mountains of cash, and still exited a number of stocks in Q4.Source: Sherwood News.
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Nvidia and Meta enhance partnership with social media giant to deploy “millions” of its GPUs
Winners: Nvidia, ARM. Losers: AMD, Broadcom, Intel, Arista.Source: Sherwood News.
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Sandisk drops after Western Digital confirms plan to unload $3 billion in stock
The move was telegraphed, but “secondary offering” never something you want to see in a headline about your company.Source: Sherwood News.
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Cadence Design Systems jumps after Q4 earnings, 2026 profit outlook, and sales backlog exceed estimates
Some relief for the electronic design automation company isn’t enough to erase Tuesday’s losses, though.Source: Sherwood News.
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Infleqtion CEO Matt Kinsella on how the newly public quantum computing company is “following in the footsteps of Nvidia”
Infleqtion shares gained double digits in their opening session, while peers sold off.Source: Sherwood News.
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Stocks erase morning losses in volatile trading session
The S&P 500 posted a small gain, the Nasdaq 100 posted a small loss, and the Russell 2000 finished flat.Source: Sherwood News.
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Oil prices dip, sending airline stocks climbing amid US-Iran talks
Shares of several major airlines climbed on Tuesday.Source: Sherwood News.
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Tesla’s 45 Austin Robotaxis now have 14 crashes on the books since launching in June
Tesla submitted five new crash reports in January involving its Austin Robotaxi fleet, Electrek reports.Source: Sherwood News.
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Sony is reportedly considering pushing the PlayStation 6 to 2028 or 2029 as AI RAM demand squeezes consumer electronics
AI-led memory shortages threaten to hike gaming costs, along with a host of other electronics.Source: Sherwood News.
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Walmart’s earnings have high bar to clear as search for safety pushes valuations into stratosphere
Walmart’s underwhelming full-year guidance catalyzed a momentum stock meltdown this time last year.Source: Sherwood News.