The $16.5 million sale sets a new record for the most expensive trading card ever sold, though the sale has garnered controversy among crypto participants.
Source: Sherwood News.
Category: Business
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Bitcoin struggles to reach $70,000 as it heads for worst Q1 since 2018
If bitcoin ends February in the red, it will be its fifth consecutive monthly loss, and one analyst says bitcoin could “revert to $10,000.”Source: Sherwood News.
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President Trump, the “undisputed champion of beautiful, clean coal,” wants the Defense Department to start buying more of it
US total coal consumption, however, has plummeted in the last two decades.Source: Sherwood News.
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Three Gemini top executives leave in “big shakeup,” shares plummet
COO Marshall Beard, CFO Dan Chen, and CLO Tyler Meade are all out as of today.Source: Sherwood News.
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AMC gains amid report on efforts to refinance $2.5 billion in debt
Bloomberg reports that the theater chain is marketing a $750 million term loan and seeking $1.73 billion in secured debt, citing a person with knowledge of the matter.Source: Sherwood News.
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Florida-based construction company announces $1.5 billion merger with drone maker Xtend in pact backed by Eric Trump
JFB shares climbed 14% in premarket trading.Source: Sherwood News.
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ServiceNow CEO steps up with $3 million stock purchase announcement as executives cancel stock-selling plans
A vote of confidence from the C-suite.Source: Sherwood News.
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Younger companies and leaders embrace more remote work, new study finds
Firms founded in the past decade have nearly twice the WFH rates of those started before 1990.Source: Sherwood News.
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Video game experts say Google’s Project Genie isn’t an industry killer. Investors don’t seem convinced.
Analysts and company execs are trying to dispel fears around AI’s impact on gaming, but Wall Street is still wary.Source: Sherwood News.
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Fund managers fretting over Corporate America’s “overinvestment” are only worried about one thing
Being concerned about “overinvestment” is really a very narrow statement about worries over hyperscalers’ ROI.Source: Sherwood News.
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Netflix has granted Warner Bros. a 7-day waiver to resume deal talks with Paramount to hear out their best and final offer
Unlike a lot of sub-par Netflix originals, the plot is actually thickening.Source: Sherwood News.
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Norwegian Cruise Line jumps after the WSJ reports that activist Elliott has built a 10%+ stake in the company
Norwegian Cruise Line (NCLH) rose as much as ~12% in premarket trading on Tuesday after the Wall Street Journal reported that Elliott Investment Management has built more than a 10% stake in the company…Source: Sherwood News.