Harvard recently exited all positions exposed to ethereum, while Goldman Sachs trimmed its holdings to ethereum ETFs and treasury companies.
Source: Sherwood News.
Category: Business
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T1 Energy spikes on record call buying after Situational Awareness reveals 3.6% stake
Situational Awareness has become a closely followed fund because of how well it’s done in the AI era and who it’s run by: former OpenAI researcher Leopold Aschenbrenner, who’s only in his mid-20s!
Source: Sherwood News.
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Swatch’s collaboration with Audemars Piguet could help bring hype back to its bottom line
The rival watchmakers have teamed up on a buzzy new collection that’s sparking a global consumer frenzy.
Source: Sherwood News.
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Nvidia: Too big to excite?
The chip designer has transformed from a high-beta leader to a low-beta laggard within the AI theme it created.
Source: Sherwood News.
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Google employees are now competing with Anthropic and Meta for access to Google compute
In the AI era, even Google’s own employees are struggling to get Google computing power.
Source: Sherwood News.
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“Crypto is on edge” as bitcoin dips below $77,000 and ETFs see $1 billion in weekly outflows
“The core question for the week ahead is whether ETF selling is a temporary rebalance after a strong run or the first sign that institutional allocators are fading the rally,” one analyst said.
Source: Sherwood News.
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A Nepali Sherpa just broke his own Everest ascent record amid busiest year for permits ever
When it comes to the world’s tallest mountain, it’s not so lonely at the top.
Source: Sherwood News.
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Musk offered — and has yet to pay — xAI employees $420 for their tax returns
Two months later, the company has failed to pay up.
Source: Sherwood News.
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Regeneron sinks as Phase 3 skin cancer treatment trial fails
The company faces a wave of price target cuts and a steep stock decline following the late-stage clinical trial failure of its experimental melanoma combination therapy.
Source: Sherwood News.
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EY retracts report with apparent AI hallucinations
Sherwood News had exclusively reported an AI watchdog’s findings of the hallucinations.
Source: Sherwood News.
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Elon Musk expects Tesla Robotaxis to be “widespread” in the US by the end of the year
If he’s talking about robotaxis in general he might be right.
Source: Sherwood News.
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LiveRamp surges on $2.54 billion all-cash buyout by Publicis Groupe and Q4 earnings results
“This transaction reflects the strength of our business, the value of our platform and the strategic role LiveRamp plays in an AI-driven market,” Scott Howe, CEO of LiveRamp, said.
Source: Sherwood News.