There are three reasons why GameStop trades where it does. Only one of these, and the least important reason, is something eBay shareholders would get to enjoy.
Source: Sherwood News.
Category: Business
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Anthropic in talks for funding at a valuation as high as $950 billion, which would make it bigger than OpenAI
An improbable, parabolic rise in valuation has rocketed Anthropic past the presumed leader, OpenAI.
Source: Sherwood News.
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Ford surges on bullish options activity, Morgan Stanley praises its battery business
Ford shares climbed more than 8% in intraday trading on Wednesday.
Source: Sherwood News.
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XRP tops 24-hour chart on South Korean crypto exchange
In the last 24 hours, XRP has generated over $105 million in trading volume on Upbit, outpacing bitcoin, ethereum, and dogecoin.
Source: Sherwood News.
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Alphabet’s Waymo to add 200 square miles of coverage area to existing markets
That will bring its total coverage to 1,400 square miles.
Source: Sherwood News.
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25% of federal lobbyists are involved in AI issues, up from 11% in 2023
Silicon Valley companies are amping up their lobbying efforts in Washington.
Source: Sherwood News.
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CLARITY Act could help reshape bitcoin’s narrative for second half of 2026
“Thursday isn’t the finish line, it’s the gate. A clean markup is what tells institutional capital it’s safe to come off the sidelines.”
Source: Sherwood News.
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Tower Semiconductor soars on solid sales guidance with $1.3 billion in silicon photonics sales contracts
The company issued record revenue guidance and secured major silicon photonics contracts, locking in $1.3 billion in revenue for 2027.
Source: Sherwood News.
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Nebius soars on strong Q1 results, boost to full-year contracted power guidance
Up in the neoclouds.
Source: Sherwood News.
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Einride and its autonomous electric trucks are speeding toward the public markets
Where they’re going and what happens if they get pulled over on the way.
Source: Sherwood News.
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Microsoft’s LinkedIn to lay off 5% of staff, Reuters reports
The company is expected to announce layoffs Wednesday.
Source: Sherwood News.
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America’s most popular baby names haven’t changed in 7 years
Boy parents seem to have struggled to look away from one name in particular over the last decade.
Source: Sherwood News.