Traders continue to “sell software now, ask questions later.”
Source: Sherwood News.
Category: Business
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Akamai Technologies jumps on $1.8 billion cloud infrastructure deal
The AI-linked deal helped investors look past Akamai’s softer-than-expected Q2 outlook.
Source: Sherwood News.
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Nvidia to invest up to $2.1 billion in IREN in partnership that deploys as much as 5 gigawatts of its AI infrastructure
The pact would see up to 5 gigawatts of Nvidia’s AI offerings deployed across IREN’s data centers.
Source: Sherwood News.
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Coinbase sinks after missing on Q1 earnings, revenue
The crypto exchange reported its first-quarter earnings after the bell on Thursday.
Source: Sherwood News.
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Iran discussing US proposal to reopen Strait of Hormuz, cease hostilities for 30 days: NYT
Iranian officials told The New York Times Thursday that they are discussing a one-page proposal with the United States to temporarily reopen the Strait of Hormuz for 30 days and cease hostilities for the…
Source: Sherwood News.
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Applied Optoelectronics sinks after Q1 sales miss, underwhelming Q2 revenue guidance
The gloomy first-quarter earnings report Thursday showed that the optics and networking company failed to beat analyst estimates.
Source: Sherwood News.
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Airbnb beats on Q1 revenue, increases guidance for current quarter
The company reported mixed results after the bell on Thursday.
Source: Sherwood News.
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DraftKings rises after reporting better-than-expected Q1 numbers
The sports betting company reported its first-quarter earnings on Thursday.
Source: Sherwood News.
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CoreWeave reports modestly better than expected Q1 results, revenue backlog nearing $100 billion
The neocloud just released Q1 results.
Source: Sherwood News.
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Rocket Lab reports better-than-expected Q1 sales, stock rises
Here’s what the retail favorite reported after the close.
Source: Sherwood News.
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Opendoor Technologies reports better-than-expected Q1 results and touts key profitability milestone
The online real estate company just released Q1 results.
Source: Sherwood News.
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Stocks retreat from records as investors await details about US-Iran peace deal
Stocks fell and oil prices ticked up as the US awaited Iran’s response to its peace proposal.
Source: Sherwood News.