This marks the second week in a row gas prices have risen this much.
Source: Sherwood News.
Category: Business
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OpenAI’s massive custom chip deal with Broadcom is reportedly facing financing difficulties
The chip designer may end up footing the bill for the first phase of production, per The Information.
Source: Sherwood News.
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Tesla’s Model Y just cleared a new federal safety bar
NHTSA announced that Tesla Model Y is first to pass new Advance Driver Assistance System tests.
Source: Sherwood News.
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Anthropic’s Amodei: We could grow 80x this year
Amodei said Anthropic could grow as much as 80x this year.
Source: Sherwood News.
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Strategy’s STRC “at the center” of one of the “biggest bitcoin buying” months
STRC broke ATM records and saw record daily, weekly, and monthly trading volumes in the billions of dollars.
Source: Sherwood News.
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Used car prices dip in April but remain at 2023 levels as gas prices surge
Cox Automotive’s used vehicle index dropped 1.6% in April from March.
Source: Sherwood News.
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Whirlpool tumbles on Q1 earnings, says war is causing “recession-level” decline in US appliance demand
Whirlpool shares opened down more than 15% on Thursday.
Source: Sherwood News.
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Krispy Kreme jumps on narrower Q1 loss and “significant progress on turnaround”
The donut co. reported earnings before the bell.
Source: Sherwood News.
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Datadog surges after Q1 revenue beat and FedRAMP certification announcement
“This milestone reinforces Datadog’s leadership in cloud security and compliance, and sets a new standard for observability platforms in regulated sectors,” said CISO Emilio Escobar.
Source: Sherwood News.
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Vistra rises after reporting better-than-expected Q1 numbers
Here’s what the AI energy play reported.
Source: Sherwood News.
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Peloton jumps on surprisingly strong Q3 cash flow generation, boost to outlook
For full year 2026, Peloton raised its revenue guidance to a range of $2.42 billion to $2.44 billion, and also boosted its adjusted EBITDA and free cash flow outlooks.
Source: Sherwood News.
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Tesla’s made-in-China vehicle sales jumped 36% in April
The numbers appear to show Tesla’s China wholesale volumes stabilizing.
Source: Sherwood News.