Berkshire is a rare breed in today’s market: a megacap US stock that doesn’t really have a big footprint in AI.
Source: Sherwood News.
Category: Business
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Bitcoin briefly reclaims key $80,000 level
A late Friday compromise on the CLARITY Act is boosting optimism for bitcoin in the longer term as well as shares of Circle and Coinbase today.
Source: Sherwood News.
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BlackBerry surges as software reinvention spurs retail attention
The move follows renewed attention to its QNX software business after a Wall Street Journal report highlighted the unit’s growth, particularly in the automotive industry.
Source: Sherwood News.
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Ford’s April EV sales climb from March but make up less than 2% of its total sales this year
Ford released its April sales numbers on Monday morning.
Source: Sherwood News.
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Norwegian Cruise Line sinks after outlook cut tied to higher fuel costs, weaker demand
Norwegian said it entered 2026 “behind its targeted booking curve,” with geopolitical disruptions further slowing its ability to close that gap.
Source: Sherwood News.
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Amazon opens up its supply chain to everyone
Amazon is trying to do for supply chains what it did with AWS: turn internal infrastructure into a service it can sell to other businesses.
Source: Sherwood News.
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GameStop submits offer to buy the much larger eBay for $55.5 billion
The OG online auction platform gets a big bidder.
Source: Sherwood News.
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WSJ reports GameStop is preparing an offer for eBay and has quietly been building a stake in the company
GameStop is reportedly eyeing a major acquisition.
Source: Sherwood News.
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Stocks set second-consecutive closing highs
The S&P 500 posted its fifth weekly gain, its longest weekly winning streak since 2024.
Source: Sherwood News.
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Meta pushes deeper into AI robots with acquisition
Meta, like Tesla and Amazon, wants to be a robotics company, too.
Source: Sherwood News.
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DeFi logged the most monthly exploits ever in April
The decentralized finance ecosystem saw 28 exploits last month, the highest number since its inception.
Source: Sherwood News.
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Apple’s capital spending is heading the opposite direction of Big Tech
Apple is taking a different tack than Alphabet, Amazon, Meta, and Microsoft.
Source: Sherwood News.