The asset reached $79,400 on Sunday night, its highest level since January 31, but couldn’t sustain the rally and dipped to the $77,500 level Monday morning.
Source: Sherwood News.
Category: Business
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Sabastian Sawe just broke the 2-hour marathon barrier in $450 Adidas “supershoes”
Another Adidas athlete also beat the 120-minute mark in London yesterday.
Source: Sherwood News.
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Microsoft loses exclusive access to OpenAI’s models and tools while ending revenue-sharing deal with ChatGPT maker
The amended agreement says revenue share payments from OpenAI to Microsoft will end in 2030, and are subject to a total cap.
Source: Sherwood News.
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In a 1,100-word statement, United CEO says merger talks with American have ended
According to Scott Kirby, American “declined to engage” with the idea and “instead responded by publicly closing the door.”
Source: Sherwood News.
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China just blew up one of Meta’s key AI bets
China has ordered Meta (META) to unwind its $2 billion acquisition of Manus, a Chinese startup (since relocated to Singapore) that makes AI agents and was central to Meta’s push to turn its massive AI investments…
Source: Sherwood News.
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Analyst reports that OpenAI is partnering with Qualcomm for custom processors for an AI smartphone chip
Another green day for Qualcomm, after being left behind for much of 2026.
Source: Sherwood News.
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Amazon-backed X-Energy continues post-IPO rally
X-Energy had a market capitalization of $11.6 billion at Friday’s close.
Source: Sherwood News.
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US stock futures erase losses on report of new Iranian proposal to reopen the Strait of Hormuz
Another potential off-ramp.
Source: Sherwood News.
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Stocks climb to new record highs on peace talk optimism and tech rally
Stocks rose on news that President Trump will send Jared Kushner and Steve Witkoff to Pakistan to negotiate peace talks with Iran. Additionally, Intel’s Q1 earnings crush lifted semiconductor stocks.
Source: Sherwood News.
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DeFi players scramble to plug bad debt from KelpDAO exploit
Industry heavyweights such as Lido, EtherFi, and Mantle have proposed substantial amounts of ethereum to backstop Aave, the largest lending protocol.
Source: Sherwood News.
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Spectrum-owner Charter Communications is on pace for its worst day ever as broadband numbers and Q1 results disappoint
Charter shares were down 24% in Friday afternoon trading.
Source: Sherwood News.
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Google to reportedly invest up to $40 billion in Anthropic
Amazon announced plans to deepen its investment in the Claude developer earlier this week.
Source: Sherwood News.