Tesla reported earnings after the bell Wednesday.
Source: Sherwood News.
Category: Business
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Stocks close at new record high as US extends ceasefire with Iran
The mood was risk-on as traders bought Big Tech, AI names, and speculative stocks.
Source: Sherwood News.
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ASML drops after TSMC delays adoption of its newest chip-making machines until 2029
ASML’s new cutting edge tech is “very, very expensive.”
Source: Sherwood News.
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Google: 75% of our new code is written by AI
Google CEO Sundar Pichai said all AI-generated code is “approved by engineers.”
Source: Sherwood News.
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Poet Technologies surges as CFO confirms purchase order from Marvell, calls short sellers “maggots”
You may have known this already, since December, but hey.
Source: Sherwood News.
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Tesla just opened the door to 50,000 government buyers
Access doesn’t guarantee orders, but it’s a step in the right direction.
Source: Sherwood News.
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Justin Sun sues Trump-backed World Liberty over frozen tokens
Sun invested $45 million into the crypto project last year, but has now filed a lawsuit in a California federal court against World Liberty Financial.
Source: Sherwood News.
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4 charts that show the speculative boom is back on
We’re so back.
Source: Sherwood News.
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GE Vernova and Vertiv are giving us a glimpse into the future of the AI boom
GEV’s backlogs are bursting at the seams. One analyst told us he thinks that by the end of this year, GEV could be completely sold out of production capacity for heavy-duty turbines until 2029 or 2030.
Source: Sherwood News.
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Low-cost airlines plunge on report Trump administration is close to $500 million rescue deal for Spirit
Shares of Frontier, Allegiant, JetBlue, and Southwest fell on the news.
Source: Sherwood News.
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Google shares jump on new TPU 8 chips, enterprise agent platform, and partnership with Nvidia
The raft of announcements from Google’s Cloud Next ’26 event sent shares up in early trading.
Source: Sherwood News.
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America’s largest home TV shopping group, QVC, has filed for bankruptcy
The business lost its edge as linear TV faded into the background, before TikTok Shop closed the curtain… almost.
Source: Sherwood News.