Meta’s net ad revenues are expected to reach $243.46 billion in 2026, surpassing Google’s projected $239.54 billion, according to eMarketer.
Source: Sherwood News.
Category: Business
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What does delicious Asian food seasoning have to do with a potential bottleneck for AI chips?
Japanese food flavoring company Ajinomoto, which commercialized MSG, also makes a key component in AI chips. It’s having trouble scaling to meet demand.
Source: Sherwood News.
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Intel is having its best year since 1987
And it’s been the best 12 months for the stock since 1987.
Source: Sherwood News.
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Report: Microsoft looks to remake Copilot in the image of OpenClaw
Microsoft is feeling the pressure to revamp its Copilot AI as it feels the heat from Anthropic, OpenAI, and OpenClaw.
Source: Sherwood News.
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Neoclouds surge as Anthropic’s deals mean the scramble for compute is on
Anthropic is producing AI tools and capabilities that people love, but people are less than enamored about its access to compute.
Source: Sherwood News.
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What to watch as the biggest US banks report earnings
Private credit exposure will be in focus, but banks haven’t been trading in lockstep with BDCs.
Source: Sherwood News.
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Americans aren’t drinking as much Mexican beer — that’s not been good for Constellation
The nation’s largest beer importer by sales just saw a 10-year growth streak come to an abrupt end.
Source: Sherwood News.
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Rory McIlroy just secured a second consecutive Masters title — and the biggest prize pot to date
Winning a sixth major title in the year of a record purse, McIlroy is now the Masters’ highest-earning golfer.
Source: Sherwood News.
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Unloved software stocks have their day in the sun
Software’s trading like nobody owns it and investors have decided to maybe not short it so much.
Source: Sherwood News.
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Goldman analysts are watching these non-software growth stocks
It’s been rough for a growth stocks., especially software. Here’s a Goldman screen of fast-growers outside that particular AI-threatened industry.
Source: Sherwood News.
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Tesla competitor Slate closes $650 million funding round and says 2026 production is “on time and on budget”
Slate CEO Peter Faricy says it has more than 160,000 reservations and is “on time and on budget” to deliver its first electric trucks to customers by the end of 2026.
Source: Sherwood News.
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What the first FSD approval in Europe means for Tesla
Elon Musk has blamed the lack of Full Self-Driving approval for struggling sales on the continent.
Source: Sherwood News.