Elon Musk has blamed the lack of Full Self-Driving approval for struggling sales on the continent.
Source: Sherwood News.
Category: Business
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Roblox announces age-based accounts for young users as child safety lawsuits pile up
The accounts are designed for children and teens, and will roll out in June, according to Roblox.
Source: Sherwood News.
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Brent crude surges past $100 again and stocks tick lower after Trump orders Hormuz blockade
Crude prices jumped roughly 8% on Hormuz blockade fears, lifting energy stocks while dragging airlines lower.
Source: Sherwood News.
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Sandisk to join the Nasdaq 100 index
The company is up 1,834% since August as soaring chip prices turned the long-forgotten company into one of the the hottest AI trades.
Source: Sherwood News.
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Stocks dip ahead of tomorrow’s scheduled talks between the US and Iran
While the S&P 500 fell on the day, the benchmark index posted a winning week amid ceasefire optimism.
Source: Sherwood News.
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Amid engagement downturn, Epic Games reportedly planning first game with Disney for November launch
Late last month, Epic Games announced it would lay off 1,000 employees.
Source: Sherwood News.
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Report: SpaceX posted $18.5 billion in revenue and a $5 billion loss last year
Ahead of SpaceX’s eagerly anticipated blockbuster IPO, The Information reports new details of the company’s finances after acquiring xAI in February.
Source: Sherwood News.
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Will investing in kids games finally make Netflix Games “the Netflix of games”?
Netflix is launching a game for preschoolers, its latest foray into stuff-you-play instead of stuff-you-watch.
Source: Sherwood News.
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Intel shares are officially a thing
The stock is at its highest level in almost five years.
Source: Sherwood News.
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Trump-backed World Liberty says “we are nowhere near liquidation” as token slips to all-time low
The team borrowed stablecoins by leveraging $5 billion worth of WLFI as collateral, igniting skepticism among those in crypto whether World Liberty would repay its debt.
Source: Sherwood News.
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Anthropic’s making AI boom again — and picking the winners
More compute = more revenues, and going custom has its own particular consequences for different AI stocks.
Source: Sherwood News.
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TD Cowen initiates coverage of flailing Nakamoto with “buy” rating while cutting Strategy’s price target
Nakamoto has failed to rise above $1 a share since it received a delisting warning notice from Nasdaq in December.
Source: Sherwood News.