Amazon is seeking to break through data center construction bottlenecks to meet searing demand for its cloud services. The new modular system would slash labor costs and construction time, according to…
Source: Sherwood News.
Category: Business
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YouTube reminds everyone it’s a streamer, raises Premium subscription prices
The cost of an individual YouTube Premium plan is going up $2 a month.
Source: Sherwood News.
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Palantir’s slide continues, but President Trump tries to help
Formerly viewed as a winner of the AI revolution, Palantir has started to slide alonside other software shares.
Source: Sherwood News.
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Creator of popular, mysterious “HappyHorse” text-to-video model is Alibaba
Alibaba confirmed it was behind the new text-to-video model that has shot to the top of leaderboards.
Source: Sherwood News.
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China’s first-quarter EV exports surged 124% from last year
ADRs for BYD and Nio climbed in early Friday trading.
Source: Sherwood News.
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Tech dramas, rather than the Iran war, will be the earnings season focus
Energy earnings will offset slowdowns elsewhere. But it’s still all about Big Tech.
Source: Sherwood News.
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CoreWeave strikes deal with Anthropic to rent data center capacity to power Claude
The stock, which has swelled more than 20% in the past month through yesterday’s close amid a string of positive news, is up another 4.5% in premarket trading as of 8:45 a.m. ET.
Source: Sherwood News.
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Q1 earnings season is déjà vu all over again for a market that has swapped tariffs for war
Glass half full: stock prices catch up to earnings estimates as geopolitical risk fades. Glass half empty: geopolitical and recession risks rise from here, or investors keep shrugging off better-than-expected…
Source: Sherwood News.
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Optics stocks rise after Lumentum CEO says demand is strong with “no end in sight”
These companies offers solutions that use light rather than electricity to move information around in data center environments.
Source: Sherwood News.
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TSMC rises on 35% sales jump in Q1 as AI demand holds strong
The chipmaker’s quarterly revenue beat Wall Street estimates despite rising geopolitical concerns.
Source: Sherwood News.
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Wall Street CEOs reportedly “summoned” to DC by Scott Bessent and Jay Powell to discuss AI cyber risks after Anthropic’s warning
Top officials are worried about left-tail cybersecurity risks from new AI tools, and making sure the most important American bankers are taking the threat seriously.
Source: Sherwood News.
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Stocks continue winning streak on ceasefire optimism
Reports of an agreement between Israel and Lebanon to begin negotiations raised optimism for a sustained ceasefire.
Source: Sherwood News.