This is not the first time Avis’ performance has squeezed the shorts.
Category: Business
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Alibaba launches new data center powered by 10,000 of its custom chips
Alibaba is partnering with China Telecom in a major flex for China’s AI sovereignty.
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Crypto industry lifts on news of Iran ceasefire
Altcoins have jumped in the last 24 hours, while crypto-adjacent equities are also trading higher in the day.
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Bitcoin jumps to 3-week high on Iran ceasefire announcement
Whether the rally is sustainable remains to be seen, but at the $71,000 level, bitcoin is back at the critical resistance level it’s been attempting to break for the past few months.
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Even with a fragile ceasefire in place, the energy crisis is far from over. Here’s what to watch for.
In a Q&A with Sherwood, commodities analyst Rory Johnston lays out how to better understand the oil market’s situation.
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Has the identity of bitcoin’s mystery creator been unchained?
An investigation from The New York Times puts forward its case to solve the crypto world’s biggest puzzle.
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Everything has a reason to go up now that oil’s down*
*Exceptions include energy and chemicals stocks.
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Data center trade revived on Iran war ceasefire
We’re so back.
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Airlines and cruise stocks spike after oil plunges on two-week ceasefire with Iran
Shares of major airlines and cruise lines were up more than 9% in premarket trading on Wednesday.
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Delta reports better than expected Q1 earnings, surges as oil plummets
Delta reported its first-quarter results before markets opened Wednesday.
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Delta reports better than expected Q1 earnings, surges as oil plummets
Delta reported its first-quarter results before markets opened Wednesday.
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Anthropic’s revenue run rate just topped $30 billion — that’s ahead of OpenAI, depending on how you count
The Claude maker’s revenue run rate has tripled in three months, as Dario Amodei’s firm takes the software world by storm.