S&P 500 futures rose 2%, WTI futures tumbled double digits.
Source: Sherwood News.
Category: Business
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Anthropic: Our new “Mythos” model is so powerful we can’t release it
The unusual announcement of the model highlights its alarming new cybersecurity capabilities.
Source: Sherwood News.
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Three US airlines have already hiked baggage fees. More are likely on the way.
With jet fuel prices surging, carriers are trying to bolster protect their profits, and that may not stop at bag fees. One analyst told us: “There’s nothing that they haven’t thought about monetizing.”
Source: Sherwood News.
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Stocks eke out gain ahead of tonight’s deadline for Iran to reopen the Strait of Hormuz
Traders were jittery ahead of the looming deadline, while President Trump posted on Truth Social that “a whole civilization will die tonight” if an agreement is not reached.
Source: Sherwood News.
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Anthropic is releasing its new model to select companies to get a head start on cyber defense
Fortune reported that the Claude developer would be doing this in late March.
Source: Sherwood News.
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FBI says Americans suffered from $11.4 billion in crypto-related cybercrimes
Elderly people older than 60 years old submitted the most complaints involving cryptocurrency.
Source: Sherwood News.
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Bloomberg: Apple’s foldable iPhone is on track for September after all
Bloomberg’s report came hours after Nikkei Asia reported engineering delays, sending Apple shares down sharply.
Source: Sherwood News.
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Aave sinks as another service provider leaves
Chaos Labs has stepped down from its role as a risk manager for the Aave DAO.
Source: Sherwood News.
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Bezos poaches xAI cofounder from OpenAI for his Project Prometheus startup
Bezos’ secretive AI-powered industrial manufacturing startup has been hiring hundreds of staff around the world.
Source: Sherwood News.
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Stocks sink and oil spikes as traders price in enduring, worsening Mideast war
Stocks and oil are building in more risk premium to deal with the perceived increased probability of a more drawn-out disruption to global energy supplies and shipments.
Source: Sherwood News.
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Samsung’s massive Q1 fails to lift Sandisk, other data center plays
Most memory stocks were down Tuesday, as the surge in oil prices and ongoing war with Iran muted much of the AI data center trade excitement.
Source: Sherwood News.
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Report: Apple’s foldable iPhone may be delayed by engineering troubles
The premium foldable iPhone was one of Apple’s big product launches planned for this year.
Source: Sherwood News.