Paramount shares climbed more than 9% shortly after markets opened on Tuesday.
Source: Sherwood News.
Category: Business
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Bloomberg analyst outlines all the reasons he’s sticking with his call that bitcoin will crater to $10,000
His one caveat: if it can hold the $75,000 level, bitcoin bulls may “prove him wrong.” Other experts called his prediction an “attention-grabbing extreme” and “almost unimaginable.”
Source: Sherwood News.
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Intel rises on news it will join Elon Musk’s Terafab project
Could this be the long-sought solution for the company’s floundering foundry division?
Source: Sherwood News.
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Delta to increase bag fees by $10 on domestic flights this week, following JetBlue and United, as jet fuel surges
When one major airline makes a change to its fees, others tend to follow.
Source: Sherwood News.
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US stock futures slump, oil jumps after Iranian media reports explosions on Kharg Island
Trump’s most recent deadline for escalating attacks on Iran if the Strait of Hormuz is not reopened is 8 p.m. ET on Tuesday.
Source: Sherwood News.
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Universal Music jumps on Pershing Square’s $64 billion merger proposal
Universal Music Group (UNVGY) ADRs rose 11% in premarket trading on Tuesday after Bill Ackman’s Pershing Square Capital offered a deal to combine the world’s largest music company with Pershing Square…
Source: Sherwood News.
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Broadcom jumps after locking down Google as a customer for future generations of TPUs
Based on the rave reviews for Gemini 3, why wouldn’t you stick with what’s working?
Source: Sherwood News.
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Anthropic boasts revenue run rate of $30 billion as the Claude developer expands its partnership with Google and Broadcom
Anthropic’s revenue run rate is higher than the trailing 12-month revenues of all but 129 S&P 500 companies.
Source: Sherwood News.
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Health insurers surge after Medicare agrees to pay 2.48% more in 2027, a bigger than expected boost
A rare win for the health insurance lobby
Source: Sherwood News.
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Stocks maintain gains after whipsawing as traders digest war updates
Stocks rose for the fourth-consecutive session as traders vacillated between hopes for a ceasefire and fears of an escalation.
Source: Sherwood News.
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Report: Some of Meta’s new AI models will eventually be open source
Meta is racing to catch up to competitors after spending hundreds of millions assembling an all-star team of AI researchers. The new models will be the first since Meta hired Scale.AI’s Alexandr Wang.
Source: Sherwood News.
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Netflix launches gaming app for children 8 and under
Netflix is refocusing its gaming efforts away from indies and toward family-friendly titles.
Source: Sherwood News.