“We’re not ready to announce anything today,” Constellation’s CEO said.
Source: Sherwood News.
Category: Business
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CoreWeave jumps after closing unique financing deal to borrow $8.5 billion backed by its chips and Meta’s AI compute purchases
It’s good to get some positive AI-related credit news.
Source: Sherwood News.
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Traders pay a premium for defense ETF that US Secretary of War Pete Hegseth’s broker reportedly attempted to buy before the war
The FT reported that Pete Hegseth’s broker attempted a multimillion-dollar purchase of IDEF before the US attacks on Iran.
Source: Sherwood News.
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Trump reportedly willing to end Iran war without reopening the Strait of Hormuz
Analysts at Signum Global told clients in a note that they find it “extremely unlikely” that Trump would end the war without at least trying to reopen the strait.
Source: Sherwood News.
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Marvell spikes after Nvidia invests $2 billion in the custom chip maker
And YOU get $2 billion and YOU get $2 billion.
Source: Sherwood News.
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Virgin Galactic soars after boosting space tourism ticket prices to $750,000
Virgin had paused its space tourism program after a June 2024 flight in order to focus on building a better spacecraft.
Source: Sherwood News.
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Vertiv falls after Jefferies downgrade, company announces $50 million to expand Ohio manufacturing capacity
Vertiv Holdings (VRT) is sliding 2% in premarket trading on Tuesday after the data center digital infrastructure provider was downgraded to “Hold” from “Buy” by analysts at Jefferies. Citing risks in slowing…
Source: Sherwood News.
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US gas prices top $4 a gallon for the first time since 2022
With oil prices spiking, prices at the pump are rising.
Source: Sherwood News.
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Stocks continue slide as US oil settles above $100
Stocks fell, weighed down by tech, as the US-Iran war enters its fifth week.
Source: Sherwood News.
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JetBlue is raising its bag fees as fuel costs squeeze airlines
Earlier this month, JetBlue said strong demand has “partially offset additional expenses” from rising fuel costs.
Source: Sherwood News.
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Memory, optical, and AI-construction stocks dive as embattled SaaS stocks rebound
Memory stocks sank on Monday amid a tumble in data center stocks.
Source: Sherwood News.
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Ethereum looks likely to register first monthly green candle since August
“Crypto is demonstrating itself to be a good ‘war time’ store of value,” BitMine Chairman Tom Lee said.
Source: Sherwood News.