Power plant builder Argan’s adjusted earnings per share of $3.47 crushed the consensus estimate for $1.98 in Q4.
Source: Sherwood News.
Category: Business
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Wall Street bonuses hit a new record last year, edging toward $250,000 average
The bonuses could generate an extra $199 million in New York State tax revenues.
Source: Sherwood News.
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Judge blocks Pentagon’s move to blacklist Anthropic
The ruling comes weeks after Anthropic sued 17 federal agencies earlier this month.
Source: Sherwood News.
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President Trump extends Strait of Hormuz opening deadline to April 6
Markets aren’t showing much relief on the 10-day delay news, with oil rising and stocks slipping.
Source: Sherwood News.
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Report: SpaceX’s record IPO may grant preferential access to retail investors and Tesla shareholders
The company is considering giving a third or more of its IPO shares to retail investors.
Source: Sherwood News.
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Crocs spent $10 million to buy a company that made tiny plastic charms. Now it’s pumping out $250 million in yearly revenue.
A small bet on Jibbitz 20 years ago has turned into a big win, especially for its margins.
Source: Sherwood News.
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Unity soars on strong Q1 preliminary results and news it will exit non-strategic ad business
The company’s Vector AI ad engine has been highlighted as a key driver.
Source: Sherwood News.
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Tesla released estimates for Q1 deliveries and they’re lower than analysts expected
It still represents a 9% jump from last year.
Source: Sherwood News.
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Nasdaq Composite enters correction territory, joining small-cap Russell 2000
The Nasdaq joins the Russell 2000, which slipped into a correction last week.
Source: Sherwood News.
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Markets sell off as Mideast conflict shows no sign of ending
The S&P 500, Nasdaq 100, and Russell 2000 all fell while oil rose.
Source: Sherwood News.
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Netflix is hiking its prices again
The price of the ad-supported tier is rising $1 to $9, while the standard plan is rising $2 to $20
Source: Sherwood News.
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The toughest AI benchmark just got a whole lot tougher
ARC-AGI-3 is the latest version of a clever benchmark that challenges AI models to solve mini video games with no written instructions.
Source: Sherwood News.