Current gas prices are right around what customers were paying four years ago.
Source: Sherwood News.
Category: Business
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Spotify is on pace for its best trading day ever, after announcing upbeat revenue guidance and a new AI remix tool
Spotify announced the deal with UMG at its investor day Thursday.
Source: Sherwood News.
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What Wall Street’s saying about Nvidia’s Q1 results
A makeover beautifies the growth outlook; so does the CPU opportunity.
Source: Sherwood News.
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Alphabet’s Waymos are still getting caught in floods after recall
The company paused service in Atlanta over the issue.
Source: Sherwood News.
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Crypto exchange Blockchain.com confidentially files for IPO
On Thursday, the crypto exchange announced it submitted a draft registration statement with the US Securities and Exchange Commission.
Source: Sherwood News.
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Bitcoin flashes warning sign that “bear market remains”
“The 200-day MA has consistently acted as the boundary between relief rally territory and trend resumption.”
Source: Sherwood News.
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Report: Anthropic is in talks to use Microsoft’s custom AI chips
Microsoft has faced delays for its Maia custom AI chips, and landing Anthropic as a customer could be a huge boost for its Azure business.
Source: Sherwood News.
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Tesla says FSD is “available” in China. What does that actually mean?
We’ll let you know when someone besides Tesla — like China — confirms.
Source: Sherwood News.
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SoftBank rallies on OpenAI and SB Energy IPO plans; its Japanese-traded stock notches best day since 2000
SoftBank added $36 billion in market value as upcoming public listings for OpenAI and SB Energy validated its massive AI bets.
Source: Sherwood News.
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Maybe we should all agree to not talk about Nvidia’s stock after earnings
It’s probably making people dumber.
Source: Sherwood News.
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Nio posts better-than-expected first-quarter earnings and forecasts strong Q2 sales
The Chinese EV maker reported the results before markets opened on Thursday.
Source: Sherwood News.
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Walmart gives disappointing Q2 guidance after Q1 results hit estimates
The retailer reported earnings before the bell on Thursday.
Source: Sherwood News.