Spotify announced the deal with UMG at its investor day Thursday.
Source: Sherwood News.
Category: Business
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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.
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Quantum stocks soar after Trump administration awards $2 billion in grants, in deals that include government equity stakes
The agreements, which will be funded under the 2022 Chips and Science Act, will be made in exchange for the government taking an unspecified minority stake in each quantum companies.
Source: Sherwood News.