A small bet on Jibbitz 20 years ago has turned into a big win, especially for its margins.
Source: Sherwood News.
Category: Business
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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.
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The US leads the world in robotaxi deployments
New Bank of America data shows that 40% of the 171 active robotaxi deployments globally are in the US.
Source: Sherwood News.
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Wait, just how addicted to Facebook and YouTube are Americans today?
While a jury found both Meta and Alphabet have designed addictive apps, usage among US adults has dropped off.
Source: Sherwood News.
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Hertz and Avis Budget appear to be benefiting as travelers balk at airport wait times
Shares of both rental car companies have risen significantly this week.
Source: Sherwood News.
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How record wait times at US airports are sending one app soaring
Demand for Clear Secure services are surging as travelers look to bypass TSA lines.
Source: Sherwood News.
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US gas prices increase $1 in 1 month as markets expect $4 per gallon in coming days
AAA also reports that the national average price for a gallon of regular gas was up $0.10 from the previous week.
Source: Sherwood News.