Following local communities and state actions, the bill proposes a ban on new data center construction until AI regulation is enacted.
Source: Sherwood News.
Category: Business
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RIP ChatGPT-XXX
The planned ChatGPT “adult mode” is the latest side quest to be scrapped as OpenAI tries to focus on enterprise features.
Source: Sherwood News.
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The peptide gold rush: How impending deregulation could supercharge a shadow industry
Peptides, the gray-market supplements that have flooded Silicon Valley, may soon make their way into the mainstream. Who stands to benefit?
Source: Sherwood News.
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Ethanol players climb following the Trump administration’s move to waive summer gas regulations
It’s the fifth straight year the US has waived summertime restrictions on E15 gasoline.
Source: Sherwood News.
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For the first time, Fannie Mae will allow mortgages to be backed by crypto
Potential homebuyers can pledge their cryptocurrencies as down payment collateral when getting a mortgage backed by Fannie Mae.
Source: Sherwood News.
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Stocks fall as oil prices rise
Sometimes there’s only one story in the markets. This is one of those times.
Source: Sherwood News.
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$14 billion of bitcoin options expire tomorrow, but geopolitical tensions remain key driver of volatility
The expiries create a gravitational pull in the days leading up to them as market makers hedging their books push bitcoin’s price toward “max pain.”
Source: Sherwood News.
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SpaceX isn’t just expensive — it’s in a different orbit
At a $1.75 trillion valuation, SpaceX would be valued at roughly 100x its 2025 revenue.
Source: Sherwood News.
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Super Micro drops on shareholder lawsuit alleging securities fraud around China chip smuggling
Shareholders claim the company inflated its stock by hiding its reliance on China sales and export control risks.
Source: Sherwood News.
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Stocks rise amid optimism around US peace plan for Iran
Gains in technology supported the broader market rally.
Source: Sherwood News.
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GameStop transfers all but one bitcoin to Coinbase as collateral
The gaming and collectible retailer has pledged over 99% of its bitcoin stockpile as collateral for its covered-call strategy with Coinbase Credit.
Source: Sherwood News.
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Jury finds Meta and Google liable in social addiction case
The closely watched case tests whether tech giants can be held liable for designing addictive features.
Source: Sherwood News.