Apple is making its most coherent push yet to turn its ecosystem into a workplace platform.
Source: Sherwood News.
Category: Business
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America is officially spending more on building data centers than offices
Data center construction spending climbed to a record $3.57 billion in December.
Source: Sherwood News.
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“Fortnite” maker Epic is laying off 1,000 employees amid engagement downturn
The move follows Epic’s decision earlier this month to increase the cost of in-game currency in “Fortnite.”
Source: Sherwood News.
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Stocks get a bump on CNN report that Iran is willing to listen to proposals to end war
Stocks got a small bump midday as investors seemed to be reading the report as a softening of Iran’s position.
Source: Sherwood News.
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Anthropic’s Claude can now control your computer through prompts from your phone
Investors think this is extremely bad news for traditional software companies.
Source: Sherwood News.
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Fundrise’s venture fund, which owns private tech giants like Anthropic and SpaceX, surges as retail investors pile in
The fund’s blockbuster public debut underscores how hungry retail investors are to get a piece of private companies.
Source: Sherwood News.
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NYSE teams up with Securitize to create 24/7 tokenized securities market
The platform aims to enable around the clock trading of digital tokens that represent securities.
Source: Sherwood News.
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Analyst: Traders are itching for a reason to start buying bitcoin again
Investors are clinging to any bit of good news amid the conflict in the Middle East.
Source: Sherwood News.
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How much does oil matter for inflation anyway?
Energy is only about 6% of the Consumer Price Index, but that’s not the full picture.
Source: Sherwood News.
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Amazon’s Zoox to increase San Francisco and Las Vegas footprint and expand service to Austin and Miami this year
The service is open widely to the public in Las Vegas and to limited public users in San Francisco.
Source: Sherwood News.
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Nintendo is reportedly cutting back Switch 2 production by 33% as US sales underperform
Bloomberg’s sources don’t think Nintendo’s target of 20 million Switch 2 sales this fiscal year will be impacted, but investors aren’t holding back from dumping the stock.
Source: Sherwood News.
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Tesla’s European sales rise for the first time in more than a year but still lag BYD
Tesla and BYD each represented 1.8% of all car registrations across Europe in February.
Source: Sherwood News.