This bureaucratic designation signals a long-term budgetary commitment to the technology.
Source: Sherwood News.
Category: Business
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US airlines are still doubling down on premium seats, as the K-shaped economy takes off
There’s really not much room in economy these days.
Source: Sherwood News.
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Bitcoin jumps following Trump saying he will postpone strikes on Iran
After dipping to a two-week low, bitcoin rallied to break $71,000 Monday as traders turned optimistic over the conflict in the Middle East.
Source: Sherwood News.
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What we know about Tesla’s Terafab, the “most epic chip-building exercise in history by far”
The SpaceX and Tesla collab would be “bigger than everything else combined” in Giga Texas.
Source: Sherwood News.
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Lawmakers to introduce bill banning sports contracts on prediction markets: WSJ
Sports-related contracts have come to take a good chunk of prediction market volumes.
Source: Sherwood News.
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Stocks jolt higher after Trump says US will postpone Iran energy strikes for a “five day period”
Global equity markets were sharply in the red once again until President Trump posted on Truth Social, detailing a five-day break from strikes on Iranian energy infrastructure after “productive” talks.
Source: Sherwood News.
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Synopsys rises on WSJ report of Elliott’s new multibillion-dollar stake
Activist hedge fund Elliott reportedly has a new target: software giant Synopsys.
Source: Sherwood News.
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Tesla and SpaceX to jointly run “most epic chip-building exercise in history by far”
The endeavor is the latest collaboration between Musk’s biggest companies.
Source: Sherwood News.
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Stocks sink as the war escalates; Russell 2000 enters correction territory
The S&P 500 closed lower for the fourth consecutive week as the US deployed more troops and warships to the Middle East.
Source: Sherwood News.
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Exxon and Chevron surge as oil rises; gold keeps getting clobbered
Energy is the sole bright spot for the S&P 500 since the start of the war.
Source: Sherwood News.
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Altcoin trading activity has lost its mojo
Spot trading volume for non-bitcoin cryptocurrencies has collapsed since October.
Source: Sherwood News.
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White House releases AI legislative framework
The Trump administration would like very little if any AI regulation, but it wants to prevent states from passing their own rules.
Source: Sherwood News.