The fund’s blockbuster public debut underscores how hungry retail investors are to get a piece of private companies.
Source: Sherwood News.
Category: Business
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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.
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Estée Lauder says it is in talks to buy Puig Brands
The American beauty giant is in the midst of a turnaround plan that it says will cost up to $1.6 billion. Shares in each company went in opposite directions on the news.
Source: Sherwood News.
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Jefferies rises after report of potential takeover from Japan’s SMFG
Whilst the potential move is not imminent, SMFG has assembled a small team to act if a continued drop in Jefferies’ share price creates an opportunity, per the FT.
Source: Sherwood News.
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Jensen Huang: We have achieved AGI now… sort of
Nvidia’s CEO hedged a bit when declaring that artificial general intelligence has been achieved.
Source: Sherwood News.
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Jensen Huang: We have achieved AGI now… sort of
Nvidia’s CEO hedged a bit when declaring that artificial general intelligence has been achieved.
Source: Sherwood News.
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OpenAI woos private equity investors with 17.5% return
OpenAI promised private equity investors a guaranteed minimum return of 17.5% on their investment, according to a report from Reuters.
Source: Sherwood News.