If you pay close attention to what the Tesla and SpaceX CEO says, he’s increasingly describing his companies in the same way. Could they actually become the same company?
Source: Sherwood News.
Category: Business
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Investors have been drawn to software stocks since the Iran war started — Figma has been an exception
The company’s stock has been sharply underperforming wider software indexes — and a major release from Google this week, in which it unveiled a new “vibe design” tool, has only hurt further.
Source: Sherwood News.
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China’s EV startup trio have all become profitable
XPeng and Nio each posted their first-ever quarterly profit in Q4.
Source: Sherwood News.
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Chip-smuggling charges against Super Micro cofounder boost rival server maker Dell
Other AI “system makers” are getting a lift from Super Micro’s legal snarl.
Source: Sherwood News.
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“Triple witching” day may put further pressure on bitcoin’s price
This is not “a favorable environment for risk assets.”
Source: Sherwood News.
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WSJ: OpenAI rolling everything into one desktop “superapp”
The startup is reportedly merging ChatGPT, Codex, and the Atlas browser into one app to rule them all, as it seeks to focus on productivity tasks, eliminating “side quests.”
Source: Sherwood News.
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The Labubu movie is just the latest toy story hitting the big screen
After smash-hit Barbie, Lego, and Transformers movies, Pop Mart’s viral dolls will now get the Hollywood treatment.
Source: Sherwood News.
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What we know about Tesla’s Semi truck as production nears
Musk says “high-volume production” will start this year. Wall Street thinks that’s more like 5,000 to 15,000 trucks.
Source: Sherwood News.
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The metaverse’s slow, drawn-out demise is getting painful
Maybe Meta execs are just picking out a nice $80 billion plot in the Big Tech graveyard.
Source: Sherwood News.
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Planet Lab soars after earnings beat and positive analyst commentary
Analysts offered mostly glowing reviews of the company’s Q4 report, as the stock soared.
Source: Sherwood News.
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Super Micro dives after co-founder charged with allegedly smuggling AI chips to China
Liaw and two others are accused of diverting billions of dollars’ worth of servers to China.
Source: Sherwood News.
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Amazon is making a new smartphone more than a decade after its Fire Phone flop
Everyone needs a personal AI device.
Source: Sherwood News.