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.
Category: Business
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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.
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In Elon Musk’s mind, Tesla and SpaceX have already merged. Why not make it official?
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.
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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.