Airline shares reacted to Trump’s Tuesday morning comments on CNBC.
Source: Sherwood News.
Category: Business
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Lucid climbs after Uber revealed to be its second-largest shareholder following recent investment
Uber now owns more than 11.5% of Lucid, according to a new regulatory filing.
Source: Sherwood News.
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What analysts want from Apple’s new CEO
John Ternus is known for his decisiveness and he needs to make some big decisions on AI.
Source: Sherwood News.
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BYND rises on elevated volumes, has now doubled in the last 10 days after product revamps
But this ain’t October, and it certainly ain’t 2021.
Source: Sherwood News.
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UnitedHealth beats Q1 estimates, raises annual outlook
The company, which is the first of its peers to report earnings this quarter, was up more than 6% in premarket trading.
Source: Sherwood News.
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Lori Chavez-DeRemer out at Department of Labor
The labor secretary lasted in the cabinet-level position a little more than a year.
Source: Sherwood News.
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Alaska Air expects higher fuel costs to add $600 million in expenses in Q2
Alaska Air reported its first-quarter earnings after the bell Monday.
Source: Sherwood News.
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Amazon to invest up to $25 billion more in Anthropic; Claude developer to spend more than $100 billion on AWS AI technology
This is the latest edition of a frenetic dash for AI compute to power Claude, which is undergoing some problems of success.
Source: Sherwood News.
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Tim Cook to step down as Apple CEO, John Ternus to replace him
Ternus was considered the front-runner for the job. During Cook’s tenure, he oversaw Apple stock gains of 1,933%, nearly quadrupling the S&P 500.
Source: Sherwood News.
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Stocks close lower as Trump says Strait of Hormuz will remain closed until deal is signed
Oil raillied and stocks closed lower, paring steeper losses.
Source: Sherwood News.
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Report: Google DeepMind builds “strike team” to catch up to Anthropic models
The Information reports that recent advances in Anthropic’s Claude coding capabilities have spurned the creation of a team to “urgently bridge the gap” in AI agents.
Source: Sherwood News.
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The stock market makes just as much sense as it usually does right now
Does the stock market make sense right now? I don’t know. But it doesn’t not make sense.
Source: Sherwood News.