Attacks on Iranian and Qatari energy facilities pushed Brent crude to $118, widening the gap to WTI.
Source: Sherwood News.
Category: Business
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Apple to bring in $1 billion in AI revenue — without big AI spending
Apple is behind on developing its own AI, but it’s making plenty of money from the AI boom.
Source: Sherwood News.
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Lilly reports encouraging trial results for its next-gen GLP-1 shot
Patients taking the highest dose of retatrutide lost 16.8% of their body weight after 40 weeks, more than its current bestseller, tirzepatide.
Source: Sherwood News.
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Gold and silver dip amid inflation concerns and ongoing Iran war
Spot prices across both precious metals have dropped this morning.
Source: Sherwood News.
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Micron blew the lights out on earnings, so why is the stock dropping?
After a relentless rise into the print, a stunning beat — 21% on revenue and 36% on adjusted EPS — wasn’t quite enough to keep the momentum going.
Source: Sherwood News.
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Micron reports another stellar quarter and blowout guidance
The memory chip specialist did it again.
Source: Sherwood News.
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Micron reports another stellar quarter and blowout guidance
The memory chip specialist did it again.
Source: Sherwood News.
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Stocks sink as inflation fears rise
Stocks sank after a hotter-than-expected producer price index reading as well as a higher inflation forecast from the Fed amid rising energy prices.
Source: Sherwood News.
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Stocks sink as inflation fears rise
Stocks sank after a hotter-than-expected producer price index reading as well as a higher inflation forecast from the Fed amid rising energy prices.
Source: Sherwood News.
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OpenAI is shipping everything. Anthropic is perfecting one thing.
The two AI titans are in a race to grow revenues, but they have very different strategies for releasing products. And one approach appears to be winning out.
Source: Sherwood News.
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OpenAI is shipping everything. Anthropic is perfecting one thing.
The two AI titans are in a race to grow revenues, but they have very different strategies for releasing products. And one approach appears to be winning out.
Source: Sherwood News.
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Tech giants including Microsoft and Oracle can’t get data centers built fast enough. Construction stocks are ripping on the demand.
The buy-the-AI-bottleneck trade is starting to encompass builders, whose margins are rising.
Source: Sherwood News.