With the Middle East aflame, the boring world of corporate software — and its massive cash flows — suddenly looks good to investors.
Source: Sherwood News.
Category: Business
-
Intuit, Workday jump amid Iran war fueling flight-to-software trade
With the Middle East aflame, the boring world of corporate software — and its massive cash flows — suddenly looks good to investors.
Source: Sherwood News.
-
Bitcoin tumbles as oil and gas prices spike and the market’s mood turns risk-off
Bitcoin ETFs reverted to outflows and bitcoin suffered $192 million in liquidations in the past 24 hours.
Source: Sherwood News.
-
Rocket Lab slips with other momentum stocks despite DOD hypersonic test deal, new analyst “buy” call
The stock is flat, with the market looking at an ugly open related to the war.
Source: Sherwood News.
-
CarMax says EV and hybrid searches are up 9.3% this month as gas prices surge
Car shoppers are increasingly looking toward more fuel-efficient options as the war in Iran continues to spike gas prices.
Source: Sherwood News.
-
NHTSA expands Tesla FSD probe, focusing on whether system can detect when cameras can’t see the road
Unlike Google’s Waymo, Teslas don’t have lidar.
Source: Sherwood News.
-
Uber will invest $1.25 billion in Rivian in a new robotaxi deal
The ride-hailing company has more than 20 autonomous vehicle partnerships.
Source: Sherwood News.
-
Oil and gas prices jump after Middle East strikes hit key energy infrastructure
Attacks on Iranian and Qatari energy facilities pushed Brent crude to $118, widening the gap to WTI.
Source: Sherwood News.
-
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.
-
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.
-
Gold and silver dip amid inflation concerns and ongoing Iran war
Spot prices across both precious metals have dropped this morning.
Source: Sherwood News.
-
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.