After years of trying to have the best model, Big Tech is getting serious about the business side of AI.
Source: Sherwood News.
Category: Business
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Optics stocks rise as executives signal more AI-related demand
Optics companies have rallied this year on expectations of higher demand for the components they make.
Source: Sherwood News.
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US vinyl sales topped $1 billion last year for the first time since 1983
With fandoms and audiophiles alike now wanting their music in a physical format, the analog economy is thriving.
Source: Sherwood News.
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The Iran war is producing the sharpest spike in US gas prices since Hurricane Katrina
US national gas prices are up nearly 29% over the past 20 days, per AAA.
Source: Sherwood News.
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Oklo up as analysts spotlight “permits progress”
But the revenue-free company plans to spend more on capex in the coming year.
Source: Sherwood News.
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Rocket Lab drops after announcing at-the-market offering to sell up to $1 billion of equity
The launch company was up more than 10% at yesterday’s close.
Source: Sherwood News.
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AI drone company Swarmer soars on IPO debut
Its technology has been used on the battlefield in Ukraine, and the company’s IPO comes amid the ongoing conflict in Iran.
Source: Sherwood News.
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Oklo reports larger-than-expected full-year loss per share
Nope, no sign of revenues.
Source: Sherwood News.
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Stocks edge higher as investors shrug off an uptick in oil prices
Stocks built on yesterday’s gains in spite of the ongoing conflict in Iran. A rise in oil propelled energy stocks higher.
Source: Sherwood News.
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Nvidia’s Jensen Huang says the chip designer is getting closer to selling AI chips to China
The H200 saga’s runtime has long passed The Lord of the Rings Director’s Cut edition.
Source: Sherwood News.
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Amazon CEO sees AWS sales doubling from prior estimate to $600 billion in 2036
His prior estimate was $300 billion.
Source: Sherwood News.
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Corporate America won’t shut up about agentic AI, or AI in general
In fact, executives are saying the word “AI” more than they’re saying “earnings” on earnings calls.
Source: Sherwood News.