Every sector traded higher with tech leading gains on increased optimism that tankers will be able to pass through the Strait of Hormuz.
Source: Sherwood News.
Category: Business
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Nvidia surges after Jensen Huang sees at least $1 trillion in revenues through 2027
Jensen Huang is delivering the keynote address at Nvidia’s GPU Technology Conference in San Jose.
Source: Sherwood News.
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Tesla reports 15th Robotaxi crash
Only one Robotaxi is currently driving around without a safety monitor in the front seat.
Source: Sherwood News.
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Oil’s retreat propels US stocks higher
A Pakistani-owned tanker passed through the Strait of Hormuz this weekend.
Source: Sherwood News.
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Sandisk and memory stocks rip ahead of Nvidia CEO’s speech
When Jensen Huang has talked in the past, some good things have happened.
Source: Sherwood News.
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Ethereum extends rally as BitMine continues buying spree
The largest ethereum treasury firm, BitMine Immersion Technologies, added $139.7 million worth of tokens to its stockpile.
Source: Sherwood News.
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Tariffs have cost automakers $34.5 billion since last year, per report
Detroit’s three big automakers faced a combined $6.5 billion tariff bill in 2025.
Source: Sherwood News.
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Prediction markets show a tight (and tightening) Illinois Democratic Senate primary
The race for the rare seat in the Illinois Democratic Senate primary election remains a close one ahead of general polls opening.
Source: Sherwood News.
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Universal Studios is giving theaters a longer minimum exclusive run
Universal will now guarantee a minimum of five weekends before a movie hits home screens — which might help theater companies like AMC finally get back to profitability.
Source: Sherwood News.
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What Wall Street’s looking for from Jensen Huang’s keynote GTC address
GTC may stand for GPU Technology Conference, but investors are looking for Nvidia to go beyond GPUs.
Source: Sherwood News.
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Trump urges allies to help reopen Strait of Hormuz as tanker traffic nearly vanishes
Daily ship crossings through the strait have fallen ~99% as the Iran war escalates.
Source: Sherwood News.
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Meta’s reported 20% layoff could bring headcount to its lowest level since 2021
Meta’s headcount has been on the rise, currently at 78,865.
Source: Sherwood News.