Revenues beat expectations!
Source: Sherwood News.
Category: Business
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Micron rises after closing acquisition of PSMC’s Tongluo P5 site, plans to nearly double cleanroom manufacturing space
The Tongluo site, as a whole, is expected to meaningfully support Micron’s shipments starting fiscal 2028.
Source: Sherwood News.
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Oil settles Friday at highest level since start of war
West Texas Intermediate was up 8.6% this week.Source: Sherwood News.
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Stocks post third straight week of losses as Brent crude surges above $100
Stocks wiped out early gains to close lower amid the ongoing war in Iran.Source: Sherwood News.
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Ethereum hits highest price in over a month as BlackRock joins the fray of ethereum staking ETFs
Meanwhile, the Ethereum Foundation published its mandate to protect user self-sovereignty, the “ultimate reason” for the network’s existence.Source: Sherwood News.
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Amazon raises the price for ad-free Prime Video to $4.99
That’s up from $2.99 and before that, free.Source: Sherwood News.
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Memory stocks rebound off last weeks losses
A bit of a snapback.Source: Sherwood News.
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The S&P 500’s internals are awful… while it’s still less than 5% from its record closing high
The breadth of negative momentum within the index’s constituents is even worse than at the tariff-induced market bottom in April 2025.Source: Sherwood News.
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Most Americans have heard about data centers — the more they learn, the more negative their views
A major survey by Pew gives us a good look at how Americans are thinking about data centers as they start popping up in communities across the US.Source: Sherwood News.
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After a big pullback for EVs, climbing gas prices are causing drivers to eye them again
Still, the market is much different than it was the last time oil prices were this high.Source: Sherwood News.
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Trump meme coin skyrockets following new gala luncheon invitation for largest holders
The value of the presidential meme coin has increased over 53% in the last 24 hours to trade above the $4.20 level.Source: Sherwood News.
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Bitcoin hits its highest level in a week, crossing $73,000
“A firm break above 73K will set us up for a nice rally,” one analyst noted.Source: Sherwood News.