Meta’s AI leaders have “instead discussed temporarily licensing Gemini to power the company’s AI products, though no decisions have been reached,” according to the New York Times.
Source: Sherwood News.
Category: Business
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Hims & Hers sees surge turn sour in its biggest reversal since the 2025 stock market bottom
There’s not much in the way of company-specific news to point to: Hims, like many other firms, tanked as oil climbed.Source: Sherwood News.
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Stocks tumble as Brent crude closes above $100
Investors were plagued by inflation fears amid rising oil prices and ongoing private credit concerns.Source: Sherwood News.
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Firefly Aerospace rockets higher, as traders snap up calls
It’s up big.Source: Sherwood News.
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Spiking oil prices have investors turning up their noses at fragrance stocks
Estée Lauder and International Flavors & Fragrances are among the worst-performing stocks since the kinetic conflict in the Middle East started.Source: Sherwood News.
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How Tesla quietly wound up owning a small piece of SpaceX
Tesla’s $2 billion investment in xAI will be turned into a less than 1% stake in SpaceX.Source: Sherwood News.
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Gas jumps 60 cents in under two weeks, hitting $3.60 as the market braces for possible $4 a gallon
Spring is just around the corner and gas prices just keep getting higher.Source: Sherwood News.
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Lucid announces Cybercab competitor and self-driving tech subscription in a bid to take on Tesla
Lucid’s vehicle has two seats and no steering wheel… a lot like another vehicle we’ve been hearing a lot about lately.Source: Sherwood News.
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Rivian announces R2 will start at $59,485 at launch, with lower cost trims set to arrive in 2027
Rivian unveiled the launch pricing for its highly anticipated R2 on Thursday.Source: Sherwood News.
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US chemical stocks soar as global competitors lose access to Mideast gas
American chemical companies may reap windfall gains, as European and Asian competitors suffer from their reliance on natural gas from the Gulf.Source: Sherwood News.
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Meme coin factory Pump.fun passes $1 billion in revenue
Meme coin factory Pump.fun has surpassed $1 billion in revenue, making it the first protocol built on the solana blockchain to reach the milestone.Source: Sherwood News.
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Never-ending stream of private credit conniptions weighs on financials
Stocks tied to private credit and the broader banking industry are coming under pressure.Source: Sherwood News.