This post was originally published on Sherwood News.
Analysts from Citizens JMP Securities expect fundamentals to play a greater role in 2026, despite ethereum’s predicament between network activity and price.
Category: Business
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Bitwise’s Hougan makes the case for bitcoin to hit $1 million in 10 years
This post was originally published on Sherwood News.
To reach a seven-figure price, bitcoin would need to capture more than 50% of the store-of-value market, “a very high bar” that “sounds unreasonable to many,” Hougan wrote, but noted there’s a point most… -
How Oracle is de-risking its AI boom
This post was originally published on Sherwood News.
Oracle released its third-quarter earnings yesterday, and the company is making it clear that its ambitious AI growth is grounded in reality and cold hard cash. -
Meta doubles down on custom inference chips after reportedly scrapping training chip
This post was originally published on Sherwood News.
Meta wants to buy its chips and make them, too. -
Are the tech giants destroying their own golden age by fire-hosing money into AI?
This post was originally published on Sherwood News.
Legendary investor and market skeptic Jeremy Grantham says hyperscalers’ profits are about to get crushed as they spend heavily to veer out of their defined lanes and fight over the same territory. -
Google completes acquisition of Wiz — its biggest ever
This post was originally published on Sherwood News.
The $32 billion cybersecurity startup purchase ranks higher than any of Google’s previous acquisitions. -
Perplexity has been left behind in the AI wars
This post was originally published on Sherwood News.
Once touted as a potential Google killer, the AI search engine’s traffic has been flat over the last year, while peers like Claude have surged ahead. -
CarMax rises after activist investor Starboard takes $350 million stake
This post was originally published on Sherwood News.
CarMax climbed more than 7% in premarket trading on Wednesday. -
A “Pokémon” game similar to “Animal Crossing” is selling out at US retailers, boosting Nintendo shares
This post was originally published on Sherwood News.
Amazon this week briefly hiked the price of the physical edition of the game to $80, according to IGN. -
Uber jumps on news it’s partnering with Amazon’s Zoox in Las Vegas and Los Angeles
This post was originally published on Sherwood News.
Zoox’s autonomous vehicles in Las Vegas will be available on Uber’s app this year. -
February CPI inflation lands in line with expectations
This post was originally published on Sherwood News.
February inflation figures are out. -
Nebius spikes after announcing $2 billion investment from Nvidia
This post was originally published on Sherwood News.
And YOU get $2 billion and YOU get $2 billion and YOU get $2 billion…