The closure of the strait could lead to a dearth of helium, a key component of chip manufacturing that comes largely from the Middle East.
Source: Sherwood News.
Category: Business
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Stocks dip slightly, crude oil climbs amid conflict with Iran
Despite the largest-ever release of oil from the International Energy Agency’s strategic reserves, crude oil continued to climb.Source: Sherwood News.
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Nvidia plans to spend $26 billion trainging its own open-weight AI models
Nvidia is planning on spending $26 billion to train its own AI open-weights models, according to a 2025 financial filing first reported by Wired.Source: Sherwood News.
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AI “bottleneck” stocks are the big winners halfway through a tumultuous week
Makers of the crucial inputs for AI datacenters are getting a lift.Source: Sherwood News.
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Papa John’s spikes following report of a $47-per-share take-private offer from Qatari investment fund Irth Capital
Papa John’s shares climbed more than 18% on Wednesday afternoon.Source: Sherwood News.
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Musk blurs the boundaries of his companies even more with joint xAI-Tesla AI agent project
Macrohard is now Digital Optimus.Source: Sherwood News.
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Group of retired senior military officers and Microsoft file briefs supporting Anthropic in lawsuit
Microsoft (MSFT) and a group of 22 retired senior military officers have filed amicus briefs in support of Anthropic in its lawsuit against the US government. The group of military officers includes two…Source: Sherwood News.
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Ethereum is seeing record activity. So why is its price struggling?
Analysts from Citizens JMP Securities expect fundamentals to play a greater role in 2026, despite ethereum’s predicament between network activity and price.Source: Sherwood News.
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Bitwise’s Hougan makes the case for bitcoin to hit $1 million in 10 years
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…Source: Sherwood News.
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How Oracle is de-risking its AI boom
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.Source: Sherwood News.
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Meta doubles down on custom inference chips after reportedly scrapping training chip
Meta wants to buy its chips and make them, too.Source: Sherwood News.
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Are the tech giants destroying their own golden age by fire-hosing money into AI?
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.Source: Sherwood News.