It’s an upgrade from last year’s iPhone 16e.
Source: Sherwood News.
Category: Business
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Fears of increased global shipping costs add to Sony, Nintendo headaches
Both Nintendo and Sony ship their popular video game consoles using sea freight.Source: Sherwood News.
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Lumentum and Coherent surge after Nvidia invests $2 billion apiece to develop advanced optics technologies
Shares of Lumentum (LITE) and Coherent (COHR) are mooning in premarket trading after AI juggernaut Nvidia (NVDA) announced that it was investing $2 billion in each firm to develop their advanced optics…Source: Sherwood News.
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Speculative stock downturn accelerates amid Middle East conflict
The factors key to these speculative themes are out of favor.Source: Sherwood News.
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SpaceX to expand Startlink’s mobile coverage as it seeks $1.75 trillion IPO valuation
Starlink expects to connect 25 million monthly users by the end of the year on a service the company says will allow video calls and streaming.Source: Sherwood News.
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Stock futures dip, oil surges after US military strikes against Iran
US equity futures are lower, oil is up, and safe haven assets like gold and the US dollar are getting a bid.Source: Sherwood News.
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Trump says he has ordered all federal agencies to cease use of Anthropic’s products
Trump said agencies like the Department of War will phase out Anthropic’s products over the next six months.Source: Sherwood News.
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Tech and financials weigh on stocks as credit risks rise
Markets shifted to risk-off mode on hotter-than-expected producer prices and rising credit risks.Source: Sherwood News.
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Prediction markets show Chalamet in the lead for best actor but Actor Awards could shake up race
Chalamet’s odds are down slightly after the BAFTAs, but it’s the supporting races that have really been upended.Source: Sherwood News.
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Rocket Lab dives on new delay for Neutron
A bummer for shareholders of this retail favorite.Source: Sherwood News.
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OpenAI is reportedly working with Pentagon to hash out guardrails amid Anthropic standoff over AI safety
CEO Sam Altman said OpenAI shares Anthropic’s “red lines.”Source: Sherwood News.
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McDonald’s pivoted to value and won. Now it’s taking a big, beefy gamble on the Big Arch
The fast food giant’s biggest-ever burger has a premium price tag in a value-driven time. Can it deliver a big bump in sales or will it be a repeat of McDonald’s most famous flop?Source: Sherwood News.