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Hyunsoo Rim
Posts
Block soars after announcing 40% workforce cut amid AI push
Shares surged nearly 30% after CEO Jack Dorsey said AI will let a smaller team “do more and do it better.” Source: Sherwood News.
Michael Burry flags “troubling” jump in Nvidia’s supply commitments
The famed investor warns that noncancelable AI chip orders and $117 billion in total obligations could amplify the damage if demand cools. Source: Sherwood News.
Nvidia’s Jensen Huang thinks markets “got it wrong” on software stocks sell-off
The Nvidia CEO said agentic AI will use software tools like Excel, SAP, and ServiceNow — not replace them — after reporting strong earnings and…
The way different states use ChatGPT could tell us a lot about their economies
New data from OpenAI reveals a geographical divide in how Americans interact with the chatbot. Source: Sherwood News.
Workday’s miserable year continues after soft revenue guidance sinks the stock
Subscription guidance missed estimates even as earnings beat, fueling concerns that AI could weigh on software stocks. Source: Sherwood News.
Anglo American halves De Beers’ value as the natural diamond slump deepens
The miner has now written down De Beers by roughly $6.8 billion over the past three years. Source: Sherwood News.
Etsy sells fashion app Depop to eBay, as the pair’s post-pandemic paths split further
The $1.2 billion clothes reseller is the last shoe to drop in Etsy’s failed “House of Brands” experiment. Source: Sherwood News.
Riot Platforms rises on activist push to accelerate AI data center pivot
Starboard Value says leasing Riot’s vast Texas power capacity could potentially generate over $1.6 billion in EBITDA. Source: Sherwood News.
Younger companies and leaders embrace more remote work, new study finds
Firms founded in the past decade have nearly twice the WFH rates of those started before 1990. Source: Sherwood News.
Americans are spending more time at home and alone — and money shapes who can opt out
Over the past two decades, we’ve been reallocating our time away from offices, malls, and classrooms… and toward home and solitude. Source: Sherwood News.