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Luke Kawa
Posts
PayPal jumps after report of unsolicited takeover interest
There’s reportedly appetite from “one large rival” to buy the entire company, while other potential purchasers want only certain parts. Source: Sherwood News.
Software stocks crater as independent research piece details potential AI dystopian scenario
The lowlights in this dystopian not-too-distant future: unemployment high despite elevated nominal growth and productivity, and the stock market tumbling as credit stress from companies…
Better-than-expected jobs data has Federal Reserve’s standout doves shying away from rate cuts
The Fed officials who dissented in favor of cuts don’t seem to be in as much of a hurry to cut rates too much, too…
Tech winners haven’t crushed tech losers by this much since the dot-com bubble was bursting
“Beware chasing good charts in technology, and at the margin, reduce exposure,” wrote Jeff deGraaf, Renaissance Macro’s head of technical research. Source: Sherwood News.
OpenAI boosted its revenue and cash burn forecasts, The Information reports
More top line growth, more cash outflows. Source: Sherwood News.
Futures fall after President Trump announces new global tariff rate boosted to 15%
Wall Street believes Trump is still committed to raising tariffs, but he is likely to face more constraints in instituting levies under alternative authorities. Source:…
Stocks jump after Supreme Court strikes down Trump’s reciprocal tariffs
The president called the ruling a “disgrace” and has indicated he has backup plans to reinstate tariffs. Source: Sherwood News.
Stocks jump after Supreme Court strikes down Trump’s reciprocal tariffs
The president called the ruling a “disgrace” and has indicated he has backup plans to reinstate tariffs. Source: Sherwood News.
Nvidia nears $30 billion investment in OpenAI’s funding round, the FT reports
This investment would effectively replace the September plan to accumulate a $100 billion stake in the ChatGPT maker. Source: Sherwood News.
Opendoor rises as JPMorgan boosts earnings estimates following Q4 results
New CEO Kaz Nejatian said the cohort of homes purchased in October, his first full month running the company, is poised to be Opendoor’s most…
