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Luke Kawa
Posts
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…
Stocks slip after economic data disappoints
Core PCE inflation rose 0.4% month on month to end the year, while economists had anticipated a rise of 0.3%. Source: Sherwood News.
AppLovin jumps on unconfirmed social media report that it’s working with OpenAI on ChatGPT ads
Market chatter about the potential partnership emanated from a post by hedge fund manager Jonah Lupton, who disclosed that he and his fund have a…
Opendoor Technologies jumps after posting better than expected Q4 results
The online real estate company is executing on its strategy of flipping homes much more aggressively. Source: Sherwood News.
