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Max Knoblauch
Posts
United CEO says airfares would have to go up another 20% to “break even” if fuel prices remain elevated
United CEO Scott Kirby said he expects oil prices to remain higher for longer.
“Fortnite” maker Epic is laying off 1,000 employees amid engagement downturn
The move follows Epic’s decision earlier this month to increase the cost of in-game currency in “Fortnite.”
Nintendo is reportedly cutting back Switch 2 production by 33% as US sales underperform
Bloomberg’s sources don’t think Nintendo’s target of 20 million Switch 2 sales this fiscal year will be impacted, but investors aren’t holding back from dumping…
China’s EV startup trio have all become profitable
XPeng and Nio each posted their first-ever quarterly profit in Q4.Source: Sherwood News.
CarMax says EV and hybrid searches are up 9.3% this month as gas prices surge
Car shoppers are increasingly looking toward more fuel-efficient options as the war in Iran continues to spike gas prices.Source: Sherwood News.
Uber will invest $1.25 billion in Rivian in a new robotaxi deal
The ride-hailing company has more than 20 autonomous vehicle partnerships.Source: Sherwood News.
It’s the end of Disney’s Iger era (again)
Incoming CEO Josh D’Amaro is replacing Bob Iger on Wednesday, though Iger will remain a senior adviser through the end of the year.Source: Sherwood News.
Delta, American, and rival airlines boost Q1 sales outlooks citing strong demand; costs rise, too
Airlines are soaring as they say revenue is coming in higher than expected in the first quarter. That’s likely in part because they’re raising ticket…
Tariffs have cost automakers $34.5 billion since last year, per report
Detroit’s three big automakers faced a combined $6.5 billion tariff bill in 2025.Source: Sherwood News.
After a big pullback for EVs, climbing gas prices are causing drivers to eye them again
Still, the market is much different than it was the last time oil prices were this high. Source: Sherwood News.