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Tom Jones
Posts
Allbirds, the once buzzy multi-billion-dollar sneaker startup, is selling up for $39 million
That’s less than 1% of its peak market cap about 4 years ago.
Americans won’t tolerate bland food anymore — and it’s turned McCormick into a ~$7 billion-a-year spice and sauce giant
Now, McCormick is eyeing Unilever’s food business.
As Target alters its dress code, it also wants staff to buy more of its clothes
The retailer’s apparel and accessories sales hit their lowest point since the pandemic last year.
Danone acquires meal replacement shake maker Huel for ~$1.2 billion
Powders, protein bars, and podcast ads have all helped the functional nutrition company boom.
The metaverse’s slow, drawn-out demise is getting painful
Maybe Meta execs are just picking out a nice $80 billion plot in the Big Tech graveyard.Source: Sherwood News.
Gold and silver dip amid inflation concerns and ongoing Iran war
Spot prices across both precious metals have dropped this morning.Source: Sherwood News.
Rocket Lab drops after announcing at-the-market offering to sell up to $1 billion of equity
The launch company was up more than 10% at yesterday’s close.Source: Sherwood News.
Google Maps is getting a new AI-powered “Ask Maps” feature
Will Gemini be enough to hush the Apple Maps heads? Source: Sherwood News.
Just how huge is YouTube, anyway?
Google’s video platform is now the world’s largest media company, per new MoffettNathanson research. Source: Sherwood News.
Hims surges after Novo Nordisk reportedly ends feud, agrees to sell its weight-loss drugs on the platform
The two will announce a partnership as early as Monday, according to a person familiar with the matter. Source: Sherwood News.