Sherwood News
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News for the next generation about markets, business, technology, and the culture of money.
The S&P 500 managed to erase most of its early morning losses through the session.
https://sherwood.news/markets/market-wrap-2025-11-14-sp500-qqq/
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Despite a modest rebound in tech, the S&P 500 closes slightly lower
The S&P 500 managed to erase most of its early morning losses through the session....
https://sherwood.news/markets/market-wrap-2025-11-14-sp500-qqq/
10 minutes ago
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Some of the hardest hit stocks of the recent market stumble found their footing Friday.
https://sherwood.news/markets/speculative-stocks-rebound-from-early-sell-off/
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Speculative stocks rebound from early sell-off
Some of the hardest hit stocks of the recent market stumble found their footing Friday....
https://sherwood.news/markets/speculative-stocks-rebound-from-early-sell-off/
about 2 hours ago
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Running up memory lane.
https://sherwood.news/markets/micron-spikes-on-report-that-samsung-hiked-memory-chip-prices-by-as-much-as/
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Micron spikes on report that Samsung hiked memory chip prices by as much as 60%
Running up memory lane....
https://sherwood.news/markets/micron-spikes-on-report-that-samsung-hiked-memory-chip-prices-by-as-much-as/
about 5 hours ago
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Wealthy Americans love their pet carers and personal trainers — they’re less keen on their wealth and property managers.
https://sherwood.news/personal-finance/which-professional-services-americas-multimillionaires-are-spending-their/
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Which professional services America’s multimillionaires are spending their money on
Wealthy Americans love their pet carers and personal trainers — they’re less keen on their wealth and property managers....
https://sherwood.news/personal-finance/which-professional-services-americas-multimillionaires-are-spending-their/
about 6 hours ago
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Bitcoin ETFs suffered their second-largest outflows on record Thursday, with $870 million leaving the funds.
https://sherwood.news/crypto/bitcoin-plummets-to-its-lowest-price-since-may-as-index-hits-extreme-fear/
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Bitcoin plummets to its lowest price since May as index hits “extreme fear”
Bitcoin ETFs suffered their second-largest outflows on record Thursday, with $870 million leaving the funds....
https://sherwood.news/crypto/bitcoin-plummets-to-its-lowest-price-since-may-as-index-hits-extreme-fear/
about 6 hours ago
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Amazon, Google, Microsoft, and Meta are negative this month.
https://sherwood.news/tech/apples-limited-ai-exposure-is-paying-off-again/
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Apple’s limited AI exposure is paying off again
Amazon, Google, Microsoft, and Meta are negative this month....
https://sherwood.news/tech/apples-limited-ai-exposure-is-paying-off-again/
about 6 hours ago
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The new CEO, John Furner, will have to continue to shift the big-box retailer’s operations online to compete with Amazon.
https://sherwood.news/business/walmart-falls-after-ceo-of-more-than-a-decade-steps-down/
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Walmart falls after CEO of more than a decade steps down
The new CEO, John Furner, will have to continue to shift the big-box retailer’s operations online to compete with Amazon....
https://sherwood.news/business/walmart-falls-after-ceo-of-more-than-a-decade-steps-down/
about 7 hours ago
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Beyond Meat eliminated $800 million in debt in exchange for a 66% decline in its stock price, a longer runway to make processed peas, and a good story.
https://sherwood.news/markets/beyond-meats-refinancing-efforts-that-spurred-meme-stock-rally-now-have-shares-down-67-percent/
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Beyond Meat’s refinancing efforts that spurred meme stock rally now have shares down 67%
Beyond Meat eliminated $800 million in debt in exchange for a 66% decline in its stock price, a longer runway to make processed peas, and a good...
https://sherwood.news/markets/beyond-meats-refinancing-efforts-that-spurred-meme-stock-rally-now-have-shares-down-67-percent/
about 7 hours ago
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November 20 is the reported deadline for first-round bids.
https://sherwood.news/markets/warner-bros-discovery-rises-as-potential-sale-boils-down-to-bidding-war/
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Warner Bros. Discovery rises as potential sale boils down to bidding war between Paramount, Comcast, and Netflix
November 20 is the reported deadline for first-round bids....
https://sherwood.news/markets/warner-bros-discovery-rises-as-potential-sale-boils-down-to-bidding-war/
about 7 hours ago
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While cryptocurrencies had a rough day on Thursday, Canary’s XRP ETF had a record debut.
https://sherwood.news/crypto/canary-xrp-etf-nets-record-trading-volume-of-all-etfs-launched-this-year/
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Canary XRP ETF nets record trading volume of all ETFs launched this year
While cryptocurrencies had a rough day on Thursday, Canary’s XRP ETF had a record debut....
https://sherwood.news/crypto/canary-xrp-etf-nets-record-trading-volume-of-all-etfs-launched-this-year/
about 8 hours ago
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The optical communications company reported underwhelming third-quarter results.
https://sherwood.news/markets/poet-technologies-q3-earings-optical-communications-ai-data-center-meme/
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POET Technologies slumps after reporting larger than expected Q3 loss
The optical communications company reported underwhelming third-quarter results....
https://sherwood.news/markets/poet-technologies-q3-earings-optical-communications-ai-data-center-meme/
about 9 hours ago
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The stock is down amid a broader tech and AI selloff.
https://sherwood.news/tech/tesla-is-back-in-the-negative-this-year/
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Tesla is back in the negative this year
The stock is down amid a broader tech and AI selloff....
https://sherwood.news/tech/tesla-is-back-in-the-negative-this-year/
about 9 hours ago
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The wafer fab equipment maker just reported its fiscal Q4 results.
https://sherwood.news/markets/applied-materials-q4-2025-quarterly-results-ai-china-export-restrictions/
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Applied Materials dips despite posting modest beats on Q4 sales, EPS
The wafer fab equipment maker just reported its fiscal Q4 results....
https://sherwood.news/markets/applied-materials-q4-2025-quarterly-results-ai-china-export-restrictions/
1 day ago
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StubHub (STUB) fell in after hours trading after it reported earnings results that missed Wall Street estimates. The company reported a loss per share of $4.27, compared to the $2.87 per share loss a
https://sherwood.news/markets/stubhub-falls-after-earnings-miss-sales-beat/
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StubHub falls after earnings miss, sales beat
StubHub (STUB) fell in after hours trading after it reported earnings results that missed Wall Street estimates. The company reported a loss...
https://sherwood.news/markets/stubhub-falls-after-earnings-miss-sales-beat/
1 day ago
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The worst day since Trump’s disastrous Rose Garden tariff announcement for this high flying basket of market winners underscores the sense of uncertainty investors are grappling with.
https://sherwood.news/markets/high-beta-momentum-stocks-on-track-for-worst-day-since-trumps-april-tariff/
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High-beta momentum stocks on track for worst day since Trump’s April tariff announcement
The worst day since Trump’s disastrous Rose Garden tariff announcement for this high flying basket of market winners underscores the sense of...
https://sherwood.news/markets/high-beta-momentum-stocks-on-track-for-worst-day-since-trumps-april-tariff/
1 day ago
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The situation underscores how badly everyone wants a slice of the GLP-1 revenue pie.
https://sherwood.news/business/mangoceuticals-partnership-with-lilly-and-novo-news-to-them/
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Mangoceuticals’ partnership with Lilly and Novo? News to them.
The situation underscores how badly everyone wants a slice of the GLP-1 revenue pie....
https://sherwood.news/business/mangoceuticals-partnership-with-lilly-and-novo-news-to-them/
1 day ago
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Tech was the worst-performing sector ETF, and six of the Magnificent 7 stocks fell. Speculative stocks and momentum stocks were especially hard hit.
https://sherwood.news/markets/market-wrap-2025-11-13-sp500-qqq/
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A tumble in tech leads the stock sell-off as rate cut pessimism rises
Tech was the worst-performing sector ETF, and six of the Magnificent 7 stocks fell. Speculative stocks and momentum stocks were especially hard...
https://sherwood.news/markets/market-wrap-2025-11-13-sp500-qqq/
1 day ago
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Just minutes before its first-half results were due to come out, Ubisoft announced the delay.
https://sherwood.news/markets/ubisoft-delays-its-earnings-at-the-last-minute-and-requests-a-freeze-on/
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Ubisoft delays its earnings at the last minute and requests a freeze on trading
Just minutes before its first-half results were due to come out, Ubisoft announced the delay....
https://sherwood.news/markets/ubisoft-delays-its-earnings-at-the-last-minute-and-requests-a-freeze-on/
1 day ago
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These stocks are suffering from a general drawdown in AI and AI-adjacent shares amid a swirl of stories highlighting the uncertainty surrounding the booming sector.
https://sherwood.news/markets/sandisk-memory-chip-stocks-slump-after-japanese-competitor-reports-weak/
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Sandisk, memory chip stocks slump after Japanese competitor reports weak numbers
These stocks are suffering from a general drawdown in AI and AI-adjacent shares amid a swirl of stories highlighting the uncertainty surrounding...
https://sherwood.news/markets/sandisk-memory-chip-stocks-slump-after-japanese-competitor-reports-weak/
1 day ago
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Hims expects to introduce more specs, including at-home testing devices, over time.
https://sherwood.news/markets/hims-and-hers-launches-blood-test-analysis-product/
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Hims & Hers launches blood test analysis product
Hims expects to introduce more specs, including at-home testing devices, over time....
https://sherwood.news/markets/hims-and-hers-launches-blood-test-analysis-product/
1 day ago
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It still has the same hated default message.
https://sherwood.news/tech/meta-overhauls-marketplace-with-ai-insights-and-collaborative-shopping/
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Meta overhauls Marketplace with AI insights and collaborative shopping
It still has the same hated default message....
https://sherwood.news/tech/meta-overhauls-marketplace-with-ai-insights-and-collaborative-shopping/
1 day ago
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If Oracle has credit risk now, some of that risk should also probably be reflected in the share prices of more speculative, volatile tech stocks.
https://sherwood.news/markets/unpacking-how-speculative-ai-quantum-energy-datacenter-tech-stocks-lost-one-third-of-their-value/
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How speculative tech stocks lost one-third of their value in the past month
If Oracle has credit risk now, some of that risk should also probably be reflected in the share prices of more speculative, volatile tech stocks....
https://sherwood.news/markets/unpacking-how-speculative-ai-quantum-energy-datacenter-tech-stocks-lost-one-third-of-their-value/
1 day ago
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According to FactSet data, 14 analysts have trimmed their Flutter price targets since the report was released, taking the consensus 12- to 18-month bogey for the stock from over $330 to less than $320
https://sherwood.news/markets/flutter-dives-on-guidance-cut-flurry-of-analyst-price-target-cuts/
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Flutter dives on guidance cut, flurry of analyst price target cuts
According to FactSet data, 14 analysts have trimmed their Flutter price targets since the report was released, taking the consensus 12- to 18-month...
https://sherwood.news/markets/flutter-dives-on-guidance-cut-flurry-of-analyst-price-target-cuts/
1 day ago
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For Disney, “ohana” also happens to mean revenue.
https://sherwood.news/markets/disney-sold-more-than-usd4-billion-in-stitch-merch-in-its-latest-fiscal-year/
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Disney sold more than $4 billion in Stitch merch in its latest fiscal year
For Disney, “ohana” also happens to mean revenue....
https://sherwood.news/markets/disney-sold-more-than-usd4-billion-in-stitch-merch-in-its-latest-fiscal-year/
1 day ago
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Strategy’s market capitalization relative to its bitcoin holdings has also dipped below 1 for the first time since January 2024.
https://sherwood.news/crypto/bitcoin-is-down-in-q4-but-not-as-bad-as-its-largest-corporate-treasury-firms/
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Bitcoin is down in Q4 but not as bad as its largest corporate treasury firms
Strategy’s market capitalization relative to its bitcoin holdings has also dipped below 1 for the first time since January 2024....
https://sherwood.news/crypto/bitcoin-is-down-in-q4-but-not-as-bad-as-its-largest-corporate-treasury-firms/
1 day ago
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The round still values xAI at $200 billion.
https://sherwood.news/tech/tesla-ceo-elon-musks-xai-raises-usd15-billion-in-latest-funding-round-up/
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Tesla CEO Elon Musk’s xAI raises $15 billion in latest funding round, up from $10 billion reported in September
The round still values xAI at $200 billion....
https://sherwood.news/tech/tesla-ceo-elon-musks-xai-raises-usd15-billion-in-latest-funding-round-up/
1 day ago
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Kim Kardashian’s shapewear company might now be the most valuable celebrity-founded brand ever.
https://sherwood.news/business/skims-hits-a-usd5-billion-valuation-right-before-activewears-peak-sales/
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Skims hits a $5 billion valuation — right before activewear’s peak sales season
Kim Kardashian’s shapewear company might now be the most valuable celebrity-founded brand ever....
https://sherwood.news/business/skims-hits-a-usd5-billion-valuation-right-before-activewears-peak-sales/
1 day ago
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“As they innovate even at the system level, we get access to all of it,” CEO Satya Nadella said on a podcast with Dwarkesh Patel.
https://sherwood.news/tech/microsoft-to-use-openais-chips-to-improve-its-own-in-house-chips/
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Microsoft to use OpenAI’s chips to improve its own in-house chips
“As they innovate even at the system level, we get access to all of it,” CEO Satya Nadella said on a podcast with Dwarkesh Patel....
https://sherwood.news/tech/microsoft-to-use-openais-chips-to-improve-its-own-in-house-chips/
1 day ago
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True crime is the only top genre with a higher share of female voices.
https://sherwood.news/culture/male-hosts-dominate-the-world-of-podcasting-per-a-new-usc-report/
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Male hosts dominate the world of podcasting, per a new USC report
True crime is the only top genre with a higher share of female voices....
https://sherwood.news/culture/male-hosts-dominate-the-world-of-podcasting-per-a-new-usc-report/
1 day ago
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The stock is down 3.4% in early trading on Thursday.
https://sherwood.news/markets/disney-dips-weaker-expected-q4-revenue-amid-longest-ever-tv-blackout/
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Disney dips on weaker-than-expected Q4 revenue amid its longest-ever TV blackout
The stock is down 3.4% in early trading on Thursday....
https://sherwood.news/markets/disney-dips-weaker-expected-q4-revenue-amid-longest-ever-tv-blackout/
1 day ago
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That’s 50% of its typical App Store cut, but still presents a huge opportunity for the iPhone maker.
https://sherwood.news/tech/apple-to-get-15-cut-of-purchases-in-tencents-wechat-mini-games-and-apps/
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Apple to get 15% cut of purchases in Tencent’s WeChat mini games and apps
That’s 50% of its typical App Store cut, but still presents a huge opportunity for the iPhone maker....
https://sherwood.news/tech/apple-to-get-15-cut-of-purchases-in-tencents-wechat-mini-games-and-apps/
1 day ago
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Alibaba (BABA) is up nearly 5% in Hong Kong on Thursday morning, paring losses earlier in the week, after Bloomberg reported that the e-commerce giant is set to overhaul its mobile AI app to become a
https://sherwood.news/markets/baba-rises-as-company-prepares-major-update-flagship-ai-app-aimed-ch…
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BABA rises as the company prepares major update of its flagship AI app, aimed at taking on ChatGPT
Alibaba (BABA) is up nearly 5% in Hong Kong on Thursday morning, paring losses earlier in the week, after Bloomberg reported that the e-commerce...
https://sherwood.news/markets/baba-rises-as-company-prepares-major-update-flagship-ai-app-aimed-chatgpt/
1 day ago
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Scion's SEC registration was terminated earlier this week.
https://sherwood.news/markets/michael-burry-de-registers-his-hedge-fund-scion-asset-management-as-he-warns/
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Michael Burry de-registers his hedge fund, Scion Asset Management, as he warns of market bubbles and hints at "better things" ahead
Scion's SEC registration was terminated earlier this week....
https://sherwood.news/markets/michael-burry-de-registers-his-hedge-fund-scion-asset-management-as-he-warns/
1 day ago
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A bill to fund the government low-key banned weed seltzers.
https://sherwood.news/markets/lawmakers-slip-hemp-thc-ban-in-funding-bill/
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Lawmakers slip hemp THC ban in funding bill
A bill to fund the government low-key banned weed seltzers....
https://sherwood.news/markets/lawmakers-slip-hemp-thc-ban-in-funding-bill/
2 days ago
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The over 40-day government shutdown came to an end without a guarantee that the ACA tax credits will be extended.
https://sherwood.news/power/congress-votes-to-end-shutdown/
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Congress votes to end shutdown
The over 40-day government shutdown came to an end without a guarantee that the ACA tax credits will be extended....
https://sherwood.news/power/congress-votes-to-end-shutdown/
2 days ago
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The networking equipment maker has underperformed rivals amid an explosion in AI-related data center investment.
https://sherwood.news/markets/ciscos-ai-orders-from-hyperscalers-accelerate/
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Cisco’s AI orders from hyperscalers accelerate
The networking equipment maker has underperformed rivals amid an explosion in AI-related data center investment....
https://sherwood.news/markets/ciscos-ai-orders-from-hyperscalers-accelerate/
2 days ago
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The new “more conversational” model follows instructions better, but backslides on some safety tests.
https://sherwood.news/tech/openai-releases-gpt-5-1-which-can-be-professional-candid-or-quirky/
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OpenAI releases GPT 5.1, which can be “Professional,” “Candid,” or “Quirky”
The new “more conversational” model follows instructions better, but backslides on some safety tests....
https://sherwood.news/tech/openai-releases-gpt-5-1-which-can-be-professional-candid-or-quirky/
2 days ago
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Seemingly every piece of enterprise software has an AI agent add-on, but many use the same underlying technology.
https://sherwood.news/tech/ai-agent-fatigue-may-be-hitting-enterprise-customers/
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AI agent fatigue may be hitting enterprise customers
Seemingly every piece of enterprise software has an AI agent add-on, but many use the same underlying technology....
https://sherwood.news/tech/ai-agent-fatigue-may-be-hitting-enterprise-customers/
2 days ago
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Despite five of the Mag 7 stocks closing lower, the S&P 500 managed to post a gain after struggling for direction.
https://sherwood.news/markets/market-wrap-2025-11-12-sp500-qqq/
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The S&P 500 ekes out a gain with almost no help from megacap tech
Despite five of the Mag 7 stocks closing lower, the S&P 500 managed to post a gain after struggling for direction....
https://sherwood.news/markets/market-wrap-2025-11-12-sp500-qqq/
2 days ago
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Daily call volume on GLD are over 1 million on Wednesday afternoon.
https://sherwood.news/markets/gold-gets-to-be-a-meme-stock-again/
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Gold gets to be a meme stock again
Daily call volume on GLD are over 1 million on Wednesday afternoon....
https://sherwood.news/markets/gold-gets-to-be-a-meme-stock-again/
2 days ago
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They’re giving the company — which still has zero revenue and widening losses — credit for getting crucial support and approvals from the US government.
https://sherwood.news/markets/analysts-shrug-off-oklos-deeper-than-expected-loss/
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Analysts shrug off Oklo’s deeper-than-expected loss
They’re giving the company — which still has zero revenue and widening losses — credit for getting crucial support and approvals from the US...
https://sherwood.news/markets/analysts-shrug-off-oklos-deeper-than-expected-loss/
2 days ago
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The price of XRP has dropped 3.6% in the last 24 hours.
https://sherwood.news/crypto/xrp-set-for-another-us-based-etf-with-canary-capitals-rollout-likely-on/
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XRP set for another US-based ETF with Canary Capital’s rollout likely on Thursday
The price of XRP has dropped 3.6% in the last 24 hours....
https://sherwood.news/crypto/xrp-set-for-another-us-based-etf-with-canary-capitals-rollout-likely-on/
2 days ago
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The latest iPhone Pro doesn’t come in black, the preferred iPhone color, so people are picking... Cosmic Orange.
https://sherwood.news/tech/orange-apple-iphones-are-the-new-black/
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Orange Apple iPhones are the new black
The latest iPhone Pro doesn’t come in black, the preferred iPhone color, so people are picking... Cosmic Orange....
https://sherwood.news/tech/orange-apple-iphones-are-the-new-black/
2 days ago
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Mariah Carey and co. are cashing in on “christmas creep.”
https://sherwood.news/culture/music-streamers-are-listening-to-christmas-songs-earlier-as-mariah-carey/
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Music streamers are listening to Christmas songs earlier, as Mariah Carey enters charts at the start of November
Mariah Carey and co. are cashing in on “christmas creep.”...
https://sherwood.news/culture/music-streamers-are-listening-to-christmas-songs-earlier-as-mariah-carey/
2 days ago
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The stock is down this morning, undoing some of its stunning year-to-date rise.
https://sherwood.news/business/tencent-music-has-enough-users-it-just-needs-them-to-start-paying/
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Tencent Music has enough users — it just needs them to start paying
The stock is down this morning, undoing some of its stunning year-to-date rise....
https://sherwood.news/business/tencent-music-has-enough-users-it-just-needs-them-to-start-paying/
2 days ago
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Buoyed by brisk business sales, Anthropic is investing in its first custom-built data centers, with sites in New York and Texas, partnering with Fluidstack.
https://sherwood.news/tech/anthropic-gets-into-the-data-center-business-pledging-usd50-billion/
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Anthropic gets into the data center business, pledging $50 billion
Buoyed by brisk business sales, Anthropic is investing in its first custom-built data centers, with sites in New York and Texas, partnering with...
https://sherwood.news/tech/anthropic-gets-into-the-data-center-business-pledging-usd50-billion/
2 days ago
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Lucid shares fell more than 9% on Wednesday morning.
https://sherwood.news/markets/lucid-on-pace-for-lowest-close-ever-following-usd875-million-debt-offering/
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Lucid on pace for lowest close ever following $875 million debt offering
Lucid shares fell more than 9% on Wednesday morning....
https://sherwood.news/markets/lucid-on-pace-for-lowest-close-ever-following-usd875-million-debt-offering/
2 days ago
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Waymo is taking the high road in the autonomous car battle (literally, not figuratively).
https://sherwood.news/tech/googles-waymo-has-started-letting-passengers-take-the-freeway/
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Google’s Waymo has started letting passengers take the freeway
Waymo is taking the high road in the autonomous car battle (literally, not figuratively)....
https://sherwood.news/tech/googles-waymo-has-started-letting-passengers-take-the-freeway/
2 days ago
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Last week, OpenAI was ordered by the courts to hand over ChatGPT logs to The New York Times. The company is lobbying the public in an effort to stave off the deadline this week.
https://sherwood.news/power/openai-the-new-york-times-is-forcing-us-to-turn-over-20-million-chatgpt/
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OpenAI: The New York Times is forcing us to turn over 20 million ChatGPT conversations
Last week, OpenAI was ordered by the courts to hand over ChatGPT logs to The New York Times. The company is lobbying the public in an effort...
https://sherwood.news/power/openai-the-new-york-times-is-forcing-us-to-turn-over-20-million-chatgpt/
2 days ago
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Insiders bet on online sports betting.
https://sherwood.news/markets/draftkings-insiders-stepped-up-to-buy-over-usd1-million-in-company-stock/
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DraftKings insiders stepped up to buy over $1 million in company stock after two-month rout
Insiders bet on online sports betting....
https://sherwood.news/markets/draftkings-insiders-stepped-up-to-buy-over-usd1-million-in-company-stock/
2 days ago
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