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Sherwood News

@sherwood.news

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News for the next generation about markets, business, technology, and the culture of money.

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Sherwood News @sherwood.news · 30m

After the spray-and-pray approach led to a wave of cancellations, Hollywood is settling into an era of just making fewer shows.
https://sherwood.news/business/apple-tv-dropped-the-plus-as-streamers-keep-pulling-back-on-originals/

Apple TV dropped the "plus" as streamers keep pulling back on originals

After the spray-and-pray approach led to a wave of cancellations, Hollywood is settling into an era of just making fewer shows....

Sherwood News @sherwood.news · 30m

Not this one, though.
https://sherwood.news/tech/reading-an-article-online-its-now-a-coin-flip-whether-it-was-authored-by-a/

Reading an article online? It’s now a coin flip whether it was authored by a human or AI

Not this one, though....

Sherwood News @sherwood.news · 1h

Apollo is in the running with multiple other activists to take the pizza giant private.
https://sherwood.news/markets/papa-johns-jumps-on-apollos-fresh-take-private-bid-at-usd64-per-share/

Papa John’s jumps on Apollo’s fresh take-private bid at $64 per share

Apollo is in the running with multiple other activists to take the pizza giant private....

Sherwood News @sherwood.news · 2h

This marks the company’s second international expansion after Tokyo.
https://sherwood.news/tech/googles-waymo-plans-to-launch-autonomous-rides-in-london-next-year/

Google’s Waymo plans to launch autonomous rides in London next year

This marks the company’s second international expansion after Tokyo....

Sherwood News @sherwood.news · 15h

Salesforce CEO Mark Benioff said the company saves $100 million per year by using AI for customer service, and 12,000 customers use its “Agentforce” AI tool.
https://sherwood.news/tech/salesforce-ai-customer-service-saves-us-usd100-million-per-year/

Salesforce: AI customer service saves us $100 million per year

Salesforce CEO Mark Benioff said the company saves $100 million per year by using AI for customer service, and 12,000 customers use its “Agentforce”...

Sherwood News @sherwood.news · 15h

The move comes as James Lu and Raymond Zage, who together own more than 60% of the gay dating app, are refinancing their own debt.
https://sherwood.news/markets/grindr-confirms-its-in-talks-to-go-private-for-no-less-than-usd15-a-share/

Grindr confirms it’s in talks to go private for no less than $15 a share

The move comes as James Lu and Raymond Zage, who together own more than 60% of the gay dating app, are refinancing their own debt....

Sherwood News @sherwood.news · 15h

Tech dragged down the S&P 500 and the Nasdaq-100, but the Russell 2000 posted a new record high close.
https://sherwood.news/markets/market-wrap-2025-10-14-sp500-qqq/

Stocks lose steam after trade tensions reignite

Tech dragged down the S&P 500 and the Nasdaq-100, but the Russell 2000 posted a new record high close....

Sherwood News @sherwood.news · 16h

Altman apologized to users for changes implemented to protect users suffering mental health crises, and promised to “treat adults like adults,” including allowing erotica.
https://sherwood.news/tech/sam-altman-says-openai-fixed-chatgpts-serious-mental-health-issues-in-just-a/

Sam Altman says OpenAI fixed ChatGPT’s serious mental health issues in just a month, others aren’t so sure

Altman apologized to users for changes implemented to protect users suffering mental health crises, and promised to “treat adults like adults,”...

Sherwood News @sherwood.news · 17h

Crude oil contracts dropped on Tuesday, boosting major airline stocks.
https://sherwood.news/markets/us-airlines-take-off-as-oil-prices-sink-amid-trade-tensions-between-the-us/

US airlines take off as oil prices sink amid trade tensions between the US and China

Crude oil contracts dropped on Tuesday, boosting major airline stocks....

Sherwood News @sherwood.news · 18h

Shares of Roblox climbed more than 6% midday on Tuesday.
https://sherwood.news/markets/roblox-rallies-on-a-jefferies-price-target-hike-and-positive-sentiments-from/

Roblox rallies on a Jefferies price target hike and positive sentiments from Morgan Stanley

Shares of Roblox climbed more than 6% midday on Tuesday....

Sherwood News @sherwood.news · 18h

Parents will have the ability to adjust controls, and Meta plans to use “age prediction technology” to catch kids lying about their age.
https://sherwood.news/tech/meta-says-instagram-teen-accounts-will-default-to-a-pg-13-content-limit/

Meta says Instagram teen accounts will default to a PG-13 content limit

Parents will have the ability to adjust controls, and Meta plans to use “age prediction technology” to catch kids lying about their age....

Sherwood News @sherwood.news · 19h

Looking on-chain, stablecoin activity on ethereum crossed an all-time high of 1 million unique weekly stablecoin senders.
https://sherwood.news/crypto/investors-in-waiting-mode-as-ethereum-drops-below-usd4-000-etfs-see-usd428-5/

Investors in “waiting mode” as ethereum drops below $4,000, ETFs see $428.5 million in outflows

Looking on-chain, stablecoin activity on ethereum crossed an all-time high of 1 million unique weekly stablecoin senders....

Sherwood News @sherwood.news · 19h

New vehicle prices climbed to more than $50,000 across the auto industry in September, according to Cox Automotive data.
https://sherwood.news/business/the-average-price-of-a-new-vehicle-in-the-us-passed-usd50-000-for-the-first/

The average price of a new vehicle in the US passed $50,000 for the first time ever in September

New vehicle prices climbed to more than $50,000 across the auto industry in September, according to Cox Automotive data....

Sherwood News @sherwood.news · 19h

The breakdown in momentum for the market’s crucial AI theme is worth watching.
https://sherwood.news/markets/data-center-stocks-knocked-back-amid-china-stress/

Data center stocks knocked back amid China stress

The breakdown in momentum for the market’s crucial AI theme is worth watching....

Sherwood News @sherwood.news · 20h

OpenAI announced similar partnerships with Etsy and Shopify last month.
https://sherwood.news/markets/openai-to-offer-walmart-products-for-sale-through-chatgpt/

OpenAI to offer Walmart products for sale through ChatGPT

OpenAI announced similar partnerships with Etsy and Shopify last month....

Sherwood News @sherwood.news · 20h

That’s not the same as 200 million Prime subscriptions.
https://sherwood.news/personal-finance/amazon-prime-hits-200-million-shoppers-in-the-us/

Amazon Prime hits 200 million shoppers in the US

That’s not the same as 200 million Prime subscriptions....

Sherwood News @sherwood.news · 21h

The cuts reflect the company's push to expand its global footprint.
https://sherwood.news/business/alibaba-slides-as-the-e-commerce-giants-cloud-arm-reportedly-plans-to-slash/

Alibaba slides as the e-commerce giant’s cloud arm reportedly plans to slash overseas prices

The cuts reflect the company's push to expand its global footprint....

Sherwood News @sherwood.news · 21h

Bitcoin’s price is dropping again Tuesday as one expert warns the current environment is a “toxic cocktail.”
https://sherwood.news/crypto/metaplanets-enterprise-value-sinks-below-its-bitcoin-holdings/

Metaplanet’s enterprise value sinks below its bitcoin holdings

Bitcoin’s price is dropping again Tuesday as one expert warns the current environment is a “toxic cocktail.”...

Sherwood News @sherwood.news · 22h

Momentum. Flows. Options Activity. Intense retail enthusiasm. It’s all there.
https://sherwood.news/markets/gold-and-silver-are-the-new-meme-stocks/

Gold and silver are the new meme stocks

Momentum. Flows. Options Activity. Intense retail enthusiasm. It’s all there....

Sherwood News @sherwood.news · 22h

In a Tuesday filing, GM said its slowing EV business will result in a hefty dent to its Q3 earnings.
https://sherwood.news/business/gm-dips-after-revealing-it-will-take-a-usd1-6-billion-q3-hit-due-to-its-ev/

GM dips after revealing it will take a $1.6 billion Q3 hit due to its EV pullback

In a Tuesday filing, GM said its slowing EV business will result in a hefty dent to its Q3 earnings....

Sherwood News @sherwood.news · 22h

Another(?) big win for AMD’s AI chip business.
https://sherwood.news/markets/amd-jumps-after-reaching-deal-to-deploy-50-000-ai-chips-oracle-data-centers/

AMD jumps after reaching deal to deploy 50,000 AI chips in data centers run by Oracle

Another(?) big win for AMD’s AI chip business....

Sherwood News @sherwood.news · 22h

Q3 data captured about half a month of new iPhone sales.
https://sherwood.news/tech/smartphone-upgrades-grew-for-apple-and-samsung-last-quarter/

Smartphone upgrades grew for Apple and Samsung last quarter

Q3 data captured about half a month of new iPhone sales....

Sherwood News @sherwood.news · 23h

Waiting for Kyber to pass.
https://sherwood.news/markets/navitas-semiconductor-spikes-after-unveiling-products-purpose-built-for-nvidia-data-center-architecture/

Navitas Semiconductor spikes after unveiling products “purpose-built” for Nvidia’s upcoming data center architecture

Waiting for Kyber to pass....

Sherwood News @sherwood.news · 23h

As trade tensions simmer, rare earth stocks are ripping higher.
https://sherwood.news/markets/rare-earth-stocks-are-wall-streets-hottest-trade-right-mp-materials-traded-more-than-jp-morgan/

Rare earth stocks are Wall Street’s hottest trade right now, so much so that MP Materials’ stock traded more than JPMorgan yesterday

As trade tensions simmer, rare earth stocks are ripping higher....

Sherwood News @sherwood.news · 1d

Stocks clawed back some, but not all, of Friday’s losses after Trump signaled softening in his China stance.
https://sherwood.news/markets/stocks-rebound-as-tariff-fears-ease-october-13/

Stocks rebound as tariff fears ease

Stocks clawed back some, but not all, of Friday’s losses after Trump signaled softening in his China stance....