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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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Meta crushes earnings, revenue grows a smashing 21% in Q4 https://buff.ly/4hyjVBb
January 29, 2025 at 10:26 PM
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Tesla just posted a massive, Cybertruck-sized drop in annual earnings: https://buff.ly/4gi6Lre
January 29, 2025 at 9:35 PM
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Norway’s wealth fund reports record profits—it’s now worth $319,900 per citizen: https://buff.ly/4jxGIPx
January 29, 2025 at 6:00 PM
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How much Big Tech companies — like Google, Microsoft, Amazon, and Meta — are spending on capex this year:
https://buff.ly/4hgtNQs
January 29, 2025 at 3:30 PM
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Jevons paradox is the latest jargon you need to know to signal you’re smart on AI: https://buff.ly/3CqVuqG
January 29, 2025 at 3:00 PM
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Post-DeepSeek, traders still like AI—but maybe not data centers https://buff.ly/3QfmyfX
January 28, 2025 at 9:00 PM
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Eggflation: Egg prices are up 58% since the end of November, hitting a record high https://buff.ly/4gkKDMN
January 28, 2025 at 6:10 PM
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One of my favorite niche corners of the Getty Images universe is photos of celebrities at gaming events. Feels kinda like being a kid and seeing your teacher at the grocery store
January 28, 2025 at 4:59 PM
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Is it time we let the Xbox peacefully pass on to gamer heaven? https://buff.ly/40rL7KY
January 28, 2025 at 4:30 PM
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Does Nvidia’s stock tend to bounce back after a big drop? Charting the evidence from history:
https://buff.ly/3WCKiy9
January 28, 2025 at 3:30 PM
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Womp womp: Here's how much money the world’s 500 wealthiest people lost in the “DeepSeekFreak” yesterday
That’s how much money the world’s 500 wealthiest people lost in the “DeepSeekFreak” yesterday, according to calculations from Bloomberg based on its Billionaire Index. The big tech selloff, brought on by the weekend buzz around DeepSeek-R1, a powerful Chinese artificial intelligence model that was reportedly trained at a fraction of the cost of its rivals, naturally hit CEOs of AI-adjacent companies more than anyone else. Jensen Huang, CEO of chip giant Nvidia, which shed $589 billion in the biggest one day monetary loss for a single stock in market history, saw $20.1 billion of his fortune wiped yesterday, while Oracle Corp. co-founder and potential new TikTok owner, Larry Ellison, saw his estimated wealth fall $22.6 billion — roughly 12% of his overall net worth. Don’t rush to restring your tiny violins just yet, however: Nvidia is up more than 3% in pre-market trading, and Oracle is clawing back a few percent too.
January 28, 2025 at 3:00 PM
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Among other things, the success of DeepSeek calls into question the way the AI industry has thus far prioritized scale: massive data centers, huge GPU hoards, and eye-watering capex https://buff.ly/3Wx0ocv
January 28, 2025 at 1:30 AM
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After its release late last week, the DeepSeek news spent the weekend percolating—and Monday morning, the shakeup finally hit: https://buff.ly/4ax6WxB
January 28, 2025 at 1:30 AM
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Americans bet more than $140 billion on sports last year:
https://buff.ly/3CCSzLo
January 27, 2025 at 7:30 PM
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Universal Music shares jump after announcing new Spotify deal
https://buff.ly/3CCc077
January 27, 2025 at 7:00 PM
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DeepSeek said it spent just $5.6 million to train its latest model. That’s just a small fraction of what its US competitors are spending: https://buff.ly/42wupgq
January 27, 2025 at 4:30 PM
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China’s DeepSeek turns AI on its head, with US tech stocks on track to lose $1 trillion in value: https://buff.ly/40u6VWB
January 27, 2025 at 2:42 PM
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Here’s how much traders think Microsoft, Meta, Tesla, and Apple are poised to move after earnings: https://buff.ly/4htyV3h
January 24, 2025 at 7:30 PM
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The job market is tough for new graduates — even if you dropped $200,000 on an elite MBA
https://buff.ly/42oUmOM
January 23, 2025 at 8:00 PM
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Here's what all your doomscrolling and bed-rotting added up to: 2.4 TRILLION hours were spent on social media in 2024
The main thing humans use their phones for is social media, and its not even close. App analytics firm Sensor Tower released is “State of Mobile 2025” report, which says that for all of 2024, consumers spent nearly 2.4 trillion hours on social media apps. Of the social media apps we wasted so much time on, not surprisingly, TikTok was the leader. Social messaging apps (led by Meta’s WhatsApp) were the number two category, with only 607 billion hours.
January 22, 2025 at 7:02 PM
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Netflix added 18.9 million subscribers, the company’s best ever quarter $NFLX
https://buff.ly/3CsKl8z
January 22, 2025 at 4:30 PM
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TVs don’t actually cost 98% less than they used to—and other inflation misconceptions:

https://buff.ly/42fTiwv
January 20, 2025 at 6:00 PM
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The threat of a TikTok ban is driving Americans to Duolingo to learn Chinese https://buff.ly/3PFTn5g
January 16, 2025 at 7:50 PM
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Whether you're an OpenAI cheerleader or a skeptic, the company has been a lightning rod for debate throughout 2024. We assembled an all-star crew of writers to offer their predictions on the future of a business that's quickly become a household name:
December 30, 2024 at 3:33 PM
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GameStop has also enjoyed an infamously unexpected second chapter—as a meme stock
December 20, 2024 at 3:10 PM