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6 days ago | 
sherwood.news | Millie Giles |Claire Yubin Oh
(Vatican Pool/Getty Images)The name Leo is already reaching record popularity. America: land of the free andthe home of the pope.
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2 weeks ago | 
sherwood.news | Claire Yubin Oh |David Crowther
Brian Niccol has a tough gig on his hands, with Starbucks shares dropping sharply after a weak quarter. Starbucks is promising a four-minute wait time for customers to get their grande latte, but investors might have to wait longer for the coffee giant to deliver the results investors were hopinh for when Brian Niccol took the top job at Starbucks in September 2024.
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3 weeks ago | 
sherwood.news | Claire Yubin Oh |Tom Jones
Even with ~$6 billion tea giant Chagee now in the mix, the current landscape still seems to be deterring bigger names. Strange as the timing may seem, given the broader geopolitical picture, many Chinese companies are seeing 2025 as the year to hit the US public market. Last week, tea giant Chagee soared 21% on its Nasdaq debut to hit a $6.2 billion valuation, while a flurry of tech firms are reportedly looking to follow suit, per Bloomberg.
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1 month ago | 
sherwood.news | Claire Yubin Oh |David Crowther
Meta Ray-Ban glasses (Getty Images)No — because they will cost at least $1,000. For years, tech companies have been trying to sell us on the idea of putting technology into stuff to put on our face. But historically, the hype for products like smart glasses has been short-lived. First came Google, with its “Glass” product proving all the way back in 2012 that people mostly wanted glasses simply to help them see.
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1 month ago | 
sherwood.news | David Crowther |Hyunsoo Rim |Claire Yubin Oh
President Donald Trump steps off Air Force One in Maryland, March 30, 2025 (Brendan Smialowski/AFP via Getty Images) Markets in Europe and China were modestly red, while Japan’s Nikkei 225 dropped 4%. David Crowther, Hyunsoo Rim, Claire Yubin OhThe final trading session of Q1 2025 is shaping up to be a microcosm of the three-month period that it will close out, with markets around the world turning red as investors second-guess US trade policy.
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2 months ago | 
sherwood.news | Claire Yubin Oh |David Crowther
Tesla is the worst, as of Tuesday’s close. This year's top performing stock is none other than CVS Health, which is leading healthcare stocks' healthy comeback in the S&P 500. The massive drugstore franchise has returned 46% to date this year, thanks to its fourth quarter that smashed Wall Street estimates.
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2 months ago | 
sherwood.news | Claire Yubin Oh |David Crowther
European Commission President Ursula von der Leyen speaks in Brussels on March 4, 2025 (Nicolas Tucat/Getty Images) The ReArm Europe Plan will likely be discussed with EU leaders at a special summit tomorrow. European defense stocks have jumped since Friday’s tense showdown in the Oval Office between US President Donald Trump and Ukrainian President Volodymyr Zelenskyy, as European leaders scrambled to adjust to the new world order over the weekend, pledging billions in new defense spending.
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2 months ago | 
sherwood.news | David Crowther |Claire Yubin Oh
52% of the S&P 500 has made gains in 2025. So far. Markets have turned red this week, with America’s flagship index, the SPDR S&P 500 Trust, shedding the last of its post-election gains as traders rushed to the exits on “Tariff Tuesday”, compounding Monday’s 1.8% fall. As companies and investors continue to digest President Trump’s trade policy, and the retaliatory measures it has inspired, investors are simultaneously re-evaluating the AI trade on the fly.
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2 months ago | 
sherwood.news | David Crowther |Claire Yubin Oh
Lucasfilm’s president Kathleen Kennedy onstage. (Photo by Kate Green/Getty Images). The latest trilogy made money, but some fans have tired of the constant deluge of Star Wars content since Disney’s 2012 acquisition. Yesterday, reports spread at lightspeed about the impending departure of Kathleen Kennedy, Lucasfilm’s longtime president. However, according to CNN, who spoke to sources familiar with the matter, that is in fact not the case — at least, there’s nothing formal to announce right now.
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2 months ago | 
sherwood.news | Claire Yubin Oh |David Crowther
What exactly does the company own? Shares in Berkshire Hathaway are up this morning, as investors react to a bumper set of results — operating profit rose 71% in Q4 — while also digesting the ever-growing cash pile at the conglomerate. Rainy day fund? Investors who pay heed to Buffett’s moves for insights into the broader market have been nervous about Berkshire’s growing cash hoard over the years, wondering if the mountain of cash reflects a tacit fear of a market fall.
