Matt Phillips

5 days ago | sherwood.news | Matt Phillips

Shares of online brokerage Robinhood Markets closed at their second-highest level ever on Monday, reaching a fresh 52-week high as tech shares outperformed the broader markets in a day of seesaw trading. (Sherwood Media is an editorially independent subsidiary of Robinhood Markets Inc.) Robinhood has been on a searing run that’s carried the shares up almost 100% since their April 8 low. The stock is now only 3% below its all time high of $70.39, reached in August 2021 shortly after its IPO.

5 days ago | sherwood.news | Matt Phillips

Palantir closed at a record high on Friday and made a run for another new high in early trading Monday, before weak reports on the US industrial economy seemed to soften up the market as a whole, taking Palantir down with it. A favorite of retail traders, shares of the defense data and AI software firm is vying with NRG to be the top performer in the S&P 500, with both up more than 70% year to date.

1 week ago | sherwood.news | Matt Phillips

Reporters with The New York Times laid out the growing scope of Palantir’s work with the federal government under the Trump administration, noting that the US has paid Palantir $113 million since President Trump took office, including funds from existing and new contracts (but not including the nearly $800 million contract expansion the Department of Defense awarded last week). The Friday report sheds new light on the performance of Palantir shares in the Trump 2.0 era.

1 week ago | sherwood.news | Matt Phillips

(CSA Archives/Getty Images)Nvidia’s report yesterday marked an informal end to the quarterly pageant of corporate profits. That’s a wrap, everybody. Nvidia’s quarterly report Wednesday marked the informal end to nearly seven weeks of SEC-approved earnings excitement. Long story short: the numbers were good. Earnings per share at S&P 500 companies rose 12.7% compared to the same quarter last year.

1 week ago | kalb.com | Matt Phillips

JENNINGS, La. (KPLC) - The Jennings Police Department is asking for the public’s help in locating a man accused of several sex crimes involving children. LJ Dietz, 31, is wanted on the following counts:First degree rape - victim under 13 years of age (3 counts)Carnal knowledge of a juvenile (12 counts)Police describe Dietz as being 5 feet 11 inches tall and weighing approximately 185 pounds.