KARK
– At least 16 homes were damaged by straight-line winds Wednesday in Sherwood
the National Weather Service ruled out a tornado as the cause
but heavy winds mixed with saturated ground and heavy leafy trees
Casey Richmond is sheltering loved ones after a tree fell on his girlfriend’s mother’s home on Cornflower Lane
“It was just complete chaos,” Richmond said
Richmond drove through the storm and even off-road to the home
Almost all of it happened along a single path
“I’ve never experienced something like this or seen damage from straight-line winds like this,” Richmond stated
The city of Sherwood is warning residents of unlicensed tree removal companies operating in the area
They asked people to do their research and never pay in advance
They also commit to increased patrols as they work to remove logs from the roads
Δdocument.getElementById( "ak_js_1" ).setAttribute( "value"
these are the actual most popular baby names so far in 2025
Whether it’s a short vacation or they’re jetting off to begin their career
show the future traveler you care with a meaningful graduation gift
National Teacher Appreciation Week begins May 5
take advantage of these freebies and deals
(The White House)BARGAIN BAROQUEShop this look: Buy cheap
faux gold dupes of Oval Office decorSome of the gold decorations in the Oval Office look..
very similar to items we found for sale on a Chinese marketplace
Since President Donald Trump moved back into the White House in January, it has undergone some major decorative changes. The Swedish ivy that perched upon the mantle has been replaced with golden vases from the White House collection
has just gotten noticeably more shiny and gold
Looking at photos taken in the Oval Office this week with El Salvadoran President Nayib Bukele
we noticed several decorative medallions applied to the marble fireplace
and the same ones stuck on the wall under portraits in gilded frames
ornate gold decorative medallions were added to the cornice around the ceiling
The fact that several copies of the same decoration were showing up in different spots (made of different material) made us wonder where these were sourced and what they were made of
A quick photo search on Alibaba showed many such “decorative appliqués” available in white and gold
We came across one item that looks very much like the ones all over the Oval Office
This “High-density Home Decoration Polyurethane Appliques Ornament PU Foam Veneer Accessories” from Guangzhou Homemax Decorative Material Limited on Alibaba is a dead ringer
The decorations are available in many colors: “matte white most
Between $1 and $5 apiece (but the minimum order is 50 items)
And that isn’t accounting for the steep 145% tariffs that Trump recently slapped on Chinese imports
it is certainly possible that Chinese manufacturers are copying a high-quality design from higher-end architectural suppliers
which provided the new decor to the White House
I messaged the owners of Guangzhou Homemax Decorative Material Limited
and a customer service agent named Ruth Fu quickly responded to my question about the item’s availability
I followed up to ask if that was indeed their product hanging in the Oval Office
The White House did not immediately respond to a request for comment
here is what the Oval Office looked like in November 2024
when President Biden met with the president of Indonesia:
Kohl’s has fallen more than 40% since Buchanan started the job in January
UnitedHealth reported spending $1.7 million protecting its C-suite
Bookings for China-to-US shipping containers are down 44.5% from the same time last year
New Treasury data shows a surge in border tax earnings from tariffs
though they still fall short of some figures Trump’s been touting
Stanley and Yeti’s distinctive insulated tumblers come from China
What these big cups could cost after trade war increases might cause you to spit out your drink
Luke Kawa4/21/25The “sell America” trade has reached levels not seen since the 1980sTraders are dumping US assets like mullets are back in style and “Endless Love” is topping the Billboard Hot 100
in part because it’s not an American asset
the US Dollar Spot Index (which tracks the greenback relative to major developed market currencies) has fallen by more than 5%
10-year Treasury yields are up more than 10 basis points
the last time this happened was September 1981
when the US economy was in the second leg lower of its double-dip recession
The company has high short interest and the stock has risen significantly in the past week
Its earnings report could be make or break for short sellers
Investors don’t think the V-shaped recovery in financial markets is poised to become a full-blown check mark
But neither do they fear a brisk return to a market in the kind of free fall markets endured in the sessions following the announcement of reciprocal tariffs on April 2
That’s the message from the options market, whose cautious tone has contrasted sharply with the blaring risk-on signals sent from the stock market
Cboe Head of Derivatives Market Intelligence Mandy Xu said
“We’re not seeing any upside chasing” in S&P 500 options
She flagged that the ratio between the implied volatility of 25-delta out-of-the-money S&P 500 call options versus at-the-money options (or call skew) has dipped
indicating meager demand for derivatives to capitalize on another leg back toward all-time highs over the next month
measured fear: investors aren’t buying crash insurance — as seen by the relatively low demand for very far out-of-the-money put options compared to ones that are closer to the index’s current price — but a comparable measure of put skew is well above call skew
It’s the first noteworthy divergence between put skew and crash insurance seen to date in 2025. As we recently wrote, traders have good reason to return to focus on run-of-the-mill risks rather than extremely large tail risks
given the Trump administration’s willingness to moderate trade policy in response to perceived financial distress
Relatively low call skew and rising put skew can have a fairly benign/positive interpretation: you don’t need to chase upside in the options market if you’ve already reengaged by buying stocks
you have a need to hedge downside risk again
Per Deutsche Bank strategists led by Parag Thatte
equity positioning is moving higher and closer to neutral among discretionary investors
while systematic investors are still very light relative to history
Put it all together and it’s a pretty nuanced picture of a US stock market that has been anything but nuanced lately
on a nine-session winning streak that seems poised to snap on Monday
The record two-day rise in Taiwan’s currency comes as the US dollar is precariously perched relative to global currencies
Luke Kawa16hTraders doubt the rally
But they don’t fear another crash.Investors don’t think the V-shaped recovery in financial markets is poised to become a full-blown check mark
US stocks opened well in the red amid fresh tariffs floated by President Donald Trump and a disorderly surge in Asian currencies, particularly Taiwan’s
but spent most of the day clawing back those losses before faltering into the close
The S&P 500’s nine-session winning streak was snapped with a 0.6% decline
The Nasdaq 100 gave back 0.7% and the Russell 2000 brought up the rear with a 0.8% drop
Every S&P 500 sector ETF outside of communication services and industrials closed in the red
punctuated by a big drop in energy stocks as OPEC+ agreed to boost production again next month
Shares of Netflix, Paramount, and other media giants slid after Trump claimed he’d slap a 100% tariff on foreign-made films to try to reverse Hollywood’s slowdown
Berkshire Hathaway shares slipped 5% after longtime CEO Warren Buffett said he’d be turning the keys over to his successor
Skechers stock jumped as much as 25% after the ’90s sneaker icon announced a $9.4 billion go-private deal with private equity firm 3G Capital
Hims & Hers popped after the company appointed Nader Kabbani, a longtime Amazon exec
Tyson Foods shares slid nearly 8%
one of the worst performers in the S&P 500
after the company posted mixed Q2 results and beef sales fell for the sixth-straight quarter
Marathon Digital shares fell after the company reported a dip in month-over-month bitcoin production
sending its stock down nearly 9% ahead of its upcoming earnings report
Gains on the day were led in part by Delta Airlines
Hims slips after market despite earnings, revenue beatThe company reported that it has 2.37 million subscribers
up 38% year over year but less than the 2.42 million analysts expected
Danielle O'Neil was named 2025-2026 Teacher of the Year for Springfield Public Schools
The event hosted by Foundation for Springfield Public Schools celebrated educators and support staff in the state's largest district
is a physical education teacher at Sherwood Elementary
Missouri native started her career with SPS in 2016 and taught at Pershing Middle School until 2018
She then taught for a year at Delaware Elementary from 2018-2019 before transitioning to her current role at Sherwood
"I believe that movement is for everyone and PE should be a bridge between school
I want my students to know that they are seen
and I want their families to feel that same sense of belonging," she said
I aim to create a culture where all students — regardless of background or ability — see physical activity as an essential and enjoyable part of life."
She has a bachelor's degree in physical education from Missouri State University and a master's degree from the University of Arkansas
More: SPS Teacher of the Year finalist Danielle O'Neil strives to be a 'light' for students
Four finalists were also celebrated during the event: Amanda Brown
third grade teacher at Sunshine Elementary; Rachelle Peak
communication arts teacher at Launch Virtual Learning; Tanner Schmidt
second grade teacher at Jeffries Elementary; and Heidi Stagner
O'Neil will compete in the Missouri Department of Elementary and Secondary Education’s regional competition
Winners at the regional level will advance to the Missouri State Teacher of the Year competition
who was recently hired by Fortune Fish & Gourmet
previously worked for massive food distributor Harvest Sherwood Food Distributors
distributor and importer Fortune Fish & Gourmet has hired seafood veteran Dennis Williams as its director of club and retail accounts
who was with the now-defunct food distributor Harvest Sherwood
confirmed his new position on LinkedIn [...]
Sign up for a trial to have access to our articles
Please check your inbox to reset your password securely and easily
Contact the author [email protected]
and the latest news from around the seafood world straight to your inbox
Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement (updated as of 1/1/21) and Your California Privacy Rights
The material on this site may not be reproduced
except with the prior written permission of Undercurrent News
When Amy Moreno-Sherwood stepped into her role as Director of the Broadening Opportunity through Leadership and Diversity (BOLD) Center in 2022
she brought with her not only a strong variety of experiences in higher education
but a personal understanding of what it means to navigate college as a first-generation student in STEM
she’s being recognized across the entire University of Colorado system for her unwavering commitment to equity and inclusion
Moreno-Sherwood is the recipient of the 2025 President’s Inclusive Excellence Award
one of the university’s highest honors for individuals who go above and beyond to build inclusive and empowering communities
The annual awards celebrate those who have made significant contributions to removing barriers and embedding inclusivity into the CU community
dean of the College of Engineering and Applied Science
said Moreno-Sherwood’s unwavering commitment has profoundly impacted the college community
“Amy’s leadership of the BOLD Center has elevated efforts to support engineering students of all backgrounds,” Molenaar said
“Amy’s dedication and innovative approach are truly inspiring
Her recognition with the President’s Inclusive Excellence Award is a testament to her exceptional contributions.”
Originally from Des Moines, Iowa, Moreno-Sherwood has called CU Boulder home since 2010, holding a variety of student-facing and leadership roles across campus before joining the College of Engineering and Applied Science in 2019
She earned degrees in Animal Science and Cultural Anthropology from Iowa State University
along with a master’s in Educational Leadership and Policy Studies and also holds a graduate certificate in Engineering Leadership and Management from CU Boulder
Moreno-Sherwood’s leadership of the BOLD Center has elevated efforts to support engineering students from historically marginalized backgrounds
the BOLD Center supports CU Engineering students to thrive personally and academically while preparing them to lead in an increasingly interconnected world
she leads the kind of program that helped shape her own journey in STEM
We sat down with Amy to talk about how her personal journey informs her leadership
what drives her work and why inclusion is more than a goal
My parents were working class and childcare wasn’t always accessible
but we were given the space to explore the world around us
nature and how things worked and I carried that with me
I was also the first in my immediate family to go to college
My mom got her GED and I remember being inspired by the teachers who believed in me
I always knew education could be life-changing
I ended up going to a research university not far from home
though I’d never set foot on the campus before
I was part of a multicultural scholars program and paired with a mentor I’m still in touch with today
Being in that program and studying science
just soaking up everything I could about the natural world
opened my eyes to how education could transform not only my life
“have you thought about working with students?” And that was the spark
I originally thought I’d become a secondary education teacher
but I kept coming back to higher education
It was a space where I could make an impact
helping others navigate access and gain opportunities
it impacts people and never feels complete
Amy’s willingness to share and support colleagues in inclusive excellence is so impactful to our collective growth in this area
I personally have learned much from her.”
“how can I improve the places and communities I’m a part of?” It takes intention
There are moments where you have to decenter yourself
really consider others’ perspectives and experiences
and that’s not always easy with the volume of work that there is to do
Sometimes the right or supportive thing is also the most uncomfortable or difficult thing
That’s why it’s so important to stay rooted in your values and keep going
I’ve had the privilege of working with many students
What keeps me going is that connection to their stories and dreams
When I reflect on my own college experience
I didn’t know I was first-generation until someone told me
I didn’t know I was navigating systems that weren’t built for me until I was in them
when I see students who show up at the BOLD Center with all the potential in the world
I want to make sure we’re creating an environment where they can thrive
Amy’s ability to foster community and create pathways for underrepresented voices to thrive is remarkable
Her contributions have not only enriched the CU Boulder community but have also inspired others to take actionable steps toward building a more inclusive environment.”
assistant dean for access & community Engagement
It’s easy to retreat or second-guess yourself when you’re navigating difficult decisions
process challenges with and stay rooted with
Patricia Gonzalez over at the College of Arts & Sciences to launch our Justice
Diversity & Inclusion Leaders Community of Practice
We wanted a space where people leading this work could come together and feel supported
our tagline remains: “you’ll always have a seat at our table.” Because there are times when you won’t be invited into certain spaces
Be able to communicate your values clearly and consistently
inspire authenticity and foster greater understanding
I am very grateful for the community in the BOLD Center and the college for validating the impacts and importance of our staff and faculty representing our students
I am cognizant of my background and positionality as a leader in our college
My hope is to inspire our students and staff to see themselves in leadership positions and work to achieve even greater success
Positive representation can also shift public opinion
foster greater understanding between different cultures and communities and affect resources
I want to ensure that the needs and perspectives of our community are reflected so that we can have more effective services
So many of our students are driven by a desire to solve problems they’ve experienced firsthand—lack of access
they need an environment that recognizes their experiences
Engineering impacts every corner of our world
And the best solutions are built when diverse voices and perspectives are at the table
you need spaces where people feel like they matter
where their ideas are welcomed and where they can develop the skills to collaborate across differences
it is critical to understand that it is not truly excellent unless it is inclusive
It’s been just over three years in this role and five with the college—it’s a joy
I think back to my own journey: setting foot on campus for the first time
not fully knowing what a major consisted of or what careers were even possible
Our students are coming in with different backgrounds
we’re focused on helping students feel seen
removing barriers and making sure people know they matter
We want students to graduate not just with degrees
but with a strong sense of self and community
It’s been so rewarding to see how the Center has grown into a place of connection and innovation
The work our students are doing: it’s going to change lives and impact the world
I can’t imagine my time at CU being the same without Amy’s guidance
She helped me navigate some difficult times in life and I want to thank her for being a huge part of that."
I want them to leave knowing: This place saw me
I hope they feel a stronger sense of who they are and what they’re capable of
That there’s a community behind them—cheering them on
celebrating their wins and showing up in tough times
That sense of belonging can make all the difference
they go on to shape the world in amazing ways
And I’m honored to be even a small part of that journey
I want to start with our staff and students at the BOLD Center who show up every day with authenticity
They generate hope and that hope is essential for this work
supporting peers or sharing their stories with industry partners
they’re showing what inclusive excellence looks like in action
You could name any one of them for their dedication to students
the relationships they build and the collaborations they spark
I’m also incredibly grateful to our college leadership for being willing to innovate and invest in this important work
It takes people in key places to say yes to new ideas and push for change
we’ve all worked hard to build something meaningful
Innovation and impact speak directly to the work we’ve been doing
And the recognition tells us we’re on the right track
It reminds us that inclusive excellence isn’t just a value statement
It’s about recognizing that people come in with different circumstances and that we have a responsibility to make sure everyone has a fair chance to thrive and succeed
we want to make sure that our organization and students are really set up for success by having all the resources we need to be sustainable
We are constantly enhancing our programming
scholarships and services that we’re offering for our students
I’m really excited knowing that we are a pivotal piece of student success not only for our college
I expect some big things to come in the future
Phone: 303-492-5071 Email: cueng@colorado.edu
University of Colorado Boulder
Privacy • Legal & Trademarks • Campus Map
University of Colorado Boulder
Data, defense, and AI software company Palantir is due to report results after the close of trading Monday, with the expectations priced into the shares — they’re flirting with record highs — implying a rock ’n’ roll result
And for good reason. The company qualifies as both a Trump trade and an AI beneficiary
nestling it in the sweet spot between two of the market’s favorite stories of the year
the Street expects the second-straight quarter of top-line (or revenue) growth of 36%
The forecast for non-GAAP earnings per share of $0.13 would represent an increase of 60% in profits
The market will also be closely watching the company’s ability to keep diversifying its business away from its single largest customer — the US federal government — and continue the momentum it’s seen in its software business selling corporations a secure approach to mapping their communications networks and connecting them to AI engines
An update to Palantir’s guidance for the rest of 2025 will be a major focus
the company announced full-year guidance on sales of $3.75 billion
besting the $3.50 billion analysts had penciled in
That was likely part of the reason the shares went parabolic in the after-hours trading session on February 3, when Palantir last reported
with sales declining in the double digits across much of Europe in April 2025 compared with April 2024
sales grew double digits in Norway and Italy
US data isn’t out yet but Tesla has already discounted its new Model Y, a move that suggests demand isn’t roaring.
US data isn’t out yet but Tesla has already discounted its new Model Y
Late last year, ChatGPT maker OpenAI announced it was restructuring its company to go from a for-profit controlled by a nonprofit “with a capped profit share for investors and employees” to a public benefit corporation that would run the show
Today, OpenAI announced the nonprofit would remain in charge
The for-profit LLC under the nonprofit will still become a public benefit corporation
CEO Sam Altman wrote in a letter to employees:
“We made the decision for the nonprofit to stay in control after hearing from civic leaders and having discussions with the offices of the Attorneys General of California and Delaware...
Instead of our current complex capped-profit structure — which made sense when it looked like there might be one dominant AGI effort but doesn’t in a world of many great AGI companies — we are moving to a normal capital structure where everyone has stock.”
CEO Sam Altman wrote in a letter to employees:
OpenAI would have to complete its transition to a public benefit corporation by the end of the year
SoftBank would only be on the hook for $20 billion
Most people who spend a lot of time on the web might realize they should be careful about what they search for
Your browser saves your history of what sites you’ve searched for and visited
and the pervasive ad tech on those sites tracks you across the web
But what about the chatbots you converse with daily
How easy is it to limit or remove your sensitive queries from your AI’s “memory”
That’s the question that The Washington Post asked when it tested out Meta’s new AI app. The testing found that it wasn’t easy to purge sensitive information from Meta AI’s chat history compared to OpenAI’s ChatGPT and Google’s Gemini app
Meta recently announced that “almost a billion” monthly active users are using Meta AI across its family of apps
And despite Meta’s assertion that it will try to not add sensitive topics to its “memory file,” columnist Geoffrey Fowler found that it had
Fowler also said the risk is not just that you might get shown ads for topics you chat with your AI about, but that your queries could be used to train their AI systems going forward.
That’s the question that The Washington Post asked when it tested out Meta’s new AI app. The testing found that it wasn’t easy to purge sensitive information from Meta AI’s chat history compared to OpenAI’s ChatGPT and Google’s Gemini app
“Meta says it tries not to add sensitive topics to your Memory file, but my tests found it recorded plenty — like fertility and payday loans. What’s worse, the Meta AI app does not give you the ability to prevent it from saving chats or memories. (The closest you can get is to use the Meta AI website without logging in.) Nor does Meta AI offer a ‘temporary’ mode
that keeps a conversation out of your history.”
Fowler also said the risk is not just that you might get shown ads for topics you chat with your AI about
but that your queries could be used to train their AI systems going forward
and Meta are still investing big in data centers and infrastructure to support their AI ambitions
The refreshed Model Y was supposed to spur more Tesla purchases but it’s already on sale
suggesting there isn’t as much pent-up demand as the EV company would have liked
Just weeks after launching the less expensive version of the Model Y, the company is offering reduced interest rates of 1.99% APR or $0 due at signing, Electrek reports
That’s right on the heals of another $2,000 discount Tesla offered to existing Model Y owners
“This equates to a direct discount on the brand new vehicle that was supposed to spark Tesla’s demand back,” Electrek wrote
pegging the value of the break at a “few thousand dollars.”
Industry experts had speculated that some of Tesla’s declining vehicle sales might have had to do with people waiting for the new Model Y to make a purchase. Discounts suggest that’s not the case.
Industry experts had speculated that some of Tesla’s declining vehicle sales might have had to do with people waiting for the new Model Y to make a purchase
with rising costs and shrinking margins forcing them to raise prices as consumers are already tightening their belts
Nike saw more than $12 billion in market value swoosh away as investors fretted over the sneaker giant’s inventory pileups and tariffs hitting its key manufacturing hubs in China
Victoria’s Secret warned last month that 10% tariffs on Chinese imports could cost $10 million to $20 million in operating income
Levi’s tried to downplay tariff troubles, as most of the denim giant’s spring and summer products are already in the US
But the supply chain of those “American” jeans involves Vietnam
More optimistically… analysts expect off-price retailers like TJX and Burlington Coat Factory to weather the tariff storm better since they typically stock up on merchandise that retailers already imported
It’s a race against the clock. Retailers that have placed orders are watching them sit in Chinese ports while they wait to see how the tariffs shake out. We’re also about to see imports arriving at US ports from China fall off a cliff
which means stores risk running out of stock just as consumers begin shopping for back-to-school materials and then the holidays
Wall Street is feeling the heat: the SPDR Retail ETF is down 12% this year
which includes retailers like Nordstrom and Foot Locker
is the worst-performing S&P 500 sector year to date
ChartrSubscribeSnacks provides fresh takes on the financial news you need to start your day. Chartr provides data visualizations on business, entertainment, and society. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply
(Angela Weiss/Getty Images)Robinhood results to shed light on volatile quarterThe stock plunged nearly 50% during the market rout before bouncing over 40% after Trump’s tariff pause
Stock and crypto brokerage app Robinhood Markets is on the docket for earnings Wednesday after the close
(Sherwood Media is an editorially independent subsidiary of Robinhood Markets Inc.)
The first quarter was a volatile one for the company
it reported strong Q4 results that sent shares to a post-IPO high of more than $65 on Valentine’s Day
the tariff-related sell-off for stocks and crypto began
Between February 14 and April 8 — the day before President Trump announced a “pause” on tariffs — Robinhood plunged nearly 50%
The hive mind of sell-side analysts expects the company to report $0.33 a share on revenues of $920 million
Those expectations have seen a major reduction
more than 20% off the highs hit in the immediate aftermath of February earnings
profit estimates for the S&P 500 as a whole came under the knife by less than 2%
the reaction of the stock Wednesday could be cued by the color of trading activity at Robinhood so far this month
“We expect positive commentary around the robust activity in early April as retail was often cited as net buyers in the first week post-U.S
tariff announcements,” they wrote in a note Tuesday
Disappointing such expectations can result in jarring moves for shares
Interactive Brokers dove 9% on April 16
and executives told analysts that they’d seen a decline in margin loans in early April
Jon Keegan4/30/25Microsoft earnings blow past estimates, shares up 6.5% after-hoursShares of Microsoft spiked more than 6.5% after the company beat earnings expectations
The tech giant reported revenue of $70.1 billion
easily beating FactSet’s analyst consensus of $3.22
Breaking down the results by the company’s businesses:
server products): $26.8 billion in revenue
📝 📊 “Productivity and Business Processes” (Microsoft 365
“Cloud and AI are the essential inputs for every business to expand output
we are innovating across the stack to deliver for our customers.”
Capital expenditures for the quarter were $16.7 billion
the industry has watched Microsoft closely as reports said the company was canceling leases for data centers
including pausing some projects mid-development
A retreat by Microsoft — which has $14 billion invested in OpenAI — could signal an oversupply of AI computing resources
stupid!” (Emma McIntyre/Getty Images)Is it really just the earnings
stupid?**in which “stupid” is a reference to the author
The major bounce-back in US stocks that started with tariff relief has received a welcome fundamental boost during this reporting period
Ahead of Q1 results, I hypothesized that this earnings season wouldn’t really be about earnings. It would be about tariffs: whether companies saw a rush of activity from customers trying to beat the imposition of levies and how their outlooks had changed in light of the upheaval to trade — if they deigned to even offer an outlook at all
had the potential to be a bit of a head-fake about a world that was no longer going to exist
Companies that do well aren’t seeing their stocks soar
perhaps because of that aforementioned line of thinking or because the solid results came along with underwhelming guidance
“Companies which have beaten on both EPS and sales have outperformed the S&P 500 by 0.2ppt the following day
well below the historical average of 1.5ppt — suggesting 1Q results matter less amid looming uncertainty over tariffs/the macro and the potential impact on the rest of the year,” wrote Savita Subramanian
head of US equity and quantitative strategy at Bank of America
“Misses have underperformed by 3.9ppt the subsequent day
more than the historical average of 2.5ppt.”
But that may be missing the forest for the trees here when it comes to telling another simple story about earnings season: it’s been really good
earnings have surprised to the upside by a colossal amount
profits per share have exceeded expectations by a whopping 9.3% among S&P 500 companies that have reported
That’s the best in at least the past couple years, and contrasts wildly with what analysts had been doing in a frenzied fashion ahead of earnings season: chopping estimates more often than they had since Covid
are exceeding expectations by much less than earnings
What this tells us is that companies were great at managing margins (yet again!)
maximizing their earnings for every dollar of sales
This may become a challenge in the event that tariffs push input costs materially higher
But markets are always (supposedly) forward-looking
And what they seem to be looking forward to is a world where tariffs aren’t as high as traders would have feared a few short weeks ago
and Corporate America is in a much better starting position than previously thought to grapple with whatever awaits
(Chris Delmas/Getty Images)WASTEDGaming savior “GTA 6” just got pushed back to next year
sending Take-Two stock plunging“Grand Theft Auto VI” was set to be the biggest release of 2025
Fans will have to wait a little longer to play the biggest game of the decade
Take-Two Interactive on Friday morning announced that it’s delaying the release of “Grand Theft Auto VI” — a game expected to break $1 billion in preorder sales alone — from fall 2025 to May 26
Some researchers have forecast $3.2 billion sales for “GTA 6” in its first year — a figure that would roughly double 2024’s top box office performer
“We need this extra time to deliver at the level of quality you expect and deserve,” Take-Two’s label, Rockstar, said in a statement
Expect competitor gaming studios to start rapidly announcing fall release dates; many were delaying or holding off on setting official dates in the chance they became overshadowed by the massive game
More BusinessSee all BusinessMax KnoblauchBuilt Ford Rough4hFord suspends 2025 guidance
expects a $1.5 billion tariff hit this yearThe automaker
more insulated from tariffs than many rivals
reported its first-quarter earnings on Monday
Analysts at UBS have been looking at the performance of the big three cloud computing businesses: Google Cloud, Amazon’s AWS, and Microsoft’s Azure
Azure is beating its rivals, showing a strong 66% sequential revenue growth in its Q1 earnings
UBS thinks a combination of different factors could be at play:
An increase in enterprise customers finally migrating to the cloud
Migration of Microsoft legacy server customers to Azure
Customers flocking to Azure’s “industry-leading” stack for AI services
Partner OpenAI may have made a substantial Azure commitment
The chunky shoe icon is leaving Wall Street after 26 years on the market
United Airlines flights account for roughly three-quarters of the air traffic in and out of Newark Liberty International Airport
Over the weekend, the carrier announced it’s cutting 35 round-trip Newark flights, or about 10% of its daily schedule at the airport. In an online statement, United CEO Scott Kirby cited air traffic controller understaffing and outdated FAA technology as the reason for its decision:
“This particular air traffic control facility has been chronically understaffed for years and without these controllers
it’s now clear — and the FAA tells us — that Newark airport cannot handle the number of planes that are scheduled to operate there in the weeks and months ahead.”
More than a third of Newark’s flights were delayed Sunday as tech failures and a closed runway continued to weigh on America’s 14th busiest airport
Transportation Secretary Sean Duffy is expected to announce a multibillion-dollar FAA modernization proposal this week
Hims & Hers appointed Nader Kabbani, a longtime Amazon executive who most recently worked at the robotics company Symbiotic, as its next chief operating officer, the company said Monday morning
Hims was down 0.8% shortly after the market opened
The company is set to report earnings for the first three months of 2025 later today
Investors are eager for more information on how its weight-loss segment is doing after the FDA declared the shortage of popular GLP-1 weight-loss drugs is over
limiting its ability to sell copycat versions
(Spencer Platt/Getty Images)Robinhood shares waver after posting Q1 beatThe brokerage has had a volatile quarter
Retail brokerage platform Robinhood Markets posted Q1 earnings that beat Wall Street expectations
sending the shares initially up and then down in the after-hours trading session
(Full disclosure: Sherwood Media is an editorially independent subsidiary of Robinhood Markets Inc
I own Robinhood stock as part of my compensation.)
Revenues hit $927 million in a volatile quarter for the company
beating Wall Street expectations for $920 million
exceeding the forecast for $0.33 per share
Transaction revenues rose 77% from Q1 2024 levels
driven largely by increases in cryptocurrency and options trading activity
though such revenues were down from levels seen at the end of 2024
Robinhood shares have been volatile outperformers in early 2025
while the Nasdaq Composite is down roughly 10% and the S&P 500 is lower by 5%
(Brandon Sloter/Icon Sportswire via Getty Images)SoFi jumps on Q1 beat and raiseThe midcap fintech firm had been a laggard this year
SoFi Technologies is up in the premarket session after posting a good old-fashioned beat and raise that helped allay concerns over how rising interest rates and falling consumer sentiment would register in the fintech firm’s financials
And non-GAAP earnings per share of $0.06 doubled the consensus call for $0.03 a share
The company was also GAAP-profitable — that is
using the stricter accounting rules that often don’t figure in the Wall Street estimates — for the sixth consecutive quarter
SoFi also hiked it financial guidance as well
raising full-year GAAP profit guidance to between $320 million and $325 million in 2025
as well as raising guidance for a range of other business metrics
If the shares hold on to their healthy premarket gains Tuesday
it will add to the recent romp that pushed them up 20% over the last seven sessions
Please select what you would like included for printing:
Copy the text below and then paste that into your favorite email application
the only child of Max and Josephine (Stevens) Sherwood
David would later move to Minnesota where he became a prominent Twin Cities activist
David didn’t just talk about change; he would take the lead and pave the way
He was a leader; a man of integrity that people were proud to follow
David had a passion for people with disabilities and this became the focus of his career
One of the greatest sources of pride for him was his role at the MN Dept of Economic Development (DEED) where he led a subcabinet that spanned multiple state agencies to both write and implement the Minnesota Olmstead Plan
This plan would change the future for people with disabilities in Minnesota
empowering them to live full integrated lives with freedom of opportunity and choice
It was during his time with the Legal Aid Society of Minnesota where he met the love of his life
1983 and spent a life supporting each other’s passions and dreams
David’s greatest passion in life was for his wife
they would pack up and spend time together in a cabin on the Minnesota north shore
they were blessed to share the trip as a family
He loved his family most of all and he worked hard to make that love connection with each of them
These are memories that they will cherish forever
Funeral Services will be held at 11:00 a.m.
A visitation will be held one hour prior to the service at the church
Interment at Elim Lutheran Cemetery in Scandia
Enter your phone number above to have directions sent via text
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply
Service map data © OpenStreetMap contributors
Sherwood also surpassed his career highs in goals
let’s break down each of Sherwood’s stats from 2024–25 and predict whether he’ll finish next season with over or under
Will Sherwood play over/under 14:53 per game?: Yes
Will Sherwood have over/under 64:25 on the power play?: No
Will Sherwood have over/under 113:42 on the penalty kill?: Yes
One of Sherwood’s stats from this season that may go unnoticed is his TOI. In the 78 games he played in, Sherwood played 1161:21, which averages out to a career-high 14:53 per game. While the Canucks’ roster has seen lots of movement this season
Sherwood’s total minutes are still the tenth-highest of all skaters
He also has the eighth-highest power play TOI of skaters still on the team by the end of the season with 64:25
he had the third-highest minutes played of all forwards
While free-agency signings will impact the team’s TOI breakdown
Sherwood’s dependability on all sides of the ice makes him a strong candidate for a boost in minutes
Sherwood’s TOI stats could reach another career-high
Will Sherwood score over/under 19 goals?: Over
Will Sherwood score over/under 21 assists?: Over
Sherwood was still given some offensive matchups and minutes this season
Sherwood could utilize his strong forecheck to wrangle a role as a finisher on one of these two lines
Will Sherwood make over/under 460 hits?: Under
As great as it would be to see Sherwood smash another NHL hit record
Crossing stats from the first and last ten games of the season
it’s clear the hit total took a toll on Sherwood
making this an average of 6.7 hits per game
While he did play ten less games that season
nearly 2.5 less than his average from 2024–25
Placing first in the NHL in hits again isn’t out of the picture
but making 460 in back-to-back seasons is highly unlikely
Main Photo Credit: Bob Frid – Imagn Images
It is not the San Jose Sharks or Chicago Blackhawks
Despite a fourth straight trip to the Stanley Cup Playoffs
the Los Angeles Kings have decided it’s time for a change in the front office
It’s time for another round of NHL rumours
We’re now into the second round of the Stanley Cup Playoffs
As the Philadelphia Flyers miss out on another postseason in 2024-25
preparations for next season have already begun
$900MRani Molla5/2/25Tariffs could add $900 million to Apple’s costs in the quarter ending in June
CEO Tim Cook said during the company’s earnings call yesterday
The big asterisk is that the $900 million number assumes “current global tariff rates
policies and applications do not change” for the remainder of the quarter — a big if
With that $900 million hit to its cost of goods sold in mind
Apple expects a gross margin between 45.5% and 46.5% next quarter
on revenue that it expects to grow “low- to mid-single digits year-over-year.”
(VCG/Getty Images)Bookings for China-to-US shipping containers plungeBookings for China-to-US shipping containers are down 44.5% from the same time last year
The dramatic effects of President Trump’s global trade war are starting showing up in the data
Looking at the signals around Chinese imports to the US — which are subject to a whopping 145% tariff for most goods — we’ve already seen some alarming data. The volume of shipping containers forecast to arrive at the Port of Los Angeles is falling off a cliff
Looking at the actual bookings for shipping containers coming from China to the US (known as twenty-foot equivalent units
According to data from supply chain analytics firm Vizion
bookings for China-to-US TEUs for the week of April 13 are down 44.5% from the same period last year
Vizion’s report on the latest data underscored the speed and depth of the decline:
“Between the week of March 24 and April 14
dropped from 134,911 to 81,239 TEUs — a sharp 39.9% decrease in just three weeks
The decline highlights the severity of the market’s reaction to the April 4 and April 5 tariff announcements
as shippers paused new movements mid-cycle to reassess cost
Looking at both the shipping bookings and the volume of containers arriving at ports
then pulled back sharply as new tariff policies introduced widespread uncertainty
visible in booking data well before they appear at ports or in customs reports
highlight the importance of early indicators in a rapidly changing trade environment.”
Mark Zuckerberg at UFC 300 at T-Mobile Arena on April 13
in Las Vegas (Jeff Bottari/Getty Images)The AI trade catches fire after Microsoft
Meta earnings reportsLooks like optimism has taken over this afternoon
Traders jumped headfirst into the AI trade after-hours on Wednesday, following glowing earnings reports from Meta and Microsoft
Meta, for one, said it would spend more on AI-related data centers than the already gargantuan amount it had planned to
partly because it expects to do more data center projects and partly because it expects to pay higher prices for the infrastructure hardware
Meanwhile, Microsoft posted blowout earnings that sent the stock soaring after-hours
with CEO Satya Nadella continuing to hammer home the importance of AI and the company’s capex for the quarter coming in 52% higher than the same quarter a year earlier
AI-adjacent names that were up in recent after-hours trading:
Nvidia ⬆️ 3.2%
Super Micro Computer ⬆️ 0.8%
Arista Networks ⬆️ 6.3%
Arm Holdings ⬆️ 1.7%
Vistra ⬆️ 2.4%
GE Vernova ⬆️ 1.6%
Jon Keegan5/1/25Amazon slides on light Q2 guidance, despite earnings beatAmazon beat earnings expectations for Q1
but the tech giant forecast operating profit for the current quarter that undershot Wall Street’s expectations
as the company forecast Q2 sales of $159 billion to $164 billion (a midpoint of $161.5 billion) and operating income of $13 billion to $17.5 billion
Analysts are calling for sales of $161.21 billion and operating income of $17.62 billion
Amazon blew past analysts’ revenue expectations with $155.7 billion of sales
The FactSet analyst consensus was $155.1 billion
Ad revenue jumped 18% year on year to $13.9 billion
A view shows “The Farnese Bridge,” a participatory monumental cardboard installation by French artist Olivier Grossetete
over the Tiber river (Filippo Monteforte/Getty Images)There’s a record disconnect between rising stocks and skittish volatility marketsThe S&P 500’s streak of seven straight sessions in the green while the front of the VIX futures curve stays inverted is the longest such run on record
The raucous recovery in US stock markets has yet to be validated by volatility markets
the signals being sent between these two asset classes have never conflicted for as long as they have recently
The S&P 500 has gained for seven straight sessions
the front of the VIX futures curve has remained inverted — that is
the front-month future has been trading above the second-month future
The front of the VIX futures curve has been in that term structure for the past 23 sessions
suggesting (loosely) that the S&P 500 is expected to be more volatile over the coming month than the month after that
which tracks the 30-day implied volatility of the S&P 500 using out-of-the-money options prices
That’s because markets are usually going up
and the time that we should be concerned about stocks falling is at some undetermined time in the future
An inverted VIX curve is a signal that the time for worry is now
a signal that the worst of the momentum breakdown and tariff-enhanced recession fears are in the rearview mirror
the volatility markets are telling traders to stay on guard while the price action in the stock market is suggesting that worry is steadily melting away
The seven consecutive sessions of the S&P 500 rising while the front of the VIX curve stays inverted is the longest such streak on record going back to the introduction of VIX futures in 2004
“Some like to anthropomorphize the VIX by referring to it as the fear index
but what it really captures is the current health of the market,” said Dave Roberts
an independent trader of volatility and vol products
the inverted curve is still signaling we are in a bear market environment where stocks are susceptible to sharp drops.”
The next-longest streak of this nature came in February 2018, after the blowup of two exchange-traded products that allowed traders to bet on market calm had a scarring effect on volatility markets that outlived the impact on the stock market
A high VIX means stocks are being priced to move a lot — up or down
pricing high implied volatility along with an inverted VIX curve has tended to coincide with markets going down
(Justin Sullivan/Getty Images)Tumbling into oblivion: This product is arguably the most uniquely screwed by the tariffs on ChinaStanley and Yeti’s distinctive insulated tumblers come from China
Recently we took a deep dive into trade data, looking at what goods we imported almost exclusively from China
One of the top categories of goods was described in the weird
verbose language of international trade as:
"VACUUM FLASKS AND OTHER VACUUM VESSELS
COMPLETE WITH CASES; PARTS THEREOF OTHER THAN GLASS INNERS."
Turns out that the US imported more than $1.6 billion worth of vacuum flasks and parts in 2024
and China supplied 96% of our imports of this category
Basically this category covers metallic insulated bottles
These happen to be really complicated things to make
as you can see from this oddly fascinating video (do yourself a favor and turn the sound off):
One of the most successful companies in this category is Stanley. The privately owned, 112-year-old brand is probably most well known for a single product that became an unlikely hit and was even the target of a “Saturday Night Live” skit poking fun at the popular “big dumb cups.”
Stanley even has its own official loyalty program featuring early access to new tumbler “drops,” with special perks for superfans who collect the most points
Buyers can customize their Quencher Flowstate Tumblers with 32 different colors
along with custom graphics and engraved monograms
Ship manifest data from ImportYeti shows that in the past year
PMI Worldwide — Stanley’s parent company — imported vacuum flasks via sea shipments mainly from suppliers in China
with a smaller amount coming from Vietnam and Thailand
While the company may have other suppliers delivering goods over land or via air shipping that would not show up in this data
having such reliance on Chinese suppliers for its star product could cause some pain for the company
A 40-ounce Quencher H2.0 Flowstate Tumbler (in Cornflower Gloss) sells for $45 on Stanley’s website
If subjected to the full 145% tariff on Chinese imports
a price that even Stanley die-hards might find hard to swallow
Another company that may not be insulated from the effects of President Trump’s tariffs is Yeti
In 2024, Yeti’s total revenue was $1.83 billion, and 60% of that (just over $1 billion) came from its drinkware line, most of which features mugs and tumblers with “kitchen-grade, 18/8 stainless-steel, double-wall vacuum insulation,” according to the company’s 2024 annual report
The company said that it does not own any of its own manufacturing facilities, and that just two manufacturers made up 74% of its drinkware supply in 2024. ImportYeti data (no relation) also shows that the vast majority of Yeti’s sea shipments of vacuum flasks originated from China
Yeti warned in its annual report about the significant negative impact higher tariffs could have on the business:
“Tariffs have the potential to significantly raise the cost of our products
there can be no assurance that we will be able to shift manufacturing and supply agreements to non-impacted countries
The company also predicted that steep tariffs would eat away at profit margins:
we may suffer margin erosion or be required to raise our prices
negatively impact our results of operations
the imposition of tariffs on products that we export to international markets could make such products more expensive compared to those of our competitors if we pass related additional costs on to our customers
which may also result in the loss of customers
Yeti’s Rambler 64-ounce insulated water bottle in “key lime” sells for $65 on the company’s website
If the full 145% tariffs were applied to this bottle
Yeti and Stanley did not respond to a request for comment
(Kevin Carter/Getty Images)Airbnb beats expectations
but stock drops on US travel uncertaintyAirbnb said it has seen softness in demand for travel in the US
but that was offset by international demand
Short-term rental giant Airbnb is down more than 5% in after-hours trading as it cited “softer results” in the US
despite reporting quarterly results that beat analysts’ estimates thanks to steady demand for international travel and more in-app booking
Airbnb reported adjusted earnings per share of $0.25
compared to the $0.23 analysts polled by FactSet were expecting
slightly higher than the $2.26 analysts were penciling in
Gross bookings — the amount of money people spent on the platform — came in at $24.5 billion for the quarter
in line with the Street’s estimates and up from $22.9 billion in the same period last year
Airbnb also reported some payoff for work it’s done improving its mobile app
with a growing share of nights booked coming from the app
The company said it saw strong demand for travel in Latin America
the company saw “relatively softer results
which we believe has been largely driven by broader economic uncertainties.”
Airbnb said it expects to make between $2.99 billion and $3.05 billion in revenue in the second quarter of 2025
“By offering guests a wide range of listings around the world and providing hosts economic opportunity
we believe our model can adapt to periods of consumer uncertainty,” the company said
It also bought back $807 million in shares in the first quarter
leaving $2.5 billion remaining under its $6 billion repurchase authorization
Airbnb’s peer, Booking Holdings
also reported results on Wednesday that solidly topped analysts estimates
but still saw its shares decline as investors worry about what the macro environment could mean for travel for the rest of the year
Confirmation that China is open to trade talks with the US along with better-than-expected US job growth in April fueled another day of gains for stocks
and the Russell 2000 booking a 2.3% advance
The S&P 500 has now reclaimed all of its losses since the April 2 reciprocal tariffs announcement
It’s the first set of back-to-back weekly gains in excess of 2% for the benchmark index since October 2022
And the S&P 500 has now equaled its record stretch of consecutive gains while below the 200-day moving average with nine days
Every S&P 500 sector ETF rose at least 1% except for consumer staples and utilities
The big day for stocks came despite retreats from the two Magnificent 7 constituents that reported earnings after the close on Thursday
Five Below was one of the major positive surprises of the day, raising its first-quarter guidance despite facing intense operational challenges linked to its supply chains in China
AppLovin also rose double digits after Wedbush suggested the stock could be a huge beneficiary of a recent court order that stops Apple from collecting commissions on off-app purchases
Strategy’s big earnings miss and light revenues didn’t stop traders from bidding up the stock
Instacart rose on the heels of solid Q1 results that included impressive order growth
Palantir shares finished just shy of a record closing high after reports that the White House is looking to boost defense spending
Duolingo posted strong earnings and upped its full-year forecast
Thanks for visiting
The use of software that blocks ads hinders our ability to serve you the content you came here to enjoy
We ask that you consider turning off your ad blocker so we can deliver you the best experience possible while you are here
the S&P 500 and Nasdaq 100 were each down more than 2%
But stocks managed to hurdle those challenges over the course of the day and accelerated into the close
perhaps buoyed by month-end rebalancing activity
the S&P 500 and Nasdaq 100 ended in positive territory
It’s the biggest intraday loss the benchmark US stock index has erased to finish positive since October 13
Some of the big gainers included Seagate, Trane, and Western Digital, all on earnings, which have generally surprised to the upside in a big way so far this reporting period
But there were also some negative reports of note:
Norwegian Cruise Line shares sank after the cruise operator missed first-quarter estimates
as both ticket sales and onboard spending cooled
Etsy shares slid nearly 6%, even after the craft-based online marketplace posted solid Q1 revenue, but swung to a loss after taking on charges from the sale of its instrument marketplace
Shares of Oddity Tech surged 30% after the AI-savvy beauty company delivered a standout Q1, easily topping expectations and skirting tariff fears
Snap shares tumbled — despite beating analyst expectations yesterday — after the social media app warned that de minimis shipping changes may already be hurting its advertising business
Shares of First Solar, the largest US manufacturer of solar panels and modules, fell about 8% after the company said it expects to pay up to $90 million in tariffs this year
Starbucks slumped after posting a revenue and earnings miss along with a larger decline in same-store sales than analysts had penciled in
Super Micro was the biggest sore spot on a sunny day, falling double digits after it released quarterly results that fell far short of expectations
Shares of Jeep maker Stellantis and luxury giant Mercedes-Benz slipped after both automakers pulled their full-year guidance
Luke Kawa4/29/25The Nasdaq 100 just erased all of its losses since the reciprocal tariff announcementThe Nasdaq 100
the tech-heavy gauge of the biggest nonfinancial US companies
has now completely recovered all of its losses since the close on April 2
the last session before reciprocal tariffs were unveiled
The gauge reclaimed that closing level late on Tuesday afternoon on an intraday basis
It was a drop of as much as 15.5% in just three sessions
and now a recovery of 18.4% off of those lows
Palantir, Strategy, and Netflix have been the three top performers since the Rose Garden announcement
up between roughly 20% and 35% in under a month
Meta needs more AI infrastructure, so its capital expenditures this year will be higher than it previously guessed. In the company’s latest earnings report, which beat analysts’ expectations
Meta said its 2025 capex bill will now be about $64 billion to $72 billion
a higher and wider range than the $60 billion to $65 billion it had previously forecast
“We expect this significant infrastructure footprint we are building will not only help us meet the demands of our business in the near term
but also provide us an advantage in the quality and scale of AI services we can deliver,” CFO Susan Li said during the earnings call
Investors loved Meta’s report, with the stock shooting up 6.8% premarket. Combined with a rosy earnings from hyperscaler Microsoft, the capex announcement also sent AI stocks higher
is not just “additional data center investments to support our AI efforts,” but also “an increase in the expected cost of infrastructure hardware.”
Li wouldn’t break down what portion of the growth was coming from expansion versus higher costs
“The higher costs we expect to incur for infrastructure hardware this year really comes from suppliers who source from countries around the world
And there’s just a lot of uncertainty around this
And so that is both reflected in the wider range that we are giving
And we’re also working on our end on mitigations by optimizing our supply chain
And our outlook is really trying to reflect our best understanding of the potential impact this year across all of that uncertainty.”
tariffs are going to make building AI infrastructure more expensive
since many of the parts and equipment are sourced from places like China
cofounder and CEO of Spotify (Presley Ann/Getty Images)Profits tripled
and record Q1 free cash flow — so why is Spotify sinking?Spotify’s earnings had a lot to like
but near-term “noise” might be dampening investors’ appetite for the music streaming stock
This morning, Spotify reported that it had 678 million monthly active users at the end of Q1
making 1 in 12 people on earth a user of the green streaming machine
Paid subscribers to the music platform also rose 12% to some 268 million
helping drive the company’s operating profit to €509 million — more than triple the figure notched in the same quarter a year ago
as the company’s continued focus on profitability nearly makes up for years of consistent losses
Spotify’s stock is down sharply in early premarket trading as traders ditch SPOT after comments made by the company’s CEO and a weaker user growth forecast
In the press release detailing the Q1 results
cofounder Daniel Ek said that “the short term may bring some noise
but we remain confident in the long-term story
and the direction we’re heading in feels clearer than ever.” That comment
coupled with a forecast for monthly active users to hit 689 million in Q2
appears to be enough to shake confidence in the growth story at Spotify
Wall Street estimates compiled by FactSet reveal that analysts were expecting Spotify to get to ~695 million monthly active users by the end of Q2
but Spotify’s guidance implies just 2% MAU growth relative to where things were at the end of last year — a less exciting trajectory than Wall Street had anticipated
On Monday, Spotify announced that it had already paid out more than $100 million to creators in the first quarter of 2025
Spotify has been doubling down on incentivizing creators to publish on the platform with revenue-sharing agreements
More details are expected on the earnings conference call at 8 a.m
(Artur Widak/Getty Images)Chart: Tesla’s profits would evaporate if not for these regulatory creditsTrump has threatened federal support for EVs
Last quarter was bad for Tesla
but it would have been much worse had it not been for the money the company gets from regulatory credits
gets a surplus of them from the government at no cost and then sells them to automakers that don’t meet regulatory requirements
Tesla brought in $595 million in regulatory credits revenue
it represents 145% of Tesla’s $409 million in net profit last quarter
Tesla’s profit fell 71% last quarter compared to a year earlier; meanwhile
The Trump administration of course has threatened to end support for electric vehicles, something Tesla CEO Elon Musk had said he supports
has helped Tesla’s finances look a lot better than they would have otherwise
Late last year ChatGPT maker OpenAI announced it was restructuring its company to go from a for-profit controlled by a nonprofit “with a capped profit share for investors and employees” to a public benefit corporation that would run the show
The for-profit LLC under the nonprofit will still become a Public Benefit Corporation
Sam Altman wrote in a letter to employees:
Instead of our current complex capped-profit structure—which made sense when it looked like there might be one dominant AGI effort but doesn’t in a world of many great AGI companies—we are moving to a normal capital structure where everyone has stock.”
Sam Altman wrote in a letter to employees:
otherwise SoftBank would only be on the hook for $20 billion
He was a son of the late William Harry and Elsie Hall Smith
He enjoyed reminiscing about his time living in Conway
Eddie had a sense of humor and loved making others laugh
He was always quick to lend a helping hand
Charles Smith and Barry Smith (Natalie); one daughter
Andrea Mackessy (Shaun); nine grandchildren
Riggs Smith and Adalynn Mackessy; two brothers
Billy Smith (Louella) and Richard Smith (Mae); one sister
Carol Kitchens (Cliff); and many beloved nieces and nephews
Eddie was loved by many and will be deeply missed by all
A celebration of Eddie's life will be held at a later date
Memorials may be made to the American Cancer Society or a charity of one's choice
Tornado Watch until 5 PM for portions of west and southwest Arkansas. Stay weather aware!
FORECASTSEND US YOUR PICTURESOngoing investigation into Sherwood house fire after fatality confirmed by officialsby Kylon Williams I Payton Dhooge
The Sherwood Fire Department has confirmed that one person died in a house fire on Sunday
Officials say when they arrived at the scene of the fire
Firefighters were able to rescue them from the home but they died from injuries later in hospital
and a cause of death investigation has been launched
The Sherwood Fire and Police Departments are responding to a structure fire in the area of Rocky Creek Court
They are asking for everyone to avoid the area
This is an ongoing incident and more details will be released as the become available
It now expects sales between $4.5 billion and $4.6 billion
after predicting sales between $5.0 billion and $6.0 billion
Its forecast earnings per share are now $0.16 to $0.17
well under the prior guidance of $0.36 to $0.53
“During Q3 some delayed customer platform decisions moved sales into Q4.” The stock is down 16% after-hours
“This is a hostile and political act by Amazon,” White House Press Secretary Karoline Leavitt said at a press conference this morning
REPORTER: Amazon will soon display a number next to the price of each product that shows how much the Trump tariffs are adding. Isn't that a perfect demonstration that it's the American consumer who is paying for these policies?LEAVITT: This is a hostile and political act by Amazon.[image or embed]
Leavitt also said, holding up a printout of a Reuters article from 2021
“Amazon has partnered with a Chinese propaganda arm
This is another reason Americans should buy American.”
Amazon subsequently partly denied the report, telling Washington Post reporter Jeff Stein it never considered doing so on its main site
“The team that runs our ultra low cost Amazon Haul store has considered listing import charges on certain products
This was never a consideration for the main Amazon site and nothing has been implemented on any Amazon properties.”
Temu recently made a similar move
(Artur Widak/Getty Images)Consumers tried to unload a record number of Teslas in MarchTesla’s used US inventory grew faster than any other automaker’s
Tesla is a smaller automaker than some of its competitors
but even on an absolute basis the rise in vehicles listed for sale was striking
with about 5,300 more for sale than a year earlier
Supply of used all-electric competitors Rivian and Lucid was down
More recent data from Gallup showed that interest in electric vehicles generally has shrunk the most among the people most likely to buy them in the first place
that data didn’t specify how Tesla might be affecting people’s interest in EVs overall
Goldman Sachs referred to this unrelenting retail bid as one of the “three constructive dynamics that are occurring in the market right now.”
“Retail buyers haven’t blinked (and likely won’t unless you start to see unemployment rate tick higher),” Managing Director John Marshall wrote
This cohort has become a more active part of the market during the recent rebound in major indexes
The other two constructive factors, per Marshall, are that “earnings have been fine” (with a special shout-out to Alphabet) and that getting through earnings means corporates are poised to ramp up buybacks
“The April to May corporate repurchase window is historically strong,” he wrote
“This two-month period is the third-best of the year with 20% of executions.”
Due to recent events, you can now leave online condolences with each obituary posted on the Kutis Funeral Home website. COVID-19 Funeral Assistance – FEMA is now helping those that have lost a loved one from COVID-19. Click HERE to review the information on eligibility and requirements on the COVID-19 Funeral
Dear step-father of Lisa (Matthew) Pavia-Higel
A memorial pickleball tournament and celebration of life will be held at a later date
donations to the Gateway Region YMCA appreciated
Tom spoke of you many times in great regard
Tom was a natural born teacher when it came to tennis
He was a very competitive person who was his worst critic
I always laughed when he started to talk to himself after missing a shot
Rest in peace my friend and may God open his gate to your spirit
specifically at the Riverchase Y in Fenton
One of the gals I was talking with yesterday said even though she only played with him a few times
playing with him was like playing with your buddy for 10 years…so true
Eternal rest grant unto him O Lord and may perpetual light shine on Him
Loved playing pickleball with Tom always encouraging and complimenting of my game
He will be missed by those of us who played with him
Can’t imagine the void his absence will leave for his family
He challenged my thinking and encouraged me to believe in myself
I was introduced to him by a mutual friend in sales
We only met once in person but corresponded online for nearly 20 years
He encouraged me to get a dog as I struggled to heal from a painful divorce
And he empathized with me recently when I had to let her go after 16 1/2 years
I pray for God’s Grace and peace for all of your family
For personalized and affordable funeral arrangements
choose Kutis Funeral Home - a family-owned establishment serving St
2906 Gravois Avenue, St. Louis, MO 63118314-772-3000
10151 Gravois Road, St. Louis, MO 63123314-842-4458
5255 Lemay Ferry Road, Mehlville, MO 63129314-894-4500