iiinova — where your digital self keeps evolving

Sherwood News @sherwood.news · 29/01/2025

Meta crushes earnings, revenue grows a smashing 21% in Q4 buff.ly/4hyjVBb

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Sherwood News @sherwood.news · 29/01/2025

Tesla just posted a massive, Cybertruck-sized drop in annual earnings: buff.ly/4gi6Lre

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Sherwood News @sherwood.news · 29/01/2025

Norway’s wealth fund reports record profits—it’s now worth $319,900 per citizen: buff.ly/4jxGIPx

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Sherwood News @sherwood.news · 29/01/2025

How much Big Tech companies — like Google, Microsoft, Amazon, and Meta — are spending on capex this year: buff.ly/4hgtNQs

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Sherwood News @sherwood.news · 29/01/2025

Jevons paradox is the latest jargon you need to know to signal you’re smart on AI: buff.ly/3CqVuqG

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Sherwood News @sherwood.news · 28/01/2025

Post-DeepSeek, traders still like AI—but maybe not data centers buff.ly/3QfmyfX

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Sherwood News @sherwood.news · 28/01/2025

Eggflation: Egg prices are up 58% since the end of November, hitting a record high buff.ly/4gkKDMN

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Sherwood News @sherwood.news · 28/01/2025

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

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Sherwood News @sherwood.news · 28/01/2025

Is it time we let the Xbox peacefully pass on to gamer heaven? buff.ly/40rL7KY

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Sherwood News @sherwood.news · 28/01/2025

Does Nvidia’s stock tend to bounce back after a big drop? Charting the evidence from history: buff.ly/3WCKiy9

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Sherwood News @sherwood.news · 28/01/2025

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 $22.6 billion — roughly 12% of his overall net worth. Don’t rush to restring your tiny violins just yet, however: Nvidia is up more than 3% in pre-market trading, and Oracle is clawing back a few percent too.$

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Sherwood News @sherwood.news · 28/01/2025

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 buff.ly/3Wx0ocv

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Sherwood News @sherwood.news · 28/01/2025

After its release late last week, the DeepSeek news spent the weekend percolating—and Monday morning, the shakeup finally hit: buff.ly/4ax6WxB

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Sherwood News @sherwood.news · 27/01/2025

Americans bet more than $140 billion on sports last year: buff.ly/3CCSzLo

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Sherwood News @sherwood.news · 27/01/2025

Universal Music shares jump after announcing new Spotify deal buff.ly/3CCc077

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Sherwood News @sherwood.news · 27/01/2025

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: buff.ly/42wupgq

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Sherwood News @sherwood.news · 27/01/2025

China’s DeepSeek turns AI on its head, with US tech stocks on track to lose $1 trillion in value: buff.ly/40u6VWB

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Sherwood News @sherwood.news · 24/01/2025

Here’s how much traders think Microsoft, Meta, Tesla, and Apple are poised to move after earnings: buff.ly/4htyV3h

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Sherwood News @sherwood.news · 23/01/2025

The job market is tough for new graduates — even if you dropped $200,000 on an elite MBA buff.ly/42oUmOM

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Sherwood News @sherwood.news · 22/01/2025

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.

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Sherwood News @sherwood.news · 22/01/2025

Netflix added 18.9 million subscribers, the company’s best ever quarter $NFLX buff.ly/3CsKl8z

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Sherwood News @sherwood.news · 20/01/2025

TVs don’t actually cost 98% less than they used to—and other inflation misconceptions: buff.ly/42fTiwv

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Sherwood News @sherwood.news · 16/01/2025

The threat of a TikTok ban is driving Americans to Duolingo to learn Chinese buff.ly/3PFTn5g

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Sherwood News @sherwood.news · 30/12/2024

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:

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Sherwood News @sherwood.news · 20/12/2024

GameStop has also enjoyed an infamously unexpected second chapter—as a meme stock

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Sherwood News @sherwood.news · 20/12/2024

But some of our favorite mall brands have managed to resurrect themselves from the dead. One notable success is Abercrombie & Fitch's massive rebrand:

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Sherwood News @sherwood.news · 20/12/2024

The American shopping mall has spent the past few decades on a rollercoaster ride. Once an iconic part of US culture, malls have suffered since their 90s heyday.

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Sherwood News @sherwood.news · 20/12/2024

Get in loser, we're going shopping: Why mall retailers are the most interesting stocks on the market sherwood.news/business/mal...

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Sherwood News @sherwood.news · 18/12/2024

Why these four tiny stocks all traded more than Disney (and 476 other members of the S&P 500) yesterday: sherwood.news/markets/4-ti...

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Sherwood News @sherwood.news · 13/12/2024

Now that Broadcom is in the trillion-dollar-market-cap club, we humbly submit that the "Magnificent 7" is no more. Enter the era of "BATMMAAN" sherwood.news/markets/the-...

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Sherwood News @sherwood.news · 13/12/2024

SPOILER ALERT: Not a whole lot!!!!!! For Bezos and Zuck, it's the normal-person equivalent of what you'd spend on a bodega banana. Musk and Altman's donations? Less than you spend on a year of Spotify Premium.

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Sherwood News @sherwood.news · 12/12/2024

"It's easy for insurance companies to try and say it's not really as bad as you’re saying it is."

In extreme cases, IBS could cost professionals their careers. Trevor, who has IBS and asked us not to use his real name, worked as a business strategist in creative industries for 14 years before losing his ability to find work. After he got laid off in 2022, Trevor was actively job searching, networking, and landing interviews for months when he was hit with unexpected abdominal pain. A year later, the pain became so excruciating that his job search came to a halt. He couldn’t apply to jobs and struggled to make it through interviews and networking calls without needing to lie down. Even if he did get an offer, he said, he knew it would be impossible to perform the job’s responsibilities.

“I’m not going to take a job that I’m not able to deliver,” Trevor said. “That would be unfair for them and that would be unfair to me.”

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Sherwood News @sherwood.news · 12/12/2024

IBS affects as many as 45 million people in the US — up to 15% of the American population — and cases continue to rise. The prevalence is strong enough that there's a measurable economic impact:

The uptick in gastrointestinal issues has economic consequences. A survey of 1,776 employees at a large US bank found that workers with IBS were 15% less productive compared to the performance of workers without IBS. Employees suffered a 21% decrease in overall work productivity, equivalent to less than four days of work out of a five-day workweek. Treating IBS is also expensive. Patients with IBS related to constipation pay an average of $11,182 a year in healthcare costs, which include doctors’ visits, outpatient services, hospitalizations, prescriptions, and ER visits.

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Sherwood News @sherwood.news · 12/12/2024

The increasing prevalence of IBS isn't just visiting physical misery on the afflicted—it's affecting their workplace productivity, and even costing some of them their careers sherwood.news/business/the...

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Sherwood News @sherwood.news · 09/12/2024

"The playground at the Hyperloop Plaza is residential grade and, as a result, locals say it’s always broken."

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Sherwood News @sherwood.news · 09/12/2024

What does a company town look like in 2024? It's got a Montessori school (that doesn't have a big enough well for its initial planned enrollment), a pottery studio (under construction), and a bodega that sells chili crisp and has an Instagram-friendly backdrop (but no insulation in the walls)

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Sherwood News @sherwood.news · 06/12/2024

"I would just ask [Musk] to try to please treat the place with respect — the people here and the environment — because this is what we have. We don’t have tons of money to fall back on and move somewhere else." sherwood.news/power/the-re...

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Sherwood News @sherwood.news · 06/12/2024

"There are a number of [company towns] where they did try to provide pretty good services so that they could get better workers," says Price Fishback, an economic historian at the University of Arizona. "It doesn’t have to be bad. Just, if things go bad, they can go really bad."

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Sherwood News @sherwood.news · 06/12/2024

Locals have repeatedly raised concerns about the companies’ effect on the environment, including when Boring asked to pump over 140,000 gallons a day of treated wastewater into the Colorado River.

A decade ago, when Ellen Tanner’s daughter was little, the two would walk down to the Colorado River near their home in Bastrop to picnic with friends and wade into the cool water. A lot has changed since then. There’s more traffic than before. A movie studio is setting up shop. Some concrete and gravel companies have started operations.

Oh, and the world’s richest man moved in. With bulldozers.

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Sherwood News @sherwood.news · 05/12/2024

Live Nation owns or partners with so many brands that it's stuffing its pockets with your money when you may not even realize it. sherwood.news/business/its...

It’s not just tickets and fees: How Live Nation quietly takes your money at every possible opportunity

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Sherwood News @sherwood.news · 03/12/2024

Perhaps the biggest recent audience change is Magic's growth within the corporate world. Increasingly, white-collar knowledge workers are ditching the traditional battles of wits like poker and chess and building Magic decks.

Take Richard Dahl, 55, who works in management in the healthcare sector. He had no interest in strategy or fantasy games until eight years ago when he walked into the break room at work and noticed a group of employees playing a card game he didn’t recognize. Most happened to report up through him, so he naturally took an interest in what they found so interesting.

“I’d sit there and watch, just trying to figure out what it was they were doing,” he said, trying to follow their complex and intricate moves. Day after day, they kept playing, and he kept watching and chatting. He was drawn in by the game’s ability to build social bonds at work — like when a new hire who’d been struggling to connect with people got advised to start playing “Magic,” and through the playgroup quickly forged new relationships.

Finally, for Dahl’s birthday, the playgroup pooled together and bought him a preconstructed deck for his birthday and told him he had no excuse left not to join the community.

“Much to my wife’s dismay, and a lot of money later, I’m still very much into it,” he said.

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Sherwood News @sherwood.news · 03/12/2024

In 2022, “Magic” earned nearly $1.1 billion, becoming toy giant Hasbro's first billion-dollar brand—a benchmark it's hit every year since, as the game continues to find new audiences.

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