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Here’s what Super Micro’s struggles may mean for Nvidia and Dell
Dell might not see immediate financial benefits, but an analyst thinks customers are paying attention to Super Micro’s auditor exit, which could start helping Dell next year.Business - MarketWatch - November 5 -
Super Micro’s looming deadline fuels fear of delisting. Here’s what that means.
Super Micro’s stock was already delisted once before, in a drawn-out process with various extensions.Business - MarketWatch - November 16 -
Young adults in Puerto Rico are struggling financially. Here's what that means and why some return
More than half of adults ages 18 to 29 in Puerto Rico are financially fragile compared to older generations on the island, and young adults in the U.S.Business - CNBC - November 10 -
Here's what President-elect Trump's tariff plan may mean for your wallet
President-elect Donald Trump proposed sweeping new tariffs on the campaign trail that may raise prices for consumers and trigger job loss, economists said.Business - CNBC - November 6 -
Will Super Micro get booted from the S&P 500? That may come before a delisting.
Super Micro shares are down more than 80% since the company joined the S&P 500 in March. That poor performance could catch the eye of the index committee, an expert said.Business - MarketWatch - November 14 -
Super Micro Computer Stock Crashes, Wall Street Concerns Grow
Shares of the Nvidia customer have crashed since its accounting firm, Ernst & Young, resigned.Business - Inc. - November 1 -
Starbucks’ China business is struggling. Here’s how the company may give it a jolt.
Starbucks Corp. is seeking ways to boost its Chinese operations and may sell a stake in the business.Business - MarketWatch - Yesterday -
Super Micro’s stock surges as company names a new auditor. What to watch next.
The company still faces many unknowns, but an analyst expects Nasdaq approval for Super Micro’s filing plan in two to five weeks.Business - MarketWatch - 3 days ago -
Nvidia’s stock joins the Dow today. Here’s what to know.
Nvidia’s stock is now a below-average member of the 128-year-old Dow Jones Industrial Average.Business - MarketWatch - November 8 -
Nvidia earnings will drive stocks tied to AI’s growth. Here’s what to look for.
AI chip suppliers are enjoying a spending boom from ‘hyperscalers,’ which in turn use the technology to boost sales and profits.Business - MarketWatch - 2 days ago -
A quarter of U.S. households live paycheck to paycheck, analysis finds
Soaring cost of food, housing and other staples means more Americans are just getting by, Bank of America Institute survey shows.Top stories - CBS News - October 24 -
The ‘Silver Tsunami’ is coming. Here’s what it means for your career
The Great Resignation… the Big Quit… the Great Realization… Whatever you called it, the pandemic heralded a seismic shift in how American workers viewed and approached work and their careers. ...Politics - The Hill - October 25 -
A key inflation measure drops to 2.1%. Here's the interest rate impact.
The personal consumption expenditures (PCE) price index eased to a 2.1% annual rate in September, close to the Fed's target.Top stories - CBS News - October 31 -
Here's what the Trump presidency could mean for the housing market, experts say
Donald Trump wants to address the housing shortage in the U.S. But some of his promises might be hurdles in the way.Business - CNBC - November 11 -
Inflation's up again. Here's what it could mean for mortgage interest rates.
Inflation ticked back up to 2.6% in October. Here's what that rise could mean for mortgage rates.Top stories - CBS News - November 13 -
What Russia's new nuclear weapons policy means
Russian President Vladimir Putin has approved changes formally lowering the threshold at which his country can consider a nuclear attack.Top stories - CBS News - 2 days ago -
About 1,500 migrants form a new caravan in Mexico. Here's what it means
About 1,500 migrants have formed a new caravan in southern Mexico, hoping to walk or catch rides to the U.S. borderWorld - ABC News - 2 days ago -
Super Micro still offers no clear answers to investors
Super Micro Computer Inc. did not offer investors any clear answers to questions in an investor call about its accounting woes Tuesday, leaving intact the dark cloud hanging over the company and ...Business - MarketWatch - November 6 -
Super Micro Computer Submits Nasdaq Compliance Plan
The server maker said it believes it will be able to complete its annual report on Form 10-K within the discretionary period available to the Nasdaq staff to grant.Business - The Wall Street Journal - 4 days ago -
Nvidia slips a spot among top S&P 500 stocks this year. Here’s what overtook it.
Nvidia’s stock now ranks third among the S&P 500’s biggest gainers for 2024. It held the No. 1 spot as recently as mid-September.Business - MarketWatch - November 5 -
As Nvidia reports, here’s the history of what happens next after ten giant stocks outperform
The fund manager AllianceBernstein looked at periods where the top 10 stocks dominated over the last three decades.Business - MarketWatch - 2 days ago -
Super Micro’s troubles build as auditor resigns, sending stock tumbling 33%
Super Micro filing indicates Ernst & Young flagged governance concerns back in July, which was before a short seller’s report put them on the minds of investors.Business - MarketWatch - October 30 -
Super Micro Computer Tumbles After Auditor EY Resigns
Ernst & Young has resigned as the auditor for Super Micro Computer after finding that it can no longer rely on management’s misrepresentations.Tech - The Wall Street Journal - October 30 -
What the Budget means for your money
Key measures on tax, investments, pensions and propertyBusiness - Financial Times - October 30 -
The Budget in brief: what you need to know
A quick guide to the UK chancellor’s main policy announcements and official economic forecastsBusiness - Financial Times - October 30 -
Super Micro Computer shares drop by one-third after EY resigns as auditor
Server maker said in August it would delay the release of its fiscal year 2024 resultsBusiness - Financial Times - October 30 -
Super Micro Computer's shares plunge 33% after server maker's accounting firm quits
Shares of Super Micro Computer have plunged more than 33% after the server maker disclosed that Ernst & Young had resigned as its public accounting firmTech - ABC News - October 30 -
Super Micro's $50 billion stock collapse underscores risk of AI hype
Since being added to the S&P 500 in March, Super Micro has lost about two-thirds of its value and now faces the risk of Nasdaq delisting.Business - CNBC - October 31 -
Super Micro's $50 billion stock collapse underscores risk of AI hype
In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years, dwarfing even Nvidia’s gains.Top stories - NBC News - October 31 -
Super Micro's 45% plunge this week wipes out stock's gains for the year
Super Micro investors have been fleeing for the exits this week after the company lost its second auditor in less than two years.Business - CNBC - November 1 -
Super Micro needs a new CEO before its AI advantage erodes
Super Micro Computer Inc. was an early beneficiary of the artificial-intelligence boom. But with the server maker under an accounting cloud, Super Micro now needs its chief executive to step down ...Business - MarketWatch - November 5 -
Super Micro Computer to Strengthen Governance, Oversight Amid Filings Dispute
The server maker said it continues to work on matters related to its filings with the SEC, and now expects lower sales than it had previously guided for in its fiscal first quarter.Tech - The Wall Street Journal - November 5 -
Super Micro’s stock tumbles, as one line was ‘all investors needed to hear’
Super Micro shares set to shed another 20%-plus on Wednesday as the company acknowledged its filing delay could have some impact on the business.Business - MarketWatch - November 6 -
Super Micro’s stock falls further as it faces new hurdle with filing deadlines
The server maker disclosed it will be late with its quarterly filing in addition to its past annual one. Super Micro also said it needs additional time to find a new auditor.Business - MarketWatch - November 13 -
Super Micro’s stock having best day in 9 months on hopes delisting to be avoided
Super Micro’s stock is having its best day in nine months amid hopes a delisting will be avoided.Business - MarketWatch - 4 days ago -
Super Micro hires new auditor to maintain Nasdaq listing; shares pop 37%
Super Micro said on Monday that it hired BDO as its independent auditor.Business - CNBC - 4 days ago -
Lutnick and Bessent’s battle for Treasury secretary turns bitter as Trump expands field
Wall Street factions fight for top economic post in president-elect’s cabinetBusiness - Financial Times - 3 days ago