Latest in Super Micro’s stock surges amid hopes for a stay of delisting on deadline day
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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 - 2 hours ago -
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 - 2 days ago -
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 - 5 days ago -
Super Micro faces deadline to keep Nasdaq listing after 85% plunge in stock
Super Micro could also get a reprieve and an extension from the Nasdaq, giving it months to come into compliance.Business - CNBC - 3 days ago -
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 - 4 days ago -
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 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'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 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 -
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’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 -
Stock market surges on Election Day
Major stock indexes and large tech firms showed gains on Tuesday.Top stories - ABC News - November 5 -
NFL trade deadline winners and losers: While Chiefs and Lions bolster Super Bowl hopes, Cowboys sacrifice only their future
DeAndre Hopkins is already paying off for the Chiefs and the Lions and Commanders beefed up on defense. But what are the Cowboys and Steelers both made underwhelming additions.Sports - Yahoo Sports - November 6 -
Super Micro still can’t say when it will file annual report, and its stock drops
Server maker doesn’t expect its accounting issues to impact its ability to serve customersBusiness - MarketWatch - November 6 -
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 -
Elon Musk’s wealth sees record two-day swell as Tesla’s stock surges
The EV giant’s stock is seeing the biggest two-day price gain in its history, adding $38 billion to Musk’s wallet.Business - MarketWatch - October 26 -
Trump’s ‘DJT’ reports narrowing quarterly loss on Election Day. Stock jumps after hours following regular-session slump.
Investors in the parent of Trump’s Truth Social appeared to suddenly turn pessimistic toward the former president’s odds of winning at the polls as Election Day progressed.Business - MarketWatch - November 6 -
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 -
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 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 -
Disney stock surges on streaming growth, guidance
Revenue for Disney's entertainment segment – which includes the traditional TV networks, direct-to-consumer streaming and films – increased 14% year over year.Business - CNBC - 4 days ago -
Super Micro shares plunge 33% as auditor resigns after raising concerns months earlier
Ernst & Young resigned over accounting and governance concerns at the buzzy AI firm, which has faced regulatory scrutiny before.Business - CNBC - October 30 -
Cramer's week ahead: The election, Fed decision and earnings from Super Micro, Arm, Qualcomm and CVS
CNBC's Jim Cramer is eyeing earnings from Berkshire Hathaway, Super Micro, CVS, Ferrari, Arm Holdings, Qualcomm, Palantir and DraftKings.Business - CNBC - November 1 -
Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance
Super Micro, the embattled server maker, reported preliminary first-quarter results on Tuesday.Business - CNBC - November 5