Latest in Super Micro Computer Stock Crashes, Wall Street Concerns Grow
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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. - 7 hours ago -
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 - 2 days ago -
What the Budget means for your money
Key measures on tax, investments, pensions and propertyBusiness - Financial Times - 2 days ago -
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 - 2 days ago -
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 - 2 days ago -
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 - Yesterday -
Top Wall Street analysts are upbeat on these dividend stocks
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Cisco and Diamondback EnergyBusiness - CNBC - 5 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 - Yesterday -
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 - Yesterday -
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 - Yesterday -
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 - 11 minutes ago -
Top Wall Street analysts like these stocks for their growth prospects
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Nvidia and Fortinet.Business - CNBC - October 20 -
Wall Street analysts get it wrong on two of our portfolio industrial stocks
New research from Wall Street analysts missed the mark on Stanley Black & Decker and DuPont.Business - CNBC - October 21 -
Wall Street is worried stocks might be on the cusp of a ‘lost decade’
Stocks have been on a terrific run over the past decade. But the years ahead might not be quite so spectacular.Business - MarketWatch - October 22 -
Tech stock sell-off wipes out Wall Street’s October gains
Disappointing earnings from Microsoft help put US equities on track for biggest one-day drop since early SeptemberWorld - Financial Times - Yesterday -
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 - 2 days ago -
Asia has ‘enormous’ shortfall of funds to adapt to climate change, warns ADB
Development bank report says region still needs hundreds of billions of dollars for action to tackle impact of global warmingWorld - Financial Times - Yesterday -
Chinese sanctions hit US drone maker supplying Ukraine
Beijing’s move leaves California company rushing to find new battery providersWorld - Financial Times - Yesterday -
This five-star fund’s formula rode Super Micro’s gain, while its disciplined strategy avoided the stock’s brutal decline
The Hennessy Cornerstone Growth Fund follows a highly rated strategy of selecting its entire portfolio from scratch once a year.Business - MarketWatch - October 19 -
Wall Street is entering its best 6 months of the year. Why the stock-market rally has more room to run.
The U.S. stock market is about to enter historically its best six months of the year, after defying the popular Wall Street adage to “sell in May and go away” with strong gains.Business - MarketWatch - 2 days ago -
GM stock has best day since 2020 after automaker tops Wall Street's third-quarter expectations, raises guidance
GM's quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.Business - CNBC - October 22 -
McDonald's, Boeing experience Wall Street struggles
It's been a mixed week for stocks amid a flurry of corporate news, including problems for fast food giant McDonald's, as it deals with an E. coli outbreak possibly linked to its Quarter Pounders. ...Top stories - CBS News - 5 days ago -
Misinformation concerns grow as Election Day nears
A flood of false information around the election is already ramping up on the internet, making it hard for voters to know what’s actually real. Already in Pennsylvania, a viral video claiming to ...Politics - NBC News - Yesterday -
Optimism on Wall Street, and Harris Agrees to a Fox News Interview
Plus, an investigation into China’s panda factories.Top stories - The New York Times - October 15 -
Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves
The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.Business - CNBC - October 15 -
Wall Street’s most frustrating ‘pain trade’ looks set to continue
For Wall Street’s professional money managers, the biggest “pain trade” right now is the ongoing rally in stocks following a massively successful two-year bull run.Business - MarketWatch - October 15 -
Trump: Wall Street Journal has been 'wrong about everything'
Former President Trump blasted the Wall Street Journal and other prognosticators in the financial sector who have predicted his economic plans will have a negative impact on the country's financial ...Politics - The Hill - October 15 -
Netflix adds 5 million subscribers and beats Wall Street's profit expectations
Netflix reports strong third-quarter earnings, in a sign that its content mix, including "Emily in Paris," and its password-sharing crackdown are still paying off.Entertainment - Los Angeles Times - October 17 -
Wall Street hates Treasurys. Maybe it’s time to give them some love.
Maybe it’s time to show them a little appreciation.Business - MarketWatch - October 19 -
Behind Many Powerful Women on Wall Street: A Doting 'Househusband'
More men are staying home to facilitate the complex juggle of family life and their wives’ high-powered careers.Business - The Wall Street Journal - October 21 -
Lucid CEO defends $1.75 billion capital raise following stock drop
Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.Business - CNBC - October 22 -
Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise
DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter ...Top stories - NBC News - October 21