Latest in Super Micro Computer shares drop by one third after EY resigns as auditor
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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 - 5 hours ago -
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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 - 10 hours 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 - 4 hours 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 - 38 minutes 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 - 5 hours 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 - 3 hours ago -
Olympus shares drop over 5% after CEO resigns over drug allegation
The stock slid 5.3% on the Tokyo Stock Exchange following news of Stefan Kaufmann's resignation.Business - CNBC - 2 days ago -
BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit
British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.Business - CNBC - Yesterday -
Utah offensive coordinator Andy Ludwig resigns after Utes' third-straight loss
The Utes are now 1-3 in the Big 12.Sports - Yahoo Sports - October 21 -
Netflix rose 11% after third-quarter earnings beat
Netflix saw momentum in its ad-supported membership tier, which surged 35% quarter over quarter.Business - CNBC - October 18 -
ASML shares drop sharply after warning on semiconductor recovery
Gloomy outlook from Europe’s most valuable tech company drags down stocks from Nvidia to ArmBusiness - Financial Times - October 15 -
Starbucks Shares Drop After Dismal Preliminary Quarterly Earnings
“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.Business - The New York Times - October 23 -
Aiyuk shares recovery update one week after tearing ACL, MCL
San Francisco 49ers star wide receiver Brandon Aiyuk provided a one-week update on his recovery from the ACL and MCL tears he suffered in his right knee.Sports - Yahoo Sports - 2 days ago -
10-, 30-year Treasury yields drop again after GDP data opens door to Q4 slowdown
Yields on long-dated Treasurys closed lower on Wednesday after a weaker-than-expected reading on third-quarter U.S. economic growth gave way to the possibility of another slowdown in the final ...Business - MarketWatch - 5 hours ago -
Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue
Morgan Stanley has several tail winds in its favor, from high stock values to a rebound in investment banking and strong trading activity.Business - CNBC - October 16 -
Barclays shares hit nine-year high after third quarter profit jumps 23%, beating expectations
British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.Business - CNBC - 6 days ago -
Hyundai Motor India's shares drop 7% on trading debut after record IPO
Hyundai Motor India shares fell 7% on their trading debut Tuesday after a record $3.3 billion initial public offering.Business - CNBC - October 22 -
How one engineer beat the ban on home computers in socialist Yugoslavia
In Lewis Packwood’s book Curious Video Game Machines, Voja Antonić explains how he built a console and published instructions for anyone to make their own. Very few Yugoslavians had access to ...World - The Guardian - 6 days ago -
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 -
Eye Opener: One Direction's Liam Payne dies
One Direction's Liam Payne was found dead in Buenos Aires after he fell from his hotel balcony. Meanwhile, VP Harris sits down with Fox News while Trump holds another town hall. All that and all ...Top stories - CBS News - October 17 -
TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins
The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.Business - MarketWatch - October 15 -
Chrysler and Jeep maker sees North American deliveries dive 36%
Europe’s largest car manufacturer Stellantis reported a 20% drop in shipments and a 15% drop in sales in the third quarter of 2024Business - MarketWatch - October 16
