Latest in Super Micro needs a new CEO before its AI advantage erodes
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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 files plan for its delayed reports, names new auditor; stock soars 40%
Super Micro’s stock rallies after news that staves off delisting — at least for now.Business - MarketWatch - 4 days ago -
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 $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 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 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 - 5 days ago -
America Inc’s new CEO
Has the US now become a distressed asset?Business - Financial Times - November 11 -
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 -
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 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’s stock had a historic week — but it’s still 70% off its highs
There were various positive developments for Super Micro this week, beyond the news that the company has a new auditor.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 - 4 days ago -
Super Micro shares soar 31% after company names new auditor to help keep Nasdaq listing
Super Micro, which has been battered by bad headlines in recent weeks, said on Monday that it hired BDO as its independent auditor.Business - CNBC - 4 days ago -
OpenAI Will Send Its Next AI to Businesses Before a Public Release
A leader in AI technology may soon make a giant leap forward, but this time, select companies will get their hands on its next-generation model before you do.Business - Inc. - October 25 -
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 - 5 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 - October 31 -
Chinese sanctions hit US drone maker supplying Ukraine
Beijing’s move leaves California company rushing to find new battery providersWorld - Financial Times - October 31 -
Here's how Starbucks' new CEO plans to overhaul its struggling cafes
Starbucks to bring back ceramic mugs and messages written in Sharpie pens to revive a coffeehouse vibe at its nearly 40,000 stores.Top stories - CBS News - October 31 -
Buying Shoes at Macy's Isn't Fun. Its New CEO Is Trying to Change That.
The retailer is putting fewer styles on shelves and using technology to get shoes out of the stockroom faster.Business - The Wall Street Journal - November 11 -
Startup CEO says humans won't be needed for translation in 3 years as it launches AI app
Unbabel on Wednesday announced an artificial intelligence-powered translation service, adding another rival to a highly competitive space.Business - CNBC - November 13 -
Google just gave its AI access to Search, hours before OpenAI launched ChatGPT Search
Google launches real-time search integration for Gemini AI platform at $35 per 1,000 queries, while OpenAI debuts ChatGPT Search on the same day, setting up a major battle for the future of ...Tech - VentureBeat - October 31 -
Arm says it’s fueling many AI needs, but its stock shrugs off an earnings beat
The chip designer beat expectations for both its revenue segments.Business - MarketWatch - November 7 -
New Starbucks CEO Scouted Cafes Before Taking Over: What He's Tackling First
Brian Niccol is focusing on cafe operations and company affairs as he seeks quick change.Business - The Wall Street Journal - November 6 -
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 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
