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Latest in Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance

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  • 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 - 8 hours ago
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  • Super Micro Computer shares drop by one-third after EY resigns as auditor

    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 results
    Business - Financial Times - 6 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 firm
    Tech - ABC News - 6 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 - 6 days ago

  • Air taxi firm Lilium's shares plunge 61% after company says main subsidiaries will file for insolvency

    Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for insolvency in the coming days.
    Business - CNBC - October 24

  • 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 customers
    Business - MarketWatch - 6 hours ago

  • Electrolux Shares Tumble After North America Weakness Weighs on Results

    Electrolux shares fell sharply after the company reported third-quarter profit that missed analysts’ expectations on continued weakness in North America, where it is turning to promotions to entice ...
    Business - The Wall Street Journal - October 25

  • 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 - 4 days ago

  • ASML share plunge wipes over $50 billion off Dutch chip giant's value

    ASML published its third-quarter earnings Tuesday, a day earlier than expected.
    Business - CNBC - October 16

  • Microsoft dips on weak guidance after beating on earnings

    Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.
    Business - CNBC - 6 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 warming
    World - Financial Times - 6 days ago

  • Chinese sanctions hit US drone maker supplying Ukraine

    Beijing’s move leaves California company rushing to find new battery providers
    World - Financial Times - 5 days ago

  • China's Top Oil Companies Turn in Mixed Results Amid Weak Demand

    State-controlled producer PetroChina posted lower profit and revenue, rounding out mixed results for the country’s big three oil companies.
    Business - The Wall Street Journal - October 29

  • EstéeLauder Shares Plunge 21% After It Slashes Dividend

    The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.
    Business - The Wall Street Journal - 5 days 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 - 6 days ago
  • Super Micro Computer Stock Crashes, Wall Street Concerns Grow

    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. - 4 days ago

  • Nintendo Cuts Switch Sales Forecasts After Weak Results

    The Japanese videogame maker cut its annual forecasts for Switch console and software sales after disappointing first-half results.
    Business - The Wall Street Journal - Yesterday

  • UnitedHealth Shares Dive After Health Giant Says 2025 Results Likely to Fall Short

    The company estimates that its formal guidance for 2025 will top out at about $30 in earnings per share.
    Business - The Wall Street Journal - October 15

  • Entain Raises Full-Year Guidance After Results Exceed Expectations

    Ladbrokes owner Entain raised its full-year guidance and reported third-quarter results that exceeded its own expectations, helped by growth in the U.S.
    Business - The Wall Street Journal - October 17

  • Novartis Lifts Guidance Again After Key Drugs Help Results

    The pharmaceutical giant raised its full-year guidance for the third time this year after higher third-quarter profit and sales topped analysts’ expectations, boosted by revenue from its key drugs.
    Business - The Wall Street Journal - October 29

  • Trump Media shares fall nearly 10% after DJT plunge triggers trading halt

    Trading in Trump Media shares was briefly halted due to volatility, after the Truth Social owner's stock suddenly plunged in price.
    Business - CNBC - October 15

  • Trump Media's stock is halted after sudden plunge in DJT shares

    Trading in Trump Media, owner of Truth Social, was halted briefly on Tuesday after the stock suddenly plunged.
    Top stories - CBS News - October 15

  • Chapel Down shares plunge after winemaker pulls back on sale plans

    England’s largest producer says it will remain independent and also downgrades sales guidance
    World - Financial Times - October 25

  • Biogen’s stock hit by soft sales of Alzheimer’s treatment

    “We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.
    Business - MarketWatch - 6 days ago

  • EBay stock sinks after lackluster Q4 guidance, election distraction

    EBay reported better-than-expected earnings for the third quarter, but the results were overshadowed by a disappointing forecast for the current period.
    Business - CNBC - 6 days ago

  • Freshpet’s stock jumps premarket after earnings beat and company raises guidance

    Sales rose more than 25% for a 25th straight quarter
    Business - MarketWatch - Yesterday
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