Latest in Super Micro shares soar 30% after company names new auditor to help keep Nasdaq listing
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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 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 -
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 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 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 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 - 4 days ago -
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 - Yesterday -
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 -
Expedia shares rise after company raises full-year outlook, citing progress abroad amid travel-demand concerns
Shares of Expedia Group Inc. rallied after hours on Thursday after the travel-booking platform boosted its full-year outlook, helped by consumer demand and growth in advertising and its segment ...Business - MarketWatch - November 8 -
Inside the New York elections that could decide control of Congress
The road to the House majority for Republicans and Democrats is running through New York, well outside the presidential battleground map.Top stories - NBC News - October 22 -
FirstFT: HSBC overhaul to divide businesses along east-west lines
Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity pushWorld - Financial Times - October 22 -
Reddit shares close up 42% on profitability, rosy guidance
Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.Business - CNBC - October 30 -
Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 31 -
Steph passes Barkley for No. 30 spot on NBA's all-time scoring list
Warriors superstar Steph Curry passed Hall of Famer Charles Barkley for the No. 30 spot on the NBA's all-time scoring list during Golden State's matchup with the Boston Celtics on Wednesday at TD ...Sports - Yahoo Sports - November 7 -
Texas woman gifted new car after helping neighbors in need
Lyn Story, who has been using her old car to offer rides to those in need, was shocked when a generous viewer steps up to give her a brand new vehicle, allowing her to continue her acts of ...Top stories - CBS News - November 4 -
Tom Hanks and Robin Wright reunite 30 years after "Forrest Gump" in new film, "Here"
Reuniting with "Forrest Gump" director Robert Zemeckis, Tom Hanks and Robin Wright star in "Here," a multigenerational story set in a single living room across decades. They join "CBS Mornings" to ...Top stories - CBS News - October 31