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Advanced Micro Devices to Cut Global Headcount by 4%
The layoffs would affect about 1,040 employees and are part of a shift in AMD’s broader business strategy.Tech - The Wall Street Journal - 3 days ago -
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 -
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’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 $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 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 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 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 - 3 days ago -
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 - Yesterday -
A night with the drone squad targeting Russian forces in micro battles
In a dugout near the front in Donetsk, the Guardian joins Ukrainian police officers turned pilots during a shift . The armoured car’s bumpy high-speed journey comes to a halt, and the Guardian ...World - The Guardian - 20 hours ago -
Soto powers Yanks to 1st World Series since '09
In his first season with the Yankees, Juan Soto sent the storied franchise back to the World Series for the first time since 2009, as his three-run homer proved to be the difference in a 5-2 win ...Sports - ESPN - October 20 -
Tasmanian tiger de-extinction research advances
Colossal Biosciences says it's made a breakthrough toward the de-extinction of the thylacine, or Tasmanian tiger.Top stories - CBS News - October 20 -
Atlanta survives penalties, advances to face Miami
Atlanta United advanced to the MLS Cup playoffs with a 5-4 penalty-kick shootout victory over CF Montreal on Tuesday night after a 2-2 draw.Sports - ESPN - October 23 -
Invest in UK nurses or risk more strikes, union boss warns ministers
RCN head urges the government to use the Budget to boost spending on the NHSBusiness - Financial Times - October 28 -
Ukraine in new mobilisation drive as Russia advances
Ukraine's military has been under severe pressure of late, in part due to Russia's greater manpower.Top stories - BBC News - October 30 -
Gauff advances at Finals with rare win over Swiatek
Coco Gauff confirms her semi-final spot at the WTA Finals with a rare win over defending champion Iga Swiatek.Top stories - BBC News - November 5 -
Trump and Zelenskyy agree to "advance" cooperation in war with Russia
Ukrainian President Volodymyr Zelenskyy said he spoke with President-elect Donald Trump, agreeing to "advance" cooperation in its war with Russia on Thursday. CBS News correspondent Imtiaz Tyab has ...Top stories - CBS News - November 7 -
With Trump Win, Musk’s Mars Dream May Advance
After bold, even overly ambitious comments about reaching the red planet, the billionaire founder of SpaceX may be positioned for added government support.Business - Inc. - November 8 -
Alcaraz misses out as Zverev and Ruud complete semifinal field at ATP Finals
Carlos Alcaraz was the big name missing when the last two semifinal spots were filled at the ATP FinalsSports - ABC News - 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 - October 30 -
Meta's Threads micro-blogging app now has 275 million monthly users, Zuckerberg says
Threads, Meta's rival to Elon Musk's X app, now has nearly 275 million monthly users, CEO Mark Zuckerberg said Wednesday.Business - CNBC - October 31 -
Cramer's week ahead: The election, Fed decision and earnings from Super Micro, Arm, Qualcomm and CVS
CNBC's Jim Cramer is eyeing earnings from Berkshire Hathaway, Super Micro, CVS, Ferrari, Arm Holdings, Qualcomm, Palantir and DraftKings.Business - CNBC - November 1 -
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