Latest in Micro’s Looming
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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 - 11 hours 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 -
Inflation rises, Trump looms
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Inflation ticks up Consumer prices rose 0.2 percent in October and 2.6 percent over ...Politics - The Hill - Yesterday -
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 -
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 - 2 days ago -
Election Uncertainty Makes Some Employers Wary of Adding Jobs
Some employers say they have been wary to expand until the outcome of the presidential election is known.Business - The New York Times - November 1 -
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 - 2 days ago -
In Northern Gaza, Hunger Looms Over Daily Existence
Families say they are rationing what little food they can find while living under the constant threat of Israeli bombardment.World - The New York Times - October 18 -
Buy now, pain later — the looming risks of BNPL
Prudential regulators should be monitoring both personal and systemic risksBusiness - Financial Times - October 21 -
As Election Nears, Kelly Warns Trump Would Rule Like a Dictator
John Kelly, the Trump White House’s longest-serving chief of staff, said that he believed that Donald Trump met the definition of a fascist.Top stories - The New York Times - October 23 -
As Election Looms, Disinformation ‘Has Never Been Worse’
A torrent of falsehoods, from home and abroad, have undermined what was once a shared faith in the honesty of America’s democracy.Business - The New York Times - October 23 -
What to Know About the Looming Election Certification Crisis
An investigation in four battleground states found that Republicans have taken control of election boards with the aim of challenging and overturning outcomes that don’t go their way.Top stories - The New York Times - October 25 -
In Georgia, Political Crisis Looms After Disputed Election
The ruling Georgia Dream party won a majority in the vote. The opposition, which fears the country is moving away from the West, says the voting was not fair and that it will not sit in Parliament.World - The New York Times - October 27 -
On the Ellipse, the Stakes Loomed Over Harris’s Shoulder
There was a clear point in returning to the site of Trump’s Jan. 6 crime.Top stories - The New York Times - October 30 -
Job growth stalls in October as Election Day looms
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Job growth stalls in October as Election Day looms Economists were bracing for a ...Politics - The Hill - November 1 -
France pushes Brussels to delay fines on carmakers
Emissions rules coming into force could lead to billions in penalties being imposed on weak auto industryWorld - Financial Times - November 4 -
The latest intel on the Timberwolves' ownership drama -- and the battle that looms
With arbitration set to begin Monday, here's the latest on Glen Taylor, Alex Rodriguez and Marc Lore -- and the battle for the multibillion-dollar franchise.Sports - ESPN - November 4 -
TikTok Employees Shrug Off the US Election
Donald Trump says he’ll spare TikTok. Kamala Harris will likely support the ban. But inside the company, few are talking about the US election.Tech - Wired - November 5 -
Trump's climate policy looms over COP29
A major climate summit kicked off in Azerbaijan on Monday amid uncertainty over U.S. commitments to combatting global warming. President-elect Donald Trump has said he will exit the Paris Climate ...Top stories - CBS News - 3 days ago -
Texas supreme court blocks execution of man in late-night ruling
Robert Roberson, 57, who has long claimed innocence over death of daughter, has for now been spared. The Texas supreme court has blocked the execution of a man on death row in a late-night ruling ...World - The Guardian - October 18 -
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Austin, in Ukraine, Announces New Arms Shipment as U.S. Election Looms
The trip by the U.S. defense secretary comes as Russian forces steadily gain territory in eastern Ukraine.Top stories - The New York Times - October 21 -
Rachel Reeves’s Budget balancing act
The chancellor’s tax plans must avoid overburdening business and investorsBusiness - Financial Times - October 21
