Micro's Billion Stock

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 - 2 hours ago

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 - 21 hours ago

Ingram Micro could be worth more than $5 billion in return to public markets

Ingram Micro has set terms for its initial public offering, as the profitable California-based information-technology company is returning to the public market with a valuation could be move than ...

Business - MarketWatch - October 15

This five-star fund’s formula rode Super Micro’s gain, while its disciplined strategy avoided the stock’s brutal decline

The Hennessy Cornerstone Growth Fund follows a highly rated strategy of selecting its entire portfolio from scratch once a year.

Business - MarketWatch - October 19

Trump Media’s Stock Price Soars, Adding $2 Billion to Trump’s Stake

The sharp rise in the share price of the parent of Truth Social has added about $2 billion to the net worth of former President Donald J. Trump.

Business - The New York Times - October 15

Lucid stock tumbles following public offering to raise $1.67 billion

Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."

Business - CNBC - October 17

Lucid CEO defends $1.75 billion capital raise following stock drop

Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.

Business - CNBC - October 22

Vietnam waits for major upgrade to its $200 billion stock market

Vietnam's chip capabilities have it competing against near neighbor Malaysia, attracting global semiconductor firms.

Business - CNBC - 3 days ago

Boeing’s stock reverses lower after announcing a $19 billion capital raise

.Boeing’s stock knee-jerked higher after a larger-than-expected capital raise was announced, but then quickly resumed its decline.

Business - MarketWatch - 3 days ago

Boeing Will Sell $19 Billion in Stock Amid Costly Strike

The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a credit rating downgrade.

Business - The New York Times - 2 days ago

Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%

Ford Motor Co. reported earnings late Monday, but investors looked past a beat.

Business - MarketWatch - 2 days ago

‘DJT’ stock’s tripling in October is adding $4 billion to Trump’s coffers

The value of Trump’s stake in Trump Media has increased by about $4 billion in October, as investors are betting heavily that he’ll win next week’s presidential election.

Business - MarketWatch - 2 days ago

Trump's wealth slumps by as much as $2.4 billion amid DJT stock plunge

Trump Media & Technology Group's stock, which trades under DJT, is plunging just days before the November 5 election.

Longboard Pharmaceuticals’ stock soars amid Lundbeck’s $2.6 billion deal to acquire the company

H. Lundbeck plans to acquire Longboard Pharmaceuticals in a $2.6 billion deal, the companies announced Monday.

Business - MarketWatch - October 14

Gevo stock soars on $1.46 billion DOE loan for sustainable aviation fuel plant

Shares of Gevo Inc. are climbing 38.2% in premarket trades Thursday after the renewable chemicals and biofuels company received a commitment for a $1.46 billion loan from the U.S. Department of ...

Business - MarketWatch - October 17

Biofuels stock Gevo continues rally, boosted by $1.46 billion Energy Department loan

Shares of renewable-chemicals and biofuels company Gevo continued their rally Friday, lifted by a $1.46 billion loan commitment from the U.S. Energy Department earlier this week.

Business - MarketWatch - October 18

Elon Musk is $26 billion richer after Tesla's best day on the stock market since 2013

Tesla shares soared 22% on Thursday, lifting the world's richest person's net worth by roughly $26 billion.

Business - CNBC - 6 days ago

Boeing raises greater-than-expected $21 billion from new stock sales

Boeing said Tuesday that it will raise nearly $21 billion from a public offering of common stock and depositary shares — more than the roughly $19 billion that was initially mooted.

Business - MarketWatch - 2 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 - Yesterday

What the Budget means for your money

Key measures on tax, investments, pensions and property

Business - Financial Times - Yesterday

The Budget in brief: what you need to know

A quick guide to the UK chancellor’s main policy announcements and official economic forecasts

Business - Financial Times - 23 hours ago

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 - 23 hours 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 - 22 hours 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 - 23 hours ago

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 - 1 hour 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 - 18 hours ago

Chinese sanctions hit US drone maker supplying Ukraine

Beijing’s move leaves California company rushing to find new battery providers

World - Financial Times - 6 hours ago

Debt rule to change to fund major projects

Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.

Billions of levelling-up cash in limbo

Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.

Mass deportation could cost billions

Bankrolling mass deportation would be costly. It would also require a lot more manpower.

Steve and Connie Ballmer on Ballmer Group

In a 60 Minutes interview, former Microsoft CEO and LA Clippers owner Steve Ballmer and his wife Connie share their vision for philanthropy and address whether they'd ever be in the market for ...

Latest in Micro's Billion Stock

Super Micro's $50 billion stock collapse underscores risk of AI hype

Super Micro’s troubles build as auditor resigns, sending stock tumbling 33%

Ingram Micro could be worth more than $5 billion in return to public markets

This five-star fund’s formula rode Super Micro’s gain, while its disciplined strategy avoided the stock’s brutal decline

Trump Media’s Stock Price Soars, Adding $2 Billion to Trump’s Stake

Lucid stock tumbles following public offering to raise $1.67 billion

Lucid CEO defends $1.75 billion capital raise following stock drop

Vietnam waits for major upgrade to its $200 billion stock market

Boeing’s stock reverses lower after announcing a $19 billion capital raise

Boeing Will Sell $19 Billion in Stock Amid Costly Strike

Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%

‘DJT’ stock’s tripling in October is adding $4 billion to Trump’s coffers

Trump's wealth slumps by as much as $2.4 billion amid DJT stock plunge

Longboard Pharmaceuticals’ stock soars amid Lundbeck’s $2.6 billion deal to acquire the company

Gevo stock soars on $1.46 billion DOE loan for sustainable aviation fuel plant

Biofuels stock Gevo continues rally, boosted by $1.46 billion Energy Department loan

Elon Musk is $26 billion richer after Tesla's best day on the stock market since 2013

Boeing raises greater-than-expected $21 billion from new stock sales

Super Micro Computer Tumbles After Auditor EY Resigns

What the Budget means for your money

The Budget in brief: what you need to know

Super Micro Computer shares drop by one-third after EY resigns as auditor

Super Micro Computer's shares plunge 33% after server maker's accounting firm quits

Super Micro shares plunge 33% as auditor resigns after raising concerns months earlier

Meta's Threads micro-blogging app now has 275 million monthly users, Zuckerberg says

Asia has ‘enormous’ shortfall of funds to adapt to climate change, warns ADB

Chinese sanctions hit US drone maker supplying Ukraine

Debt rule to change to fund major projects

Billions of levelling-up cash in limbo

Mass deportation could cost billions

Steve and Connie Ballmer on Ballmer Group

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