Micro Computer Tumbles

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 hours ago

Super Micro’s troubles build as auditor resigns, sending stock tumbling 30%

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 - 6 hours ago

What the Budget means for your money

Key measures on tax, investments, pensions and property

Business - Financial Times - 7 hours ago

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 - 1 hour 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 - 1 hour 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 - 51 minutes ago

WATCH: Singer takes a tumble during concert

Olivia Rodrigo shocked fans in Melbourne, Australia, after she fell into a hole on the stage. She later posted on social media, saying she was doing fine after the incident.

Crude oil tumbles as Middle East fears recede

Demand from China weaker than expected, says International Energy Agency

Business - Financial Times - October 15

Biotech stock tumbles after unexplained 1,446% gain

Bright Minds Biosciences, which until this week had a lightly traded stock that traded at just over $1, tumbled in premarket trade on Wednesday following a meteoric rise.

Business - MarketWatch - October 16

Anthropic’s agentic Computer Use is giving people ‘superpowers’

Claude uses a computer essentially as a human does. People are using it for coding, researching, 'drudge work' and even to hail Uber rides.

Tech - VentureBeat - 5 days ago

Google’s strong earnings boosted by cloud computing gains

Parent company Alphabet’s shares rise 6% as results show lift from AI demand

Business - Financial Times - 9 hours ago

ASML’s stock tumbles after microchip equipment maker warns of slower recovery

ASML Holding, the Dutch microchip-equipment maker, saw its stock slide after saying the market recovery for semiconductors will take longer than expected.

Business - MarketWatch - 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

Elevance Health’s stock slumps 13% as profit dented by ‘unprecedented’ Medicaid challenges

Elevance Health Inc.’s stock tumbled 13% Thursday and weighed on rivals after the health insurer’s third-quarter profit fell short of estimates amid ”unprecedented” challenges in the Medicaid ...

Business - MarketWatch - October 17

Phunware’s stock tumbles more than 35% after CEO retires

Shares of Phunware Inc. were down more than 35% after the retirement of Chief Executive Mike Snavely from the mobile-advertising company.

Business - MarketWatch - 6 days ago

England on brink of series defeat as wickets tumble after Pakistan fightback

Third Test, day two: England 267 & 24-3; Pakistan 344 Tourists still trail by 53 with openers and Ollie Pope gone Welcome to the house of Saud. England crossed the threshold on Friday hoping to ...

World - The Guardian - 5 days 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 - 5 days ago

Oil tumbles after Israel refrains from attacking Iran’s refining facilities

Brent crude drops more than 6% as Tehran gives measured response to strikes

World - Financial Times - 2 days ago

JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses

JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.

Business - MarketWatch - Yesterday

Shares in weight-loss drugmaker Eli Lilly fall on disappointing sales

US group revises down upper end of full-year revenue estimates

Business - Financial Times - 9 hours ago

Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?

Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.

Business - MarketWatch - 2 hours ago

‘DJT’ shares tumble to largest percentage decline in 6 months

Shares of Trump Media & Technology Group fell more than 22% Wednesday.

Business - MarketWatch - 45 minutes ago

Coinbase shares tumble as muted crypto trading leads to a third-quarter miss

Coinbase Wednesday reported weaker-than-expected third-quarter results, weighed down by muted trading in the cryptocurrency market.

Business - CNBC - 25 minutes ago

Lillian Schwartz, Pioneer in Computer-Generated Art, Dies at 97

Early in the digital era, she worked at Bell Labs on the intersection of art and technology, making films and at one point arriving at a novel theory about the “Mona Lisa.”

Tech - The New York Times - October 16

13 Best Tested Computer Monitors (2024): Budget, OLED, 4K

The Gear team spends countless hours in front of displays while writing for you. So we reviewed those too (including a few portable screens).

Tech - Wired - October 18

Anthropic Wants Its AI Agent to Control Your Computer

Claude is the first major AI model to be able to take control of a computer to do useful work.

Tech - Wired - October 22

Anthropic says latest AI model can control users’ computers

Start-up backed by Google and Amazon says tool can act like a ‘human collaborator’

Business - Financial Times - October 22

How one engineer beat the ban on home computers in socialist Yugoslavia

In Lewis Packwood’s book Curious Video Game Machines, Voja Antonić explains how he built a console and published instructions for anyone to make their own. Very few Yugoslavians had access to ...

World - The Guardian - 6 days ago

China Tightens Its Hold on Minerals Needed to Make Computer Chips

Already the dominant producer of rare minerals, Beijing is using export restrictions and its power over state-owned companies to further control access.

Business - The New York Times - 2 days 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 ...