Latest in Micro’s Stock Extends
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Super Micro’s stock extends historic surge, has more than doubled in 7 days
After scoring a record rally last week, the server maker’s stock was rallying toward a third straight double-digit percentage gain for the first time ever.Business - MarketWatch - Yesterday -
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'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 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'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 -
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 - November 13 -
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 - November 18 -
Mean reversion: has AI abolished gravity for share prices?
Despite the Magnificent Seven, US stocks are predicted to be riding for a fallWorld - Financial Times - November 13 -
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 -
Super Micro faces deadline to keep Nasdaq listing after 85% plunge in stock
Super Micro could also get a reprieve and an extension from the Nasdaq, giving it months to come into compliance.Business - CNBC - November 15 -
Super Micro files plan for its delayed reports, names new auditor; stock soars 40%
Super Micro’s stock rallies after news that staves off delisting — at least for now.Business - MarketWatch - November 19 -
Super Micro’s stock surges as company names a new auditor. What to watch next.
The company still faces many unknowns, but an analyst expects Nasdaq approval for Super Micro’s filing plan in two to five weeks.Business - MarketWatch - November 19 -
Super Micro’s stock had a historic week — but it’s still 70% off its highs
There were various positive developments for Super Micro this week, beyond the news that the company has a new auditor.Business - MarketWatch - 4 days ago -
Microsoft dips on weak guidance after beating on earnings
Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.Business - CNBC - October 30 -
Tesla’s stock extends election surge, as Elon Musk is getting $68 billion richer
Tesla’s stock is headed for its best four-day stretch in more than four years, following Donald Trump’s election win.Business - MarketWatch - November 11 -
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 - November 13 -
Super Micro Computer Submits Nasdaq Compliance Plan
The server maker said it believes it will be able to complete its annual report on Form 10-K within the discretionary period available to the Nasdaq staff to grant.Business - The Wall Street Journal - November 18 -
Extended interview: Cher
In this web exclusive, correspondent Anthony Mason sits down with the singer Cher to talk about her new book, "Cher: The Memoir – Part One," which explores the "crazy ride" of her childhood. She ...Top stories - CBS News - November 17 -
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 -
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 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 - November 16 -
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 - November 16 -
Super Micro hires new auditor to maintain Nasdaq listing; shares pop 37%
Super Micro said on Monday that it hired BDO as its independent auditor.Business - CNBC - November 19 -
Lutnick and Bessent’s battle for Treasury secretary turns bitter as Trump expands field
Wall Street factions fight for top economic post in president-elect’s cabinetBusiness - Financial Times - November 19