Micro
Tuesday’s market has seen its share of fluctuations with some stocks experiencing significant moves based on company news and other market factors. Mega-cap stocks like Walmart (NYSE:) are showing strong growth, while large-cap stocks such as Super Micro Compu (NASDAQ:) are witnessing considerable volatility. Here we delve into the day’s…
Investing.com — Super Micro Computer cut its guidance for the fiscal first and second quarter and the server equipment maker said an internal probe found no evidence of fraud from management or directors following concerns raised by its auditor. Super Micro Computer Inc (NASDAQ:) shares fell more than 20% in…
Investing.com — Super Micro Computer Inc (NASDAQ:) has been under intense pressure over the last few months related to a short seller report, delayed financial filings, the risk of delisting, and last week’s auditor resignation. Amid the upheaval, Lynx Equity Strategies analyst KC Rajkumar now thinks the company may have…
By Deborah Mary Sophia and Aditya Soni (Reuters) -AI server maker Super Micro Computer (NASDAQ:) delayed the filing of its annual report, citing a need to assess “its internal controls over financial reporting,” sending shares down 25% in heavy trading on Wednesday. The delay comes one day after short-seller Hindenburg…
(Updated – August 7, 2024 12:28 PM EDT) Investing.com — U.S. stock futures rose Wednesday, continuing to rebound after the tech-led rout at the start of the week. Here are some of the biggest U.S. stock movers today: Walt Disney (NYSE:) stock fell 2.4% in volatile trading after the entertainment…
By Eduardo Baptista, Fanny Potkin and Max A. CherneyBEIJING/SINGAPORE (Reuters) – Chinese universities and research institutes recently obtained high-end Nvidia (NASDAQ:) artificial intelligence chips through resellers, despite the U.S. widening a ban last year on the sale of such technology to China.A Reuters review of hundreds of tender documents shows…
