Super Micro plummets after posting revenue miss
The Super Micro Computer logo is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Super Micro Computer shares plunged 14% on Wednesday after…
Super Micro (SMCI) Q3 earnings report 2024
Lisa Su, chair and CEO of Advanced Micro Devices, left, and Charles Liang, CEO of Super Micro Computer, speak at the AMD Advancing AI event in San Jose, California, on…
The Fed is main event of week that includes jobs report, tech earnings
The Federal Reserve’s latest policy announcement will be the main event for investors in the week ahead, as Wall Street looks for clues on the health of the economy and…
U.S. chipmaker Intel was once dominant, now struggles to stay relevant
Intel CEO Pat Gelsinger speaks while showing silicon wafers during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023. Seth Wenig | AP Intel’s long-awaited turnaround looks…
Investing in the AI theme for the long haul. How to pick the winners
Fotografielink | Istock | Getty Images Artificial intelligence has shaken up the investing landscape since the groundbreaking launch of ChatGPT in November 2022. Since then, investors have poured money into…
ULTA, NFLX, AXP, IBTA and more
Check out the companies making headlines in midday trading. Ulta Beauty — Ulta Beauty shares fell 3% after Jefferies downgraded the beauty retailer to a hold from a buy rating,…
Super Micro plunges ahead of third-quarter earnings later this month
David Paul Morris | Bloomberg | Getty Images Super Micro Computer shares plunged 23% on Friday as investors scaled back their holdings of one of the market’s hottest stocks ahead…
Intel unveils Gaudi 3 AI chip as Nvidia competition heats up
Pat Gelsinger, CEO Intel, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Intel on Tuesday unveiled its…
Stocks making biggest moves midday: Micron, MicroStrategy and more
Check out the companies making headlines in midday trading. Micron Technology — Shares jumped more than 6% after Bank of America raised its price target on the chipmaker. The Wall…
DNUT, DJT, MKC and more
Check out the companies making headlines in midday trading. Krispy Kreme — Krispy Kreme popped 39% and notched its best day on record. McDonald’s plans to sell the company’s doughnuts…