Supermicro's Stock Plummets 20% Amid Cooling AI Demand and Surging Costs
Super Micro Computer Inc. sees a 20% stock drop after lowering Q3 forecasts due to delayed orders and higher costs, highlighting challenges in the AI and server market.
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US Crude Oil Inventories See Significant Drop: A 2.7M Barrel Decrease Sparks Market Interest
The EIA reports a 2.7 million barrel decrease in US commercial crude oil inventories, with refinery inputs up and gasoline production down. Crude oil imports fell slightly, while t...
European Markets Rally on Strong Data Despite US Economic Slowdown Signals
European stock markets closed mostly higher amid lower-than-expected US economic data, with German DAX and CAC 40 showing gains. The euro and pound weakened against the dollar.
US Crude Oil Inventories Drop by 2.7 Million Barrels: A Deep Dive into the Latest EIA Report
The EIA reports a 2.7 million barrel drop in US commercial crude oil inventories for the week ending April 25, alongside changes in refinery operations, gasoline production, and im...
European Markets Hold Steady in Premarket Amid Key Earnings and Economic Data Releases
European markets showed little change in premarket trading as investors reacted to earnings from Volkswagen and Mercedes-Benz, alongside economic data from Germany, the Eurozone, B...
European Markets Surge at Open: Key Earnings and Economic Data Spark Investor Optimism
European markets opened higher as traders analyzed the latest earnings from major corporations and awaited key economic data. Indices like the DAX and FTSE 100 saw gains, with comp...
Tech Giants and Economic Indicators: A Crucial Day for US Stock Futures
US stock futures remained flat as investors awaited earnings from major tech companies and key economic indicators, including GDP estimates and employment data, to gauge market dir...
Oil Prices Tumble Over 1% Amid Growing Recession Fears and Rising US Inventories
Oil prices dropped over 1% due to recession fears and a rise in US oil inventories. Consumer confidence hits a pandemic low, and job openings disappoint, adding to economic concern...
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