Supermicro's Stock Plummets 20% Amid Cooling AI Demand and Rising Operational Costs
Super Micro Computer Inc. faces a nearly 20% stock drop after lowering its Q3 revenue and earnings forecasts, citing delayed orders and higher costs.
Super Micro Computer Inc. faces a nearly 20% stock drop after lowering its Q3 revenue and earnings forecasts, citing delayed orders and higher costs.
The Dow Jones Industrial Average experienced a significant drop of 650 points amid concerns over the U.S. economy's contraction in Q1 2025 and underwhelming private payroll data. T...
European equities traded mostly flat in Wednesday's premarket amid new earnings reports and economic data, including GDP figures and inflation rates, with slight movements in stock...
European stocks opened higher as traders analyzed earnings from major companies and awaited key economic data. The DAX and Euro Stoxx 50 saw modest gains, with Deutsche Post and So...
US stock futures remained steady as investors awaited earnings reports from major tech and industrial companies, alongside key economic indicators that could influence market senti...
Oil prices dropped by over 1% as recession fears grow, influenced by falling US consumer confidence and unexpected job openings decline. US oil inventories rose by 3.76 million bar...
Gold prices dropped over 1% after President Trump hinted at a 'fair deal' with China, easing investor worries and shifting focus away from safe-haven assets. Other precious metals ...
US stock futures turned to losses as investors awaited earnings from major tech companies and key economic reports, with the Nasdaq 100 and S&P 500 declining while the Dow remained...