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SUPER MICRO COMPUTER
Dell shares jump 11% after strong AI server demand boosts annual forecastOn Wednesday, Dell Technologies experienced a notable surge in its shares, fueled by booming demand for AI servers. Companies such as Dell ...
Dell again lifts annual forecasts as AI demand powers record resultsDell raised its annual revenue outlook to $192 billion from $167 billion and adjusted earnings per share forecast to $25.50 from its earlie...
First drones, now missiles. The spending is certain, who gets the maximum is not: 14 stocks from the defence ecosystemThe defence sector’s positives are well known. But there are some unknowns. For “security reasons” we will never know how or why orders are...
US earnings cycle no longer carried by Mag7 as profits spread across S&P 500US earnings momentum is broadening beyond the Magnificent 7, with S&P 500 CY27 EPS estimates rising nearly 22% year-on-year. Stronger reven...
Tamil Nadu scraps Parandur airport plan, looks for new site near ChennaiTamil Nadu's Chief Minister Joseph Vijay announced the abandonment of the Parandur airport project. This decision prioritizes agricultural ...
Global Market: China stocks rise on AI optimism; Hong Kong shares mostly flatChinese mainland stocks advanced, led by optical communications and technology shares, as strong AI demand forecasts boosted sentiment. Hon...
Tamil Nadu to sign pacts for Rs 15,000 crore in new projects by overseas firms: ReportTamil Nadu will sign agreements worth 150.5 billion rupees for new overseas projects. The state government announced 97 pacts totaling 674....
US stocks: S&P 500 ends higher as CoreWeave results fuel AI optimismUS stock markets closed higher on Wednesday, driven by strong AI infrastructure company earnings. Mild inflation data reinforced expectatio...
Why US stocks are rising: Nasdaq leads Wall Street higher as AI stocks rally, inflation supports Fed pauseUS stock markets rallied on Wednesday, with the Nasdaq taking the lead in gains. Encouraging earnings reports from AI infrastructure compan...
US stocks: CoreWeave, Super Micro surge on signs of sustained AI buildoutCoreWeave and Super Micro have seen their stock prices soar to new heights amid a rising tide of demand for AI infrastructure. CoreWeave ha...
Supermicro tops earnings expectations, stock jumps on strong AI-driven outlook
Super Micro forecasts upbeat annual revenue on data center adoptionAI infrastructure firms have seen demand surge as tech and cloud companies ramp up data center investments to support AI applications.
Global Markets Today: Asian stocks mixed, oil extends gainsAsian markets showed cautious optimism as crude oil prices experienced slight increases, with eyes on potential agreements in the Middle Ea...
Defence stocks: Time to change strategy? 18 stocks with downside and upside potential from minus 26% to plus 26%When a stock remains in the red for several months, investors naturally begin questioning the investment. Imagine a shipbuilder remaining w...
US stocks today: S&P 500, Nasdaq close lower amid mixed show by tech stocks ahead of earningsU.S. markets ended mixed with Nasdaq under pressure as software stocks dragged while chip stocks gained. Investors remained cautious ahead ...
Global Market Today: Asian stocks advance on tech rally, yen weakensAsian stocks climbed for a second day, led by chipmakers. The Kospi Index saw a significant jump, reflecting AI investment optimism. Crude ...
US probes Samsung for alleged infringement of Netlist's memory-chip patentsUS trade regulators have launched a probe into Samsung memory chips. This investigation follows a complaint alleging patent infringement by...
Stocks priced for ‘sunshine and rainbows’ now face earnings testWall Street enters the second-quarter earnings season with expectations near record highs, leaving companies with little room for disappoin...
Singapore police say AI chip fraud suspects face additional fraud and money laundering chargesThe charges relate to an investigation of fraud by falsely representing who would be the end-user of servers purchased from Dell, Super M...
Hindenburg Research discloses short position in server maker Super Micro; shares fall 5%Hindenburg Research announced a short position in Super Micro Computer, alleging accounting manipulation. The server maker's shares dropped...