Category: Super
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Super Micro Computer Stock Has Dropped 60% on Troubling News. Here’s What You Need to Know After the Company’s Latest Update.
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Super micro computer (NASDAQ: SMCI) He started the year as a star in the AI market. The equipment maker has been around for more than 30 years, selling servers and carrier bandwidth solutions, but has already seen profits increase as artificial intelligence (AI) booms. In recent quarters, Supermicro has reported…
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Super Micro Computer stock continues wild ride as investors weigh AI hype against alleged DOJ probe
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Super Micro Computer ( SMCI ) stock fell 2.5% on Thursday after rising as much as 9% the day before, continuing its rollercoaster ride for a week as investors oscillate between optimism about the company’s strong financial position and caution about regulatory risks. It is said that super micro is…
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Fed’s Goolsbee: This is a super jobs report
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The end of the port strike is another good news The Fed doesn’t want to interact too much with a single data point If we get more jobs reports like this, we will be more confident that we are stabilizing at full employment A strong jobs report likely means strong…
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Super Micro Plunges as Prosecutor Reviews Accounting Claims
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(Bloomberg) — Super Micro Computer Inc. fell. The most in a month following a report that the US Justice Department was looking into a former employee’s claims that the server maker violated accounting rules, a few years after settling a bookkeeping case with the top financial regulator. Most read from…
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Super Micro Computer probed by DoJ
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Super Micro Computer (NASDAQ:SMCI), a major player in the artificial intelligence server industry, is under investigation by the U.S. Department of Justice, according to a report from The Wall Street Journal (WSJ). The investigation comes on the heels of a report by short-selling firm Hindenburg Research that raised concerns about…
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CNOOC Limited Successfully Withstands Super Typhoon “Yagi” By Investing.com
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Hong Kong, September 14, 2024 /PR Newswire/ — CNOOC Corporation (NYSE:) Limited Hong Kong Heavy Industries Limited (hereinafter referred to as the “Company”, HKEX: 00883 (HKD counter) and 80883 (RMB counter), HKEX: 600938) announced today that thanks to the Company’s continued focus on safety and environmental protection performance, as well…
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Global SMEs show resilience and optimism as Alibaba.com sees near 70% rise in super September orders
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Global small and medium-sized businesses (SMBs) are increasingly optimistic about their future prospects, according to the new Global SMB Confidence Index from Alibaba.com, the leading B2B e-commerce platform. The study, conducted with SME decision-makers in France, Germany, the UK and the US, highlights a strong sense of resilience as SMEs…
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Super Micro delays annual filing to review internal controls, shares fall By Reuters
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(Reuters) – Super Micro Computer Inc (NASDAQ:SMIC) on Wednesday delayed filing its annual report and said it needed more time to evaluate the “effectiveness of internal controls” over its financial reporting, sending shares of the artificial intelligence server maker down 21%. The move comes a day after Hindenburg Research revealed…
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Bitcoin Analyst Predicts Super Cycle With A Target Of $220,000, But This Must Happen First
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Following the much-anticipated Bitcoin 2024 conference in Nashville, Tennessee over the weekend, a noticeable surge in positive market sentiment pushed the price of Bitcoin to a one-month high of $70,000 on Monday. Analysts are now looking at the possibility of an extended supercycle, with market expert Dr. Profit suggesting that…
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Bitcoin Analyst Predicts Super Cycle With A Target Of $220,000, But This Must Happen First
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Following the much-anticipated Bitcoin 2024 conference in Nashville, Tennessee over the weekend, a noticeable surge in positive market sentiment pushed the price of Bitcoin to a one-month high of $70,000 on Monday. Analysts are now looking at the possibility of an extended supercycle, with market expert Dr. Profit suggesting that…
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Ford ramping up production of popular F-Series Super Duty truck to Canada (F)
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To meet demand for the most popular pickup truck among businesses and consumers, Ford Motor Company (New York Stock Exchange: FFord is expanding production of F-Series Super Duty trucks to its Oakville, Ontario, Canada assembly plant with a $2.3 billion investment. The Canadian facility will increase Total production of the…
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Elon Musk said to commit around $45M per month to pro-Trump Super PAC: reports
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Abu Gomez/Getty Images News Elon Musk, the tech company’s CEO, plans to contribute about $45 million a month to a super PAC that backs President Trump, the Wall Street Journal reported, citing people familiar with the matter. Musk, who leads Tesla (NASDAQ: Tesla), SpaceX (space), xAI and X, are backing…
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Super Micro stock ousts Walgreens in Nasdaq-100 (NASDAQ:SMCI)
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Odin Design supercomputerNASDAQ:SMCI) will join the Nasdaq 100 Index (NDX) before markets open on Monday, July 22, replacing drugstore chain Walgreens Boots Alliance (NASDAQ: WBANASDAQ (NDAQ) announced. The electronic stock market said in a statement issued late Friday: This super micro (SMCI), an AI server company, will also replace Deerfield,…
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Super Micro stock ousts Walgreens in Nasdaq-100 (NASDAQ:SMCI)
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Odin Design supercomputerNASDAQ:SMCI) will join the Nasdaq 100 Index (NDX) before markets open on Monday, July 22, replacing drugstore chain Walgreens Boots Alliance (NASDAQ: WBANASDAQ (NDAQ) announced. The electronic stock market said in a statement issued late Friday: This super micro (SMCI), an AI server company, will also replace Deerfield,…
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Why Is This BTC Chart Super Bullish?
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Bitcoin is trending higher in spot market prices, having surpassed $63,000 on June 30 before pulling back. Despite the momentum, the price action is a source of debate. However, some are skeptical, believing there is a reason for its value to rise to such exaggerated levels. Analyst: Bitcoin Is Overvalued,…
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Crypto super PAC gets crucial wins in US primaries, plans significant spending for general election
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Fairshake PAC plans to spend more than $100 million in the general election to support pro-crypto lawmakers. Super PACs funded by major crypto companies scored big victories in recent congressional primaries. The Fairshake political action committee, created to support pro-crypto industry candidates, plans to spend… More than $100 million In…
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Crypto super PAC gets crucial wins in US primaries, plans significant spending for general election
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Fairshake PAC plans to spend more than $100 million in the general election to support pro-crypto lawmakers. Super PACs funded by major crypto companies scored big victories in recent congressional primaries. The Fairshake political action committee, created to support pro-crypto industry candidates, plans to spend… More than $100 million In…
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SoftBank CEO talks up artificial super intelligence ambitions By Reuters
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TOKYO (Reuters) – SoftBank Group CEO Masayoshi Son said on Friday that the group’s mission is to help advance humanity by achieving super-artificial intelligence, which he said will exceed human capabilities by a factor of 10,000. “SoftBank Group (TYO:) has done many things so far that have all been a…
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Supra And Killer Whales Partner For $100M ‘Super DApp Showdown’
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In the rapidly evolving blockchain landscape, the announcement of a groundbreaking partnership between Supra, a leading tier-1 blockchain platform, and Killer Whales, a prominent cryptocurrency-focused media entity, has generated significant buzz within the developer community. The two forces have joined forces to launch the “Super dApp Showdown,” a high-stakes competition…
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HyperCycle Hands Out NFC-Powered Wearable HyperRings at Super AI In Singapore
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Blockchain-based AI infrastructure startup HyperCycle.ai It is making its mark in the wearables market by launching the new HyperRing. It is a strikingly beautiful, battery-free device that uses NFC technology to enable crypto payments and securely store user data in a decentralized manner. the first Excessive rings It was distributed…