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Super Micro Computer shares are losing value because there is no telling when earnings will be released

In this story Super Micro Computer Inc. (SMCI-21.93%) shares plunged more than 24% on Wednesday after the AI hardware company released a disappointing preliminary report for the first quarter and failed to confirm a timeline for actual first quarter results. That includes the San Jose-based company, which missed the deadline to file its annual report […]

By Andrew Jack

November 6, 2024November 6, 2024

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All stock market records were set on Wednesday

Topline Stock prices rose across the board on Wednesday as Wall Street reacted positively to Donald Trump's victory in the presidential election, setting numerous key milestones as stocks already traded near record levels. A trader on the floor of the New York Stock Exchange after Trump's election victory. AFP via Getty Images Important facts All […]

By Andrew Jack

November 6, 2024November 6, 2024

Elon Musk is billion richer after Donald Trump's election victory

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Elon Musk is $20 billion richer after Donald Trump's election victory

Elon Musk, Tesla CEO and the world's richest man, saw his net worth increase by around $20 billion after Donald Trump won the US presidential election. About $13 billion of that increase came as Tesla's stock price surged in early trading Wednesday morning, rising 12.7% to $283.24 at 9:40 a.m. ET compared to its closing […]

By Andrew Jack

November 6, 2024November 6, 2024

News

Nasdaq and S&P 500 futures rise as Netflix rises after an earnings beat

U.S. stock futures rose on Friday, with the technology sector leading the way, as investors welcomed Netflix's (NFLX) broader earnings beat in anticipation of its next earnings results. Futures on the tech-heavy Nasdaq 100 () rose about 0.4%, while futures on the S&P 500 () rose 0.2%. Dow Jones Industrial Average futures () were little […]

By Andrew Jack

October 18, 2024October 18, 2024

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Why do share prices fall after an interest rate cut? This is what the experts think

The Federal Reserve gave investors exactly what they said They wanted to cut interest rates by a whopping 50 basis points on Wednesday – but that was still not enough. After a brief rise after the initial announcement, stock prices went through a period of high volatility before all three major US market indices closed […]

By Andrew Jack

September 18, 2024September 18, 2024