Super Micro Computer (SMCI) stock fell over 10% in after-hours trading on Tuesday after the company’s outlook for both earnings per share and sales in the current quarter missed Wall Street’s estimates. Additionally, Super Micro still hasn’t filed its 10-K annual report, which it initially pushed back on Aug. 28. The company said it “remains […]

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7.  Annabelle Chih | Bloomberg | Getty Images Super Micro, the embattled server maker that’s late in releasing annual financials and at risk of being delisted by

Super Micro Computer (SMCI) stock fell over 10% in after-hours trading on Tuesday after the company’s outlook for both earnings per share and sales in the current quarter missed Wall Street’s estimates. Additionally, Super Micro still hasn’t filed its 10-K annual report, which it initially pushed back on Aug. 28. The company said it “remains

Key Takeaways The U.S. economy is running smoothly, but any delays in the presidential election outcome could destabilize it. Polling shows a close race, raising the chances of the outcome being thrown into doubt,  One economist said there was “nothing but downside” for the economy if the election is close and contentious. The U.S. economy

Trump Media & Technology Group stock (DJT) was briefly halted for volatility in late afternoon trading on Tuesday as investors brace for more wild swings with Election Day underway in the US. Shares quickly erased 15% gains and reversed Monday’s double-digit percentage rise to kick off the week. The stock somewhat recovered from steeper losses

V-graphix | Istock | Getty Images Cryptocurrencies were in the green on Tuesday, with bitcoin briefly topping $70,000 as investors looked forward to results from the U.S. presidential election. Bitcoin was last higher by nearly 3% at $69,463.61, according to Coin Metrics. Earlier, it rose as high as $70,522.84. It is currently 5% off its

Trump Media & Technology Group stock (DJT) was halted for volatility in late afternoon trading on Tuesday as investors brace for more wild swings with Election Day underway in the US. Shares quickly erased 15% gains and reversed Monday’s double-digit percentage rise to kick off the week. The stock suffered its largest percentage decline last

One of the most hyped market-moving events of the year has arrived. Americans have headed to the polls Tuesday to vote in a presidential election between Donald Trump and Kamala Harris. The outcome could have an impact on financial markets for the rest of the year and beyond. For the broader market, Wall Street strategists

KEY TAKEAWAYS Younger homebuyers find it harder to break into the housing market as they face higher costs and limited inventory. This year, the average age of home buyers increased to a record high as first-time homebuyers in particular struggle to afford housing costs. The housing market has consistently darkened economic reports as mortgage rates

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Wall Street was rallying Tuesday as voters headed to the polls on Election Day. The Nasdaq was leading the charge, up 1.3%. The S & P 500 was up