Shares of Super Micro Computer (NASDAQ: SMCI), best known for making artificial intelligence (AI) servers, were sliding for the third straight day today as the fallout from its auditor’s resignation continued. The stock closed down 10.5% and is now down 47% over the last three days since it reported the news. Start Your Mornings Smarter! Wake […]

CNBC’s Jim Cramer on Friday walked investors through next week’s market action, highlighting the Federal Reserve’s next meeting and earnings from Super Micro Computer. Despite the slew of earnings next week, Cramer said the presidential election will steal Wall Street’s attention. “Even with all these earnings reports coming next week, at the end of the

Key Takeaways The S&P 500 added 0.4% on Friday, Nov. 1, as strong earnings results from Amazon helped lead a resurgence in communication and technology stocks. Waters Corp. shares surged after the analytical instrument supplier posted strong third-quarter results, benefitting from sales growth across all regions and markets. Virginia-based utility AES Corp. reported a year-over-year

Florida homeowners are facing difficult choices as the state’s largest insurance provider, Citizens Property Insurance Corporation, continues to cut policies, a move that many say leaves them between a rock and a hard place. Earlier this year, Florida regulators approved plans to move policies from Citizens to private insurers, created by the Florida Legislature in

Tesla CEO and X owner Elon Musk, who supports Republican presidential nominee former U.S. President Donald Trump, gestures as he speaks about voting during an America PAC Town Hall in Folsom, Pennsylvania, U.S., October 17, 2024. Rachel Wisniewski | Reuters A Pennsylvania federal judge on Friday returned to state court a lawsuit against billionaire Elon

This story originally appeared on AirlineGeeks.com Boeing dismantled its global diversity, equity and inclusion department on Thursday, according to a report by Bloomberg citing sources familiar with the matter. The report stated that staff from Boeing’s DEI office will be combined with another human resources team focused on talent and employee experience. Sara Bowen, Boeing’s

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 investors continued to rush the exits on Friday, pushing the stock down another 10% and bringing this

Key Takeaways Tech companies have dramatically increased their spending on infrastructure this year as they’ve raced to satisfy surging demand for artificial intelligence and cloud computing. Most cloud providers said despite all that spending, they’re struggling to keep up with demand. AI has boosted growth at cloud computing units and, according to executives, is lifting

Mark Cuban, the billionaire entrepreneur known for his success with the Dallas Mavericks and his time on Shark Tank, once faced a moment that nearly destroyed his young company. In a candid conversation, Cuban shared the story of how a trusted employee almost left his business completely bankrupt — taking $82,000 out of the $84,000

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. An investor on r/Divdends, a Reddit community of 600,000 members, said they are on track to significantly increase their income over the next decade. With an anticipated $59,390 in dividend payouts over the next 12 months, the investor