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Super Micro Computer surges 20% after filing delayed financials by deadline

Super Micro Computer surges 20% after filing delayed financials by deadline

Charles Liang, CEO of Super Micro Computer, during the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023. David Paul Morris | Bloomberg | Getty Images Super Micro Computer shares rallied 20%% after the AI server company filed its delayed financial results by the Nasdaq’s deadline. The company’s auditor BDO wrote in […]

Super Micro Computer surges 20% after filing delayed financials by deadline Read More »

Super Micro files financials just ahead of Nasdaq deadline, stock pops

Super Micro files financials just ahead of Nasdaq deadline, stock pops

Charles Liang, CEO of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg | Getty Images Super Micro Computer reported its delayed financial results on Tuesday just in time to meet the Nasdaq’s listing deadline. Shares of the server maker popped 15% in extended trading

Super Micro files financials just ahead of Nasdaq deadline, stock pops Read More »

Workday beats estimates for revenue and profit, stock jumps

Workday beats estimates for revenue and profit, stock jumps

Carl Eschenbach, CEO of Workday speaks on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 23, 2025. Gerry Miller | CNBC  Workday, the maker of human resources and finance software, reported better-than-expected quarterly results on Tuesday. The shares popped more than 7% in extended trading. Here’s how the company did

Workday beats estimates for revenue and profit, stock jumps Read More »

Tesla’s market cap sinks below  trillion as stock slumps more than 9%

Tesla’s market cap sinks below $1 trillion as stock slumps more than 9%

Elon Musk, chief executive officer of Tesla Inc., in the Oval Office of the White House in Washington on Tuesday, Feb. 11, 2025. Aaron Schwartz | Bloomberg | Getty Images Tesla’s post-election pop has almost disappeared. Shares of the electric vehicle maker plunged by more than 9% on Tuesday, pushing the company’s market cap below

Tesla’s market cap sinks below $1 trillion as stock slumps more than 9% Read More »

Perplexity AI launching  million venture fund to back early-stage startups

Perplexity AI launching $50 million venture fund to back early-stage startups

Perplexity AI logo is seen in this illustration taken January 4, 2024.  Dado Ruvic | Reuters Perplexity AI, the developer of a popular artificial intelligence search engine, is close to raising a $50 million venture fund focused on early-stage AI startups, CNBC has learned. The company will be an anchor investor in the fund, but

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Hims & Hers shares plunge 28% on concerns over weight loss business, margins

Hims & Hers shares plunge 28% on concerns over weight loss business, margins

The Hims app arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025.  Gabby Jones | Bloomberg | Getty Images Shares of Hims & Hers Health fell 28% on Tuesday, a day after the telehealth company released fourth-quarter results that disappointed on gross margin and sparked concerns about the future of its

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Hims & Hers shares tumble 18% as margin miss adds to concerns about GLP-1 business

Hims & Hers shares tumble 18% as margin miss adds to concerns about GLP-1 business

The New York Stock Exchange with a Hims & Hers Health banner is pictured in the Manhattan borough of New York City. Carlo Allegri | Reuters Hims & Hers Health shares plunged 18% in extended trading on Monday after investors looked past better-than-expected revenue and earnings and focused instead on the disappointing gross margin. Here’s

Hims & Hers shares tumble 18% as margin miss adds to concerns about GLP-1 business Read More »

Fintechs like Block and PayPal are battling like never before to be your all-in-one online bank

Fintechs like Block and PayPal are battling like never before to be your all-in-one online bank

Jack Dorsey, co-founder of Twitter Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Jack Dorsey’s Block got started as Square, offering small businesses a simple way to accept payments via smartphone. Affirm began as an online lender, giving consumers

Fintechs like Block and PayPal are battling like never before to be your all-in-one online bank Read More »

How AI is speeding the mining of valuable metals needed to power the clean economy

How AI is speeding the mining of valuable metals needed to power the clean economy

As the clean energy economy expands, finding the minerals and metals that power it becomes increasingly critical. The answer might lie with artificial intelligence. Electric cars, solar panels and hydrogen fuel cells all have one thing in common: the need for precious metals. Historically, that’s required going through the arduous process of finding the metals

How AI is speeding the mining of valuable metals needed to power the clean economy Read More »

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