The Latest Breaking News from SMCI

The multi-bagger stock has been under pressure in 2024 as various issues plague the company.

We have some important companies with Palantir, Super Micro computer, Block, Moderna, Qualcomm, Arista Networks, Gilead Sciences and Airbnb all set to report.

AI server maker Super Micro isn't the biggest loser in the S&P 500, but the Nvidia partner is the biggest loser for the index.

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.33%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.79%. Stocks Wednesday relinquished early gains and posted moderate losses as a slide in chip...

The S&P 500 Index ($SPX ) (SPY ) today is up +0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.16%. Strength in tech stocks today is lifting the broader market. Alphabet is up more...

SMCI shares are spiraling after auditor Ernst & Young hit the bricks.

Super Micro Computer stock plunged after the data center specialist revealed that its accounting firm had resigned over financial reporting concerns.

The S&P 500 Index ($SPX ) (SPY ) today is down -0.27%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.50%. Stocks today gave up overnight gains and turned lower on some negative corporate news....

A bear put spread is a vertical spread that aims to profit from a stock declining in price. It has a bearish directional bias as hinted in the name.

Super Micro Computer is poised to announce its first-quarter results next month, and analysts predict a double-digit growth in the company’s bottom-line figure.

With Super Micro Computer facing intense scrutiny amid accounting uncertainties, what’s next for the AI stock?