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SMCI

The Dow falls 400 points and the Nasdaq sinks 450 as Microsoft and Meta lead a tech stock selloff

Quartz

qz.com › djia-sp500-nasdaq-microsoft-meta-tech-stocks-inflation-1851686136

The Dow Jones Industrial Average fell more than 400 points Thursday mid-morning, alongside sharp Nasdaq and S&P 500 declines, following weaker-than-expected earnings reports from Microsoft (MSFT) and Meta (META). Super Micro Computer (SMCI) stock continued to fall following the resignation of Ernst & Young, the…

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AI darling Super Micro Computer could get booted off the Nasdaq as the stock plunges another 15%

Quartz

qz.com › super-micro-computer-risk-nasdaq-delisting-ai-1851686222

Shares of Super Micro Computer (SMCI) fell an additional 15% on Thursday, trading at $28 per share, following the resignation of auditor Ernst & Young. Although the server company joined the S&P 500 in March 2024, this year hasn’t been smooth, and now it faces potential delisting from the Nasdaq. After receiving a…

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Super Micro Computer stock plunges 30% as auditor Ernst & Young quits

Quartz

qz.com › super-micro-computer-stock-ernst-young-auditor-resign-1851685071

Super Micro Computer (SMCI) stock dropped 32% in the Wednesday morning trading, after the server company announced that its auditor, Ernst & Young, had resigned. The departure follows months of disagreement over Super Micro Computer’s governance practices and board independence.

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Super Micro Computer stock surges 15% on big AI demand

Quartz

qz.com › super-micro-computer-stock-shares-surge-ai-demand-gpu-1851667019

Server company Super Micro Computer (SMCI) unveiled a new liquid cooling solution for AI data centers on Monday, while also revealing it’s shipping over 100,000 graphics processing units (GPUs) quarterly — news that sent its stock climbing more than 15% in midday trading.

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Super Micro Computer's big stock split, Costco rises, and Bitcoin falls: Markets news roundup

Quartz

qz.com › super-micro-computer-stock-split-costco-bitcoin-price-1851665581

Super Micro Computer (SMCI) is set to undergo a stock split after the market closes on Monday, aligning itself with other prominent AI-driven companies like Nvidia and Broadcom, which also executed stock splits earlier this year. Following the split, the stock will begin trading Tuesday at its adjusted—and…

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