Super Micro Stock Slides Lower, Sets Date for Fiscal Q1 Update
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Stock price plummeted! The accounting scandal of super micro computer has caused another stir, with the auditing firm resigning, while competitor dell technologies' stock price rising.
Super Micro Computer stated in a document on Wednesday that the company's auditing firm has resigned.
Dell Shares Are Trading Higher. The Stock May Have Moved After Super Micro Computer Announced Its Independent Auditor, Ernst & Young, Resigned Over Governance and Transparency Concerns.
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U.S. stocks close | The three major indexes are mixed, with the Nasdaq hitting a new high for the fourth consecutive rise; chip stocks are strong, AMD closed up 4% but fell over 7% after hours due to poor guidance; cryptos concept stocks are rising.
The USA economy is mixed, with consumer confidence increasing but job vacancies hitting a three-and-a-half-year low. The Dow Jones and small cap stocks fell, while the S&P and Nasdaq turned higher. The chip index rose by more than 2%, while the Chinese concept index turned down by over 1%. Trump's media fluctuations have repeatedly caused trading to be suspended.
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Express News | Institutions: In the third quarter, global laptop shipments increased by 5% year-on-year.
US stocks closed | The three major indices collectively rose, with the China Golden Dragon Index leading the large cap with a rise of over 4%; Bitcoin returned to $0.07 million, and crypto concept stocks strengthened; Donald Trump concept stock DJT surged
Small cap stocks rose 1.7% to lead the way, Nasdaq approaching its all-time high, tesla reversed down by 2.5%, nvidia fell by 1% at one point, nio inc surged over 10%, North American uranium mines and nuclear energy concept stocks rose together, Altman-backed Oklo surged over 28% to a new high.
jpmorgan warning: ai demand surge is overwhelming usa water resources!
JPMorgan stated that the USA is facing serious water resource pressure, which could harm the world's largest economy and affect corporate valuations.
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