Super Micro slides 8% after stock is dropped from Nasdaq 100

Super Micro slides 8% after stock is dropped from Nasdaq 100

Super Micro Computer CEO Charles Liang at the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg | Getty Images Super Micro Computer joined the Nasdaq 100 in July. Five months later, it’s out, and the stock is down 8% on the news. Nasdaq said late Friday that Super Micro is … Read more

Super Micro gets Nasdaq extension, can file financials by February

Super Micro gets Nasdaq extension, can file financials by February

The Super Micro Computer headquarters in San Jose, California, on Dec. 3, 2024. David Paul Morris | Bloomberg | Getty Images Embattled server maker Super Micro Computer said on Friday that it received an extension from Nasdaq, giving the company until February to maintain its listing on the stock exchange. The stock rose 7% in … Read more

Workday shares pop 9% on inclusion in S&P 500

Workday shares pop 9% on inclusion in S&P 500

A close-up of the Workday logo on its headquarters in Pleasanton, California. Smith Collection | Archive Photos | Getty Images Workday shares jumped 9% in extended trading on Friday after S&P Dow Jones Indices said the cloud software vendor will be added to the S&P 500. The company, which has a market cap of about … Read more

Super Micro hires new auditor to maintain Nasdaq listing; shares pop

Super Micro hires new auditor to maintain Nasdaq listing; shares pop

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 Embattled server maker Super Micro Computer said on Monday that it’s hired BDO as its new auditor and submitted … Read more

Super Micro faces deadline to keep Nasdaq listing after 85% plunge

Super Micro faces deadline to keep Nasdaq listing after 85% plunge

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 Computer could be headed down a path to getting kicked off the Nasdaq as soon as Monday. … Read more

Super Micro’s 45% plunge this week wipes out stock’s gain for the year

Super Micro’s 45% plunge this week wipes out stock’s gain for the year

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 11% and bringing this … Read more

Super Micro shares tumble 15% after DOJ reportedly opens probe into company

Super Micro shares tumble 15% after DOJ reportedly opens probe into company

Jaque Silva | SOPA Images | Lightrocket | Getty Images Super Micro Computer shares fell more than 15% on Thursday after the Justice Department reportedly opened a probe into the company, which has been a major beneficiary of the artificial intelligence boom. The probe is in its early days, according to a report from The … Read more

10 things to watch in the stock market Wednesday, including automaker downgrades

10 things to watch in the stock market Wednesday, including automaker downgrades

Top 10 things to watch Wednesday, Sept. 25 — Today’s newsletter was written by the Investing Club’s director of portfolio analysis, Jeff Marks. 1. The S & P 500 is on track for a muted open Wednesday following another record close Tuesday. Club holding Nvidia helped lift the market Tuesday but earnings loom from fellow … Read more

Wall Street extends winning run

Wall Street extends winning run

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

Nvidia rebounds after TSMC says AI chip demand remains strong

Nvidia rebounds after TSMC says AI chip demand remains strong

Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Conference at the SAP Center in San Jose, California, on March 18, 2024. Justin Sullivan | Getty Images Nvidia shares rose about 3% during trading on Thursday, rebounding one day after the stock plunged 7% on geopolitical concerns sparked by comments from U.S. … Read more