Super Micro Computer (NASDAQ: SMCI) crashed this morning after federal prosecutors unsealed a bombshell indictment charging a company co-founder and high-ranking employees with a massive scheme to smuggle advanced AI technology to China. SMCI stock tanked more than 25% in early trading as investors learned that Yih-Shyan “Wally” Liaw – a co-founder – and board
Chewy stock price remains in a technical bear market after falling by 50% from its highest point in June last year. It has slumped to its lowest level since July 2024 as investors focus on the upcoming earnings, which will provide more information about its business. Chewy stock pressured ahead of earnings Chewy, a top
Shares of Dell Technologies climbed sharply on Friday, benefiting from legal troubles at rival Super Micro Computer that rattled investor confidence in the AI server space. Dell stock rose 5% in the session extending its gains to roughly 30% for the year. The move came after US authorities charged three individuals linked to Super Micro
Shares of York Space Systems surged on Friday, extending a volatile post-IPO run as investors reacted positively to stronger-than-expected earnings and an upbeat growth outlook. The stock jumped as much as 28%, building on earlier gains after the company reported 2025 results that exceeded analyst expectations. York, which went public in January, has seen its
SolarEdge Technologies (NASDAQ: SEDG) has become the focus of investor enthusiasm, with shares climbing over13% in today’s session. The rally is driven by a combination of bullish analyst note, strong earnings, strategic product expansion in Europe, and a significant increase in debt financing that bolsters the company’s balance sheet. SolarEdge reported Q4 revenue of $335.36
On Friday, Bitcoin traded sideways while UK borrowing costs saw a sharp increase with Amazon reportedly planning an AI-integrated smartphone. Super Micro computer stock fell sharply after being caught in a federal indictment involving the company’s co-founder. Bitcoin stalls amid risk-off sentiment Bitcoin traded in a narrow range as investors adopted a risk-off approach following
US stocks closed sharply lower on Friday, as escalating tensions in the Middle East and surging oil prices weighed on investor sentiment and raised concerns about inflation and interest rates. The Dow Jones Industrial Average fell about 0.96% or 443 points to 45,577.47, while the S&P 500 dropped 1.51% to 6,506.48. The Nasdaq Composite led
Plug Power stock price has held steady in the past few weeks as investors reacted to the recent financial results, which showed that its business was doing well. PLUG, a top player in the hydrogen energy industry, was trading at $2.30 on Wednesday, up by 35% from its lowest level this year. This recovery may
The ongoing LPG crisis in India, triggered by the Iran war, has exposed the country’s deep dependence on fuel imports. “This is a wake-up call,” Alok Kumar, former power secretary in the Union Ministry of Power, India, and current DG of All India Discoms Association, told Invezz. “It’s good that we discuss this and the
Li Lu may not be a household name for retail investors, but in the halls of Berkshire Hathaway, he is revered. Born in China and shaped by the 1989 student protests, Lu eventually found his calling at Columbia University after hearing a lecture by Warren Buffett. His investment firm, Himalaya Capital, now manages $3.5 billion