Super Micro Computer (NASDAQ: SMCI) stock was battered again in Friday’s trading. The server company’s share price ended the session down 6.8%, according to data from S&P Global Market Intelligence.…
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Cryptocurrency News
Big Lots prepares bankruptcy filing with plans to sell stores, Bloomberg News reports
by skolnes(Reuters) – Discount home goods retailer Big Lots is preparing to file for bankruptcy as early as this Sunday and plans to sell its chain of stores through a court-supervised…
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If you look up “artificial intelligence” (AI) in the dictionary, you might just see a picture of the Nvidia logo. I’m obviously kidding, but there’s no denying that this business has…
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Why Nvidia and Chip Stocks Just Had Their Worst Week in More Than 2 Years
by skolnesI-Hwa Cheng / AFP / Getty Images Nvidia CEO Jensen Huang speaks at an event in Taipei last October. Key Takeaways Chip stocks had their worst week since January 2022,…
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Super Micro Computer (NASDAQ: SMCI) is getting hit with another round of big sell-offs Friday. The company’s share price was down 5.5% as of 3:15 p.m. ET, according to data…
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Nasdaq, S&P 500 see worst week of the year in volatile start to September
by skolnesUS stocks sold off Friday following a weak jobs report for August. But one economist predicts market volatility will likely continue in the months ahead. “I do think we’re probably…
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Cryptocurrency News
Why Meta Platforms, Amazon, Alphabet, and Other “Magnificent Seven” Stocks Slumped on Friday
by skolnesThe biggest driver of the market rally since early last year has been the proliferation of artificial intelligence (AI). Many of the world’s largest companies have been investing heavily to…
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Nvidia (NASDAQ: NVDA) was among the tech stocks plunging today after the Bureau of Labor Statistics reported cooler-than-expected job growth in August. Just 142,000 jobs were added last month, below…
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Nvidia (NASDAQ: NVDA) stock is getting hit with another day of big sell-offs Friday. The company’s share price was down 4.5% as of 1:15 p.m. ET, according to data from…
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Cryptocurrency News
One of the biggest AI stocks of the year hit with downgrade from JPMorgan
by skolnesIt’s been a terrible couple of weeks for Super Micro Computer (SMCI) stock. Shares of the data center server maker, considered one of this year’s biggest beneficiaries of the AI…