
Super Micro Stock Dips on Delivery Delays
Super Micro Computer shares dropped after the AI server maker missed quarterly estimates due to delivery delays, pushing $1.5 billion in revenue to the next quarter.
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Super Micro Computer shares dropped after the AI server maker missed quarterly estimates due to delivery delays, pushing $1.5 billion in revenue to the next quarter.

US stock indexes closed sharply lower on Tuesday as valuation concerns, particularly in the tech sector, and weaker economic data weighed on investor sentiment.

Investors are closely watching the Federal Reserve's next moves as tech giants report mixed earnings and Nvidia's market cap soars past $5 trillion.

U.S. stock futures are mixed as strong earnings from tech giants like Amazon lift the Nasdaq, while broader market indices show caution amid global economic concerns.

Adobe CEO Shantanu Narayen says the company's stock is undervalued, arguing the market is too focused on AI hardware and is overlooking software's long-term potential.

Apple's stock reached an all-time high of $277.32 after the company forecasted record-breaking revenue for the holiday quarter, projecting an 11% sales increase.

The stock market rally paused as Federal Reserve Chair Jerome Powell cast doubt on a December rate cut. Tech stocks, led by Nvidia, soared on AI optimism, while interest-rate sensitive sectors decline

Meta Platforms stock is on a seven-day winning streak, surging past $750 per share ahead of its Q3 earnings report amid a major restructuring of its AI division.

Netflix's strong Q3 financial results, including a 23% free cash flow margin, suggest the stock may be undervalued with a potential 23% upside to $1,374 per share.

U.S. stocks, including the S&P 500 and Nasdaq, recovered all prior-day losses, buoyed by news of a Trump-Xi meeting and a rebound in tech stocks.

Technology stocks, including Unity, Palantir, and Upland Software, fell today. New U.S.-China trade restrictions and disappointing earnings from Texas Instruments and Netflix fueled market concerns.

The Dow Jones Industrial Average hit a new intraday record, fueled by strong earnings from Coca-Cola, 3M, and GM, signaling a robust start to Q3 earnings season.