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Super Micro Computer (NASDAQ: SMCI) experienced a significant drop of 20% in share price following its fiscal fourth-quarter earnings report, despite announcing a stock split and strong revenue guidance.
The company reported a 143% revenue increase to $5.31 billion, aligning with analysts'...
Market Gains: U.S. stock indexes saw significant gains on Thursday, with the S&P 500 jumping 2.3%, the Dow Jones rising 1.76%, and the Nasdaq surging 2.87%.
Jobless Claims Drop: Weekly jobless claims fell to 233,000, lower than expected, providing optimism despite recent concerns about the...
Citius Pharmaceuticals Inc. (NASDAQ: CTXR), a penny stock, has achieved a significant milestone by securing its first FDA approval for Lymphir (denileukin diftitox-cxdl), a drug developed to treat relapsed or refractory cutaneous T-cell lymphoma (CTCL) in patients who have undergone at least one...
Citius Pharmaceuticals Inc. (NASDAQ: CTXR), a penny stock, has achieved a significant milestone by securing its first FDA approval for Lymphir (denileukin diftitox-cxdl), a drug developed to treat relapsed or refractory cutaneous T-cell lymphoma (CTCL) in patients who have undergone at least one...
Intel Corporation is embroiled in a class-action lawsuit filed by shareholders after the company's stock suffered a dramatic 26% decline, wiping out over $32 billion in market value.
The lawsuit, filed in the U.S. District Court for Northern California, accuses Intel, along with its CEO...
Tesla (TSLA) is taking a significant step to expand its energy business in Texas by partnering with Sunrun (RUN), a leading provider of solar and home energy solutions. This collaboration is designed to help homeowners in Texas build "virtual power plants" by leveraging Tesla’s Powerwall battery...
Microsoft (MSFT) has recently reported its Fiscal Q4 earnings, showcasing strong financial performance yet eliciting mixed reactions from investors. Despite exceeding both earnings and revenue expectations, concerns over declining margins and slower cloud revenue growth led to a temporary drop...
A Tesla Model S that was in "Full Self-Driving" (FSD) mode hit and killed a 28-year-old motorcyclist in the Seattle area in April, police reported. The 56-year-old driver was arrested on suspicion of vehicular homicide after admitting to using his cell phone while the car's driver assistance...
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