Comey is in legal jeopardy over exoneration statement, says Chris Farrell
Judicial Watch Director of Investigations Chris Farrell on James Comey clearing Hillary Clinton before completing the investigation into her emails.
Here's what could happen next to Nvidia's shares
Super Micro (SMCI) delivered earnings and revenue surprises of 15.05% and 2.89%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
LONDON (Reuters) -Bitcoin fell for a third day on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later. The value of the world's most traded cryptocurrency fell by nearly 16% in April, as investors booked profits on a sizzling rally that has taken the price to record highs above $70,000. The price of bitcoin is now a full 22% below March's record of $73,803, technically putting it in a bear market.
China has built up a $170bn (£135bn) stockpile of gold after a record buying spree, in a move that has raised fears Beijing is preparing its economy for a possible conflict over Taiwan.
This semiconductor company is witnessing a sharp jump in growth thanks to AI, and investors can still get a great deal on its stock.
Cryptocurrency figure Roger Ver faces extradition to the U.S. on tax evasion and fraud charges.
The aggressive growth investor added to these three existing positions on Monday.
(Bloomberg) -- Super Micro Computer Inc. reported quarterly sales that tripled from the same period last year but fell slightly short of estimates, disappointing investors who had sky-high expectations that the server maker’s business would benefit from AI-related demand.Most Read from BloombergTesla Axes Most of Supercharger Team in Blow to Other AutomakersTraders Expect Biggest Fed-Day Move in S&P Since 2023, Citi SaysWall Street Hit by Fed Jitters to Close Wild April: Markets WrapPot Stocks S
(Bloomberg) -- Stocks fell and the dollar edged higher on renewed concern about higher-for-longer US interest rates, with all eyes on the Federal Reserve’s policy decision due later Wednesday. Most Read from BloombergTesla Axes Most of Supercharger Team in Blow to Other AutomakersTraders Expect Biggest Fed-Day Move in S&P Since 2023, Citi SaysWall Street Hit by Fed Jitters to Close Wild April: Markets WrapPot Stocks Surge on Report DEA Set to Reclassify MarijuanaHSBC CEO Quinn Unexpectedly Steps
(Reuters) -Artificial intelligence server maker Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by a shortage of some crucial components and questions over the profitability of a new line of servers. Shares of Super Micro, which have more than tripled in value so far this year, were down 14% in trading after the bell. The San Jose, California-based company, which builds powerful AI servers with chips from Nvidia, Advanced Micro Devices and others, forecast fourth-quarter revenue above estimates as it expects steady demand.