Super Micro’s stock is now off 67% from its highs. Here’s the latest blow.
Super Micro’s filing delay could prove an “overhang” on shares, a JPMorgan analyst said in a Friday downgrade. Source link...
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Vaxcyte’s stock dips after biotech completes $1.42 billion stock offering
Vaxcyte Inc.’s stock fell 3% early Friday, after the company completed a stock offering that is expected to generate $1.42 billion in proceeds. Source link...
As Broadcom’s stock sells off, bulls say you can get this top AI play for cheap
Several analysts suggest buying Broadcom’s stock on weakness, citing VMware’s upbeat performance and a strong AI outlook. Source link...
Oil prices on track for hefty weekly drop on fears over demand
Oil futures were steady early Friday as investors awaited the U.S. August jobs report, but were on track for a large weekly slide on worries over the outlook for demand. Source link...
AST SpaceMobile shares slide on plan to sell up to $400 million of stock
Shares of AST SpaceMobile Inc. fell 14% Thursday after the space-based broadband company announced an at-the-market sale of up to $400 million of common stock. Source link...
The IRS has hauled in millions from rich people who didn’t file taxes — here’s how much
Rich people who didn’t file tax returns for years have already paid $172 million in taxes to the IRS, according to the first results of the agency’s revived program targeting scofflaws. Source link...
Kanye West finally sells the Tadao Ando-designed Malibu home, an ‘architectural gem’ that he gutted
After tearing the home apart, leaving it empty and exposed to the elements, West has sold the derelict property at a $36 million loss Source link...
WK Kellogg is upbeat about going it alone as CEO says ‘don’t sleep on our core brands’
Cereal maker WK Kellogg Co. on Thursday talked up its longer-term prospects at an analyst conference, saying that it was better off focused solely on breakfast staples like Frosted Flakes and Raisin Bran after breaking off from Kellanova last year....
CEO Jensen Huang has sold more than $633 million in Nvidia stock since June
Nvidia. Corp. Chief Executive Jensen Huang has sold more than 5 million shares of the chip maker in recent months, totaling about $633.1 million, according to a new filing. Source link...
Fed’s Goolsbee says trend of economic data justifies multiple rate cuts, starting soon
The longer-run trend of labor-market and inflation data justify the Federal Reserve easing interest-rate policy soon, and then steadily over the next year, Chicago Fed President Austan Goolsbee said Thursday, in an exclusive interview with MarketWatch. Source link...
