W

Super Micro’s stock soars as its margins unexpectedly double

Business Management
Share
Super Micro’s stock soars as its margins unexpectedly double

The AI server maker now expects gross margins to be in the range of 15% to 17% thanks to an improving customer and product mix

Super Micro’s stock soars as its margins unexpectedly double


Source:MarketWatch

Disclaimer:Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

CFTC gets into legal clash over stock perps after having cleared path for crypto version

A group backed by Citadel Securities and other firms sued the U.S. derivatives regulator for opening a path for perps that it argued belong in the SEC's hands.…

AI’s control over the bond market is growing — even rivaling war and elections

“Hyperscalers” burned through their cash. Now their bond deals are helping fuel the economy. Source:MarketWatch

SpaceX blocks tokenized stock listing on OKXICE despite offshore trading boom

SpaceX joined several other issuers objecting to OKXICE tokenized trading, months after crypto platforms offered tokens tied to its shares. Source:Cointelegraph

S&P 500 is looking over the edge of a technical cliff — what happens if it falls off?

Falling below 7,500 would lead to a dramatic increase in selling pressure and volatility, a J.P. Morgan strategist says, and that could end in a fullblown…

Source:https://www.marketwatch.com/story/super-micros-stock-soars-as-its-margins-unexpectedly-double-8aa83784