Business

The mad dash to adopt artificial intelligence (AI) has catapulted a number of companies into the spotlight, and Super Micro Computer (NASDAQ: SMCI), commonly called Supermicro, has arguably been one of the biggest beneficiaries. The company is the leading provider of servers specially designed to withstand the rigors of AI, …

Super Micro Stock Soars 29%. Why It Isn’t Out of the Woods Yet. Source link

C3.ai (NYSE: AI) stock rushed out of the gate Tuesday morning, gaining 13.2% through 9:50 a.m. ET after announcing a “strategic alliance” with software powerhouse Microsoft. Highlighting each company’s respective strengths, artificial intelligence (AI) applications specialist C3.ai and artificial intelligence server farm operator Microsoft say they will work together “to …

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Super Micro Computer (SMCI) stock rose as much as 29% in premarket trade on Tuesday after the AI server maker late Monday submitted a compliance plan with the SEC to avoid delisting from the Nasdaq. The company said its compliance plan shows it is on track to submit delayed filings …

US stock futures fell on Tuesday as worries about a nuclear escalation to the Russia-Ukraine war rattled markets, stealing focus from Nvidia (NVDA) earnings and other corporate results. Dow Jones Industrial Average futures () led declines, down 0.6%, while S&P 500 futures () slid roughly 0.4%. Contracts on the tech-heavy …

Super Micro Stock Soars 29%. Why It’s Not Out of the Woods Yet. Source link

Stanley Druckenmiller wowed investors year after year with his winning streak at the helm of Duquesne Capital Management. There, he scored an average annual return of 30% over 30 years — and didn’t post a single year of money losses. This top investor closed the fund in 2010 but has …

MUMBAI (Reuters) – The Indian rupee slipped to its all-time low on Tuesday pressured by dollar demand from foreign banks and importers, including local oil companies, traders said. The rupee hit a low of 84.4150, eclipsing its previous record low of 84.4125 hit last week. The currency was last quoted …