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 …
Read More »Rupee slips to record low pressured by dollar bids from foreign banks, importers
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 …
Read More »Australia’s Sayona Mining to Buy America’s Piedmont Lithium
Australia’s Sayona Mining to Buy America’s Piedmont Lithium Source link
Read More »Super Micro stock surges as company files plan to avoid Nasdaq delisting
Super Micro Computer (SMCI) said in a filing with the Securities and Exchange Commission late Monday that it has submitted a compliance plan to avoid delisting from the Nasdaq. The company said its compliance plan shows it is on track to submit delayed filings to the SEC “and become current …
Read More »Super Micro just hired a new auditor that might save it from getting the boot from Nasdaq
Super Micro Computer hired a new auditor Monday after its previous one, Ernst & Young, quit in the middle of an engagement. The Silicon Valley-based company, which touts a close relationship with AI stock-rocket Nvidia, had risked being delisted from the Nasdaq after failing to file both an annual and …
Read More »Japan and China Dump US Treasuries Before Trump’s Victory
(Bloomberg) — Two of the world’s biggest foreign holders of US government debt offloaded a pile of Treasuries in the third quarter as they rallied before the presidential election. Most Read from Bloomberg Japanese investors sold a record $61.9 billion of the securities in the three months ended Sept. 30, …
Read More »Watch These MicroStrategy Levels as Stock Soars to Record High After Bitcoin Purchase
Source: TradingView.com MicroStrategy shares could remain in focus on Tuesday after soaring 13% to a new record high following news the software analytics company had purchased an additional $4.6 billion of bitcoin. Gains in the stock have accelerated since breaking out above a rectangle formation, with share turnover registering its …
Read More »Nvidia Stock Has Done This After Its Last Four Quarterly Results. Here’s What It May Do After Nov. 20
Nvidia (NASDAQ: NVDA) stock’s stellar rally is set to be tested when the semiconductor giant releases its fiscal 2025 third-quarter results (for the three months ended Oct. 27) on Nov. 20, as investors and analysts will be expecting the chipmaker to continue its artificial intelligence (AI)-fueled surge. After all, shares …
Read More »Why Nvidia Earnings May Trigger Massive S&P 500 Volatility
Why Nvidia Earnings May Trigger Massive S&P 500 Volatility Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Investors and speculators are gearing up for Nvidia Corp.‘s (NASDAQ:NVDA) earnings report on Wednesday, an event that’s expected to send ripples, if not tidal …
Read More »Super Micro shares skyrocket after naming new auditor
Investing.com– Shares of Super Micro Computer Inc (NASDAQ:SMCI) rose sharply in evening deals on Monday after it named BDO USA as its auditor and said it had submitted a plan to the Nasdaq seeking more time to comply with listing rules. Super Micro shares jumped 36% to $29.30 by 18:32 …
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