Super Micro Drops Near Two-Month Low on Earnings Concerns

Yahoo Finance— (Bloomberg) -- Super Micro Computer Inc. shares are seeing their biggest drop in about two months on Friday, after the maker of servers announced the date of its third-quarter results but didn’t pre-announce results.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemRecord Rainfall in Dubai? Blame Climate Change, Not...

CNBC—Super Micro plunges as investors rotate out of red-hot AI stock ahead of earnings later this month. Super Micro Computer shares plunged on Friday as investors peeled back their holdings of one of the stock market's hottest names.

Forexlive—Amazon, Super Micro Computers and AMD announce earnings after the close.. Amazon will report earnings after the close. Below are the expectations: Revenue: Expected to be $142.6 billion, up from $127.4 billion in Q1 2023.Adjusted Earnings Per Share (EPS): Expected to be $0.84, an increase from $0.31 in Q1 2023.Online Stores: Revenue expected to be $54.8 billion, up from $51.1 billion in Q1 2023.Amazon Web Services (AWS): Revenue expected to be $24.1 billion, up from $21.4 billion in Q1 2023.Advertising: Revenue expected to be $11.8 billion, up from $9.5 billion in Q1...

Bloomberg—New Zealand Business Confidence Drops to Seven-Month Low. New Zealand business confidence dropped to a seven-month low in April as high interest rates and a sluggish economy curbed household...