Finance

Shares of Super Micro Computer fell 33% on Wednesday following the announcement that Ernst & Young (EY) had resigned as its public accounting firm. EY’s resignation occurred while auditing Super Micro’s most recent fiscal year’s financials. In July, EY communicated concerns over transparency and internal control issues related to the tech company’s financial reporting, leading […]

Starbucks’ new Chairman and CEO, Brian Niccol, has set a goal to reinvigorate the company’s sales by ensuring customers receive their orders hand-delivered by a barista in four minutes or less. This objective is central to his strategy, as he aims to make it easier for customers to get their coffee. Niccol, who joined Starbucks

E-mini S&P (December) and E-mini NQ (December) had specific closes yesterday. S&P settled at 5871.00, up 9.50. NQ settled at 20,690.50, up 199.50. Earnings and economic data are crucial. Alphabet crushed estimates and is +6% before the bell due to strong cloud business growth and controlled spending. AMD is -8% after a disappointing Q4 outlook.

Donald Trump’s Truth Social platform has seen a significant increase in value, now surpassing Elon Musk’s X Holdings. The parent company, Trump Media & Technology Group (TMTG), has experienced a quadrupling of its shares since late September, leading to a valuation of over $10 billion. In contrast, X Holdings, previously known as Twitter, is valued