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
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
India has taken its first formal step towards introducing polymer banknotes, with the currency printing arm of the Reserve Bank of India (RBI) inviting global Expressions of Interest (EoIs) for the supply of polymer substrate sheets embedded with security features, The Economic Times reported. Bharatiya Reserve Bank Note Mudran (BRBNMPL) has invited…
The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.72%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.26%. September E-mini S&P futures (ESU26) rose +0.82%, and September E-mini Nasdaq futures (NQU26) rose +1.35%. Stock indexes settled higher on Monday, with the S&P 500 posting a 2.5-week…
Analysts are saying that Toncoin (TON) could hit $26.17 by 2030. Feeling bullish about TON already? You can buy TON through Coinbase Wallet, Kraken, Gemini, and Paybis. In the cryptocurrency market, staying informed about trends is important for investors. With the Bitcoin (BTC) prices rising this year, investors are also looking for alternative avenues for growth. Meme tokens…
BXP is trying its hand at a nine-figure deal in the heart of Manhattan. Owen Thomas’ firm is seeking to sell the ground lease tied to 7 Times Square, the Commercial Observer reported. BXP is reportedly expected to ask between $700 million and $750 million for the 1.2 million-square-foot property. What’s unclear is whether or…
In November, as Americans go to the polls for midterm elections, citizens will encounter a unique chance to influence tax policy through their voting power, according to CNBC. The surge in government expenditure and escalating tax obligations throughout the U.S. has resulted in 26 ballot initiatives related to tax rates being proposed in 13 states….
Strategic Petroleum Reserve stockpiles are precariously low and have been hit by major equipment failures, leaks and spills, according to a government report.