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
Morgan Stanley is set to raise approximately $327.1 million in RMBS via a securitization collateralized by 1,132 first-lien residential mortgages, according to Morningstar DBRS. Processing Content The asset pool for the deal, Morgan Stanley Residential Mortgage Loan Trust 2026-DSC3, comprises fixed- and adjustable-rate prime and nonprime mortgages, all underwritten as business-purpose loans. The mortgages backing…
Moving is never easy, but lately, more people are trying to keep the process quick, small, and breezy. In the first four months of 2026, bookings for help with a partial move were up 37% from the same period last year, while short-distance relocations jumped 29%, according to data shared by Taskrabbit. As well, same-day…
Luckily, cardboard floats. An Amazon delivery drone dropped a Texas woman’s package into her backyard pool on Monday, flummoxing the woman, who told Business Insider she didn’t think she selected the drone delivery option. “I was inside the house and I heard it,” Lindsey Austen said on Thursday. “I was like, ‘Is the second coming…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. June 22, 2026 Federal Reserve notes with deep sadness the passing of Alan Greenspan For release at 8:45 a.m. EDT The Federal Reserve notes with deep sadness the…
Key Points In case you missed it, CEO Elon Musk announced major news during the recent Space Exploration Technologies (NASDAQ: SPCX) (better known as SpaceX)earnings conference call While SpaceX had some exciting news about its own business, I’m more concerned with what Musk said about Nvidia (NASDAQ: NVDA). Musk had some very complimentary words about…
RIVANI purchased 404 Washington, an 8-story mixed-use office and retail property positioned at the gateway to Miami Beach’s South of Fifth neighborhood. The Trump Group was the seller. Comprising nearly 61,000 square feet of office and retail space, 404 Washington occupies the corner of Washington Avenue and Fifth Street. Built in 1995 and renovated in 2026,…