Error message

  • Warning: ini_set() has been disabled for security reasons in drupal_environment_initialize() (line 692 of /home/sportste/public_html/includes/bootstrap.inc).
  • Warning: ini_set() has been disabled for security reasons in drupal_environment_initialize() (line 695 of /home/sportste/public_html/includes/bootstrap.inc).
  • Warning: ini_set() has been disabled for security reasons in drupal_environment_initialize() (line 696 of /home/sportste/public_html/includes/bootstrap.inc).
  • Warning: ini_set() has been disabled for security reasons in drupal_environment_initialize() (line 697 of /home/sportste/public_html/includes/bootstrap.inc).
  • Warning: ini_set() has been disabled for security reasons in drupal_environment_initialize() (line 700 of /home/sportste/public_html/includes/bootstrap.inc).
  • Warning: ini_set() has been disabled for security reasons in drupal_environment_initialize() (line 702 of /home/sportste/public_html/includes/bootstrap.inc).
  • Warning: ini_set() has been disabled for security reasons in include_once() (line 300 of /home/sportste/public_html/sites/default/settings.php).
  • Warning: ini_set() has been disabled for security reasons in include_once() (line 301 of /home/sportste/public_html/sites/default/settings.php).
  • Warning: ini_set() has been disabled for security reasons in include_once() (line 309 of /home/sportste/public_html/sites/default/settings.php).
  • Warning: ini_set() has been disabled for security reasons in include_once() (line 316 of /home/sportste/public_html/sites/default/settings.php).
  • Warning: ini_set() has been disabled for security reasons in drupal_settings_initialize() (line 806 of /home/sportste/public_html/includes/bootstrap.inc).
  • Deprecated function: implode(): Passing glue string after array is deprecated. Swap the parameters in drupal_get_feeds() (line 394 of /home/sportste/public_html/includes/common.inc).
  • Deprecated function: The each() function is deprecated. This message will be suppressed on further calls in _menu_load_objects() (line 579 of /home/sportste/public_html/includes/menu.inc).

Super Micro Computer stock crashes 23%, drags down AI darling Nvidia after it doesn't preannounce earnings

By Sports Wire on April 19, 2024

ai stocks

Yuichiro Chino/Getty Images

  • Super Micro Computer stock crashed 23% on Friday after the company announced the date of its Q3 earnings.
  • Wall Street seemed disappointed that Super Micro Computer did not preannounce earnings like it did last year.
  • The sharp decline dragged down AI darling Nvidia, which plunged about 10%.

Super Micro Computer stock crashed as much as 23% on Friday as investors worry about the strength of its upcoming earnings report.

Super Micro Computer announced it would release its third-quarter earnings results on April 30, but it didn't preannounce earnings as it did for its second-quarter earnings results in January.

Companies often preannounce earnings when the results are significantly above Wall Street consensus estimates.

  • Comment
Full Story

Shop and Save Big With Your Favorite Teams Now!