Quick Read - Super Micro Computer (SMCI) posted Q3 FY2026 revenue of $10.24B (+123% YoY) with full-year guidance raised to $38.90-$40.40B nearly doubling FY2025’s $21.97B, though Q3 non-GAAP EPS beat consensus by 34.51% and gross margins recovered to 9.9% from Q2’s 6.3%... <p
Quick Read - Super Micro Computer (SMCI) posted Q3 FY2026 revenue of $10.24B (+123% YoY) with full-year guidance raised to $38.90-$40.40B nearly doubling FY2025’s $21.97B, though Q3 non-GAAP EPS beat consensus by 34.51% and gross margins recovered to 9.9% from Q2’s 6.3%... <p
U.S. equities rise as reports of a potential U.S.-Iran agreement boost sentiment, while Dell surges on strong quarterly results. The Dow Jones Industrial Average climbed 0.4% Friday, with the S&P 500 and Nasdaq Composite rising 0.3% and 0.4%, respectively, as investors rea
U.S. equities rise as reports of a potential U.S.-Iran agreement boost sentiment, while Dell surges on strong quarterly results. The Dow Jones Industrial Average climbed 0.4% Friday, with the S&P 500 and Nasdaq Composite rising 0.3% and 0.4%, respectively, as investors rea
Philadelphia Fed President highlights persistent inflation pressures and cautious business planning amid modest economic expansion. Philadelphia Federal Reserve President Anna Paulson stated inflation remains too high and is dragging on the US economy. She noted firms stru
Philadelphia Fed President highlights persistent inflation pressures and cautious business planning amid modest economic expansion. Philadelphia Federal Reserve President Anna Paulson stated inflation remains too high and is dragging on the US economy. She noted firms stru
Applied Materials stock surged following better-than-expected Q1 2026 results, outperforming broader market trends amid sector rotation. Applied Materials (NASDAQ:AMAT) closed at $449.68 on May 28, 2026, posting a 16.41% one-month return. The gain followed a blowout earnin
Investors poured $1.97 billion into US equity funds as AI-driven tech gains offset geopolitical concerns last week. US equity funds recorded net inflows of $1.97 billion in the week ending May 27, reversing a $12 billion outflow from the prior week. The shift was driven by
Investors poured $1.97 billion into US equity funds as AI-driven tech gains offset geopolitical concerns last week. US equity funds recorded net inflows of $1.97 billion in the week ending May 27, reversing a $12 billion outflow from the prior week. The shift was driven by
A Federal Reserve policymaker argues current rates are appropriate but signals a shift toward tighter monetary conditions ahead. Federal Reserve official Paulson stated that monetary policy is appropriately positioned at mildly restrictive levels to address persistently hi
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