To The Moon

Beleaguered server maker staves off delisting Super Micro Computer Inc. late Monday said it gave Nasdaq a "compliance plan" to support its request for a filing extension in order to keep its listing,

Super Micro Computer, now under scrutiny as a winner from artificial-intelligence boom that could be forced to delist its stock, just might avoid that fate.A person familiar with the matter told Barron's that Super Micro intends to submit a plan that will allow it to continue to trade on the Nasdaq Stock Market by Monday. This is a look at how the server maker found itself in this position.Less than a year ago, things were going gangbusters for the maker of the computer servers used for artificial intelligence. The stock reached its 2024 closing high on March 13, when it was up 318% for the year.Analysts were confident there was more room for growth. J.P. Morgan analysts began coverage of the stock with an Overweight rating in March, calling Super Micro the leading company in the AI computing market.A few weeks later, on Sept. 17, the Nasdaq sent a letter to Super Micro, saying the co

US job growth was probably far less robust in the year through March than previously reported, according to government data out Wednesday.The number of workers on payrolls will likely be revised down

Nvidia's stock is one of the S&P 500's best performers in Monday action as BofA outlines why a 'rebound' scenario makes sense for the semiconductor sector. If the semiconductor sector bounces back, Nvidia Corp.'s stock looks like a good play, according to BofA analyst Vivek Arya.He assumes a sector rebound, likely in the fourth quarter of this year, as seasonal headwinds could fade by then. Investors await Nvidia's earnings report later this month, but September has traditionally been the worst month for the PHLX Semiconductor Index SOX, Arya said, which is why some patience may be required.The good news is that the calendar fourth and first quarters typically are much better for chip stocks, a dynamic that is helping fuel Arya's prediction for a rebound. In such a situation, shares of Nvidia, Broadcom Inc. and KLA Corp. are his top picks, as those companies are "the most profitable vendors in their respective end markets.". Meanwhile, in the case of a "resurgence scenario and poten

(Recasts to reflect that annual meeting has ended, adds company and share details ) By Suzanne McGee, Priyanka G June 17 (Reuters) - Shares of GameStop tumbled on Monday after CEO Ryan Cohe