To The Moon

Super Micro Computer is in turmoil. Recent developments have put a cloud of uncertainty over the AI server maker’s accounting practices, which puts additional scrutiny on the company’s business update

If only we were a neuron located inside Warren Buffett's investment cortex. One could only imagine the colosseum of knowledge available on markets. Without the benefit of this location – or having a direct seat on Berkshire's investment committee – we won't exactly know why Buffett sold down the Apple stake, until the famed investor tells us so. The sales come after Apple reported its Q4 earnings last week, posting revenue growth of 6% to $95 billion. In total, Berkshire has sold more than 600 million shares in the iPhone maker this year. But this isn't the first time Warren Buffett has trimmed Berkshire's Apple position. Nor should it come as a major surprise, given his language at the AGM on locking in gains while federal capital gains taxes remain lower. And even after this major sell-off, Apple remains Berkshire's largest stock holding, valued at nearly US$70 billion. But the conglomerate's strategy here adds to a list of stock sales made this month, including selling downBank of

Facebook owner Meta Platforms META.O beat analysts' estimates for third-quarter revenue and profit on Wednesday, but warned of "significant acceleration" in artificial intelligence-related infrastruct

Meta Shares Fall 3.6% Premarket After Co Projects Sharp Acceleration in AI Costs

Meta Platforms (NASDAQ:META) reported quarterly earnings of $6.03 per share which beat the analyst consensus estimate of $5.25 by 14.86 percent. The company reported quarterly sales of $40.589 billion which beat the

Global stock indexes mostly rose on Tuesday(Oct 29), with the Nasdaq scoring a record closing high ahead of key earnings reports this week, while Treasury yields hit multimonth highs early as the U.S.