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2024-11-01 11:20:37
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AIbase
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12.9k
"AI Meme Stock" Super Micro Computer's Share Price Falls Over 11%, Facing Nasdaq Delisting Risk
Recently, Super Micro Computer (SMCI) has seen a significant drop in its stock price. On October 31, the closing price fell by 11.97%, currently at $29.11. This decline is due to the resignation of its auditing firm, Ernst & Young, putting the company at renewed risk of delisting from Nasdaq after experiencing a series of challenges. In March of this year, Super Micro Computer successfully joined the S&P 500 index, but since then, the company has faced...
2023-12-29 11:11:36
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AIbase
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4.6k
Artificial Intelligence Drives Nasdaq 100 to Historic Highs
Global stock markets reach historic peaks, making 2023 a remarkable year. The stock market experiences a dramatic turnaround as traders bet on the Federal Reserve's easing policies. The Nasdaq 100 index achieves its best performance since 1999. Tech stocks see strong growth, fueled by the surge in artificial intelligence. Seven major tech stocks rise by 64%, with investors flocking to the AI sector.