November 13, 20240 Comments

Super Micro Computer stock falls after delaying 10-Q filling By Investing.com

Super Micro Computer (NASDAQ:) shares dropped over 4% in premarket trading Wednesday following the company’s announcement of a delay in filing its quarterly 10-Q report for the period ending September 30, 2024. A Form 10-Q is the company’s quarterly financial report. In its press release, Super Micro Computer attributed the delay to unresolved issues related to an ongoing internal review of the company’s controls and reporting processes. The review, initiated

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November 13, 20240 Comments

Amgen stock falls on weight loss drug’s bone density loss data

Shares of Amgen fell more than 7% Tuesday as analysts chewed over bone density loss data from an early-stage trial on its experimental weight loss injection, MariTide. One analyst said the additional data suggests a new potential safety risk tied to the drug. But others said the share move was an overreaction, and that more data on a larger group of patients is needed. Amgen did not immediately respond to

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November 11, 20240 Comments

Oil Falls; China Concerns Weigh

Oil prices were lower in early Asian trade. The market remains concerned about the effects of Trump’s promised tariffs on China’s economic growth, as it may crimp oil demand, ANZ said. Source link

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November 7, 20240 Comments

UK interest rates cut to 4.75% but Bank hints fewer falls to come

Getty Images UK interest rates could take longer to fall further after the Bank of England forecast that inflation will creep higher after last week’s Budget. The Bank cut interest rates to 4.75% from 5% in a move that had been widely expected. But it indicated that while the extra spending outlined in the Budget would initially boost growth, measures such as raising the cap on bus fares and VAT

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