(Reuters) -Artificial intelligence server maker Super Micro Computer on Tuesday reported lower-than-expected third-quarter revenue, hurt by shortages of some key components and questions over the profitability of a new line of servers.Shares of Super Micro, which have more than tripled in value so far this year, were down 10% in pre-trading on Wednesday.The San Jose, California-based company, which makes powerful AI servers with chips from Nvidia, Advanced Micro Devices and others, reported better-than-expected fourth-quarter revenue as it expects steady demand.But on an earnings call, analysts peppered company leaders with questions about spending to support the transition to a new generation…
Author: Surbhi Jain
Amazon ( AMZN ) reported first-quarter earnings that topped Wall Street estimates on the top and bottom lines, sending the retail giant’s shares up about 2% in premarket trading on Wednesday.Driven by a strong showing from its cloud computing segment, Amazon continued a wave of Big Tech results that have mostly impressed Wall Street, even as investors turn their focus to the conclusion of the Fed’s May policy meeting on Wednesday.Net sales rose 13% from the same period last year to $143.3 billion, Amazon reported late Tuesday, topping analysts’ expectations of $142.6 billion, according to Bloomberg data. The beat was…
An hour agoMicrosoft opens first regional data center in ThailandTech giant Microsoft announced that it will open its first regional data center in Thailand.The company said it will also build new cloud and AI infrastructure in Thailand, as well as provide AI skills opportunities for over 100,000 peopleMicrosoft said the data center region will expand the availability of its hyperscale cloud services, “facilitating enterprise-grade reliability, performance and compliance with data residency and privacy standards.”— Lim Hui Jie2 hours agoMitsui’s full-year profit falls 6%, shares rise as $1.26 billion buyback announcedJapanese trading house Mitsui and Co reported a 6.4% drop in…
Tim Bontemps, ESPNApr 28, 2024, 07:42 pm ETPHILADELPHIA – After watching a group of Knicks fans storm the Wells Fargo Center on Sunday afternoon and watch New York take a commanding 3-1 lead in the best-of-seven series with a 97-92 win against the 76ers, Superstar Center Joel Embiid expressed disappointment after hearing so many Knicks fans inside their home arena.”Disappointing,” Embiid said, when asked about the Knicks’ fan support on Sunday. “I love our fans. Think it’s unfortunate, and I’m not calling them out, but it’s disappointing. Obviously, you have a lot of Knicks fans, and they’re on the road.”(But)…
(L-R) Ryan Gosling and Mickey Day dressed as Beavis and Butt-head attend the Los Angeles premiere of ‘The Fall Guy’ at the Dolby Theatre. John Koploff/Getty Images It appears that Ryan Gosling and Mickey Day reprise their iconic Beavis and Butthead characters sooner than fans expected. actors were involved Saturday night Live Acting at the Los Angeles premiere of Gosling’s latest film on Tuesday night, fall boy, After barbie The star initially walked the red carpet in a mint-green Gucci suit with his co-star Emily Blunt, with Gosling later returning — only this time looking a little different. Gosling and…
The month of May 2024 begins with Pluto’s retrograde in Aquarius on May 2, representing a time of amazing changes occurring in your life from January 2024 onwards. Pluto retrograde is a time to explore your inner depths as you discover all the things that are no longer there. Necessary and embrace more of your authentic truth. This energy helps clear the situation, so that as Jupiter, planet of abundance, moves into Gemini on May 25, you can truly let love be what it was always meant to be.For all zodiac signs, Jupiter in Gemini will help you adopt a…
Tesla fired two executives and hundreds of employees of the company’s supercharging team late Monday night.In an email to company executives, first reported by The Information, Tesla said Rebecca Tinucci, Tesla’s senior director of EV charging, is leaving the company and nearly the entire team she managed will be laid off.Lane Chaplin, now the company’s former real estate chief, confirmed the layoffs at Supercharging the team in a Tuesday LinkedIn post.”At midnight I and all of my Tesla Global Charging colleagues learned that the Tesla Charging Organization is no more,” the post reads.According to the report, the layoffs affected approximately…
Brian Windhorst, ESPN senior writerApril 29, 2024, 08:00 am ETto closeESPN.com NBA writer since 2010 Covered the Cleveland Cavs for seven years Author of two booksThe NBA has sometimes seen teams try everything possible and have their season end in disappointment. But the league has never seen a situation like the one the Phoenix Suns found themselves in after a crushing first-round series loss to the Minnesota Timberwolves on Sunday night.Their reality is that the poker analogy ends there. Because of how deeply they have mortgaged their future and the rules of the new collective bargaining agreement that restrict the…
(WJW) – Walmart just launched its largest private grocery brand in two decades, company officials announced in a media release Tuesday. The new brand, called bettergoods, is described as “a new elevated experience that delivers quality, unique, chef-inspired food at an incredible value,” according to Walmart. The company boasts that better-priced items cost between $2 and less than $15, but most items hitting shelves under the new brand cost less than $5. Coyotes are getting extra focus after recent sightings in the local town Walmart plans to have at least 300 better items available in the coming months, but company…
(WJW) – Walmart recently launched its largest private grocery brand in two decades, company officials announced in a media release Tuesday. According to Walmart, the new brand, called BetterGoods, is described as “a new elevated experience that offers quality, unique, chef-inspired food at an incredible value.” The company claims the improved merchandise prices range from less than $2 to more than $15, but most of the items hitting shelves under the new brand name are priced under $5. Coyotes have received extra attention after recent sightings in a local town Walmart plans to make at least 300 of the improved…