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SMCI stock just dropped 13%. This could be the reason why
Super Micro Computer, Inc. (NASDAQ:SMCI) stock has experienced a notable pullback today, declining by more than 13% from Thursday’s close. This downturn comes amidst broader movements in the semiconductor sector, influenced by recent reports and guidance from key industry players.
Middle East tensions could fuel stagflation – BofA
The tensions in the Middle East could result in stagflationary stocks, analysts at Bank of America Securities said in a note Friday.
Sony/Apollo bid for Paramount could be worth as much as $29 billion – Source
Investing.com — The blockbuster sale of legendary Paramount Global (NASDAQ:PARA) to David Ellison\’s Skydance Media may be at significant risk of falling short as Sony (NYSE:SONY) and Apollo Global Management (NYSE:APO) prepare to make \”a significantly better offer that will benefit all shareholders of the company,\” an insider told Investing.com exclusively this morning.
Amazon could soon be forced to recognise UK's GMB trade union
LONDON (Reuters) -U.S. technology and retail giant Amazon (O:AMZN) could soon be required to formally recognise the GMB trade union at its Coventry warehouse in Britain, after a government body ruled in the union\’s favour.