Closing Bell: Super Micro Reports Lackluster Sales, Rivian Falls, Axon Soars
On this episode of Stock Movers:Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Sonali Basak, Carol Massar and Matt Miller.- Super Micro (SMCI) shares dropped after lowering its fiscal year sales forecast, suggesting the company continues to face uneven uptake of powerful AI servers amid a shift to products based on new Nvidia Corp. chips. The company said Tuesday that revenue in the year ending in June 2026 will be at least $33 billion. In February, Super Micro offered a bullish…
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