QUARTERLY EARNINGS: Reports Disclosed

By Staff Reporters

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Quarterly earning reports dropped

Meta reported record revenue but missed on user growth.

Microsoft beat revenue expectations thanks to the AI-driven demand for its Azure cloud platform.

Starbucks had a pretty meh report but CEO Brian Niccol revealed that the chain would stop charging extra for nondairy milk.

DoorDash reported its first operating profit since the pandemic.

Super Micro stock fell more than 30% during yesterday’s trading session after its auditor, Ernst & Young, resigned due to disagreements.

And, despite crypto getting renewed interest as of late, Coinbase missed on revenue and earnings

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DAILY UPDATE: Super Micro Joins S&P 500 as Markets Still Rise

By Staff Reporters

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Another record-high to start Monday.

The S&P 500 closed Friday at its highest level ever, having posted gains in 16 out of the last 18 weeks for the first time since 1971. And the index is getting a flashy new stock today: the server-maker Super Micro. Super Micro is the AI all-star you’ve never heard of, jumping over 20x in the past two years and more than 200% in 2024 alone.

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