The markets are looking ahead to oral arguments at the Supreme Court today about whether President Trump's reciprocal tariffs are legal. Oral arguments may provide hints about how the Supreme Court might rule. The Supreme Court is expected to issue its ruling by late this year or early in 2026. Lower courts have already ruled that Mr. Trump's reciprocal tariffs are illegal, finding they are based on a specious claim of emergency authority under the 1977 International Emergency Economic Powers Act. If the US ...

Core Viewpoint - ASUS issued an apology for a video that misrepresented Tencent's ACE anti-cheat system, causing concerns among players regarding software security and computer performance [1][2] Group 1: Incident Overview - The incident began when ASUS's official Bilibili account released a video titled "Disable ACE Anti-Cheat System to Protect Your Computer Performance," which quickly sparked discussions among players [2] - The video claimed that "Tencent ACE may not prevent cheats, but it will definitely scan your hard drive," and suggested that ACE would consume significant memory, leading to game lag and frame drops [2] Group 2: ASUS's Response - ASUS confirmed that the issue arose from a lack of stringent content review processes and management oversights regarding the supplier team [1] - The company has taken immediate action by removing the video and conducting an internal investigation [1] - ASUS plans to implement stricter multi-level content review mechanisms to ensure the accuracy and truthfulness of published content in the future [1] Group 3: Tencent's Reaction - Tencent's game security official account expressed gratitude for ASUS's sincere apology and acknowledged the clarification regarding ACE [2] - Tencent looks forward to continued collaboration with ASUS to promote a healthy development of the gaming industry and public discourse [2]

Core Viewpoint - Super Micro Computer (SMCI) has significantly underperformed in its earnings report, leading to a stock price decline of over 6% on the last trading day and an additional drop of nearly 10% in pre-market trading the following day [1]. Financial Performance - The company reported disappointing earnings, which has triggered a negative market reaction reflected in the stock price movements [1]. Market Reaction - The stock experienced a notable decline, with a drop exceeding 6% on the last trading day and an almost 10% decrease in pre-market trading the next day, indicating investor concern over the company's financial performance [1].

Super Micro Computer ( SMCI ) has largely missed on earnings . The stock of this company dropped more than 6% on the last trading day and another almost 10% in the pre-market of the next day, whichI write about stocks I’m personally interested in adding to my portfolio. I’m not a professional advisor, but I study business and economics and analyze markets full-time. My writing is meant for both complete beginners — I avoid unnecessary complexity — and advanced readers, as I always aim to offer a distinct an ...

U.S. stock futures were lower this morning, with the Dow futures falling more than 50 points on Wednesday.Shares of Super Micro Computer Inc (NASDAQ:SMCI) fell sharply in pre-market trading after the company reported worse-than-expected first-quarter financial results and issued second-quarter EPS guidance below estimates.Super Micro Computer reported quarterly earnings of 35 cents per share, which missed the analyst consensus estimate of 40 cents. Quarterly revenue came in at $5.01 billion, which missed th ...

Core Points - U.S. stock futures are lower, with Dow futures falling over 50 points [1] - Super Micro Computer Inc reported disappointing first-quarter results, with earnings of 35 cents per share, missing the consensus estimate of 40 cents, and revenue of $5.01 billion, below the expected $5.99 billion [2] - Super Micro's revenue decreased from $5.93 billion in the same period last year [2] - The company's shares fell 9.2% to $43.12 in pre-market trading [2] Company-Specific Movements - Biohaven Ltd experienced a significant drop of 46.2% to $7.51 after receiving an FDA Complete Response Letter for VYGLXIA [4] - Trex Company Inc declined 31.9% to $32.02 following worse-than-expected third-quarter results and lowered FY25 sales guidance [4] - Soleno Therapeutics Inc fell 22.2% to $49.65 after reporting third-quarter results [4] - Axon Enterprise Inc's shares dropped 19.6% to $567.50 after mixed third-quarter results and an acquisition announcement [4] - Pinterest Inc dipped 18.8% to $26.69 after posting disappointing third-quarter earnings [4] - SSR Mining Inc fell 17.5% to $17.90 after its third-quarter results [4] - Uniqure NV's shares decreased by 15.8% to $25.61 after a prior gain [4] - Clover Health Investments Corp fell 15.5% to $2.97 after mixed third-quarter results [4] - Upstart Holdings Inc declined 15.3% to $39.15 after mixed results and lowered FY25 guidance [4] - Corsair Gaming Inc fell 12.4% to $6.59 following worse-than-expected third-quarter results [4] - Advanced Micro Devices, Inc. declined 5% to $237.80 despite reporting better-than-expected third-quarter results and projecting fourth-quarter revenue of approximately $9.6 billion [4]

Core Insights - One Stop Systems, Inc. reported a consolidated revenue increase of 37% year-over-year to $18.8 million for the third quarter of 2025, driven by strong performance in both OSS and Bressner segments [1][4] - The company raised its full-year consolidated revenue guidance for 2025 to a range of $63 million to $65 million, up from the previous guidance of $59 million to $61 million [3][17] Financial Performance - OSS segment revenue increased by 43.4% to $9.3 million, with a gross margin of 45.6% for the third quarter of 2025 [1][5] - Bressner segment revenue rose by 31.1% compared to the same period in 2024, attributed to higher demand across multiple industrial end markets [6] - Consolidated gross margin improved to 35.7% for the third quarter of 2025, compared to (12.5)% in the prior year, significantly impacted by a previous inventory charge [7] - The company reported a net income of $0.3 million, or $0.01 per share, compared to a net loss of $6.8 million, or $(0.32) per share, in the prior year [9][10] Strategic Initiatives - The company has focused on strengthening its sales pipeline, investing in R&D, and pursuing platform opportunities to create a more predictable and scalable business model since its repositioning in 2023 [2] - A registered direct offering completed post-third quarter raised approximately $12.5 million in gross proceeds, enhancing the company's financial position [11] Market Outlook - The company aims to capitalize on favorable demand across commercial and defense markets, with expectations of achieving positive annual EBITDA for 2025 [3][18] - The strategic plan targets integrated solutions within the OSS segment, aiming to establish the company as a platform incumbent on large, multi-year programs [16]

Core Viewpoint - Super Micro Computer, Inc. reported weaker-than-expected earnings for Q1 2026, missing both earnings and revenue estimates, leading to a decline in share price [1][2]. Financial Performance - The company reported quarterly earnings of $0.35 per share, missing the analyst consensus estimate of $0.40 per share [1]. - Quarterly revenue was $5.01 billion, which fell short of the analyst consensus estimate of $5.99 billion and decreased from $5.93 billion in the same period last year [1]. Future Guidance - For Q2, Super Micro expects adjusted EPS in the range of $0.46 to $0.54, below the analyst estimate of $0.61 [2]. - The company anticipates revenue between $10 billion and $11 billion, exceeding the analyst estimate of $7.82 billion [2]. Market Reaction - Following the earnings announcement, Super Micro shares fell by 6.6%, closing at $47.40 [2]. Analyst Ratings - Needham analyst N. Quinn Bolton maintained a Buy rating on Super Micro but lowered the price target from $60 to $51 [4]. - Mizuho analyst Vijay Rakesh maintained a Neutral rating and reduced the price target from $50 to $45 [4].

Core Insights - The article emphasizes the strong performance of the analyst team, highlighting a 10-year track record that demonstrates the ability to outperform across various market conditions [1] - The focus is on providing research in the energy, shipping, and offshore markets, with an impressive annualized return of almost 40% and a long-only model portfolio return exceeding 23 times [1] Company Insights - Super Micro Computer, Inc. (NASDAQ: SMCI) is mentioned as a company previously covered, indicating ongoing interest and updates regarding its performance [2] - The analyst has a historical focus on tech stocks but has expanded coverage to include offshore drilling, supply industries, and shipping, reflecting a diversified investment approach [3] Industry Insights - The article notes the analyst's attention to the emerging fuel cell industry, suggesting potential growth and investment opportunities in this nascent sector [3]

Market Overview - The U.S. stock market experienced a downturn, with major indices like the S&P 500 and Nasdaq showing negative futures [1] - The Dow Jones Industrial Average fell 0.5% to 47,085.24, the S&P 500 dropped 1.2% to 6,771.55, and the Nasdaq decreased 2.04% to 23,348.63 [2] Company Performance Advanced Micro Devices Inc. (AMD) - AMD reported third-quarter revenue of $9.25 billion, exceeding analyst expectations of $8.74 billion [3] - Adjusted earnings per share were $1.20, surpassing estimates of $1.16, driven by growth in the AI data center business [3] - AMD shares fell 3.70% to close at $250.05, with after-hours trading showing a further decline of 4.7% to $238.20 [2] Super Micro Computer, Inc. (SMCI) - Super Micro Computer reported earnings of 35 cents per share, missing the expected 40 cents, leading to a stock decline [4] - Quarterly revenue was $5.01 billion, below analyst estimates of $5.99 billion and down from $5.93 billion a year earlier [4] - The stock dropped 6.40% to $47.50, with after-hours trading showing a decline of 9.5% to $42.99 [3] Upstart Holdings, Inc. (UPST) - Upstart reported earnings of 52 cents per share, beating the estimate of 42 cents, but revenue fell short of expectations [6] - The company projected fourth-quarter revenue of $288 million, below the $303.61 million analyst estimate, and cut its fiscal 2025 revenue outlook to $1.03 billion from $1.05 billion [6] - Shares slid 2.73% to $46.24, plummeting 15.3% to $39.15 in extended trading [5] Pinterest Inc. (PINS) - Pinterest reported third-quarter revenue of $1.05 billion, aligning with analyst estimates, but adjusted earnings of 38 cents per share missed the expected 42 cents [8] - The company forecasted fourth-quarter revenue between $1.31 billion and $1.34 billion, slightly below estimates of $1.34 billion [8] - Shares decreased by 2.39% to $32.91, dropping sharply by 20.09% to $26.30 in after-hours trading [7] Rivian Automotive (RIVN) - Rivian reported third-quarter revenue of $1.56 billion, up 78% year-over-year and above the $1.50 billion estimate [11] - Automotive revenue rose 47% to $1.14 billion, while software and services revenue surged 324% to $416 million [11] - The stock fell 5.23% to $12.50, but gained 3.2% to $12.90 in extended trading [10]