Super Micro’s stock soars as its margins unexpectedly double
The AI server maker now expects gross margins to be in the range of 15% to 17% thanks to an improving customer and product mix
The AI server maker now expects gross margins to be in the range of 15% to 17% thanks to an improving customer and product mix
Two companies signed recent deals at SL Green Realty’s 1185 Avenue of the Americas. In the largest lease, international specialty insurance firm Ryan Specialty signed a 10-year renewal and expansion lease at the 42-story office property, taking 29,166 square feet across the building’s entire 38th floor, the landlord announced. SEE ALSO: Retail Veterans Joshua Strauss…
Chip stocks led a Monday rally that lifted two of the three major indexes while leaving the third stuck near the flatline. The Nasdaq Composite (^IXIC +1.20%) gained 1.3% by 12:48 p.m. ET. The S&P 500 (^GSPC +0.79%) rose 0.7% at the same time. The Dow Jones Industrial Average (^DJI +0.12%) slipped 0.1% after briefly…
Blue Owl Capital is launching a new venture that will develop, own and operate fiber networks in an effort to capitalize on the data center boom. Funds managed by Blue Owl announced the creation of Kirkwood Infrastructure Group to carry out the development and operation of new communications infrastructure. The organization will serve hyperscalers, data…
When a man in a black Air Jordan T-shirt walked up to a self-checkout kiosk at a Louisiana Lowe’s last spring, he looked like any other customer. Over the course of about seven minutes, he methodically rang up different gift cards for $95 each, using his phone to tap-to-pay for each card as a red-vested…
Summary Date of meeting: 4 June 2026 Item 1: Welcome, introductions and context The Chair introduced the first RTGS CHAPS Industry Forum. This group will meet regularly to provide industry input on a range of strategic issues relating to both the live operation and change roadmap for the RTGS and CHAPS services operated by the…
Jigsaw, a family-run estate and letting agency based in Selby, has transferred ownership of the business to its employees through an Employee Ownership Trust (EOT), a structure that allows staff to acquire a stake in the company while maintaining its independence. The transition follows more than two decades of operation since Sandra Widdrington established Jigsaw…