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Super Micro Computer Reports Q2 Financials, Raises 2024 FY Guidance: Over 100% YOY Sales Increase - Super Micro Computer (NASDAQ:SMCI)

Super Micro Computer reported quarterly earnings of $5.59 per share, beating the analyst consensus estimate of $4.93 by 13.39% and representing a 71.47% increase over earnings of $3.26 per share from the same period last year. The company reported quarterly sales of $3.67 billion. Quarterly sales beat the analyst consensus estimate of $3.06 billion by nearly 20% and is a 103.27% increase over sales of $1.8 billion year-over-year.

What s Going On With EV-Maker Nikola Stock? - Nikola (NASDAQ:NKLA)

Last Wednesday, Baird analyst Ben Kallo initiated coverage on Nikola with an Outperform rating and announced a price target of $2. The analyst noted potential catalysts ahead for Nikola's EV truck and energy businesses in the form of manufacturing improvements, partnership announcements and hydrogen infrastructure build-out.

What s Going On With Alibaba Stock? - Alibaba Gr Holding (NYSE:BABA)

Several Chinese internet firms are trading lower Tuesday following a report from the South China Morning Post reported that Baidu, Inc.'s (NASDAQ:BIDU) Ernie Bot AI platform was being tested by a university affiliated with the Chinese military.

Why Elevai Labs Stock Is Trading Higher - Elevai Labs (NASDAQ:ELAB)

Elevai Labs, Inc. (NASDAQ:ELAB) shares are trading higher Tuesday after the company announced it signed an exclusive, worldwide manufacturing and processing technology licensing agreement with INmune Bio, Inc. (NASDAQ:INMB).

What s Going On With Rivian Automotive Stock? - Rivian Automotive (NASDAQ:RIVN)

Rivian Automotive, Inc. (NASDAQ: RIVN) shares are trading higher Friday on continued upward momentum. The stock is up more than 18% over the past five days and more than 30% over the past month.

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