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Super Micro Updates Fiscal Guidance As Nvidia Shifts, 4 Analysts Provide Perspectives - Super Micro Computer (NASDAQ:SMCI)

Wedbush analyst maintains Super Micro Computer Inc with Neutral rating and raises price target from $530 to $800, citing sales momentum and concerns about margins and competition in AI server market.

Despite Revenue Dip, Nokia s Q1 Net Profit and Technology Patents Fuel Growth - Nokia (NYSE:NOK)

Despite Revenue Dip, Nokia s Q1 Net Profit and Technology Patents Fuel Growth - Nokia (NYSE:NOK)
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Despite Revenue Dip, Nokia s Q1 Net Profit and Technology Patents Fuel Growth

Nokia Corp (NYSE:NOK) reported a fiscal first-quarter 2024 net sales decline of 20% year-on-year (19% in constant currency) to €4.67 billion ($5.07 billion), missing the consensus of $5.10 billion. Comparable EPS was $0.10 (€0.09) versus the consensus of $0.06. The reported net profit is €438 million, up from €289 million a year ago. Comparable net profit was €501 million, up from €342 million a year earlier. Network Infrastructure sales declined by 26% year over year in CC due to the weak deman

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