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Super Micro Computer CEO Charles Liang speaks at the Raise Summit in Paris on July 8, 2025. Nathan Lane | Bloomberg | Getty Imagessuper microcomputer Shares fell 9% in after-hours trading Tuesday after the computer server maker announced a $7 billion stock-linked financing deal to cover the cost of purchasing hardware components.The company said it plans to conduct a $5 billion underwritten stock offering and a $2 billion off-market offering starting in July under the arrangement. JP Morgan Chase, goldman sachs and citygroup. Companies often see their stock prices fall after announcing a stock sale, as investors brace for the…
JoJo Siwa and Chris Hughes initially seemed to be dancing around their relationship, but no one could deny the coincidence of their romance. After getting close on Celebrity Big Brother and claiming for weeks that they were just friends, the Dance Moms alum and Love Island star finally admitted their relationship had developed into something more. “It’s not platonic anymore,” Jojo admitted in an interview with the Guardian on June 2. “It was a great development and a beautiful connection. I really respect him and he does the same.”In fact, Chris says he’s already thinking about his next steps.”I want…
CNBC’s Jim Cramer said Tuesday that technology stocks are losing many of the qualities that have made them the market’s dominant leader group for the past three years.”True bull markets have leaders, and those leaders have great characteristics,” the “Mad Money” host said. “They’re making huge profits, but they’re limited in number and they don’t have a lot of stock because these companies are constantly buying back stock.”Tech stocks led the market rally in the wake of the 2023 mini-banking crisis. According to Kramer, Magnificent Sevensemiconductor companies, and enterprise software companies generated huge cash flows, maintained fortress-like balance sheets, and…
entertainment CEO Drew Marsh said the rapid construction of data centers doesn’t have to be a burden on residential communities.”Data centers really want to be good neighbors,” Marsh told CNBC’s “Mad Money” on Tuesday. “They have reputations that they want to protect and they want to be part of the community.”The surge in AI-related power demand has raised concerns among policymakers and homeowners that residential customers will end up footing the bill for data centers. Marsh said Entergy’s approach is designed to avoid that outcome by requiring data center operators to cover the cost of servicing their facilities while also…
YouTuber Jesse Ridgway says his wife’s family encouraged them to break up after she had an abortionJesse Ridgway has always been part of Ashley Ridgway. The YouTuber, known online as McGugger Nuggets, claimed that Ashley’s family encouraged her to end their marriage after he shared that he and his wife had terminated the pregnancy after the fetus tested positive for trisomy 21, a chromosomal abnormality that causes Down syndrome. “She received a text message from her family accusing me of being abusive and of brainwashing her…an ultimatum to leave me immediately,” Jesse wrote on Facebook on June 8. “It’s such…
Stock chart iconStock chart iconThomson Reuters stock price performance year-to-date. Thomson Reuters: “The problem is, this is media, and media has been destroyed by AI. I can’t get behind that.”Stock chart iconStock chart iconXeris Biopharma Holdings’ year-to-date stock performance. Xeris Biopharma Holding: “I know it’s an injectable…I’ll just say this: That’s exactly what I want you to do. That’s exactly what you need, but one of those…just one spec will do it for you.”Stock chart iconStock chart iconOndus stock price performance year-to-date. Ondus: “This is a meme stock…you can’t support a meme stock.”Stock chart iconStock chart iconNebius’ year-to-date stock performance.…
Apple’s WWDC 2026 event kicked off yesterday at Apple Park, kicking off a week packed with announcements about Siri AI, iOS 27, Apple Intelligence, and more, as well as developer events and demos as Apple looks to reassert itself to users and developers unimpressed by its releases in the competitive AI field. This will also be the last WWCD at the company for CEO Tim Cook, who announced that he will be handing over his duties to John Ternas, senior vice president of hardware engineering, effective September 1. were they successful? Stay tuned to this page and for continued coverage.…
Jack Schlossberg responds to Madonna’s NSFW comments about JFK Jr.jack schlossberg I was a little confused by this confession. Prior to the release of Confession II, Madonna We spilled the tea about her storied life and career. steamy encounter With Schlossberg’s late uncle John F. Kennedy Jr. As for Jack’s reaction to her remarks, he would have preferred her not to comment on his uncle’s love life; Andy Cohen I asked him to say a few words on the matter. “All I can say is this,” he told Cohen on the June 9 episode. andy coen live“I guess she was…
Traders at work at the New York Stock Exchange on June 9, 2026. new york stock exchangeU.S. stock futures fell on Tuesday night after the United States launched a “self-defense strike” against Iran in retaliation for the downing of a helicopter the previous day.S&P500 futures and Nasdaq 100 futures Both decreased by 0.3%. Futures linked to the Dow Jones Industrial Average It fell 148 points (0.3%).After the strike, oil prices rose; West Texas Intermediate Crude Oil Futures It was last trading at around $89 per barrel, up about 0.9%.Tensions in the Middle East rose again Tuesday night after the U.S.…
The AI boom is built on the basic premise that bigger models are more powerful, and that the most powerful models will win. Now, the industry is learning what happens when that assumption begins to crumble. Rising costs are already causing users to look back at smaller, cheaper models. This cost-conscious model shopping is new and it is unclear what impact it will have on the industry, but it is likely to be significant. One of the predictions best described by Coinbase co-founder Brian Armstrong is that the majority of tasks will move to cheaper models. “The demand for intelligence…