The U.S. Department of Justice intends to launch an investigation into the Super Micro Computer (SMCI.US) company, the Wall Street Journal reported. Super Micro ex-employee accused AI-server maker of accounting violations. According to the WSJ, the government took an interest in the company after Hindenburg Research took a short position on the company's stock citing, among other things, just deliberate accounting omissions. The company's shares lost 8% in 2 minutes after the news was published.
Tesla was supposed to burn $5 billion, but posted a positive result. Will Tesla still be a car company in a year?
Record-breaking Meta, though with a cash loss. Investors (for now) are buying Zuckerberg's plan anyway
US OPEN: Preparations for Tesla's mega-merger with SpaceX. Diplomatic stalemate with Iran cools Wall Street's enthusiasm
Meta Preview: Billions in AI spending, but when will the investments start paying off?
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.