To The Moon

UPDATE 1-Magnificent Seven to add more than $1 trillion in value after Trump pauses some tariffsAdds graphicBy Aditya SoniApril 9 (Reuters) - The "Magnificent Seven" stocks were poised to gain more th

Beleaguered server maker staves off delisting Super Micro Computer Inc. late Monday said it gave Nasdaq a "compliance plan" to support its request for a filing extension in order to keep its listing,

Super Micro Computer, now under scrutiny as a winner from artificial-intelligence boom that could be forced to delist its stock, just might avoid that fate.A person familiar with the matter told Barron's that Super Micro intends to submit a plan that will allow it to continue to trade on the Nasdaq Stock Market by Monday. This is a look at how the server maker found itself in this position.Less than a year ago, things were going gangbusters for the maker of the computer servers used for artificial intelligence. The stock reached its 2024 closing high on March 13, when it was up 318% for the year.Analysts were confident there was more room for growth. J.P. Morgan analysts began coverage of the stock with an Overweight rating in March, calling Super Micro the leading company in the AI computing market.A few weeks later, on Sept. 17, the Nasdaq sent a letter to Super Micro, saying the co