Raymond James opined that Super Micro has positioned itself in a sweet spot between the branded IT suppliers, such as Dell and HP Enterprises, and contract manufacturers, such as Quanta.
U.S. trade tariffs, which would increase manufacturing prices in Southeast Asian nations, on which Under Armour relies, add pressure to the already sluggish business.
Nvidia stock has been stuck in a rut since it hit an all-time high of $153.13 in January, stymied by the Trump administration's China chip curbs and tariff uncertainty.
Dormify filed for Chapter 11 bankruptcy protection in November 2024 and is currently locked in a legal dispute with its creditors, including Google and Williams-Sonoma.
The company said it overspent on promotions last quarter and is taking an estimated $75 million charge tied to a write-down of its spring and summer collection.
The company reported diluted net income per share of $0.13 for the three months through the end of March, compared to a loss of $0.28 in the corresponding period of 2024.
GM said that LMR battery cells use a higher proportion of the more affordable manganese and less of the more expensive nickel while delivering greater capacity and energy density.
A Microsoft spokesperson told CNBC that the software giant continues to implement “organizational changes necessary to best position the company for success in a dynamic marketplace.”
In the second quarter, the firm expects to announce data from a phase 2 trial of its investigational therapy, Pemvidutide, in treating metabolic dysfunction-associated steatohepatitis (MASH).
CEO Larry Coben said the transaction is financially compelling as it strengthens the company’s credit profile, boosts its growth rate, and supports continued robust capital returns.
