This article was first posted in Outperforming the Market on June 5, 2023. Several members of Outperforming the Market have asked me about Super Micro Computer Inc. (NASDAQ:SMCI), which I have done a deep dive on. In this article, I will introduce SMCI and cover various aspects of the company,…

Whenever questions about CNN’s declining ratings have come up over the past year, Warner Bros Discovery chief executive David Zaslav has urged patience. Just last month he endorsed the work that Chris Licht, his handpicked choice to lead CNN, was doing to revive the news network.But when Zaslav installed a…

US Secretary of State Antony Blinken is expected to meet with Saudi Crown Prince Mohammed bin Salman during his upcoming visit to Saudi Arabia, a US official told CNN, the latest step toward rapprochement between the US government and the de facto leader of a key US ally. Relations between…

The U.S. Department of Labor’s monthly labor-market updates have been driving outsize swings in stocks since the start of 2023, a sign that one of the most closely watched economic-data reports has regained some of the relevance it had ceded to inflation data last year. Since the start of 2023,…

Lockheed Martin Corp. became the latest U.S. issuer to tap the corporate-bond market ahead of any potential market fallout from the U.S. debt-ceiling fight, with a $2 billion offering that priced on Wednesday. The deal has boosted Lockheed’s LMT, -0.01% debt load to close to $20 billion and elevated it…

Dear Quentin, I’m 63 and desperately hate my work. I’ve had the same job for the last 19 years and every day I’m there, I just want to quit. I have $330,000 in cash and investments, $30,000 in my employer’s retirement fund and a remaining mortgage of $83,000. The payment…

The chief of The Richmond Federal Reserve said Tuesday that high inflation probably won’t dissipate quickly barring a sharper slowdown in the U.S. economy. Thomas Barkin said businesses are inclined to keep raising prices so long as there’s strong demand among customers. Demand would have to slow markedly to get…

© Reuters By Maria Ponnezhath and Clark Mindock (Reuters) – A U.S. judge on Monday granted a delay of a trial in a lawsuit brought by a Florida city against industrial conglomerate 3M Co over water contamination from toxic “forever chemicals,” after the parties said they were close to a…

(Bloomberg) — Russia would benefit from being transparent in publishing its oil production data as the OPEC+ group, which it leads along with Saudi Arabia, seeks to convince markets that it is pumping at pledged levels, the kingdom’s energy minister said. “We had a discussion with the Russian side regarding…

By Eliana Raszewski BUENOS AIRES (Reuters) -Argentina has signed a deal to renew its currency swap line with China and double the amount it can access to near $10 billion, the South American country’s central bank said in a statement on Friday, a boost to its dwindling foreign currency reserves.…