- Super Micro Computer disclosed on Tuesday it will sell 2 million shares that could fetch about $2 billion, sending the artificial intelligence server maker's shares 9% lower in trading before the bell.
The gains have outperformed those in Nvidia, which has been behind the relentless AI-led rally in Wall Street this year, thanks to soaring demand for its servers used in artificial intelligence data centers. The company's outstanding shares will increase to 58.6 million after the offering, it said, adding that the underwriter, Goldman Sachs, has the option to buy up to 300,000 additional shares within 30 days.Are you interested in buying dividend stocks for passive income in 2024? Here’s one stock I’m buying! The post 1 Dividend Stock I’m Buying for Superior Passive Income in 2024 appeared first on The Motley Fool Canada.
Saving $1 million for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.
Source: News Formal (newsformal.com)