Super Micro’s revenue exploded to $12.7 billion as delayed orders finally materialized, but aggressive competition and rising costs pushed gross margins to a razor-thin 6.3%
Surges
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Key Takeaways Silver has gained 14% year-to-date, rising over 6% on Tuesday above $81. The rally accelerated after the US captured Venezuela’s Nicolás Maduro on January 3, sparking demand for…
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With an intraday loss of 0.85%, the Bitcoin price shows another rejection from the $90,000 mark, signaling a risk of continued correction. Over the last week, $450M in fresh Bitcoin…
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Stocks
Gold futures post fifth straight daily gain, silver surges to fresh record high (GLD:NYSEARCA)
monsitj/iStock via Getty Images Gold futures climbed Friday to their fifth consecutive daily gain to close at a more-than-two-week high, and silver surged to a new record, topping a peak…
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The Solana price rebounds with the channel pattern, signalling a fresh recovery cycle ahead. BSOL ETF now holds 4.317 million SOL with a total value of about $587 million. A…
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The platinum price broke above US$1,600 per ounce on September 29 (Monday), its highest level since April 2013. What’s moving the platinum price? A number of factors are at play…
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The valuation of China’s Zijin Mining Group (OTC Pink:ZIJMF,HKEX:2899,SHA:601899) has topped US$100 billion for the first time despite the firm’s delayed initial public offering (IPO). Shares of the Fujian-based miner…
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Quick Read Purchase mortgage applications were up 23% year-over-year last week as 30-year fixed-rate mortgages rates dropped to the lowest since October 2024. Optimal Blue data showed mortgage rates dropped…
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The silver price surged on Tuesday (September 2), breaking US$40 per ounce to rise as high as US$40.93. Silver was last above US$40 in 2011, peaking that year at US$47.94…
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PENGU, the utility token of Pudgy Penguins NFT, caught the attention of crypto investors as its price doubled since last week, currently trading at $0.031. While the rally aligns with…
