SMCI's 'High Pressure' Earnings Amid Accounting Accusations

Supermicro (SMCI) reports earnings tomorrow after markets close. The company faces a plethora of accusations surrounding its accounting practices. Alex Coffey and Jenny Horne discuss how Supermicro's report can be a make-or-break scenario for the company. They also turn to breaking news on PACS Group (PACS) selling off after a short report accuses the company of scamming taxpayer-funded healthcare programs.

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#economy #finance #investing #stockmarket #trading #supermicro #smci #ai #artificialintelligence #nvidia #nvda #accounting #resignation #pacs #group #technology #healthcare #earnings

[Halfnhalfmash]

You guys better hope this ticker doesn't bounce

[rifatulshikder]

They are pure AI play. Its the market fear for the bad news. Hope they will bounce back today

[rifatulshikder]

How come a Best stock become worst performing (Due to bad news) They need to prove themselves innocent or they will tank 15-20% today and then direct delisting no doubt. but I love SMCI hope this will go back up after hours today. Best wishes

[Isaacaguilar]

SMCI is legit, somebody must make all the hardware for the AI wave.