Stock Movers

Closing Bell: Super Micro Closes Higher, Qualcomm and Alphabet Report Earnings


Listen Later

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec

On this episode of Stock Movers:

- Super Micro (SMCI) closed 13.78% higher today after the company gave a forecast for sales in the current quarter that signaled strong demand for its gear to run AI data centers. Revenue will be at least $12.3 billion in the period ending March 31, the San Jose, California-based company said Tuesday in a statement.

- Qualcomm (QCOM) shares dropped in extended trading as the largest maker of smartphone processors, gave a lackluster revenue forecast for the current period. It stoked concern that component shortages will hurt consumer demand by driving prices up.

- Alphabet (GOOGL) shares sank more than 7% in afterhours trading. Alphabet said it was going to spend far more than planned in 2026, shocking investors on the cost of the artificial intelligence boom.

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

Stock MoversBy iHeartPodcasts

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

19 ratings


More shows like Stock Movers

View all
Bloomberg Intelligence by Bloomberg

Bloomberg Intelligence

410 Listeners

Bloomberg Surveillance by Bloomberg

Bloomberg Surveillance

1,182 Listeners

Masters in Business by Bloomberg

Masters in Business

2,191 Listeners

Odd Lots by Bloomberg

Odd Lots

1,995 Listeners

Bloomberg Businessweek by Bloomberg

Bloomberg Businessweek

428 Listeners

Wall Street Breakfast by Seeking Alpha

Wall Street Breakfast

1,037 Listeners

Thoughts on the Market by Morgan Stanley

Thoughts on the Market

1,314 Listeners

Here's Why by Bloomberg

Here's Why

65 Listeners

Wall Street Week by Bloomberg

Wall Street Week

63 Listeners

The Big Take by Bloomberg

The Big Take

154 Listeners

Bloomberg Daybreak: US Edition by Bloomberg

Bloomberg Daybreak: US Edition

85 Listeners

The Markets by Goldman Sachs

The Markets

86 Listeners

Bloomberg News Now by Bloomberg

Bloomberg News Now

78 Listeners

Bloomberg Daybreak: Asia Edition by Bloomberg

Bloomberg Daybreak: Asia Edition

8 Listeners

Bloomberg Daybreak: Europe Edition by Bloomberg

Bloomberg Daybreak: Europe Edition

9 Listeners