SMCI Down 20% with 3Q Earnings Expected to Plunge, SBUX Sells
Schwab Network · Schwab Network
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Show Notes
Supermicro (SMCI) plummeted in the premarket after telling investors to expect earnings far below Wall Street's estimates. Jenny Horne notes that investor distrust in the company is adding to the steep sell-off. Starbucks (SBUX) released its latest earnings report, which did not win investors over.
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