HomeMarketsEarningsSMCI Down 20% with 3Q Earnings Expected to Plunge, SBUX Sells
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SMCI Down 20% with 3Q Earnings Expected to Plunge, SBUX Sells

SMCI Down 20% with 3Q Earnings Expected to Plunge, SBUX Sells

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.

Morning Trade Live

01 May 2025

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