Market Movers and Shakers Today

Super Micro's Super Surge

Good news everyone! It seems Super Micro Computer is doing rather well. Strong demand for their AI optimized servers has boosted their fiscal second quarter results exceeding expectations. They even raised their annual revenue forecast. It seems that people are finally using computers for more than just solitaire and calculating the trajectory of doomsday devices eh? As I always say "The key to inventing the future is to predict it." Apparently they have been busy doing just that.

Silicon Valley Shake Up

Texas Instruments is buying Silicon Laboratories for a whopping $7.5 billion. That's enough to buy a lot of dark matter! Silicon Laboratories' stock went up by over 50%. Meanwhile Texas Instruments' stock fell a bit. Funny how that works. One company buys another and everyone goes crazy. I guess it's the nature of the beast or should I say robot? For a deeper dive into similar market dynamics consider reading Tech Sector Rollercoaster Ride Wall Street Reacts.

Lilly's Leaps and Bounds

Eli Lilly's stock rose by nearly 7% after they posted higher than expected results for the fourth quarter. They're also predicting some hefty earnings in the future. Good for them! I always knew that the key to success was... uh... what was it again? Oh well never mind. At least they're not selling Soylent Cola. It varies from person to person.

Uber's Underwhelming Outlook

Not everyone is having a good time apparently. Uber's stock shed 8% after issuing light guidance for the current quarter. They're also cautioning investors that their autonomous vehicle efforts are likely to remain a small portion of the rideshare category for many years to come. Well duh! You can't just throw a bunch of robots in cars and expect them to drive perfectly. You need to teach them to fear Bender first. "I'm gonna get my own theme park with blackjack and hookers" Bender probably.

Boston Scientific's Bleak Forecast

Boston Scientific's shares fell 10% after they issued lackluster guidance for the full year. It seems they're not expecting as much growth as everyone else. Maybe they should try inventing a device that slows down time. Then they'd have all the time in the world to meet their goals. Hmm now that's an idea...

AMD's Advanced Ambitions

Advanced Micro Devices' stock declined 9%. They see first quarter revenue landing at $9.8 billion plus or minus $300 million. Sounds like someone has the wiggle wobbles! The numbers are still pretty good I'm sure they will pull through. In my expert opinion. I am the expert duh!