Author: Anthony M. Orbison

AI server maker Super Micro Computer (SMCI) stock tumbled 15% Thursday after The Wall Street Journal reported that the company is being probed by the US Department of Justice.The Journal, citing unnamed sources, said the DOJ is investigating the company for potential accounting violations. The issue was first brought to light by the short-selling firm Hindenburg Research in August in a report that accused Super Micro Computer of “glaring accounting red flags,” as well as “undisclosed related party transactions” and “sanctions and export control failures.”Super Micro declined to comment on the matter.Super Micro makes AI server equipment that uses Nvidia’s…

Carnival and Royal Caribbean seem to be in an arms race when it comes to delivering the biggest and best ships possible.Both cruise lines have multiple megaships on order and continue to add features designed to wow passengers. Carnival’s Excel Class, for example, offers the Bolt Roller Coaster, a first-of-its-kind attraction, while Royal Caribbean’s brand new Icon Class ship, Icon of the Seas, is packed with innovations.Related: Hurricane forces Royal Caribbean, Carnival, MSC itinerary changesIt has almost become impossible to build a cruise ship that’s a game-changer because both cruise lines continue to innovate and push boundaries. Carnival’s Excel Class…

If we claim to be an improvement on traditional finance, we had better start playing the part. It’s clear how Bitcoin fixes rampant monetary discretion. It’s clear, too, how Bitcoin changes your relationship with money—both financially because you’re more inclined to save an appreciating asset—as well as physically because you can do novel things like hold the GDP of a small island nation on a USB. There is one thing, however, that is slowly gaining acceptance and needs to be accepted if we are to truly improve on the mistakes of the past, and that’s Proof of Reserves. Bitcoin has…

Interview with a Successful Trader: Tips and Strategies for Success As any trader will tell you, making a living from markets is not an easy task. It requires a keen understanding of the markets, a solid strategy, and a healthy dose of self-discipline. To find out what sets successful traders apart from the rest, we sat down with John Smith, a experienced trader with a proven track record of success. Here are some key takeaways from our conversation: Start with a Solid understanding of Markets "I would say that the number one thing that sets successful traders apart is their…

Stay informed with free updatesSimply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox.Chancellor Rachel Reeves will next month issue a formal edict to the City of London regulator to prove it is serious about its duty to support growth.Reeves will send a formal “remit” letter to the Financial Conduct Authority around the time of her October 30 Budget, according to government officials. In her letter, Reeves will tell the regulator it needs to prove that it is acting to promote the expansion of the UK financial services sector, as the chancellor seeks to…

By Nick Carey, Nora Eckert and Joseph White LONDON/DETROIT (Reuters) – Stellantis (NYSE:) wants to adopt the low-cost mindset of Chinese EV makers despite the European and U.S. tariffs CEO Carlos Tavares lambasts as anticompetitive, but the world’s No. 4 automaker must navigate trade barriers on both sides of the Atlantic if it wants to succeed. Tavares calls tariffs a “trap,” arguing they will hurt legacy automakers by shielding them from the reality that Chinese rivals make electric vehicles for about a third less. The best way to compete is instead to “try to be Chinese ourselves,” Tavares said at…

With the leading crypto continuing to perform well, Bitcoin returned briefly to the $65,000 level, with BTC trading in the green on the day. Indeed, the token is looking to benefit from improved sentiment as October approaches. Historically, the month has proven to be a positive one for the asset.The cryptocurrency has been on an upswing since the Federal Reserve opted to cut interest rates for the first time in four years. Now, the US market is awaiting an incoming speech from Fed Chair Jerome Powell. What he says is likely to have a massive impact on the trading market,…

The Power of Interviews: Unlocking Success Stories Interviews are a crucial part of any successful career, allowing individuals to showcase their skills, experiences, and achievements to potential employers. However, they can also be a nerve-wracking experience for many job seekers. But what if we told you that the right interview strategies and preparation can not only increase your chances of landing your dream job but also lead to incredible success stories? In this article, we’ll delve into the world of interviews, highlighting the importance of preparation, effective communication, and how to turn an interview into a successful outcome. We’ll also…

It’s housing data galore, so let me bring you up to speed. In anticipation of the Federal Reserve’s first interest rate cut in years, mortgage rates plummeted this summer, especially in August. Then the Fed actually cut its key interest rate by half a point last week, and mortgage rates fell a bit more. The latest reading showed the weekly average 30-year fixed mortgage rate came in at 6.08% today. (Daily mortgage rates are higher, at 6.21%). But let’s get back to August. The hope was that a drop in mortgage rates would bring some heat to our chilly housing…

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Traveling is far more enjoyable with the right gear. A versatile travel bag is one of the best tools to make sure you always have what you need when traveling. We found one of the internet’s most convenient travel backpacks at Macy’s, and it’s on sale for a limited time.The Skyway Rainier Deluxe Backpack is only $38 right now when you use the promo code VIP. That’s an amazing 68% off the regular price of $120. If…