SOTS 2nd Hour: Alphabet’s Big Beat, Super Micro Tanks, Exclusive: Ray Dalio 10/30/24
Squawk on the Street
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Supermicro's Auditor Resignation and Market Implications
This chapter delves into the corporate turmoil faced by Supermicro following the resignation of its longtime auditor, EY, which raised serious ethical concerns. It examines the impact on Supermicro's stock and positioning in the tech market, alongside the performance of competitors like Dell and HPE. The discussion also touches on broader economic themes and geopolitical dynamics affecting major players in the technology sector.
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