For more than 30 years, The Ledger has honored the top scholar-athletes in Polk County and continues that tradition this year with an impressive list of 124 athletes who excelled in the classroom.

Part of North Union Street in Peoria will be closed on June 18 from 9 a.m. to noon for water service installation work as ...

Early forecasts suggest this year may see the strongest El Niño in a decade—bringing with it more extreme weather. During the last 'super' El Niño about a decade ago, 16 tropical cyclones formed in or ...

Supermicro operates on the pick-and-shovel side of the artificial intelligence market. Its share price growth over the past three years has lagged behind AI industry leaders like Nvidia. 10 stocks we ...

Super Micro Computer secured ~$39B in AI server orders but requires a $7B additional equity raise to fulfill them. The $7B capital raise is expected to immediately dilute shareholders by 23-24%, per ...

Playing chess can be challenging, fun, and at times frustrating. Garry Kasparov called the game “mental torture.” With virtually limitless possibilities, chess offers unparalleled depth, and you could ...

Supermicro’s news today can be viewed as both good and bad. A $7 billion capital raise involving stock offerings and equity-linked financing will dilute shareholders, and investors sold the stock off ...

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...

What happened: Super Micro Computer (SMCI) stock was poised to decline as much as 12% at the open on Wednesday. What's behind the move: The AI server maker announced plans to raise approximately $7 ...

Supermicro said it has received $39 billion in recent AI server orders. It will raise $7 billion through a stock offering and another equity-linked transaction. The downside is dilution and fears of ...

Image from MarketBeat Media, LLC. Super Micro Computer, Inc. (NASDAQ:SMCI - Get Free Report) dropped 28% during trading on Wednesday . The company traded as low as $29.14 and last traded at $29.27.

SMCI shares declined 9% in extended trading following the disclosure of a $7 billion equity-linked financing initiative The capital raise comprises a $5 billion underwritten offering and an additional ...