News Formal

S&P 500 futures rise marginally as Wall Street looks toward Nvidia earnings: Live updates

  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 54%
  • Publisher: 72%

Dow Jones Industrial Average News

NASDAQ Composite,PVH Corp,Ambarella Inc

Stocks rose modestly on Tuesday, with Nvidia giving the S&P 500 and Nasdaq Composite a boost.

Shares of Super Micro Computer ended Tuesday's trading session nearly 3% lower after Hindenburg Research alleged that the AI server maker had engaged in 'accounting manipulation.' At the same time, Hindenburg also disclosed a short position in the company. But in a Tuesday report, JPMorgan said that the Hindenburg report had provided 'limited evidence of accounting mistreatments.

' 'Net-net, we see the report as largely void of details around alleged wrong doings from the company that change the medium-term outlook, and largely revisiting the already known areas for improvement in relation to corporate governance and transparency,' JPMorgan wrote.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock futures are little changed as Wall Street looks toward Nvidia earnings: Live updatesStocks rose modestly on Tuesday, with Nvidia giving the S&P 500 and Nasdaq Composite a boost.
Source: nbcchicago - 🏆 545. / 51 Read more »