Kevin George

Key Takeaways Super Micro Computer Inc. lost about 6% of its value Monday after being added to the S&P 500 index. The Silicon Valley maker of data centers has experienced a significant rise in its share value over the last year due to soaring demand tied to the rise of artificial intelligence (AI). Despite the day's dip, the company was still up more than 250% so far this year.

Key Takeaways A group of airline CEOs has demanded a sit-down meeting directly with Boeing Co.'s board of directors, according to a Wall Street Journal report. The airline chiefs reportedly want to express concern over a January incident in which a 737-9 MAX operated by Alaska Airlines lost part of its fuselage midflight, as well as subsequent Boeing production problems.

Key Takeaways Microsoft Corp. on Thursday announced the launch of its first Surface PCs optimized for artificial intelligence (AI). The Surface Pro 10 and Surface Laptop 6 are being released exclusively for business applications, providing the fastest-ever Surface PC experience. A new Copilot key will offer shortcut access to the company's generative AI assistant, alongside an enhanced video call experience, new accessories, and security features, Microsoft said.

Apple's stock price has suffered amid concerns about a slowdown in China sales, but analysts say they're bullish on the iPhone maker despite headwinds in China.

Key Takeaways Amazon.com has launched a grocery delivery service for customers in the U.S. who use its Prime service or receive government food benefits. The new service will cost $9.95 per month for Prime members and $4.99 for government EBT food benefits customers. The new service will deliver grocery orders above $35 from Amazon Fresh, Whole Foods Market, and local grocers and retailers listed on Amazon.com. Amazon's launch is an attempt to take on similar services from Walmart and Target.

Ford shares rose in after-hours trading after the company beat analysts' estimates for earnings per share.

Key Takeaways Qualcomm on Wednesday announced its Snapdragon X Plus laptop processor with artificial intelligence capabilities, in a move that could help it better compete with rivals. The chip is the latest addition to Qualcomm's Snapdragon X series, which includes the Snapdragon X Elite built for generative AI that Qualcomm announced last fall.

Kevin George Summary Iridium Communications beats revenue estimates in its latest earnings report, with revenue of $203.85 million.

Advanced Micro Devices faces growing competition in the processor market, particularly from Qualcomm's new Snapdragon Elite and Plus series chips.

Key Takeaways Super Micro Computer shares tumbled in after-hours trading Tuesday after the server and data storage provider reported revenue that missed analysts' expectations despite more than doubling from the year-ago period. Net income and diluted earnings per share beat expectations, and Super Micro Computer raised its full-year revenue guidance, anticipating growth in demand for artificial intelligence.