Francesca Fontana

speaker

2,691 appearances 52 recordings 1 series first heard Aug 2017 last heard Feb 2025

Francesca Fontana’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · What’s News in Markets: Super Micro Boost, Delta's Dip, Robotaxi Disappoints · 12 Oct 2024 podcast

All three major indexes notched weekly gains, with the Dow and S&P 500 both hitting new records at the end of Friday's session. voice-verified

First up, super microcomputer stock got a super boost on Monday. voice-verified

The server maker announced positive shipment data, saying that it recently deployed more than 100,000 liquid-cooled graphics chips to large AI factories. voice-verified

So long story short, good news for demand. voice-verified

And the stock could use some good news after a couple of hits it's taken recently. voice-verified

There was last month, when the Wall Street Journal reported that the Justice Department is looking into the company, following a critical report by an activist short-selling firm. voice-verified

Then there was August, when an annual filing delay also prompted a sell-off. voice-verified

I know you're asking, just how super was this boost that Supermicro got? voice-verified

I won't leave you in suspense. voice-verified

Shares jumped 16% on Monday, making the stock the S&P 500's top performer before making smaller, mixed moves the rest of the week. voice-verified

I know this summer feels like a million years ago. voice-verified

Or is it just me? voice-verified

I don't think it is. voice-verified

Maybe it is. voice-verified

But do you remember the CrowdStrike meltdown? voice-verified

Global IT outages that crashed Microsoft and caused a bunch of businesses to totally melt down like Delta Airlines? voice-verified

Well, this week we got Delta's latest earnings and a look at just how costly that outage was for the airlines. voice-verified

The company's quarterly adjusted profit fell 26% from the same period a year before, in part because of a monster hit to sales from all the canceled flights, to the tune of $380 million. voice-verified

Expenses related to reimbursements and grounded crews totaled $120 million even after accounting for the fuel savings of flying less. voice-verified

Which is funny. voice-verified

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