Super Micro Falls on $7 Billion Offering to Fund AI

<p>Watch Paul and Scarlet LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.<br /><br />Bloomberg Intelligence hosted by Paul Sweeney and John Tucker<br /><br />- Woo Jin Ho, Bloomberg Intelligence Senior Hardware and Networking Analyst, discusses Super Micro Computer&nbsp;saying it plans $7 billion in equity and equity-linked financing transactions to fund component purchases to satisfy around $39 billion in AI server orders it has received from customers.<br /><br />- Caroline Hyde, BTech Co Anchor, discusses SpaceX&rsquo;s IPO. Gulf wealth funds have put in orders for shares worth several billions of dollars in SpaceX&rsquo;s initial public offering. Saudi Arabia&rsquo;s Public Investment Fund and Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion.<br /><br />-Steve Man, Bloomberg Intelligence Global Autos and Industrials Research Analyst, discusses his research on Tesla and SpaceX. According to Bloomberg Intelligence: A Tesla-SpaceX merger looks far from assured in the medium term, widespread market speculation aside, as benefits from Terafab chip work, the Macrohard software development project and any Tesla role in space exploration are years away.&nbsp;<br /><br />-Diana Rosero Pena, Bloomberg Intelligence Consumer Staples Analyst, discusses Chewy's earnings. Chewy&nbsp;shares drop after management gave additional guidance metrics on the conference call including cautious comments on customer additions, and profit measures. The company stated that it is seeing a &ldquo;modest level of incremental pressure on premiumization and product attach rates&rdquo; from its current customer base.&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>