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Motley Fool Money

Another Wild Day in the Market

Motley Fool Money

The Motley Fool

Business, Investing

4.43K Ratings

🗓️ 7 August 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

(00:21) Kirsten Guerra and Mary Long discuss: - Why SuperMicro stock is down bad after boasting nearly 150% revenue growth. - Whether Airbnb's slump is due to a company problem or a macro one. -The importance of celebrating wins, even when you’ve got losses. Then, at (15:59), Rick Munarriz and Ricky Mulvey take a look at Roku, and what needs to happen for the company to finally turn a profit. Companies mentioned: SMCI, NVDA, META, ABNB, AXON Host: Mary Long Guests: Kirsten Guerra, Rick Munarriz, Ricky Mulvey Engineers: Dan Boyd, Austin Morgan Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Stocks are moving. You're listening to Motley Full Money. I'm Mary Long joined today by Kristen Gera.

0:13.0

Pleasure to have you here. I'm Mary Long joined today by Kristen Gera.

0:23.2

Kriston, pleasure to have you here.

0:25.5

Great to be here on such a news filled day.

0:28.3

Yeah, we are certainly not at a loss for things to talk about today,

0:32.3

but one story out of the many that I wanted to hit with you

0:35.0

was about Super Micro Computer because you and I last talked

0:39.1

about this company in the spring when the stock shot up effectively overnight and this is a company

0:45.1

for those that don't know that makes server and storage systems for data centers.

0:48.4

They specialize in what they call green computing so that's highly efficient

0:52.3

energy-saving infrastructure that's highly efficient energy saving infrastructure

0:54.1

that's customizable to the needs of different businesses.

0:57.2

They reported earnings yesterday and the stock dropped about 17% last I checked this morning as a result.

1:05.2

Again, this is a company that is no stranger to big swings in its stock price in either direction.

1:10.5

But before we look at the reaction, want to look at the results.

1:13.7

So fourth quarter revenue up almost 150% year over year for Super Micro.

1:19.2

Full year revenue also up over 100%, looking ahead to the first quarter of 2025,

1:25.0

management's guiding for revenue growth between 183 and 230%.

1:30.0

I am not a mathematician, but here's what I know those are big big percentages

1:35.1

Kirsten how in the world does that happen? I'm here to confirm those are big

1:40.3

percentages how does it happen well you start with selling a lot of

1:44.9

rack scale server solutions which you beautifully laid out that is what this

...

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