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Elon Musk’s recent comments insinuating that the real-time messaging service formerly known as Twitter could file a defamation lawsuit against the Anti-Defamation League is merely a “threat of a frivolous lawsuit,” the nonprofit’s CEO Jonathan Greenblatt said Tuesday.

In a statement shared with CNBC, Greenblatt dismissed allegations Musk made over the Labor Day weekend, in which he claimed the ADL was “trying to kill this platform by falsely accusing it & me of being anti-Semitic.” The nonprofit’s CEO added that Musk’s “behavior is not just alarming nor reckless.”

“It is flat out dangerous and deeply irresponsible,” Greenblatt said. “We need responsible leaders to lead, to stop inflaming hatred and to step back from the brink before it’s too late.”

The ADL chief’s comments come after Musk claimed on Monday that the ADL was responsible for putting “pressure on advertisers” that led to a 60% drop in X’s advertising revenue. Musk alleged that the ADL “has been trying to kill this platform by falsely accusing it & me of being anti-Semitic,” ever since he bought the messaging service last fall in a deal worth roughly $44 billion.

Musk said X, the company formerly known as Twitter, would have “no choice but to file a defamation lawsuit” if the ADL continues to allegedly pressure advertisers.

Multiple civil rights groups and researchers have documented a rise in hate speech, racist comments and other inflammatory posts on X after Musk gained control of the messaging app last fall.

The Center for Countering Digital Hate nonprofit, for instance, published a report in June that claimed X failed to take action against several subscribers of Twitter Blue, now referred to as X Premium, when they posted inflammatory content.

In August, X sued the CCDH in federal court alleging that the nonprofit illegally obtained data from X using methods like data scraping to “falsely claim it had statistical support showing the platform is overwhelmed with harmful content.” X’s attorneys alleged that the CCDH’s studies were based upon “flawed methodologies” and caused advertisers to stop running promotional campaigns on the messaging service, thus damaging X’s business.

Last week, Greenblatt said in an X post that he had a “very frank + productive conversation” with newly appointed X CEO Linda Yaccarino on how “to address hate effectively on the platform,” adding that he “appreciated her reaching out and I’m hopeful the service will improve.”

Greenblatt said he would give both the former global advertising chief at NBCUniversal and Musk “credit if the service gets better… and reserve the right to call them out until it does.”

Shortly after Greenblatt commented about his conversation, #BanTheADL began trending on X as some users called for the nonprofit to be banned from the messaging platform. For instance, Nick Fuentes, a far-right livestreamer who has previously made antisemitic comments, urged his viewers to contribute to the #BanTheADL campaign.

Musk then began engaging with some of the anti-ADL posts on X, liking some of the comments and even responding to them.

“ADL has tried very hard to strangle X/Twitter,” Musk said, replying to the YouTube streamer Keith Woods, who the ADL has previously said has produced antisemitic content.

“It is profoundly disturbing that Elon Musk spent the weekend engaging with a highly toxic, antisemitic campaign on his platform — a campaign started by an unrepentant bigot that then was heavily promoted by individuals such as white supremacist Nick Fuentes, Christian nationalist Andrew Torba, conspiracy theorist Alex Jones and others,” Greenblatt said. “Finally, we saw the campaign manifest in the real world when masked men marched in Florida on Saturday brazenly waving flags adorned with swastikas and chanting ‘Ban the ADL.'”

X did not immediately respond to CNBC’s request for comment.

Disclosure: NBCUniversal is the parent company of CNBC.

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Super Micro shares plunge 15% on weak results, disappointing guidance

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Super Micro shares plunge 15% on weak results, disappointing guidance

Charles Liang, CEO of Super Micro, speaks at the Computex conference in Taipei, Taiwan, on June 1, 2023.

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Super Micro Computer shares slid 15% in extended trading on Tuesday after the server maker reported disappointing fiscal fourth-quarter results and issued weak quarterly earnings guidance.

Here’s how the company did in comparison with LSEG consensus:

  • Earnings per share: 41 cents adjusted vs. 44 cents expected
  • Revenue: $5.76 billion vs. $5.89 billion expected

Super Micro’s revenue increased 7.5% during the quarter, which ended on June 30, according to a statement.

For the current quarter, Super Micro called for 40 cents to 52 cents in adjusted earnings per share on $6 billion to $7 billion in revenue for the fiscal first quarter. Analysts surveyed by LSEG were looking for 59 cents per share and $6.6 billion in revenue.

For the 2026 fiscal year, Super Micro sees at least $33 billion in revenue, above the LSEG consensus of $29.94 billion.

Super Micro saw surging demand starting in 2023 for its data center servers packed with Nvidia for handling artificial intelligence models and workloads. Growth has since slowed.

The company avoided being delisted from the Nasdaq after falling behind on quarterly financial filings and seeing the departure of its auditor.

As of Tuesday’s close, Super Micro shares were up around 88% so far in 2025, while the S&P 500 index has gained 7%.

Executives will discuss the results on a conference call starting at 5 p.m. ET.

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Hinge Health stock pops 6% after first quarterly report since IPO

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Hinge Health stock pops 6% after first quarterly report since IPO

Hinge Health co-founders, Gabriel Mecklenburg and Daniel Perez celebrate its initial public offering at the New York Stock Exchange on May 22, 2025.

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Shares of Hinge Health popped 6% in extended trading on Tuesday after the digital physical therapy company reported quarterly results for the first time since its debut on the New York Stock Exchange in May.

Here’s how the company did based on average analysts’ estimates compiled by LSEG:

  • Loss: Loss per share of $13.10. That may not compare with the 9 cents per share earnings expected
  • Revenue: $139 million vs. $125 million expected

Revenue at Hinge increased 55% in the second quarter from $89.8 million during the same period last year, according to a release.

Hinge reported a net loss of $575.65 million, or $13.10 per share, compared to a loss of $12.93 million, a loss of 96 cents per share, during the same period a year earlier. The company said its GAAP loss from operations was $580.7 million, which included $591.0 million from stock-based compensation expenses.

“We’re still introducing ourselves to the world,” Hinge CEO Daniel Perez told CNBC in an interview on Tuesday. “The most important thing I’d hope for people to take away is the long-term potential of using software and connected hardware to automate care delivery itself.”

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Hinge, founded in 2014, uses software to help patients treat acute musculoskeletal injuries, chronic pain and carry out post-surgery rehabilitation remotely.

It finished the second quarter with 2,359 clients, up 39% from 1,785 clients during the same period last year.

Hinge said it expects to report revenue between $141 million and $143 million during its third quarter. LSEG analysts were expecting $129 million. For the full year, the company said it expects revenue of $548 million to $552 million, which also beat the $511 million expected by LSEG analysts.

The stock opened at $39.25 in May, rising 23% from its $32 IPO price. Shares of Hinge closed at $48.22 on Tuesday.

“We believe we’re fundamentally reshaping how care can be delivered more effectively and efficiently,” Perez said during the company’s quarterly call with investors.

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AMD reports weaker-than-expected earnings even as revenue tops estimates

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AMD reports weaker-than-expected earnings even as revenue tops estimates

Lisa Su, CEO of Advanced Micro Devices, and Sam Altman, CEO of OpenAI, testifiy during the Senate Commerce, Science and Transportation Committee hearing titled “Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation,” in Hart building on Thursday, May 8, 2025.

Tom Williams | CQ-Roll Call, Inc. | Getty Images

Advanced Micro Devices reported quarter earnings on Tuesday that missed estimates. The stock slid about 4% in extended trading.

Here’s how the chipmaker did versus LSEG expectations for the quarter ended June:

  • Earnings per share: 48 cents adjusted versus 49 cents expected
  • Revenue: $7.69 billion versus $7.42 billion expected

For the current quarter, AMD expects sales of $8.7 billion, plus or minus $300 million, versus expectations of earnings of $8.3 billion.

AMD reported net income during its fiscal second quarter of $872 million, or 54 cents per share, increasing from $265 million, or 16 cents per share in the year-ago period. Nvidia’s overall sales rose 32% in the period from $5.84 billion a year earlier.

AMD is the second-biggest maker of graphics processing units (GPUs) for artificial intelligence behind Nvidia, which has the vast majority of the market. But big AI customers such as Meta and OpenAI are increasingly looking to AMD to provide an alternative to Nvidia’s pricey chips, especially for inference, or when AI models are deployed to the public.

During the quarter, AMD announced new AI chips called the MI400 that are expected to hit the market next year. OpenAI CEO Sam Altman committed to using AMD’s newest GPUs.

AMD is also grappling with chip export controls which have been placed on some of its AI chips because the U.S. government worries that powerful GPUs could be used by adversaries to surpass American capabilities or be used for military purposes.

The MI308 was previously barred for export to China in April, which the company said cost it $800 million in the June quarter. However, the company said in July that it expected shipments to resume after the Trump administration signaled that it would approve waivers. AMD said its outlook doesn’t include any revenue from its China-focused AI chip called the MI308 and its license applications are currently being reviewed by the Department of Commerce.

AMD’s adjusted gross margin during the quarter was 43%. The company said it would have been 54% if not for export control costs.

AMD’s main business, aside from GPUs, is making central processors, called CPUs, which compete with Intel to power more traditional servers.

Both are reported in the company’s data center segment, which had $3.2 billion in revenue, up 14% on an annual basis.

The other major segment for AMD is called Client and Gaming, which includes the company’s CPUs for laptops and desktops, and its GPUs for 3D gaming. That was up 69% on an annual basis to $3.6 billion. Client revenue by itself rose 57% to $2.5 billion, in line with the StreetAccount expectations of $2.56 billion, partially driven by strong demand for the company’s latest desktop CPUs, which it calls AMD Ryzen Zen 5.

Gaming revenue by itself was up 73% year-over-year to $1.1 billion, versus StreetAccount estimate of $784 million, with its growth due to increased demand for custom chips for game consoles and gaming GPUs, AMD said.

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