⬇️ The Thursday Lowdown ⬇️

If you’re new around here, every day I share the 5 best accounting insights I saw in the past 24 hours.

Grab your candy and dive in!

💎 WTF of the Day

Accountants Walk Out, Supermicro Crashes 35%

Supermicro a giant in tech hardware stock, just took a nosedive, falling 35% from $276 to $179 in a single day. What went wrong? The DOJ launched an investigation into their finances, and then, in a bold move, Supermicro’s own accounting firm packed up and left.

When your accountants, the people who know everything about your books, decide to walk, that’s a huge red flag. Investors freaked, dumping shares.

Source

💎 What’s poppin in accounting

Women Are Taking Over Accounting

The accounting world is getting a makeover, and it’s led by women. The CalCPA CEO says it’s happening because firms are finally catching up, offering more flexible hours, remote options, and mentorship programs that actually work. Add in a push for fresh, diverse perspectives, and you’ve got a whole new vibe in the industry. 

The days of the “old boys’ club” are fading, and it’s about time. 

Source

💎 Did you know?

Zombie Companies Are Haunting the Economy

WARNING “zombie companies” are taking over. These are businesses that aren’t quite dead but aren’t alive either, just stumbling along, kept afloat by debt and barely covering their interest payments. They’re not profitable, not growing, and are too weak to pay down what they owe. 

Instead, they drain resources from healthier, innovative businesses that could be fueling economic growth. With high interest rates and a rocky economy, more of these zombies are showing up, and it’s not good news. Too many of them can actually slow down the entire economy, making it harder for strong businesses to thrive and for real growth to happen.

Source

 📊 Weekly Trend Chart

Google’s Big Bets Are Starting to Pay Off

Google isn’t just the search engine giant anymore, it’s putting serious cash behind ventures that are starting to show real promise. Alphabet, Google’s parent company, is seeing growth in areas like AI, cloud computing, and even self-driving car technology. These “moonshots,” as Google likes to call them, are now making enough money to matter, moving from wild experiments to actual revenue sources.

The company’s pushing into high risk, high reward industries to future proof itself. In a world where Google dominates online ads, these new ventures could reshape the tech giant’s future.

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