The Nasdaq experienced its largest drop since 2022, leading to significant losses for the top tech companies, totaling over $750 billion in market value amid recession fears.

The stock market saw significant losses on Thursday, with the Dow, S&P 500, and Nasdaq all down. Universal Health Services reported earnings exceeding estimates. Stocks in health care sectors are up, particularly CVS Health.

Super Micro Computer's shares surged by 16% after filing delayed financial results by the Nasdaq deadline, reporting significant revenue and net income growth while acknowledging internal control weaknesses.

Super Micro shares fell 12% as the company approaches a deadline for filing audited financial reports. CEO Charles Liang is confident about meeting the Feb. 25 deadline to avoid being delisted from Nasdaq.

Super Micro Computer reported its delayed financial results just before a Nasdaq deadline, resulting in a 19% stock increase. The filing alleviated concerns of potential delisting.