Cardi B welcomes 3rd baby with Offset, weeks after filing for divorce

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Cardi B: Where’s my tax money going?


Cardi B: Where’s my tax money going?

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Cardi B welcomed her third baby, weeks after filing for divorce from her husband, Migos rapper Offset. The rap superstar posted numerous photos and video of herself in the hospital cradling her new baby daughter, who was wearing a pink hat, to Instagram on Thursday. 

The post’s caption read “the prettiest lil thing” with two pink flowers and the date Sept. 7, 2024.

In one of the photos, Cardi B, whose real name is Belcalis Marlenis Cephus, is seen with Offset and their two other children. In another, Offset, whose real name is Kiari Kendrell Cephus, is cradling his newborn daughter. Offset also has three children from previous relationships, according to Entertainment Tonight. 

The couple married in 2017 and have had several ups and downs in their relationship, with Cardi B filing for divorce twice previously. She announced her third filing in August, with her representative saying, “This is not based on any one particular incident, it has been a long time coming and is amicable,” The Associated Press reported.  

Hours later, she revealed on Instagram she was pregnant with her third child. In the caption she wrote “With every ending comes a new beginning! I am so grateful to have shared this season with you, you have brought me more love, more life and most of all renewed my power.”

Caitlin O’Kane

contributed to this report.




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SMCI Stock Plunges As Super Micro Computer Delays 10-K Filing

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One day after a prominent short seller blasted the company for alleged accounting irregularities, Super Micro Computer (SMCI) announced that it is delaying the filing of its annual report on form 10-K with the U.S. Securities and Exchange Commission. SMCI stock plunged on the news.




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The data center specialist said it needs more time “to complete its assessment of the design and operating effectiveness of its internal controls over financial reporting” for the fiscal year ended June 30.

In a news release, Super Micro said it plans to file a Notification of Late Filing on Form 12b-25 with respect to the annual report on Friday.

Super Micro did not say how long it will need to complete its 10-K report and filing.

SMCI Stock Crashes On News

On the stock market today, SMCI stock tanked 19% to close at 443.49.

The once-highflying computer hardware vendor saw its shares hit a record high of 1,229 on March 8. Super Micro stock had surged on investor enthusiasm for the buildout of data centers to support artificial intelligence applications.

On Wednesday, CFRA Research analyst Shreya Gheewala cut her rating on SMCI stock to hold from buy following the Hindenburg report. She also slashed her price target to 454 from 729.

“While we believe the evidence presented does not conclusively demonstrate significant accounting malpractice or verifiable sanction evasions, SMCI’s delayed 10-K filing and potential reputational damage raises concerns,” Gheewala said in a client note.

Short Seller’s Report Raises Questions

On Tuesday, SMCI stock sank 2.6% to close at 547.64. Earlier in the day, short seller Hindenburg Research accused Super Micro of accounting manipulation, export control failures, customer issues and other problems.

In a client note, JPMorgan analyst Samik Chatterjee said Hindenburg’s report was “largely void of details around alleged wrongdoings from the company.”

Chatterjee reiterated his overweight, or buy, rating on SMCI stock with a price target of 950.

“It is not surprising that the company has areas for improvement to further refine governance, transparency, and communication with investors, which would be more appropriate for a company of its size following its recent spurt of growth in conjunction with AI server demand,” he said. “However, the lack thereof does not immediately suggest wrongdoing by the company, in our view.”

Rivals Could Benefit From SMCI’s Woes

Dell Technologies (DELL) could benefit from Super Micro’s problems, Evercore ISI analyst Amit Daryanani said in a client note titled “SMCI Pain = DELL Gains?”

Dell is poised to gain market share in AI servers as Super Micro deals with its negative publicity, he said.

SMCI stock is on the IBD Tech Leaders list. But it has a so-so IBD Composite Rating of 76 out of 99, according to IBD Stock Checkup.

Follow Patrick Seitz on X, formerly Twitter, at @IBD_PSeitz for more stories on consumer technology, software and semiconductor stocks.

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Cardi B announces she is pregnant with third child after filing for divorce from Offset

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Cardi B announced she is pregnant with her third child on Thursday, sharing images of herself in a flowing red gown that exposes her baby bump on social media. The 31-year-old shared the news just hours after she had filed for divorce from her estranged husband, Migos’ rapper Offset. 

A representative for Cardi B confirmed to the Associated Press she filed for divorce writing, “This is not based on any one particular incident, it has been a long time coming and is amicable.” She filed the divorce on Wednesday, Entertainment Tonight reported.

In her post, Cardi B, whose real name is Belcalis Marlenis Cephus, thanks her growing baby for helping her through a difficult time, saying: “It’s so much easier taking life’s twists, turns and test laying down, but you, your brother and your sister have shown me why it’s worth it to push through!”

“With every ending comes a new beginning! I am so grateful to have shared this season with you, you have brought me more love, more life and most of all renewed my power,” she wrote in the caption.

Cardi B and Offset
Cardi B and Offset attend the Pre-GRAMMY Gala & GRAMMY Salute to Industry Icons Honoring Julie Greenwald and Craig Kallman on February 04, 2023 in Los Angeles, California.

Emma McIntyre/Getty Images for The Recording Academy


The hip-hop power couple married in 2017 and share two children. Offset, whose real name is Kiari Kendrell Cephus, also has three children from previous relationships, according to Entertainment Tonight. 

During an Instagram live in December, Cardi B revealed she was single and had been “for a minute now.” She and Offset have had several ups and downs in their relationship, with Cardi B filing for divorce twice previously.

Fans began speculating their relationship was on the rocks late last year when each rapper unfollowed the other on Instagram, ET reported.

Caitlin O’Kane

Caitlin O’Kane is a New York City journalist who works on the CBS News social media team as a senior manager of content and production. She writes about a variety of topics and produces “The Uplift,” CBS News’ streaming show that focuses on good news.




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