2 AI Stocks Not Named Nvidia or SMCI to Buy on the Dip [Yahoo! Finance]
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Super Micro Computer, Inc. (SMCI)
Last super micro computer, inc. earnings: 8/3 04:05 pm
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US:NASDAQ Investor Relations:
ir.supermicro.com/investor-relations
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Source: Yahoo! Finance
Investors are comfortable with Jay Powell's message that the inflation fight isn't over because the Fed is still expected to start cutting rates in 2024. The anticipation of lower rates and the impressive earnings outlook for the S&P 500 and the tech sector are fueling the stock market rally. The bottom-line growth appears stellar, driven by revenue growth and huge margins expansion. The nearby chart highlights the tangible strength of the AI boom on tech stocks and the broader tech-driven market. Image Source: Zacks Investment Research Despite the bullish backdrop, the stock market will no doubt experience a healthy pullback at some point in 2024, and it might come sooner than later with the Nasdaq approaching overheated levels. Whenever the market experiences its next wave of profit-taking, investors might want to watch their favorite stocks and start buying when they slide to key short-term and long-term moving averages. Speaking of, the two AI-focused stocks we dive in
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SMCI
News
- Stock market today: Stocks wobble as Nvidia, AI rally shows signs of fatigue [Yahoo! Finance Canada]Yahoo! Finance Canada
- Stock market today: Stocks edge lower as Nvidia, AI rally shows signs of fatigue [Yahoo! Finance Canada]Yahoo! Finance Canada
- Stock market today: US futures edge lower as Nvidia, AI rally shows signs of fatigue [Yahoo! Finance]Yahoo! Finance
- Stock market today: US futures edge lower as Nvidia, AI rally shows signs of fatigue [Yahoo! Finance Canada]Yahoo! Finance Canada
- Wall Street futures edge lower ahead of business survey data [Yahoo! Finance Canada]Yahoo! Finance Canada
SMCI
Earnings
- 4/30/24 - Beat
SMCI
Sec Filings
- 6/21/24 - Form 8-K
- 6/5/24 - Form 4
- 6/3/24 - Form 4
- SMCI's page on the SEC website