Stock market today: US futures edge lower as Nvidia, AI rally shows signs of fatigue [Yahoo! Finance]
Super Micro Computer, Inc. (SMCI)
Last super micro computer, inc. earnings: 8/3 04:05 pm
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Source: Yahoo! Finance
Futures tied to the benchmark S&P 500 ( ^GSPC ) lost around 0.1%, while those tied to the tech-heavy Nasdaq Composite ( ^IXIC ) fell by around the same amount. Futures on the Dow Jones Industrial Average ( ^DJI ) wobbled below the flatline. Thursday's dip in the S&P 500 and Nasdaq registered as notable mainly because it was an anomaly in recent weeks. The S&P has been flying higher, briefly crossing 5,500 for the first time Thursday. The Nasdaq snapped a streak of seven straight record closes with its loss Thursday. The AI-fueled rally has been driven by Nvidia ( NVDA ), which briefly catapulted to the title of world's most valuable company this week . After a sizable loss on Thursday, it was down more than 1% in premarket trading Friday. Other chip stocks, including Broadcom ( AVGO ), Super Micro Computer ( SMCI ), and Qualcomm ( QCOM ), slumped with Nvidia in premarket trading. Investors are also assessing the broader health of the US economy and the path for interest rates.
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News
- Super Micro Computer: 385% Boost In CapEx To Maintain Above-Trend Growth [Seeking Alpha]Seeking Alpha
- Super Micro Computer (SMCI) Stock Sinks As Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
- One S&P 500 Company Will Outgrow Nvidia This Quarter, Analysts [Yahoo! Finance]Yahoo! Finance
- 3 Amazing Growth Stocks That Turned $30,000 Into More Than $1 Million in 10 Years [Yahoo! Finance]Yahoo! Finance
- Nvidia Just Executed a 10-for-1 Stock Split. 3 Artificial Intelligence (AI) Stocks That Could be Next. [Yahoo! Finance]Yahoo! Finance
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