Stock market today: US stocks edge lower as AI-fueled tech rally stalls [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
The AI-fueled tech rally showed signs of exhaustion, with the stalwart Nvidia experiencing a near 7% swing in Thursday's trading session, rising as much as 3% before it finished the day lower by 3.5%. Other AI tech darlings saw sharp reversals and moved lower on Thursday, with those losses spilling over into Friday's trading session. Shares of Nvidia were down an additional 2% in early Friday trades, while Dell, Broadcom, and Super Micro Computer were down between 1% and 2%. With earnings season over, investors will focus on economic data releases next week, including US retail sales for May, industrial production, jobless claims, and a slew of speeches from top Federal Reserve officials. A recent uptick in jobless claims to the highest level since last August, combined with a sharp downturn in housing starts has some worried that recessionary cracks are beginning to form in the economy. "The May slowdown in housing starts, notably single-family, is not a one-off. There is
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News
- Nvidia And One Tasty IPO Lead Menu Of 23 'Perfect' Stocks [Yahoo! Finance]Yahoo! Finance
- 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
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