{ }
001122334455554433221100
001122334455554433221100
Symbol SMCI
Name Super Micro Computer, Inc.
Currency USD
Sector Information Technology
IndustryGroup Technology Hardware & Equipment
Industry Technology Hardware, Storage & Peripherals
Market NASDAQ Global Select
Country United States
State CA
City San Jose
Zipcode 95131
Website http://www.supermicro.com

dow jones rises as bitcoin stocks gain and ai investments fluctuate

Super Micro Computer's stock fell nearly 5% amid concerns of potential delisting from the Nasdaq, following a series of financial reporting issues and the resignation of its accounting firm, Ernst & Young. The company is seeking to raise capital through equity and debt to stabilize its finances. Despite recent declines, the stock is still up about 23% this year.

Supermicro stock declines after removal from Nasdaq 100 index

Supermicro's stock (SMCI) fell over 6% to $33.92 after being removed from the Nasdaq 100 index, dropping below its 50-day moving average. Despite accounting issues and delayed financial reports, customer orders remain stable, with a year-to-date increase of 20% from a split-adjusted high of $122.90 in March.

Dow Jones Gains Ahead of Fed Meeting as Super Micro Shares Plummet

The Dow Jones Industrial Average rose 0.1% as markets anticipated a Federal Reserve meeting, while Super Micro Computer plummeted 10% after being removed from the Nasdaq 100. Notable stocks included Palantir, MicroStrategy, and Axon, with earnings reports from Darden, Nike, and FedEx expected this week.

stock market update bitcoin retreats palantir and broadcom rise supermicro falls

U.S. stock futures are up as investors anticipate the Federal Reserve's interest rate decision this week. Bitcoin has pulled back after reaching over $160,000, while Palantir, MicroStrategy, and Axon Enterprise will join the Nasdaq 100. Broadcom's stock rises following its $1 trillion market cap, whereas Super Micro Computer's shares plummet amid its removal from the Nasdaq 100 and efforts to raise capital.

palo alto networks completes significant stock split amid soaring market performance

Palo Alto Networks, a leader in AI-driven cybersecurity, recently announced a 2-for-1 forward stock split, effective December 16, following a 2,150% increase in share value since its IPO in 2012. The company has shifted focus to software-as-a-service subscriptions, enhancing cash flow and customer loyalty, positioning it for future growth and potential further splits.

mixed market signals as palantir and nvidia face challenges ahead

Dow Jones, S&P 500, and Nasdaq futures will open Sunday evening, with the final Federal Reserve meeting of 2024 scheduled for Dec. 17-18, where a quarter-point rate cut is expected. The stock market had a mixed week, with the Nasdaq slightly up, driven by gains in Alphabet, Tesla, and Broadcom, while Nvidia lagged amid rising Treasury yields. Palantir, MicroStrategy, and Axon Enterprise will join the Nasdaq 100 index, replacing Moderna, Super Micro Computer, and Illumina.

MicroStrategy joins Nasdaq 100 as Bitcoin exposure grows for investors

MicroStrategy, led by Michael Saylor, will be added to the Nasdaq-100 Index on December 23, joining Palantir Technologies and Axon Enterprise. This inclusion positions MicroStrategy among the 100 largest stocks by market capitalization, enhancing its visibility in the investment community, particularly for those seeking Bitcoin exposure. The move has sparked excitement in the crypto industry, with analysts predicting significant implications for institutional investment in Bitcoin.

MicroStrategy to join Nasdaq 100 boosting demand for bitcoin proxy stock

MicroStrategy, a major player in Bitcoin investments, will join the Nasdaq 100 index on December 23, potentially boosting demand for its stock, which has surged over sixfold this year. The company's market cap stands at approximately $90 billion, despite generating less than $500 million in revenue over the past year. With 423,650 bitcoins in its possession, MicroStrategy continues to leverage its position in the crypto market, aiming for future inclusion in the S&P 500.

Ethereum price predictions and market updates for December 13

XRP is poised for a potential breakout as it trades within a descending price channel, with critical resistance at $2.50 and support near $2.30. Meanwhile, MicroStrategy is expected to be added to the Nasdaq 100, following a significant stock surge and a massive Bitcoin purchase. Bitcoin miners have reached a milestone, earning $71 billion, coinciding with Bitcoin's price surpassing $100,000 for the first time.

broadcom stock surges on promising ai chip market forecast

Broadcom's stock surged over 21% after the company projected AI chip sales could reach $60 billion to $90 billion by fiscal 2027, up from $12.2 billion in 2024. CEO Hock Tan highlighted strong demand from major clients like Google, Meta, and ByteDance, with additional potential from Apple and OpenAI. Analysts responded positively, raising price targets and noting Broadcom's competitive edge in the AI chip market.
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