Super Micro Computer Options Spot-On: On September 24th, 139.77K Contracts Were Traded, With 441.95K Open Interest
On September 24th ET, $Super Micro Computer(SMCI.US)$ had active options trading, with a total trading volume of 139.77K options for the day, of which put options accounted for 39.22% of the total
Super Micro Computer Unveils New Intel-based X14 Servers
Express News | Supermicro Adds New Max-Performance Intel-Based X14 Servers, Delivering the Industry's Broadest Range of Workload-Optimized Systems for AI, HPC, Cloud, and Edge
US stock market anomaly | Super Micro Computer falls more than 2%, subjected to a significant target price downgrade to $1000 by Loop Capital.
On September 24th, Gelunhui|Super Micro Computer (SMCI.US) fell more than 2%, closing at $456.59. On the news front, Loop Capital issued a research report, lowering the target price of Super Micro Computer from $1500 to $1000, maintaining a "buy" rating. Analyst Ananda Baruah pointed out that the reason for lowering the target price is the company's efforts to restore the gross margin/operating margin to 14%/10% and address the situation regarding the delayed submission of the 10-K report.
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Loop Capital Maintains Super Micro Computer(SMCI.US) With Buy Rating, Cuts Target Price to $1,000
Loop Capital analyst Ananda Baruah maintains $Super Micro Computer(SMCI.US)$ with a buy rating, and adjusts the target price from $1,500 to $1,000.According to TipRanks data, the analyst has a
Loop Capital significantly cuts the target price of Super Micro Computer (SMCI.US), but still bullish on its AI prospects.
Loop Capital released research reports, lowering the target price of Super Micro Computer from $1500 to $1000, a decrease of nearly 33.33%, but still maintaining a "buy" rating.
Express News | Vietnam has signed cooperation memoranda of understanding on energy and AI with several American companies.
Trading volume TOP 20 | Tesla soared nearly 5%, analysts expect third-quarter delivery volume to exceed expectations; Meta's stock price hits a new high again.
Nvidia ranked first in trading volume in the US stock market on Monday, closing up 0.22%, with a turnover of $23.897 billion. Nvidia recently announced a partnership with G42, an AI application development company in the UAE, to leverage existing technological capabilities and develop a weather forecasting AI model based on Nvidia's Earth-2 project.
US stocks closed | The three major indexes rose together, with the Dow and S&P hitting new highs again, Tesla surged nearly 5%, Intel rose over 3%; Miniso fell more than 16%.
US manufacturing PMI hits 15-month low, but service prices increase, with several Federal Reserve officials sending mixed signals but all confirming further rate cuts. US stocks rose across the board except for small caps, with Chinese concept stocks index briefly up 2.5% and nvidia closing higher after a 1% drop, while intel and li auto inc rose by about 3%. Poor economic situation in Europe boosts expectations of rate cut by the ECB, as the yield curve of German bonds no longer inverted. Offshore yuan plunges by 230 points to briefly breach 7.06 yuan, oil prices drop by 2% before trimming losses by half.
Is Wall Street 'Too Pessimistic' on Super Micro Computer Stock?
Super Micro Computer Options Spot-On: On September 23rd, 207.65K Contracts Were Traded, With 574.71K Open Interest
On September 23rd ET, $Super Micro Computer(SMCI.US)$ had active options trading, with a total trading volume of 207.65K options for the day, of which put options accounted for 35.8% of the total
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Express News | Super Micro Computer Shares Reverse Course, Last up 4.2%
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Super Micro's Price Target Cut by 33% at Loop Capital
Sector Update: Tech