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Super Micro Shares Jump 26% After Audited Reports Restore Nasdaq Compliance

Super Micro Computer Inc. (SMCI) shares soared 26% in pre-market trading on Wednesday after submitting revised and audited financials for fiscal 2024 and the first half of fiscal 2025 to the SEC, narrowly averting a Nasdaq delisting warning. The company's financial statements, as of June 30, 2024, were verified by the company's auditor, BDO, confirming that they correctly reflect SMCI's status and conform to U.S. accounting standards. SMCI reasserted compliance with Nasdaq's filing requirements, removing investor concerns that had quaked its stock price with these revised filings.

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Insiders Cash Out as Super Micro Regains Nasdaq Compliance Δ1.87

Super Micro Computer's server manufacturer is experiencing a significant shift after receiving clearance from Nasdaq on its financial reports, prompting several insiders to cash out millions of dollars worth of stock. Insider sales come at a time when the company is regaining compliance with listing standards and is working towards a $40 billion revenue target for 2025. The recent developments raise questions about the motivations behind these insider sales.

SMALL CAP SERVER Solutions Provider SUPER MICRO (NASDAQ:SMCI) to Announce Q1 Earnings Δ1.84

Super Micro's Q1 earnings are expected to be announced tomorrow afternoon, following a slower quarter with a significant miss of analysts' operating income estimates. The company missed analysts' revenue expectations by 3.5% last quarter, reporting revenues of $5.68 billion, up 54.9% year on year. This quarter, analysts are expecting Super Micro's revenue to grow 34.6% year on year to $5.18 billion, slowing from the 200% increase it recorded in the same quarter last year.

Super Micro Stock Sees Nearly 30% Weekly Loss as Ai Server Competition Mounts Δ1.84

Super Micro stock has plunged 26% this week, extending its long streak of volatility as investors weigh the company’s AI-fueled growth against questionable accounting practices and growing competition. The server maker's ambitious long-term revenue outlook and early mover advantage in the AI server market have helped it thrive amidst mainstream adoption of artificial intelligence. However, macroeconomic uncertainties and ongoing regulatory scrutiny are casting a shadow on Super Micro's prospects.

Why Super Micro Computer Stock Soared Today Δ1.81

Super Micro Computer stock ended Tuesday's trading with big gains as investors bought back into some artificial intelligence (AI) stocks after measuring risk factors surrounding new tariffs and other bearish catalysts. The company's share price also got a boost from news that Taiwan Semiconductor Manufacturing will spend $100 billion to build five new chip fabrication plants in Arizona, which could alleviate concerns about access to high-end chip manufacturing services. However, geopolitical dynamics remain a key risk factor for Supermicro stock.

MicroStrategy Incorporated (MSTR) Soared on Tuesday Δ1.77

The recent surge in MicroStrategy Incorporated's share price can be attributed to the announcement of President Donald Trump's planned cryptocurrency reserve, which has sparked optimism among investors. The company's holding of nearly 500,000 Bitcoins is also seen as a potential catalyst for growth. As a result, the stock jumped by 9.66 percent on Tuesday, pushing Bitcoin's prices higher.

Why QMMM Holdings Limited (QMMM) Soared Last Week Δ1.76

QMMM Holdings Limited (NASDAQ:Q MMM) surged by 60 percent week-on-week to end Friday's trading at $1.47 each, driven by a surge in investor appetite following a notification from Nasdaq that it fell below the $1 bid price requirement to remain listed on the stock exchange. The company received an 180-day warning to regain compliance with Nasdaq's continued listing requirements or face delisting, sparking hopes of a turnaround. QMMM Holdings Limited is currently evaluating options to regain compliance and intends to regain timely compliance with Nasdaq's rules.

The Nasdaq Is in a Correction – Here Are 2 Stocks You Can Buy on Sale Right Now Δ1.76

The Nasdaq Composite has entered a correction phase, experiencing a drop of over 10% from its recent highs, which presents unique buying opportunities for long-term investors. Among the stocks highlighted, Advanced Micro Devices (AMD) and Alphabet (GOOGL) are particularly attractive due to their substantial revenue growth prospects despite recent declines in share prices. These companies, while facing market pressures, demonstrate strong fundamentals that could lead to significant recovery as the tech sector rebounds.

MicroStrategy Incorporated (MSTR) Goes Down on Friday Δ1.76

MicroStrategy Incorporated's (NASDAQ:MSTR) drop on Friday was largely in line with the decline in Bitcoin prices, which fell to $86,000 at the time of writing. The company's shares dropped by 5.57 percent to close at $287.18 apiece following the conclusion of a cryptocurrency summit at the White House. Investors had high hopes that the summit would lead to more active support for the cryptocurrency industry.

Stocks React to Tariff Threats and Economic Uncertainty Δ1.75

Nvidia's shares recovered from morning losses following President Trump's announcement of new tariffs and China's vow to retaliate, as investors sought stability in the wake of heightened trade tensions. The S&P 500 and Nasdaq-100 indices rose 0.2% and 0.3%, respectively, while the Dow Jones Industrial Average popped by 0.2%. However, some tech giants, including Super Micro Computer and Dell, fell due to concerns over the escalating tariff war's impact on their AI hardware business.

TECH STOCS RECEDE: Buying Plays Amid Nasdaq Correction Δ1.75

Nvidia's earnings report was a mixed bag, with estimates beat but broader fears about AI and consumer demand prevailing. The resulting sell-off has dropped the Nasdaq to its lowest level since before the election, sparking concerns of a correction. A downturn in tech stocks like Nvidia presents an opportunity to buy proven winners at a discount.

Nvidia, Tesla Stocks Slip as 'Magnificent 7' Names Lead Markets Lower Δ1.74

The "Magnificent Seven" stocks experienced significant declines on Monday as investors took risk off the table amid concerns about inflation and economic uncertainty. Shares of Nvidia and Tesla dropped more than 2% before the market open, while Alphabet, Amazon, Meta, Apple, and Microsoft saw smaller losses. The tech-heavy Nasdaq Composite entered correction territory last week, and the S&P 500 fell 6% from its record high reached on February 19.

AI Stocks Get Smashed in Market Shake-Up Δ1.74

Applied Digital's stock price plummeted 24.3% this week due to rising macroeconomic concerns and investor sell-outs following Nvidia's earnings report on Wednesday. Investors bristled at new tariffs on Canada and Mexico, as well as proposed export restrictions that could impact the sale of AI chips and semiconductor equipment to China. The company's reliance on Taiwanese semiconductors further fueled concerns about potential hardware cost increases.

Somnigroup International's (NYSE:SGI) Profits Appear To Have Quality Issues Δ1.74

Somnigroup International Inc. reported healthy earnings; however, its stock did not react positively, likely due to concerns over significant shareholder dilution and a notable drop in net profit over three years. The company's earnings per share (EPS) has increased slightly, but the growth is undermined by a 20% increase in shares outstanding, which raises questions about the true benefits to shareholders. Analysts warn that while statutory profits appear solid, the underlying earnings power may not be as strong, suggesting potential risks for investors.

Intel (INTC) Stock Trades Up, Here Is Why. Δ1.74

Shares of Intel (NASDAQ: INTC) surged 6.6% in pre-market trading following reports that Broadcom and Nvidia are testing Intel's 18A manufacturing process, signaling strong interest from high-profile clients. Despite the positive movement, Intel's stock remains volatile, having experienced numerous significant fluctuations over the past year, with a current price still significantly lower than its 52-week high. Market reactions suggest that while this news is encouraging, it may not fundamentally alter investor perceptions of Intel's long-term value.

Nasdaq Confirms Correction as Tariff Worries Weigh Δ1.74

The Nasdaq Composite has confirmed a correction since peaking last December, driven by concerns over global trade and the pricey valuations of Wall Street's AI-heavy specialist traders. Losses on the index have been fueled by worries about tariffs and interest rate hikes, which have led to a decline in investor sentiment. The 10.4% drop from its record high close on December 16 meets a widely used definition of a correction.

ServisFirst Bancshares' Stock Soars Amid Strong Earnings Growth Δ1.74

ServisFirst Bancshares (NYSE:SFBS) has seen its share price jump 5.3% this week, driven by earnings growth that continues to track above expectations. The company's ability to maintain a strong balance sheet and manage risk effectively has contributed to its success. With its share price now up 176% over the past five years, ServisFirst Bancshares is poised for further gains.

Stock Market Sees Correction Amid Tariff Uncertainty Δ1.74

The Nasdaq Composite has plummeted over 2.6% to enter correction territory, with tech stocks leading the retreat as investors grapple with Trump's shifting tariff policy and concerns about the economy. Investors have been reassured by Broadcom's better-than-expected financial results, which saw shares rally roughly 10%. The S&P 500 sank nearly 2%, setting a new low since November.

Tech Sell-Off Gains Momentum as Nasdaq 100 Breaks 200-Day Moving Average Δ1.74

The tech sell-off has accelerated, with top performers like Amazon, Nvidia, and Tesla experiencing significant declines. The Nasdaq 100 (^NDX) has broken its key 200-day moving average for the first time in nearly two years, signaling a shift in investor sentiment towards more defensive sectors. The prolonged uptrend, which spanned 497 days, was marked by a 73% return, but the latest downturn raises concerns about the broader market's resilience.

Bank of America Corporation (BAC) Crashed on Tuesday Δ1.74

Bank of America Corporation's share price dropped by 6.34 percent on Tuesday due to growing trade tensions between the US and its largest trading partners, weighing down investor sentiment. The company is set to release its next earnings results in April, with provisions for credit losses potentially increasing due to higher taxes in place. As investors park funds to mitigate risks, Bank of America's stock performance is being closely watched.

Stocks to Watch Today: Market Reactions to Earnings and Mergers Δ1.74

U.S. stocks rose on Friday as investors weighed tariff policies against signs of economic relief, with the S&P 500 adding 0.5% and the Nasdaq 100 popping up 0.7%. The Dow Jones Industrial Average advanced 0.5%, while Broadcom's strong earnings report lifted Nvidia's shares after they slumped the previous day. Meanwhile, February's jobs report came in weaker than expected, with nonfarm payrolls rising by a seasonally adjusted 151,000.

Jim Cramer Says His Trust Sold Some Meta Platforms (META) Shares Amid Latest Bull Run Δ1.73

Jim Cramer's charitable trust sold some Meta Platforms, Inc. (NASDAQ:META) shares amid the latest bull run due to the stock's rapid growth, despite concerns over higher expenses and potential ad pricing slowdowns in the future. The trust still maintains ownership of the stock, and Cramer believes its long-term value lies in AI-driven growth. The charity trust's trimmed position reflects a cautious approach to navigating market volatility.

Strategy (NASDAQ: MSTR) Stock Soared This Week Δ1.73

Strategy's share price surged in this week's trading after President Trump confirmed plans to include Bitcoin in a U.S. digital asset reserve. The company's core growth bet revolves around buying and holding Bitcoin, and the positive valuation catalyst for the cryptocurrency helped send the company's stock higher. However, investors should still understand that the stock is a high-risk investment, given its reliance on a volatile cryptocurrency. Strategy's share price closed out the period up 11.8%, according to data from S&P Global Market Intelligence.

Rapid Micro Biosystems Full Year 2024 Earnings: In Line With Expectations Δ1.73

Rapid Micro Biosystems' full-year 2024 earnings were in line with expectations, with revenue up 25% from the previous year and a net loss narrowed by 11%. The company's shares have taken a hit, falling 5.0% from a week ago, but this move may be related to the challenges facing the American Life Sciences industry. Looking ahead, Rapid Micro Biosystems' forecasted growth of 16% per annum for the next two years compares favorably to the industry's 5.9% growth.

MongoDB Stock Crashed on Thursday Δ1.73

MongoDB's stock plummeted by 20.3% following the announcement of its Q4 2024 earnings, which, despite surpassing expectations, were overshadowed by disappointing guidance for 2025. The company reported a decline in gross profit margin and a significant drop in free cash flow, raising concerns about its financial health moving forward. Investors reacted negatively to the forecast of lower sales and earnings, signaling a potential downturn in the company's growth trajectory.

Stocks Rebound Amid Tariff Relief Hints Δ1.73

U.S. stocks rebounded on Wednesday as Commerce Secretary Howard Lutnick suggested potential tariff relief for Canada and Mexico, sparking investor optimism. The S&P 500 added 1.1%, while the Nasdaq 100 climbed 1.4%. General Motors' stock surged over 3% in response to Lutnick's remarks, potentially driven by hopes for a compromise "in the middle."