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June 13, 2024
Super Micro Computer, Inc. (NASDAQ: SMCI) shares are experiencing a surge Thursday afternoon. The stock has seen impressive performance throughout the year, potentially driven by the company's strategic initiatives and growth in the artificial intelligence (AI) sector.
June 13, 2024
The Nasdaq 100 index posted its fourth consecutive session in the green on Thursday, closing up 0.6% at 19,576 points and reaching new all-time highs as tech stocks drive broader market gains. The S&P 500 also recorded its fourth straight positive day, rising 0.2% to a record closing level of 5,433 points, rebounding from a morning dip caused by disappointing unemployment claims data. In the afternoon, traders regained confidence in risky assets after U.S. Treasury Secretary Janet Yellen ex...
June 8, 2024
Prudential PLC grew its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) by 6.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 33,242 shares of the company’s stock after acquiring an additional 1,969 shares during the period. Prudential PLC […]
June 5, 2024
Chip maker's stock rose 5.2 per cent to end the day with a valuation of $3.012 trillion
June 4, 2024
Dow Jones futures await key economic data. Elon Musk reportedly diverted Nvidia AI chips from Tesla to X and xAI.
June 2, 2024
Eagle Asset Management Inc. trimmed its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) by 34.7% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 67,687 shares of the company’s stock after selling 35,913 shares during the period. Eagle Asset Management Inc. owned approximately 0.12% of […]
June 1, 2024
Capstone Investment Advisors LLC lifted its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) by 80.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,521 shares of the company’s stock after acquiring an additional 676 shares during the […]
June 1, 2024
These tech stocks, including some chipmakers, tech giants, and legacy computer makers, have surged on enthusiasm surrounding artificial intelligence.
May 31, 2024
Dells earnings reveal AI server demand surge, but margin pressures worry investors. Rotating into undervalued stocks like energy companies could offer better returns.