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AI computing power chain's strong momentum confirmed! Wedbush: Super Micro Computer's gross margin 'skyrockets,' benefiting NVIDIA and Dell
Super Micro Computer's gross margin for the fourth fiscal quarter significantly exceeded expectations, a sector-wide signal that also bodes well for Dell, Hewlett Packard Enterprise, and NVIDIA. Wedbush maintained a 'Neutral' rating on Super Micro Computer with a price target of $34.
U.S. Stocks Overnight | All Three Major Indices Closed Lower; Brent Crude Rose Over 3%; Tesla (TSLA.US) and Alphabet (GOOGL.US) Both Declined in After-Hours Trading
As of the market close, the Dow Jones Industrial Average fell 6.06 points, or 0.01%, to 52,218.58; the Nasdaq Composite declined 146.30 points, or 0.57%, to 25,690.90; and the S&P 500 decreased by 10.24 points, or 0.14%, to 7,498.96.
U.S. Market Close | Renewed rate hike expectations weighed on major indices, sending all three lower; NVIDIA led the Magnificent 7 with a strong 2% gain; Super Micro Computer surged 20%; software stocks lagged, with Palantir falling over 6%; oil prices cl
All three major U.S. equity indices closed lower under pressure, with the Russell 2000 Index down 0.92% to close at 2,959.938 points. NVIDIA rose 2.30%, while Meta declined 2.58%. Taiwan Semiconductor ADRs fell 0.82%, and AMD gained 1.45%. The U.S. dollar traded sideways overall, and the Japanese yen remained around 163.15. Spot gold briefly reclaimed the $4,150 level during the session and ended the day up 1.3% at $4,131.42 per ounce.
Stocks to Watch Recap: Super Micro Computer, AT&T, Tesla, Alphabet -- WSJ
Dell Technologies Options Spot-On: On July 22nd, 99,949 Contracts Were Traded, With 589.2K Open Interest
On July 22nd ET, $Dell Technologies(DELL.US)$ had active options trading, with a total trading volume of 99,949 options for the day, of which put options accounted for 48.8% of the total transactions,
Technology And Semiconductor Securities Drive Order Flow Activity