Super Micro Computer Bolsa (NASDAQ: SMCI)

Últimas noticias sobre Super Micro Computer (NASDAQ:SMCI) Bolsa

Super Micro Computer

Super Micro Computer Inc provides high-performance server technology services to cloud computing, data center, Big Data, high-performance computing, and "Internet of Things" embedded markets. Its solutions include server, storage, blade and workstations to full racks, networking devices, and server management software. The firm follows a modular architectural approach, which provides flexibility to deliver customized solutions. The Company operates in one operating segment that develops and provides high-performance server solutions based upon an innovative, modular and open-standard architecture. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.

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Las acciones de Super Micro Computer (SMCI) caen un 65% desde su máximo. Descubre el análisis técnico y los riesgos del auge de la IA.

Super Micro Computer (SMCI) lucha contra la volatilidad de la inteligencia artificial

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Explora las acciones más sobrevendidas en tecnología, con un RSI bajo 30. Descubre oportunidades de inversión en empresas infravaloradas.

3 acciones tecnológicas en las que te arrepentirás de no haber invertido este mes

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Las acciones de Nvidia y Super Micro Computer suben en pre-mercado tras comentarios de Foxconn sobre fuerte demanda de servidores de IA.

Las acciones de Nvidia (NVDA) y Super Micro Computer (SMCI) avanzan en el pre-mercado

Super Micro Computer, Inc. - Common Stock

Super Micro Computer Inc

Super Micro Computer Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) stock gained 1.30% in premarket trading on Wednesday, according to <a href="https://pro.benzinga.com/">Benzinga Pro data</a>.
This comes after a challenging period marked by SMCI&#8217;s removal from the <a href="https://www.benzinga.com/24/12/42520765/super-micro-drops-below-50-day-average-faces-nasdaq-100-removal-just-months-after-entry">Nasdaq-100 Index</a>. This removal, scheduled for Dec. 23, has been announced just months after the company had been added to the index.
The Nasdaq-100 Index includes 100 of the largest non-financial companies on the Nasdaq stock market.
See Also:&nbsp;<a href="https://www.benzinga.com/trading-ideas/movers/24/12/42545419/bitcoin-ethereum-dogecoin-stay-muted-before-feds-interest-rate-decision-analyst-says-btc-in-parabolic-phase-reveals-its-duration?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, Dogecoin Stay Muted Before Fed&#8217;s Interest Rate Decision: Analyst Says BTC In Parabolic Phase, Reveals Its Duration</a>
The removal was prompted by the stock trading below its 50-day moving average, a key indicator of its performance. This development placed SMCI <a href="https://www.benzinga.com/24/12/42495649/microstrategy-palantir-axon-added-to-nasdaq-100-super-micro-computer-moderna-illumina-exit-the-index">alongside other companies like</a> Illumina Inc. and Moderna Inc., which also faced similar challenges.
In contrast, companies such as Palantir Technologies Inc., MicroStrategy Inc., and Axon Enterprise Inc. were added to the index, replacing those removed.
Price Action: SMCI stock closed at $33.80 on Tuesday, ending 1.1% up for the day. Year-to-date, the stock is up 18.4%, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
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Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Shutterstock

Super Micro Computer Rises In Premarket Trading On Wednesday: What's Going On

Super Micro Computer (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) has outperformed the market over the past 10 years by 14.04% on an annualized basis producing an average annual return of 25.31%. Currently, Super Micro Computer has a market capitalization of $20.07 billion. 
Buying $100 In SMCI: If an investor had bought $100 of SMCI stock 10 years ago, it would be worth $938.13 today based on a price of $34.27 for SMCI at the time of writing.
<h3>Super Micro Computer's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734453907_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $100 In This Stock 10 Years Ago, You Would Have This Much Today

In the current session, the stock is trading at $34.13, after a 2.06% spike. Over the past month, Super Micro Computer Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) stock increased by 18.29%, and in the past year, by 10.70%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2024/1734444907_0.png" alt="Past Year Chart" />

<h3>How Does Super Micro Computer P/E Compare to Other Companies?</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Super Micro Computer has a lower P/E than the aggregate P/E of 38.57 of the Technology Hardware, Storage &amp; Peripherals industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1734444907_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

P/E Ratio Insights for Super Micro Computer

Super Micro Computer, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) stock is trading below its 50-day moving average as it awaits removal from the Nasdaq 100 Index on <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/g42494812/annual-changes-to-the-nasdaq-100-index" rel="noreferrer noopener">December 23, 2024</a>, joining the likes of Illumina, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>)&nbsp;and&nbsp;Moderna, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>).
Palantir Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), MicroStrategy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), and Axon Enterprise Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>) entered the coveted club as a replacement.
The Nasdaq-100 Index comprises 100 of the largest non-financial companies on The Nasdaq Stock Market.
Also Read: <a target="_blank" href="https://www.benzinga.com/24/12/42514598/hubspots-ai-powered-tools-set-to-drive-smb-growth-and-crm-innovation-analyst-says" rel="noreferrer noopener">HubSpot To Dominate SMB CRM Space With AI-Driven Platform, Says BofA Analyst</a>
Established in January 1985 alongside the Nasdaq Financial-100 Index, which tracks the 100 largest financial stocks on Nasdaq, these indexes serve as benchmarks for financial instruments like options, futures, and funds.
The Nasdaq-100 undergoes an annual reconstitution each December, aligned with the quadruple witching expiration on Friday of the quarter.
Super Micro Computer stock plunged 62% in the last six months. Reportedly, the AI server company has <a target="_blank" href="https://www.benzinga.com/news/financing/24/12/42506690/super-micro-seeks-to-raise-capital-via-equity-and-debt" rel="noreferrer noopener">enlisted Evercore to</a> assist in raising capital.
The effort aims to avoid a potential delisting after the company missed its August deadline for filing its annual financial report while reviewing internal financial controls.
The company is considering private investment in public equity (PIPE) funding, which could attract interest from private equity firms. While PIPE funding provides a faster capital-raising method, it dilutes existing shareholders&#8217; equity.
Concerns still need to be made about the profitability of Super Micro&#8217;s AI-optimized servers due to reliance on high-end chips from suppliers like Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>).
Super Micro&#8217;s auditor, Ernst &amp; Young, resigned in October over governance concerns. This led to a sharp decline in stock value and prompted an independent committee to investigate. By December, the committee found no evidence of misconduct, spurring a 30% rise in Super Micro&#8217;s stock.
The company appointed BDO USA as its new auditor to address delisting risks, submitted a compliance plan to Nasdaq, and began searching for a new finance chief based on the committee&#8217;s recommendations.
Super Micro, which faced scrutiny from a Hindenburg Research report and a U.S. Department of Justice probe, has until February 25 to file its delayed financial reports.
Super Micro Computer missed the revenue estimates for the last two quarters and the adjusted EPS consensus for the last quarter.
In July 2024, Super Micro Computer <a target="_blank" href="https://www.benzinga.com/news/24/07/39847680/whats-going-on-with-super-micro-computer-shares-today" rel="noreferrer noopener">became a component</a> of the Nasdaq-100 Index and the Nasdaq-100 Equal Weighted Index, replacing Walgreens Boots Alliance Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>).
At that time, CEO Charles Liang highlighted Super Micro&#8217;s eco-friendly initiatives and AI growth opportunities during an interview with CNBC&#8217;s Jim Cramer.
Liang showcased the potential of their &#8220;liquid cooling&#8221; and &#8220;green computer&#8221; technologies to cut carbon emissions and reduce customer expenses.
He also shared his confidence in the transformative power of AI, predicting it could have a more significant impact than the industrial revolution.
The Nasdaq-100 Index underpins the Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which seeks to deliver investment results mirroring the index&#8217;s performance before expenses.
Price Action: SMCI stock closed lower by 8.26% to $33.44 on Monday.
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Photo via Company

Movers

AXON

ILMN

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MSTR

PLTR

Super Micro Drops Below 50-Day Average, Faces Nasdaq 100 Removal Just Months After Entry

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$250.00</td>
<td>$34.9K</td>
<td>9.3K</td>
<td>42.7K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$252.50</td>
<td>$100.8K</td>
<td>23.2K</td>
<td>32.0K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$110.00</td>
<td>$78.0K</td>
<td>29.6K</td>
<td>17.9K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/27/24</td>
<td>$75.00</td>
<td>$59.6K</td>
<td>8.8K</td>
<td>17.0K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$35.00</td>
<td>$25.0K</td>
<td>16.3K</td>
<td>14.6K</td>
</tr>
<tr>
<td>RIOT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$13.50</td>
<td>$52.4K</td>
<td>6.1K</td>
<td>11.0K</td>
</tr>
<tr>
<td>TSM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$210.00</td>
<td>$33.0K</td>
<td>9.5K</td>
<td>10.8K</td>
</tr>
<tr>
<td>NVDA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$140.00</td>
<td>$56.7K</td>
<td>92.3K</td>
<td>10.3K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$23.00</td>
<td>$73.5K</td>
<td>13.0K</td>
<td>4.8K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$400.00</td>
<td>$35.6K</td>
<td>7.4K</td>
<td>4.5K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a call option trade that happens to be bearish, expiring in 4 day(s) on December 20, 2024. This event was a transfer of 96 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $34.9K, with a price of $364.0 per contract. There were 9313 open contracts at this strike prior to today, and today 42702 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a call option trade with bullish sentiment. It expires in 4 day(s) on December 20, 2024. Parties traded 877 contract(s) at a $252.50 strike. The total cost received by the writing party (or parties) was $100.8K, with a price of $115.0 per contract. There were 23228 open contracts at this strike prior to today, and today 32013 contract(s) were bought and sold. 
• For MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on December 20, 2024. This event was a transfer of 120 contract(s) at a $110.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $78.0K, with a price of $650.0 per contract. There were 29603 open contracts at this strike prior to today, and today 17987 contract(s) were bought and sold. 
• For PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we notice a call option trade that happens to be bearish, expiring in 11 day(s) on December 27, 2024. This event was a transfer of 225 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $59.6K, with a price of $265.0 per contract. There were 8872 open contracts at this strike prior to today, and today 17077 contract(s) were bought and sold. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on December 20, 2024. Parties traded 200 contract(s) at a $35.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $25.0K, with a price of $125.0 per contract. There were 16336 open contracts at this strike prior to today, and today 14653 contract(s) were bought and sold. 
• Regarding RIOT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>), we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on December 20, 2024. Parties traded 509 contract(s) at a $13.50 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $52.4K, with a price of $103.0 per contract. There were 6129 open contracts at this strike prior to today, and today 11053 contract(s) were bought and sold. 
• Regarding TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on December 20, 2024. Parties traded 200 contract(s) at a $210.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $33.0K, with a price of $165.0 per contract. There were 9557 open contracts at this strike prior to today, and today 10831 contract(s) were bought and sold. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on December 20, 2024. Parties traded 61 contract(s) at a $140.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $56.7K, with a price of $930.0 per contract. There were 92341 open contracts at this strike prior to today, and today 10306 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a call option sweep with bearish sentiment. It expires in 95 day(s) on March 21, 2025. Parties traded 487 contract(s) at a $23.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $73.5K, with a price of $151.0 per contract. There were 13032 open contracts at this strike prior to today, and today 4855 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a call option sweep that happens to be neutral, expiring in 4 day(s) on December 20, 2024. This event was a transfer of 9 contract(s) at a $400.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $35.6K, with a price of $3960.0 per contract. There were 7444 open contracts at this strike prior to today, and today 4534 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AVGO

INTC

RIOT

10 Information Technology Stocks Whale Activity In Today's Session

Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) stock is trading lower on Monday. The company is expected to be removed from the Nasdaq 100 Index later this month. Here&#8217;s what you <a href="https://www.benzinga.com//node/42506977">need to know</a>.
What To Know: Super Micro is one of three companies set to be booted from the Nasdaq 100 Index on Dec. 23 as part of the index&#8217;s annual changes.
The changes will take effect before the market opens on Dec. 23. The other companies set to be removed from the index, include Illumina, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>) and Moderna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>). 
The Nasdaq is set to add Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) and Axon Enterprise, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>) to the index.
What Else: Super Micro has faced delays in filing its earnings for the 2024 fiscal year as well as the first quarter of the 2025 fiscal year. The company originally cited multiple reasons for the delay, including the need to find a new auditor after Ernst &amp; Young, the company&#8217;s former auditor, resigned due to governance control issues, and the need to review its internal control systems.
Super Micro has since appointed BDO USA as its independent auditor. In addition, the company&#8217;s special committee review found no evidence of misconduct.
 Lastly, the company is <a href="https://www.benzinga.com//node/42506690">working</a> with Evercore to raise its capital. The company is considering multiple options in order to achieve this, such as, a private investment in public equity.
Related Link: <a href="https://www.benzinga.com/insights/options/24/12/42510375/what-the-options-market-tells-us-about-on-holding">What the Options Market Tells Us About On Holding</a>
SMCI Price Action: At the time of writing, Super Micro stock is trading 6.75% lower at $33.98, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Photo via Shutterstock

What's Going On With Super Micro Computer Shares Monday?

WIIM

Super Micro Computer shares are trading lower. The Company is set to be removed from the Nasdaq 100 Index later this month.

<ul>
<li>TSLA</li>
<li>NVDA</li>
<li>PLTR</li>
<li>SMCI</li>
<li>MSTR</li>
<li>ACHR</li>
<li>AMD</li>
<li>MU</li>
<li>AVGO</li>
<li>QQQ</li>
</ul>
Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
&nbsp;

ACHR

Top 10 Trending Stocks On WallStreetBets As Of December 16, 2024 (Via Swaggy Stocks)

U.S. stock futures were slightly higher this morning, with the Nasdaq futures gaining around 0.2% points on Monday.
Shares of Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) fell sharply in today's pre-market trading following reports suggesting the company tapped Evercore to raise capital and is considering raising<a href="https://www.benzinga.com/quote/SMCI/news"> equity and debt</a>.
Super Micro Computer shares dipped 12.5% to $31.85 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Tile Shop Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTSH#NASDAQ">TTSH</a>) shares declined 11.5% to $6.10 in pre-market trading.</li>
<li>KalVista Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KALV#NASDAQ">KALV</a>) fell 7.9% to $8.00 in pre-market trading.</li>
<li>Kearny Financial Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRNY#NASDAQ">KRNY</a>) shares declined 6.5% to $7.51 in pre-market trading.</li>
<li>Innovex International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INVX#NASDAQ">INVX</a>) fell 5.8% to $12.52 in pre-market trading.</li>
<li>MAC Copper Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTAL#NYSE">MTAL</a>) fell 5.7% to $11.50 in pre-market trading after declining 4% on Friday.</li>
<li>Innventure, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INV#NASDAQ">INV</a>) fell 5.2% to $11.90 in pre-market trading.</li>
<li>Viemed Healthcare, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VMD#NASDAQ">VMD</a>) fell 5% to $8.30 in pre-market trading.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42482639/wall-streets-most-accurate-analysts-give-their-take-on-3-energy-stocks-with-over-6-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Energy Stocks With Over 6% Dividend Yields</a></li>
</ul>

INVX

KALV

KRNY

MTAL

TTSH

Super Micro Computer And Other Big Stocks Moving Lower In Monday's Pre-Market Session

<a target="_blank" href="https://www.benzinga.com/topic/ai" rel="noreferrer noopener">Artificial intelligence server</a><a target="_blank" href="https://www.benzinga.com/topic/ai" rel="noreferrer noopener"> </a><a target="_blank" href="https://www.benzinga.com/topic/ai" rel="noreferrer noopener">company</a> Super Micro Computer Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>)&nbsp;has commissioned Evercore to help the company raise capital, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-12-13/super-micro-computer-is-said-to-tap-evercore-to-raise-capital?sref=TBDibEcD" rel="noreferrer noopener">cites</a> familiar sources.
The capital raise marks the company&#8217;s attempts to prevent a potential delisting after failing to file its annual financial report by the August deadline as it evaluated internal controls over&nbsp;financial reporting.
According to the report, Super Micro is weighing a potential private investment in public equity (PIPE) funding to generate interest from private equity firms as well.
PIPE funding is a relatively faster way for companies to raise capital that ends up diluting equity for existing shareholders.
Also Read: <a target="_blank" href="https://www.benzinga.com/tech/24/12/42486903/affirm-secures-4-billion-loan-deal-with-sixth-street-to-boost-bnpl-growth" rel="noreferrer noopener">Affirm Secures $4 Billion Loan Deal With Sixth Street to Boost BNPL Growth</a>
However, the Street remains jittery about the sustained profitability of AI-optimized servers due to the need for high-end chips from companies like Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>). The stock is down close to 12% at Monday premarket trading.
Super Micro&#8217;s auditor, Ernst &amp; Young, resigned in October, flagging governance concerns triggering a sharp decline in the stock&#8217;s value. The resignation led to creating an independent special committee to investigate the allegations.
<a target="_blank" href="https://www.benzinga.com/24/12/42376751/smci-stock-surges-9-in-after-market-hours-as-company-gets-extension-to-file-annual-report" rel="noreferrer noopener">By early December</a>, the committee completed its review and found no evidence of company management or board misconduct. Following this announcement, Super Micro&#8217;s stock surged over 30%.
Super Micro appointed BDO USA as <a target="_blank" href="https://www.benzinga.com/24/12/42376751/smci-stock-surges-9-in-after-market-hours-as-company-gets-extension-to-file-annual-report" rel="noreferrer noopener">its new auditor</a> and submitted a compliance plan to Nasdaq to mitigate the risk of delisting. The company plans to complete all required filings by the extended deadline to retain its Nasdaq listing.
Additionally, Super Micro initiated a search for a new finance chief based on recommendations from the special committee.
Super Micro&#8217;s delayed filing of the report followed a Hindenburg Research investigation report where it had flagged issues related to <a target="_blank" href="https://www.benzinga.com/markets/24/12/42388383/super-micro-surges-10-on-monday-pre-market-after-nasdaq-extension" rel="noreferrer noopener">accounting and governance</a>, triggering a U.S. Department of Justice probe.
The company has yet to file its financial report for the fiscal year ending June 30 and its quarterly report for results ending September 30. Super Micro&nbsp;bagged an extension from Nasdaq and plans to file the documents by February 25.
Super Micro Computer stock surged 28% year-to-date, backed by the AI frenzy.
JP Morgan analyst Samik Chatterjee flagged Super Micro&#8217;s robust customer base with no major changes <a target="_blank" href="https://www.benzinga.com/24/12/42460199/jpmorgan-reiterates-underweight-rating-on-supermicro-maintains-the-lowest-target-price-among-the-17-tracked-analysts" rel="noreferrer noopener">to order allocations</a>, addressing market rumors about potential shifts.
The analyst also highlighted growth opportunities tied to Nvidia&#8217;s Blackwell product line, which will likely drive significant demand in late fiscal 2025, positioning Super Micro well for customized product offerings.
Price Action: SMCI stock is down 13.30% at $31.60 premarket at the last check on Monday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42489281/broadcoms-ai-chip-leadership-puts-pressure-on-nvidia-and-marvell-analysts-say" target="_blank" rel="noreferrer noopener">Broadcom&#8217;s AI Chip Leadership Puts Pressure on Nvidia and Marvell, Analysts Say</a></li>
</ul>

Financing

Media

Super Micro Seeks To Raise Capital Via Equity And Debt

Shares of Edgewise Therapeutics, Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWTX#NASDAQ">EWTX</a>) rose sharply in today's pre-market trading after the company reported topline results from Phase 2 CANYON trial of Sevasemten in individuals with <a href="https://www.benzinga.com/quote/EWTX/news">becker muscular dystrophy</a>.
Edgewise Therapeutics shares jumped 26.5% to $35.00 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Sidus Space, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIDU#NASDAQ">SIDU</a>) gained 59.4% to $2.28 in pre-market trading after adding 9% on Friday.</li>
<li>SEALSQ Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAES#NASDAQ">LAES</a>) gained 48.6% to $2.60 in pre-market trading after falling over 5% on Friday.</li>
<li>U-BX Technology Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UBXG#NASDAQ">UBXG</a>) gained 32.3% to $4.40 in pre-market trading.</li>
<li>PureTech Health plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRTC#NASDAQ">PRTC</a>) rose 22.8% to $25.00 in pre-market trading after the company reported positive results from ELEVATE IPF, a Phase 2b randomized, double-blind, active- and placebo-controlled, dose-ranging trial evaluating deupirfenidone (LYT-100) at two dose levels three times a day (TID) over 26 weeks in patients with idiopathic pulmonary fibrosis (IPF).</li>
<li>BTC Digital Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTCT#NASDAQ">BTCT</a>) gained 22.8% to $7.84 in pre-market trading.</li>
<li>Sagimet Biosciences Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGMT#NASDAQ">SGMT</a>) climbed 17.2% to $5.15 in pre-market trading after falling over 3% on Friday.</li>
<li>Kratos Defense &amp; Security Solutions, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KTOS#NASDAQ">KTOS</a>) gained 14.4% to $30.72 in pre-market trading.</li>
<li>Tonix Pharmaceuticals Holding Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TNXP#NASDAQ">TNXP</a>) gained 13.8% to $0.2736 in pre-market trading after gaining 5% on Friday.</li>
<li>BitFuFu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUFU#NASDAQ">FUFU</a>) gained 9.1% to $5.64 in pre-market trading following a 9% decline on Friday.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Akoustis Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKTS#NASDAQ">AKTS</a>) shares tumbled 39.8% to $0.0410 in pre-market trading after the company filed for Chapter 11 and initiated strategic sale of business amid Qorvo legal dispute.</li>
<li>Roadzen, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RDZN#NASDAQ">RDZN</a>) declined 32.6% to $1.20 in pre-market trading after the company priced its $2.5 million public offering of 2 million common shares at $1.25 per share.</li>
<li>SMX (Security Matters) Public Limited Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMX#NASDAQ">SMX</a>) shares fell 23.9% to $0.2160 in pre-market trading after the company announced the receipt of Nasdaq Listing Delinquency Notice.</li>
<li>Karyopharm Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KPTI#NASDAQ">KPTI</a>) fell 21.6% to $0.55 in pre-market trading.</li>
<li>AtlasClear Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATCH#NASDAQ">ATCH</a>) dipped 20.5% to $0.1750 in pre-market trading.</li>
<li>Innate Pharma S.A. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPHA#NASDAQ">IPHA</a>) shares dipped 19.2% to $2.44 in pre-market trading after jumping 96% on Friday. The company, last week. announced its TELLOMAK Phase 2 trial of Lacutamab demonstrated significant symptom relief and quality of life improvements.</li>
<li>22nd Century Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XXII#NASDAQ">XXII</a>) shares fell 17.5% to $0.0404 in pre-market trading after dipping 33% on Friday.</li>
<li>Santech Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STEC#NASDAQ">STEC</a>) fell 17.2% to $0.63 in pre-market trading.</li>
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) fell 12.5% to $31.85 in pre-market trading following reports suggesting the company tapped Evercore to raise capital and is considering raising equity and debt.</li>
<li>SPI Energy Co., Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPI#NASDAQ">SPI</a>) fell 12.1% to $0.34 in today's pre-market trading after jumping over 10% on Friday.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42482639/wall-streets-most-accurate-analysts-give-their-take-on-3-energy-stocks-with-over-6-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Energy Stocks With Over 6% Dividend Yields</a></li>
</ul>

AKTS

ATCH

BTCT

EWTX

FUFU

IPHA

KPTI

KTOS

LAES

PRTC

RDZN

SGMT

SIDU

STEC

TNXP

UBXG

XXII

Why Edgewise Therapeutics Shares Are Trading Higher By Over 26%; Here Are 20 Stocks Moving Premarket

U.S. stock futures were trading higher on Monday in premarket hours after the tech-heavy <a href="https://www.benzinga.com/24/12/42495649/microstrategy-palantir-axon-added-to-nasdaq-100-super-micro-computer-moderna-illumina-exit-the-index">Nasdaq 100 index</a> extended its relentless climb last week, setting new record highs and nearing the 22,000-point milestone. The futures of all four major indices were trading higher.
The 10-year and two-year Treasury notes yielded 4.38% and 4.23%, respectively. The Federal Reserve&#8217;s upcoming meeting this week is highly anticipated by market observers.
The Federal Open Market Committee is widely expected to announce another interest rate reduction at the conclusion of their meeting on Wednesday. The probability of a further 25 basis point rate cut in December rose to 97.1% versus 61.9% a month ago, according to <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">CME Group&#8217;s FedWatch tool</a>.
If the Fed cuts rates, it would be the third consecutive cut, bringing the federal funds rate down from its current level of 4.50% to 4.75%. Following the meeting, Chairman Jerome Powell&#8216;s remarks will be closely scrutinized by market participants.
Investors will receive another critical economic data point on Friday with the release of the November personal consumption expenditures (PCE) inflation index. This release follows other inflation indicators that suggest price increases accelerated in November.
Prior to that, GDP revisions on Thursday will reveal whether the economy maintained the previously estimated 2.8% growth rate for the third quarter.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.31%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.20%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.10%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.27%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Monday, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was up 0.20% to $605.44 and the Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 0.32% to $532.25, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Cues From The Last Session
The Nasdaq 100 rally was driven by <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42492966/ai-driven-rally-pushes-tech-stocks-to-records-broadcom-enters-trillion-dollar-club-inflation-data-flashes-warning-signal-this-week-in-the-markets">tech giants and AI optimism</a>. It&#8217;s set to double since the start of 2023, with five of the &#8220;Magnificent Seven&#8221; stocks hitting record highs. Broadcom Inc. joined the $1 trillion market cap club after strong earnings.
The Dow Jones Industrial Average, on the other hand, fell for the seventh consecutive day on Friday and S&amp;P 500 index closed marginally lower.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Dow down 7 days in a row, but only 2.6% off the all-time highs (third least ever). I see 78 7-day losing streaks since 1900 and an avg of 24.7% off ATHs.
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1868406754448691224?ref_src=twsrc%5Etfw">December 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Inflation data released during the week raised some red flags. Consumer inflation rose 2.7% year-over-year in November, in line with expectations, but producer inflation jumped to 3% year-over-year, exceeding estimates of 2.6%. This marked the sharpest increase since February 2023, raising concerns about potential cost pass-throughs to consumers.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>0.12%</td>
<td>19,926.72</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.002%</td>
<td>6,051.09</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.20%</td>
<td>43,828.06</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.60%</td>
<td>2,34.90</td>
</tr>
</tbody>
</table>
</figure>
See Also: <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42492966/ai-driven-rally-pushes-tech-stocks-to-records-broadcom-enters-trillion-dollar-club-inflation-data-flashes-warning-signal-this-week-in-the-markets">AI-Driven Rally Pushes Tech Stocks To Records, Broadcom Enters Trillion-Dollar Club, Inflation Data Flashes Warning Signal: This Week In The Markets</a>
Insights From Analysts
Talking about the possibility of a &#8220;Santa Rally,&#8221; by the end of December the chief market strategist at Carson Group, Ryan Detrick shared a chart titled &#8216;Santa Comes Later In December&#8217; showing how the market has picked up after Dec. 16, on an average from 1950 to 2023.
He said, &#8220;Weak breadth, inflation heating up, bears saying they are sorry, etc, have all been listed as reasons for the recent weakness. Or maybe it is perfectly normal for stocks not to do much the first half of December, before an end-of-year rally?&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Weak breadth, inflation heating up, bears saying they are sorry, etc, have all been listed as reasons for the recent weakness. Or maybe it is perfectly normal for stocks not to do much the first half of December, before an end of year rally? Let&#39;s not give up on Santa yet. <a href="https://t.co/xo6mxsq8Yg">pic.twitter.com/xo6mxsq8Yg</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1868396543985762667?ref_src=twsrc%5Etfw">December 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
He further made a case for a year-end rally in another X post. He shared a chart that compared high-yield bonds with U.S. Treasury bonds and high-beta stocks with low volatility stocks. &#8220;High yield and high beta are outperforming bonds and low volatility,&#8221; he said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Nice chart from <a href="https://twitter.com/HumbleStudent?ref_src=twsrc%5Etfw">@HumbleStudent</a> on why a year-end rally is still possible. High yield and high beta are outperforming bonds and low volatility. Risk on signals are still in play (weak breadth and all). <a href="https://t.co/VTVXgmve85">pic.twitter.com/VTVXgmve85</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1868405432550555851?ref_src=twsrc%5Etfw">December 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Tom Lee, the managing partner and head of research at Fundstrat Global Advisors, hosted a webinar outlining his 2025 outlook. According to him, the S&amp;P 500 will have a better first half of the year getting up to 7,000, followed by a weaker second half of the year with us ultimately ending at 6,600
&#8220;To us, the downside risks are: DOGE too effective and GDP falls on spending cuts, (if) tariffs are actually implemented and GDP impacted,&#8221; Lee said.
Upcoming Economic Data:
Important data is slated to be released this week that will help investors determine the future course of action.
<ul>
<li>On Monday, the Empire State manufacturing survey data for December will be released at 8:30 a.m., ET.</li>
<li>The S&amp;P flash U.S. services and manufacturing PMI data for December will be released at 9:45 a.m., ET.</li>
<li>On Tuesday, U.S. retail sales data for November will be announced at 8:30 a.m., ET.</li>
<li>The industrial production and capacity utilization data for November will be announced at 9:15 a.m., ET.</li>
<li>The home builder confidence index data will be released for December at 10:00 a.m., ET.</li>
<li>And, lastly, the Federal Open Market Committee meeting will begin on Tuesday.</li>
<li>On Wednesday, housing starts, and building permit data for November will be announced at 8:30 a.m., ET.</li>
<li>The FOMC&#8217;s interest rate decision will be announced at 2:00 p.m., ET, and the Fed Chair Jerome Powell&#8217;s press conference will begin at 2:30 p.m., ET.</li>
<li>Micron Technology, Lennar, General Mills, and Toro will report earnings.</li>
<li>On Thursday, the data for initial jobless claims till Dec. 14, GDP&#8217;s second revision for the third quarter and Philadelphia Fed manufacturing survey data for December will be released at 8:30 a.m., ET.</li>
<li>Existing home sales data and U.S. leading economic indicators for November will be announced at 10:00 a.m., ET.</li>
<li>Accenture, Nike, Cintas, FedEx, and Paychex will report earnings.</li>
<li>On Friday, personal income and spending data along with core and headline PCE index data for November will be released at 8:30 a.m., ET.</li>
<li>Consumer sentiment data for December will be released at 10:00 a.m., ET.</li>
<li>Carnival Corporation and Winnebago Industries will report earnings.</li>
</ul>
Stocks In Focus:
<ul>
<li>MicroStrategy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) advanced 5.26%, Palantir Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) was up 0.78%, and Axon Enterprise Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>) rose by 3.12% in premarket trade as Nasdaq announced on Friday that these stocks will join the Nasdaq 100 index.</li>
</ul>
<ul>
<li>Moderna Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) declined by 0.5%, Super Micro Computer Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) fell by 11.71% and Illumina Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>) dropped by 0.99% in premarket after Nasdaq&#8217;s Friday announcement, booting these stocks off Nasdaq 100 index.</li>
</ul>
<ul>
<li>Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) was up 1.57%, continuing Friday&#8217;s upmove fueled by strong quarterly earnings and upbeat AI-driven guidance for the coming year. Friday&#8217;s rally propelled the chipmaker into the exclusive $1 trillion market-cap club, making it the eighth-largest publicly traded company.</li>
</ul>
<ul>
<li>Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) was 1.07% up after Wedbush&#8217;s Dan Ives hiked its price target citing AI and autonomous opportunity worth $1 trillion.</li>
</ul>
<ul>
<li>Amplitech Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMPG#NASDAQ">AMPG</a>) advanced 4.76% in premarket after it announced the sale of 1,352,500 shares of its common stock at $1.60 per share, totaling to price of $2.2 million.</li>
</ul>
<ul>
<li>Checkpoint Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CKPT#NASDAQ">CKPT</a>) was up 11.44% after the U.S. Food and Drug Administration approved UnloxcyT for the treatment of adults with metastatic cutaneous squamous cell carcinoma.</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures were declining in the early New York session by 1.43% to hover around $70.27 per barrel.
The gold spot index rose by 0.08% to $2,677.91 per ounce. The Dollar Index was down 0.09% to 106.912 level.
Asian markets declined on Monday including Australia&#8217;s ASX 200, Hong Kong&#8217;s Hang Seng, China&#8217;s CSI 300, Japan&#8217;s Nikkei 225, India&#8217;s S&amp;P BSE Sensex, and South Korea&#8217;s Kospi Index. Most European markets also fell except Spain&#8217;s IBEX 35.
<ul>
<li>Read Next: <a href="https://www.benzinga.com/24/12/42503379/balaji-srinivasan-contrasts-ais-reputation-as-making-it-easy-to-fake-things-with-cryptos-tamper-proof-technology">Former Coinbase Tech Chief Contrasts AI&#8217;s Reputation As Making It Easy To Fake Things With Crypto&#8217;s Tamper-Proof Technology</a></li>
</ul>
Image Via Shutterstock

Macro Economic Events

Market Summary

Economics

Federal Reserve

General

AMPG

CKPT

US Stocks To Open Higher Ahead Of Fed's Decision This Week: Analyst Says 'Santa Comes Later In December'

These eleven large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol>
<li>MongoDB, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) stock dipped 22.19% after the company reported third-quarter results and analysts <a href="https://www.benzinga.com//node/42421831" target="_blank" rel="noreferrer noopener">revised the price forecast</a>.</li>
<li>Applovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) shares dived 19.19%.</li>
<li>CAVA Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>) shares fell 17.78%. A director <a href="https://www.benzinga.com/quote/cava/analyst-ratings" target="_blank" rel="noreferrer noopener">recently disclosed share sales</a>.</li>
<li>Super Micro Computer, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) stock plummeted 17.03% despite CEO Charles Liang&#8217;s reassurances that the company&#8217;s stock <a href="https://www.benzinga.com//node/42432508" target="_blank" rel="noreferrer noopener">would not be delisted from Nasdaq</a>.</li>
<li>FTAI Aviation Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>) shares decreased 16.16%.</li>
<li>Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) declined 15.78% after the company reported fourth-quarter financial results and issued worse-than-expected FY25 guidance. Several <a href="https://www.benzinga.com//node/42465629" target="_blank" rel="noreferrer noopener">analysts revised the price forecast</a> on the stock.</li>
<li>Ferguson Enterprises Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FERG#NYSE">FERG</a>) stock fell 13.57% after the company reported <a href="https://www.benzinga.com//node/42415051" target="_blank" rel="noreferrer noopener">worse-than-expected financial results</a>. Several <a href="https://www.benzinga.com/quote/ferg/analyst-ratings" target="_blank" rel="noreferrer noopener">analysts revised the price forecast</a>.</li>
<li>Toll Brothers, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) fell 13.14% after reporting <a href="https://www.benzinga.com//node/42418066" target="_blank" rel="noreferrer noopener">fourth-quarter results</a>. Several analysts <a href="https://www.benzinga.com/quote/tol/analyst-ratings" target="_blank" rel="noreferrer noopener">revised the price forecast</a> on the stock.</li>
<li>BeiGene, Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGNE#NASDAQ">BGNE</a>) shares were down 12.78%. The company secures global licensing agreement for novel MAT2A Inhibitor SYH2039 <a href="https://www.benzinga.com//node/42475817" target="_blank" rel="noreferrer noopener">to target MTAP-Deleted solid tumors</a>.</li>
<li>Omnicom Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMC#NYSE">OMC</a>) shares declined 12.67%. The company <a href="https://www.benzinga.com//node/42392555" target="_blank" rel="noreferrer noopener">agreed to acquire</a> Interpublic Group of Companies, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPG#NYSE">IPG</a>) for $13 billion.</li>
<li>Nucor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) stock fell 12.15% last week after UBS <a href="https://www.benzinga.com//node/42487192" target="_blank" rel="noreferrer noopener">downgraded the stock</a> from Buy to Neutral and lowered its price forecast from $171 to $156.</li>
</ol>
Image via Shutterstock

Large Cap

ADBE

BGNE

CAVA

FERG

FTAI

Super Micro Computer, Adobe And Nucor Are Among Top Large Cap Losers Last Week (December 9-13): Are The Others In Your Portfolio?

The much-awaited reconstitution of the Nasdaq 100 index has taken place, resulting in the addition of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) proxy MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), and Axon Enterprise Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>).
This change will take effect before the market opens on Dec. 23, 2024.
What Happened:&nbsp;Nasdaq&nbsp;announced on Saturday the results of its&nbsp;annual reconstitution of the Nasdaq-100&nbsp;Index.
The Nasdaq-100 Index, a benchmark for non-financial companies on the Nasdaq, was launched in January 1985. It serves as a basis for financial products like&nbsp;options, futures, and funds.
The&nbsp;annual reconstitution aligns&nbsp;with the quadruple witch expiration&nbsp;Friday of the quarter, a strategic timing for the index.
See Also:&nbsp;<a href="https://www.benzinga.com/24/12/42477447/dogecoins-fate-tied-to-bitcoin-not-worth-overly-focusing-on-analyst-says-as-apex-memecoin-mirrors-btcs-pullback?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Dogecoin&#8217;s Fate Tied To Bitcoin, Says Crypto Analyst: &#8216;Sit Back And Wait&#8217;</a>
As a result of this reconstitution,&nbsp;three companies will be removed&nbsp;from the index:&nbsp;Illumina, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>),&nbsp;Super Micro Computer, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), and&nbsp;Moderna, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>).
The Nasdaq-100 Index is integral to the Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which seeks to mirror the index&#8217;s performance. Options, futures, and structured products based on the Nasdaq-100 Index and the Invesco QQQ Trust are traded on various exchanges.
Why It Matters: The inclusion of&nbsp;MicroStrategy&nbsp;in the Nasdaq-100 could significantly boost its visibility and attract fresh inflows from major ETFs like QQQ.
Analysts at Bernstein have suggested that this move, combined with MicroStrategy&#8217;s aggressive&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42433049/microstrategy-nasdaq-100-inclusion-on-the-horizon-could-spell-59-upside-says-bernstein">Bitcoin acquisition strategy</a>, could lead to a 59% upside for the company, with a target price of $600.
Meanwhile,&nbsp;Palantir&nbsp;is positioned to become &#8220;the next Oracle&#8221; in 2025, according to Wedbush Securities' Dan Ives. The company&#8217;s AI platform is seen as a transformative force in enterprise operations, with significant results already demonstrated through its Warp Speed manufacturing operating system.
This development could further enhance Palantir&#8217;s standing in both government and commercial sectors, as highlighted in Ives&#8217;&nbsp;<a href="https://www.benzinga.com/24/12/42453057/palantir-positioned-to-become-the-next-oracle-in-2025-says-dan-ives-messi-of-ai-set-for-breakout-year">annual sector outlook</a>.
On the other hand,&nbsp;Super Micro Computer&nbsp;finds itself removed from the index, despite benefiting from the surging demand for AI infrastructure. The company faced challenges due to a <a href="https://www.benzinga.com/24/12/42445956/smci-teeters-on-edge-of-nasdaq-100-is-friday-d-day-for-super-micro">recent auditing scandal</a>, which significantly impacted its market capitalization.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/movers/24/12/42452955/shiba-inu-poised-for-180-upside-says-analyst-hodlers-keep-selling?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Shiba Inu Poised For 180% Upside, Says Analyst — HODLers Keep Selling</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

$BTC

MicroStrategy, Palantir, Axon Added To Nasdaq 100: Super Micro Computer, Moderna, Illumina Exit The Index

Super Micro Computer shares are trading lower following reports suggesting the company tapped Evercore to raise capital and is considering raising equity and debt.

Super Micro Computer Is Said To Tap Evercore To Raise Capital; Super Micro Is Said To Consider Raising Equity And Debt

Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) skyrocketed more than 20% during Friday morning trading, hitting all-time highs after its fiscal fourth-quarter earnings blew <a href="https://www.benzinga.com/24/12/42480891/broadcom-reports-four-fold-increase-in-ai-chips-revenue-expects-continued-momentum-boasts-of-cost-reduction-in-vmware-after-acquisition-heres-what-happened">past Wall Street estimates. </a>
The semiconductor giant's growth narrative is now turbocharged by a massive artificial intelligence (AI) opportunity, with analysts projecting a multibillion-dollar windfall in the years ahead.
The stock&#8217;s surge catapulted Broadcom into the exclusive trillion-dollar market cap club, placing it as the eighth-largest publicly traded company, just behind Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>). 
For context, the trillion-dollar elite is rarefied territory, shared only by the &#8220;Magnificent Seven&#8221; tech giants. 
<h2 class="wp-block-heading">Is Broadcom The Eighth Magnificent Tech Stock?</h2>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>Market Cap</td>
</tr>
<tr>
<td>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)</td>
<td>$ 3.73 trillion</td>
</tr>
<tr>
<td>Microsoft Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>)</td>
<td>$ 3.33 trillion</td>
</tr>
<tr>
<td>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>$ 3.31 trillion</td>
</tr>
<tr>
<td>Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</td>
<td>$ 2.39 trillion</td>
</tr>
<tr>
<td>Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)</td>
<td>$ 2.35 trillion</td>
</tr>
<tr>
<td>Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)</td>
<td>$ 1.57 trillion</td>
</tr>
<tr>
<td>Tesla, Inc.</td>
<td>$ 1.37 trillion</td>
</tr>
<tr>
<td>Broadcom Inc.</td>
<td>$ 1.02 trillion</td>
</tr>
</tbody>
</table>
</figure>
<h2 class="wp-block-heading">December To Remember: Broadcom Eyes Record Month Since IPO</h2>
With Friday&#8217;s spike, Broadcom's stock has already rallied 33% in December, marking its strongest monthly performance since going public in 2009. 
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="475" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13112116/image-118-1024x475.png" alt="" class="wp-image-691759" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13112116/image-118-1024x475.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13112116/image-118-300x139.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13112116/image-118-768x356.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13112116/image-118-1536x713.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/13112116/image-118.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
The semiconductor heavyweight has now climbed an impressive 95% year-to-date, securing the title of the 10th-best-performing stock in the S&amp;P 500 for 2024 thus far.
When considering combined returns for 2023 and 2024, Broadcom ranks seventh in the benchmark index. 
Read Also: <a href="https://www.benzinga.com/24/12/42484676/nvidia-amd-taiwan-semi-and-other-chip-stocks-gain-as-broadcoms-q4-sparks-sector-wide-surge">Nvidia, AMD, Taiwan Semi Gain As Broadcom&#8217;s Q4 Performance Sparks Sector-Wide Surge</a>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Name</th>
<th>Price Chg. % (YTD 2024)</th>
<th>Total Return (2023)</th>
<th>Combined Gains</th>
</tr>
</thead>
<tbody>
<tr>
<td>Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>)</td>
<td>325.31%</td>
<td>167.45%</td>
<td>1,112.89%</td>
</tr>
<tr>
<td>NVIDIA Corporation</td>
<td>173.24%</td>
<td>239.02%</td>
<td>639.72%</td>
</tr>
<tr>
<td>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>)</td>
<td>279.37%</td>
<td>70.73%</td>
<td>508.67%</td>
</tr>
<tr>
<td>Meta Platforms, Inc.</td>
<td>75.99%</td>
<td>194.13%</td>
<td>341.37%</td>
</tr>
<tr>
<td>Royal Caribbean Cruises Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>)</td>
<td>88.63%</td>
<td>161.97%</td>
<td>371.64%</td>
</tr>
<tr>
<td>Super Micro Computer, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NYSE">SMCI</a>)</td>
<td>26.46%</td>
<td>246.24%</td>
<td>324.29%</td>
</tr>
<tr>
<td>Broadcom Inc. </td>
<td>94.99%</td>
<td>104.18%</td>
<td>296.19%</td>
</tr>
<tr>
<td>Axon Enterprise, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>)</td>
<td>147.91%</td>
<td>55.69%</td>
<td>289.91%</td>
</tr>
<tr>
<td>Fair Isaac Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FICO#NYSE">FICO</a>)</td>
<td>88.05%</td>
<td>94.46%</td>
<td>292.80%</td>
</tr>
<tr>
<td>Arista Networks Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>)</td>
<td>87.89%</td>
<td>94.07%</td>
<td>291.65%</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">Why Analysts Love Broadcom</h3>
Bank of America&#8217;s analyst Vivek Arya reiterated a &#8220;Buy&#8221; rating on Broadcom following the quarterly report, boosting the 12-month price target from $215 to $250 and hinting at a potential 15% upside from current levels.
Arya&#8217;s optimism stems from three main drivers:
<ol>
<li>AI&#8217;s Expanding Footprint: Broadcom&#8217;s custom AI chips (ASICs) now serve five major customers, up from three previously. The company's AI-related revenue could soar to a served available market of $60–$90 billion by 2027—up from an estimated $15–$20 billion in 2023.</li>
<li>Apple's Steady Demand: Broadcom is expected to maintain its strong relationship with Apple, despite prior concerns about declining content orders.</li>
<li>Robust Earnings Growth: Analysts forecast a 15% sales growth and a 20% adjusted earnings-per-share (EPS) growth trajectory through 2026, underpinned by Broadcom&#8217;s diversified portfolio spanning silicon and infrastructure software.</li>
</ol>
"Broadcom's AI-driven growth potential and diversified base position it as one of the best opportunities in the chip sector," Arya said in a note, justifying their upward revision of earnings per share in fiscal year 2025 and 2026 by 5% and 3%, respectively.
Read now: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42487128/apples-2025-chip-transition-targets-new-wireless-edge-broadcom-to-retain-key-role">Apple&#8217;s 2025 Chip Transition Targets New Wireless Edge, Broadcom To Retain Key Role</a></li>
</ul>
Illustration was created using Shutterstock photos.

Analyst Color

ANET

FICO

GOOG

GOOGL

MSFT

Broadcom Hits $1 Trillion Milestone: The Next Magnificent Tech Giant?

Ritholtz Wealth Management&#8217;s Josh Brown created a new index that tracks the most popular stocks in some of the <a href="https://www.benzinga.com/insights/options/24/12/42465585/spotlight-on-soundhound-ai-analyzing-the-surge-in-options-activity">hottest themes of the market</a>.
What To Know: Last Tuesday on "<a href="https://podcasts.apple.com/us/podcast/the-compound-and-friends/id1456467014?i=1000679133042" target="_blank" rel="noreferrer noopener">The Compound &amp; Friends</a>" podcast, Brown set the stage for unveiling the &#8220;Degen Dow.&#8221;
&#8220;I think that if we were to make a list of the biggest themes of 2024, one of those themes would have been degeneracy,&#8221; Brown said. 
It&#8217;s tough to say precisely how the word &#8220;degen&#8221; came to be, but some believe it originates from the term &#8220;degenerate gambler&#8221; in sports betting and gambling culture, <a href="https://www.wsj.com/finance/stocks/degen-stock-crypto-trading-market-trend-69d12a56">according</a> to The Wall Street Journal.
It&#8217;s also used by crypto traders and meme-stock traders who often make risky short-term bets based on momentum and steer clear of traditional ways of assessing investments. 
Brown put together a list of the top stocks used as trading vehicles by &#8220;degen&#8221; traders using platforms such as Robinhood, Stocktwits and Reddit&#8217;s <a href="https://www.benzinga.com/topic/wallstreetbets">WallStreetBets</a>. The list includes high beta Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)-related names, gaming and gambling companies, AI names, space theme plays, Cathie Wood favorites and president-elect Donald Trump-related stocks.
&#8220;All the major degen food groups are represented,&#8221; Brown said. 
Here&#8217;s a look at all of the stocks that made it into the &#8220;Degen Dow.&#8221;
<ul>
<li>Archer Aviation Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>)</li>
</ul>
<ul>
<li>AMC Entertainment Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>)</li>
</ul>
<ul>
<li>Applovin Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>)</li>
</ul>
<ul>
<li>Coinbase Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>)</li>
</ul>
<ul>
<li>Carvana Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>)</li>
</ul>
<ul>
<li>Trump Media &amp; Technology Group Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>)</li>
</ul>
<ul>
<li>DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>)</li>
</ul>
<ul>
<li>Flutter Entertainment Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLUT#NYSE">FLUT</a>)</li>
</ul>
<ul>
<li>Geo Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>)</li>
</ul>
<ul>
<li>GameStop Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>)</li>
</ul>
<ul>
<li>Hims &amp; Hers Health, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NYSE">HIMS</a>)</li>
</ul>
<ul>
<li>Robinhood Markets, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>)</li>
</ul>
<ul>
<li>Lucid Group, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>)</li>
</ul>
<ul>
<li>MARA Holdings, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>)</li>
</ul>
<ul>
<li>MicroStrategy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>)</li>
</ul>
<ul>
<li>NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</li>
</ul>
<ul>
<li>PagerDuty, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PD#NYSE">PD</a>)</li>
</ul>
<ul>
<li>Palantir Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>)</li>
</ul>
<ul>
<li>Roblox Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>)</li>
</ul>
<ul>
<li>Reddit, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>)</li>
</ul>
<ul>
<li>Riot Platforms, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>)</li>
</ul>
<ul>
<li>Rivian Automotive, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>)</li>
</ul>
<ul>
<li>Rocket Lab USA, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>)</li>
</ul>
<ul>
<li>Rumble Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>)</li>
</ul>
<ul>
<li>Super Micro Computer Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>)</li>
</ul>
<ul>
<li>SoFi Technologies, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>)</li>
</ul>
<ul>
<li>SoundHound AI, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>)</li>
</ul>
<ul>
<li>Tesla, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</li>
</ul>
<ul>
<li>Unity Software Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>)</li>
</ul>
<ul>
<li>Vistra Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>)</li>
</ul>
Why It Matters: Brown equal-weighted the basket of stocks in the index to track performance. The index actually declined more than 80% from the highs in late 2021, but it has formed a base and appears to be breaking out to the upside with gains of nearly 50% since the start of the year. 
&#8220;Look how it&#8217;s like turning up &#8230; this thing is ripping into year-end,&#8221; Brown said, to which his co-host Michael Batnick replied, &#8220;I want to get long.&#8221;
Brown noted Nvidia and Reddit are the only two names on the list he currently owns.
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Josh Brown Unveils The 'Degen Dow,' A Basket Of 30 Retail Darlings Spanning All 'Major Degen Food Groups'

Investors with a lot of money to spend have taken a bullish stance on Super Micro Computer (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with SMCI, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 39 uncommon options trades for Super Micro Computer.
This isn't normal.
The overall sentiment of these big-money traders is split between 43% bullish and 38%, bearish.
Out of all of the special options we uncovered, 12 are puts, for a total amount of $783,225, and 27 are calls, for a total amount of $2,273,532.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $24.0 to $75.0 for Super Micro Computer during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Super Micro Computer's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Super Micro Computer's whale activity within a strike price range from $24.0 to $75.0 in the last 30 days. 
<h3>Super Micro Computer 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734027422_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$4.25</td>
<td>$4.2</td>
<td>$4.2</td>
<td>$50.00</td>
<td>$417.0K</td>
<td>16.7K</td>
<td>46</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/10/25</td>
<td>$1.68</td>
<td>$1.63</td>
<td>$1.68</td>
<td>$50.00</td>
<td>$251.7K</td>
<td>1.3K</td>
<td>4.2K</td>
</tr>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>05/16/25</td>
<td>$12.05</td>
<td>$11.95</td>
<td>$12.0</td>
<td>$42.00</td>
<td>$240.0K</td>
<td>180</td>
<td>201</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.17</td>
<td>$2.13</td>
<td>$2.17</td>
<td>$50.00</td>
<td>$217.1K</td>
<td>32.1K</td>
<td>1.4K</td>
</tr>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$3.5</td>
<td>$3.4</td>
<td>$3.4</td>
<td>$35.00</td>
<td>$144.8K</td>
<td>16.9K</td>
<td>79</td>
</tr>
</tbody>
</table>

<h3>About Super Micro Computer</h3>
Super Micro Computer Inc provides high-performance server technology services to cloud computing, data center, Big Data, high-performance computing, and "Internet of Things" embedded markets. Its solutions include server, storage, blade and workstations to full racks, networking devices, and server management software. The firm follows a modular architectural approach, which provides flexibility to deliver customized solutions. The Company operates in one operating segment that develops and provides high-performance server solutions based upon an innovative, modular and open-standard architecture. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.
After a thorough review of the options trading surrounding Super Micro Computer, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Super Micro Computer's Current Market Status</h3>
<ul>
<li>With a trading volume of 28,699,566, the price of SMCI is down by -0.8%, reaching $37.98.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 12 days from now.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Super Micro Computer, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Market Whales and Their Recent Bets on SMCI Options

Super Micro Computer Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) shares have surged 17% to $38.30 in the month of December following the results of an internal investigation by its Special Committee. The probe, conducted with legal and forensic experts, found <a href="https://www.benzinga.com/24/12/42290180/cleared-of-fraud-but-super-micros-visibility-into-compliance-remains-low-says-analyst">no evidence</a> of misconduct or fraud by management or the board.
The review examined areas like rehiring practices, revenue recognition and export controls, uncovering governance gaps. In response, the board approved key reforms, including appointing a new CFO to succeed David Weigand and hiring a chief compliance officer, general counsel, and chief accounting officer.
Super Micro also pledged to enhance training and tighten <a href="https://www.benzinga.com/24/12/42284776/super-micro-shares-rise-over-7-in-premarket-after-independent-special-committee-found-no-evidence-of-misconduct-but-top-investment-bank-flags-two-key-points-to-watch">financial controls</a> to restore investor confidence. These measures aim to address lingering concerns despite the investigation's reassuring findings.
Read Also: <a href="https://www.benzinga.com/news/treasuries/24/12/42460477/producer-inflation-rises-more-than-expected-to-3-in-november-cast-shadow-on-further-disinflation-progress">Producer Inflation Rises More Than Expected To 3% In November: All Eyes On The Fed&#8217;s Interest Rate Call</a>
What Else: JPMorgan maintained its <a href="https://www.benzinga.com/24/12/42460199/jpmorgan-reiterates-underweight-rating-on-supermicro-maintains-the-lowest-target-price-among-the-17-tracked-analysts">Underweight rating</a> on SMCI with a $23 price target, citing stable customer demand. Super Micro reassured investors that its customer base remains solid, with no major order shifts.
The company is preparing for new product launches and expects its Malaysian plant to ramp up production in early 2025, supporting quarterly revenues of $5.5–$6 billion.
However, challenges persist. A recent governance issue flagged by Ernst &amp; Young led to the auditor's resignation, raising concerns about Super Micro's compliance and contributing to its marked market cap plunge. SMCI may also be at risk of Nasdaq 100 exclusion during <a href="https://www.benzinga.com/24/12/42445956/smci-teeters-on-edge-of-nasdaq-100-is-friday-d-day-for-super-micro">December's reshuffle</a>.
Read Also: <a href="https://www.benzinga.com/24/12/42445956/smci-teeters-on-edge-of-nasdaq-100-is-friday-d-day-for-super-micro">Super Micro Computer Teeters On Edge Of Nasdaq 100: Can xAI, Nvidia Help Stabilize Trajectory?</a>
<h2 class="wp-block-heading">How To Buy SMCI Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Super Micro Computer&#8217;s case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, SMCI has a 52-week high of $122.90 and a 52-week low of $17.25.

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