Global X Artificial Intelligence & Technology ETF (AIQ)

Super Micro stock plummeted from its March 8th all-time high of $122.90 as a slew of negative catalysts played out.

The latest expansion plans will help expand the company’s capacity from 5,000 air-cooled or 2,000 liquid-cooled racks per month.

Elon Musk, Senior Advisor to President Donald Trump, expressed concerns on The Joe Rogan Experience about the US being a poorly managed business, AI advancing rapidly, and wealth and power concentrating at the top.

The S&P 500 had a wild session on Friday based in part on some interesting video from The White House.

Most sell-side analysts tempered their opinions by citing the moderation in revenue growth to 26% from 29% in the previous quarter.

Super Micro stock climbed 15.2% on Wednesday before ending at $51.11, shy of last week’s intraday high of $66.44 and the closing high of $60.25.

CEO Thomas Siebel said the company expanded its global distribution network and advanced its leadership in agentic and generative AI.

The company closed 5,000 Agentforce deals since October, more than 3,000 of which were paid.

A Citi analyst noted that Agentforce activity remained robust, but the company had to offer heavy discounts to drive adoption.

The AI server maker’s stock rallied hard in early February, helped by some positive catalysts.

Investors are buzzing about Microsoft's first-of-a-kind quantum chip, drawing increased interest in ETFs with exposure to quantum computing and semiconductors. QTUM, AIQ, and SMH are top options.

A Morgan Stanley strategist said measured Federal Reserve rate cuts could extend the optimism phase while more aggressive easing could tip sentiment to euphoric.

The stock has pulled back about 15% since it hit an all-time closing high on Tuesday, following reports of a U.S. defense spending cut and CEO Alex Karp’s new stock trading plan.

Investors did not take kindly to CEO Alex Karp's new stock trading plan and remained concerned about the impact of a potential defense spending cut on the company.

The most recent uptrend started early this month as investors cheered the company’s second-quarter business update.

On Tuesday morning, the stock broke above its 200-day simple moving average (SMA) for the first time since Aug. 1, 2024.

The company will explain in the webinar its positioning in the market for artificial intelligence-driven Internet of Things technology solutions, security convergence, and big data analytics.

Super Micro stock closed Thursday’s session at the highest level in over two months, adding about 39% so far this year.

Retail investors expect the company’s Feb. 18 live investor webinar and the next earnings release to catalyze the stock.

Super Micro expects 30% of new data centers to adopt its direct-liquid cooling in the next 12 months.

Investors may be keen to get an update on whether Super Micro can meet the Feb. 25 SEC deadline to regain compliance.

Palantir, which ended 2024 as the best-performing S&P 500 stock, has continued its stellar run in the new year.

Super Micro said its latest Nvidia Blackwell-powered solutions, developed through close collaboration with the chipmaker, deliver outstanding computational power.

Super Micro has a Feb. 25 deadline to regain compliance with the Nasdaq listing standards on timely filing of financial statements.