Super Micro Computer Inc. (SMCI) experienced a significant drop, ending its nine-day winning streak and sparking widespread discussion among investors and analysts. The company's stock plunged 20%, marking its worst day in over six months after a stunning rally, with a notable decrease of 200 dollars in its stock price. This decline was attributed to various factors, including past accounting issues being brought up, insider selling at around $740, and a general loss of interest from investors as indicated by the lowest past hour volume in the past week. Despite this, some see it as a buying opportunity, suggesting a potential retest of highs or new highs before a real crash. Meanwhile, Nvidia (NVDA) remains a focal point in the market, with its earnings report highly anticipated next week. Nvidia's market cap has significantly increased, adding around $550 billion in market cap year-to-date, and it has now surpassed Google in market cap. The AI and semiconductor sectors are closely watched, with significant investments being negotiated in the Middle East and a notable decrease in mentions of AI on earnings calls, down sharply from ~750 mentions in Q3 2023 and ~500 mentions in Q4 2023 to ~200 mentions in Q1 2024. Additionally, the market will be closed on Monday for Presidents Day.
NVIDIA $NVDA EARNINGS ARE HERE ... GET READY FOR A CRAZY WEEK AHEAD IN THE STOCK MARKET Here's a catalyst watch to help you get preparedβ¬οΈ
Wall Street trading is closed tomorrow in observance for President's Day https://t.co/5IxMA7Vo9O
AI is advancing incredibly fast and the only thing slowing it down is not enough chips. $nvda $msft $amc $smci $qqq https://t.co/ipscoMksnQ
Stock-Split Watch: 3 Artificial Intelligence (AI) Stocks Ready for a Stock Split $SMCI $NVDA $META A lot of names getting unaffordable for retail to buy full shares or options https://t.co/HcxpiBfcAo
Key Events This Week: 1. Presidents Day, Markets Closed - Monday 2. Fed Meeting Minutes - Wednesday 3. S&P Global Services PMI data - Thursday 4. Existing Home Sales data - Thursday 5. Total of 5 Fed speaker events this week 6. ~15% of S&P 500 companies report earningsβ¦
Earnings playbook: Your guide to a busy week of reports, including Nvidia https://t.co/31Pz688cDB
China's chip sales increased 19.4% YoY and 4.7% MoM to more than $15.1B in December, the fastest growing region globally to end 2023. China accounted for more than 31% of global chip sales in the month. $NVDA $AMD $INTC $QCOM $ARM $AVGO
πΊπΈEARNINGS THIS WEEK: -NVIDIA -WALMART -HOME DEPOT -BLOCK -ETSY -PALO ALTO NETWORKS -ANALOG DEVICES -MODERNA -RIVIAN AUTOMOTIVE -LUCID MOTORS -NIKOLA https://t.co/91wUWcdIbS π $DIA $SPY $QQQ https://t.co/bKkIPiui1i
The NASDAQ's Rally May Hinge On Nvidia's Results https://t.co/B6lLOtvLoD $nvda $ndx #NASDAQ100
"Hedge funds reap big gains after ramping up bets on Nvidia" (FT) Big $NVDA holders listed include Arrowstreet, Renaissance Technologies, Rokos, Coatue, D1, Tiger Global and Bridgewater https://t.co/vK3xOqQSxy
CEO of $SMCI describing differentiation and strategyβ¦the day of the stockβs 20pct decline https://t.co/a239SVQ7pp
Hedge funds reap big gains after ramping up bets on Nvidia https://t.co/Gg3jfoI1wb
Nvidia and Jensen Huang will rock markets this week https://t.co/GLXl66Fu5y
Today: Super Micro Computer, Inc. (NASDAQ:SMCI) Shares Could Be 33% Below Their Intrinsic Value Estimate More if you consider all the shorts who entered Friday to fuel more squeeze https://t.co/lw2d8PvQP0 $smci $nvda $spy $qqq
Mother of All Bubbles Episode 5 Brought to you buy S&P 500 CEOs and CFOs. Check out the incidence rate of the word AI on earnings calls. How many of these firms are actually generating earnings via AI as opposed to spending on AI? https://t.co/53dSJ9TmI3 https://t.co/F3S3C0uxFG
Mother of All Bubbles Episode 5 Brought to you buy S&P 500 CEOs and CFOs. Check out the incidence rate of the word AI on earnings calls. How many of these firms are actually generating earnings as opposed to spending on AI? https://t.co/ht4kowEhx4 https://t.co/F3S3C0v5ve
Global chip sales are expected to reach $1 trillion by 2030, nearly doubling from almost $528 billion in 2023. $NVDA $AMD $AVGO $MU $INTC
Earnings this week. So many good ones. $NVDA $WING $WMT $ETSY $SQ $CVNA https://t.co/jQD2k4ekbY
When business leaders mentioned AI on 2021 earnings calls, their share prices were 40% more likely to increase. Source: @accenture
Earnings to review next week: Wed 21Feb24: $NVDA $DOCN Thu 22Feb24: $MELI $NU $SQ $OLED $STAA $FVRR What are you particularly looking forward to? https://t.co/MQm3DVQUht
Insane stat: NvidiaβsΒ rise in market capΒ since just the start of the year is larger than 488 of largest companies in S&P 500 via @GoldmanSachs
Suddenly everyone wanted $SMCI puts and nothing to do with calls .. https://t.co/0JzQRtKhVb
Nvidia's $NVDA market cap every February since going public 1999: $1.2B 2000: $3.5B 2001: $7B 2002: $9B 2003: $1.5B 2004: $3.8B 2005: $4B 2006: $7.5B 2007: $12B 2008: $13B 2009: $5B 2010: $9.5B 2011: $14B 2012: $10B 2013: $7.8B 2014: $10B 2015: $12B 2016: $14B 2017: $65B 2018:β¦
$NVDA going for a blow off top? Might see $1000 this week. https://t.co/DtPn5OsLur
Nvidiaβs Nano-X Stake Is From a 2021 Biotech Deal, Not Direct Buy. $NNOX $NVDA Nano-X shares doubled over two days, adding ~$400M in market value. $XBI https://t.co/KWcJ22ic05
Earnings season continues! What are you watching this week? β’ Tuesday: $HD, $PANW, $TDOC, $WMT. β’ Wednesday: $ADI, $ETSY, $GBLE, $NVDA. β’ Thursday: $INTU, $MELI, $NU, $SQ. β’ Friday: $DCBO, $WBD. https://t.co/fxAvZYB9fL
From the @axios Markets Weekend by @felixsalmon. #markets #nvidia #investing #investors @intel @nvidia https://t.co/rgcGVwaw7i
$SMCI many folks think this is a dip that will get bought. https://t.co/zZIedBUBNm
$NVDA next week. Not too concerned personally since I have a huge cushion but interesting for the #AI theme overall. https://t.co/PkfWYblp9f
Q4 disclosure filings showed hedge funds gravitated to $NVDA, the dominant AI chipmaker. Bridgewater Associates, the worldβs biggest hedge fund firm, increased its stake in Nvidia by 458% as it added more than 220,000 shares. https://t.co/AsYugVxb54
Next week we get $NVDA earnings, Fed minutes and we will be subjected to yet another parade of Fed speakers sharing their views. Are you ready? π
π Excited for the week ahead with $NVDA gearing up for earnings on Wednesday after market close! π Keeping a close eye on some key levels for potential moves.πΌπ‘ #NVDA #earnings #trading #stockmarket https://t.co/e91OSY5LxH
A classic chart for weekend viewing. Epic trendline the #NASDAQ100 is coming into, considering next week is $NVDA earnings. https://t.co/tXXNkLs3fw
$SMCI entered 2024 with a 13.5B market cap. Yesterday peak to trough, it lost 13.5B in market cap. Ponder that. Wild.
$SMCI CEO & CFO have a long weekend to figure out whether they want to be a $20 bln company or $100 bln company (and perhaps take everything down with it). Blood in the water & bears salivating. Immediate stock split needed to make stock & options affordable to retail. Also, aβ¦
Hereβs a look at the stocks that reported earnings this week with their quarterly YoY revenue growth rates, estimates for next quarter revenue growth and the % above consensus: $COIN $HUBS $DDOG $AMAT $SHOP $TWLO $ABNB $MNDY $DASH $CSCO $ANET $EQIX $DKNG $LSCC @ycharts https://t.co/dBTINzhavU
High-flyer Super Micro shares hit record, then sink 20% https://t.co/iT67sobMQQ https://t.co/2ehSPvbDNX
Traders who bought SMCI at 1050 this week π https://t.co/Ga6auqDmT9
"no guarantees in life or investing...except buying $SMCI right here, right now" - CVC Research, Nov, 2018 @ $14 βΊοΈ https://t.co/32ZIbolWEp
I bought the $smci dip hard at 820. Bulls were getting too greedy now bears getting too greedy. Nothing goes straight down. Retest of highs or even new highs likely before real crash. $NVDA bear could send it to 2000.
Chinaβs chipmakers including SMIC are expecting to make next-gen smartphone chips this year, with SMIC planning to use its inventory of US and Dutch-made chipmaking equipment to produce 5nm chips sometime this year. $ASML $LRCX $KLAC $AMAT
Even after its drop today, $SMCI still worth more than FDX, LULU, OXY, Hilton, $NSC, SPOT- all amazing American companies.
$SMCI CEO? Mr Liang. Co-founder? Mrs. Chiu Chiu Liu Liang. All I see is Liang, Leung, Liu, Chiu-Chu doing heavy insider selling. Wonβt end well.
$SMCI CEO? Mr Liang. Co-founder? Mrs. Chiu Chiu Liu Liang. Wonβt end well.
$SMCI CEO? Mr Liang. Co-founder? Chiu Chiu Liu Liang. Wonβt end well.
any news on SMCI? Saw the Wells Fargo note but don't see why it's down 20% on that https://t.co/U0PdqR54qw
AI Bubble - GPU Revenue And Valuation Bump The very temporary GPU shortage is causing multiple short-term effects in the market. - Nvidia's valuation has skyrocketed to be higher than Google or Amazon. GPUs are the new oil! - Companies are beginning to sell GPU clusters to⦠https://t.co/Sa8npyn8N6
Many more chip pumps yet to come $nvda $amat $arm $smci https://t.co/9hZaHiHQOv
The chips pumps will continue $intc $nvda $smci https://t.co/iqVlPlKdaR
Puts at the open, sold @ 840, long calls for the bounce & retest of 1000 π $smci https://t.co/vn5nEtgZrq
Wall St Week Ahead High-flying Nvidiaβs earnings could test US stock marketβs AI dreams https://t.co/AketuQab9m https://t.co/fvHD0GM9bf
β οΈ JUST IN: *SUPER MICRO COMPUTER STOCK PLUNGES 20% TO SUFFER WORST DAY IN OVER SIX MONTHS AFTER STUNNING RUN $SMCI https://t.co/0FOIksFvlD
AH rally in $SMCI could be a vicious gap up to squeeze new shorts and zero out puts that didnβt cash out today. Greed goes both ways
-President's Day -Retail earnings -Nvidia earnings -FOMC minutes -Fedspeak Here's what to watch next week https://t.co/FieI4Rg1xI https://t.co/SixNWwIlQL
$SMCI is a cautionary tale: - Never risk more than you are willing to lose. - Be careful buying parabolic moves. - It's best to be early in and early out in bubbles! https://t.co/bQ8UJVsBMX
Prediction for $SMCI next week β retest highs/new highs to wreck new shorts followed by another collapse in 7-10 days that wrecks new longs. Should be a nice bounce to play. Iβm long to 950ish https://t.co/IAGbNrhaLR
NVIDIA is up +44% year-to-date adding around $550 billion in market cap Thatβs over a quarter of cryptoβs total market cap And youβre here arguing crypto has topped. Zoom out The ETF approval solidified crypto is a real asset class and I believe it will grow to at least $10β¦
Key Earnings Reports Before the Open on Tuesday Expeditors Intl $EXPD Fluor $FLR Home Depot $HD KBR $KBR Medtronic $MDT Middleby $MIDD Owens & Minor $OMI Visteon $VC Walmart $WMT For more details, start a trial at https://t.co/H4p1RcpfIn.
Split your mf stock already otherwise enjoy collapse $smci
DUMPED: this $SMCI position at $995 yesterday. So glad it was in a Roth so no capital gains taxes (cost basis was $255). Cheers to the Weekend!! π₯πΎ https://t.co/KRg3oQol1j https://t.co/PEvuTNydT8
Who is SMCI CEO ? Liang. Whoβs $NVDA CEO? Huang. This wonβt end well.
Breathtaking collapse in SMCI today. Very pleased. Down 200 dollars in a day! Pivotal move first in $NVDA Now in $SMCI These moves wonβt go unnoticed and can soon spread to $SPX $QQQ
AI is being mentioned less on earnings calls https://t.co/dD7AuXkadL
$NVDA closed the week out with a doji. Earnings on Wednesday (chart showing yesterday's close, $0.45 difference) https://t.co/IHJzQRB4dQ
Nvidia just surpassed Google in market cap ($1.79 v $1.75T). But it'd be a mistake to count big tech out: The AI race has two major vectors--circuitry (chips) and logic (models). In circuitry, Nvidia has a headstart. But all of big tech is paying attention to both vectors of⦠https://t.co/5MJReulJSB
$NVDA earnings next Wednesday. Implied move is +/- 9.5%. Letβs poll it baby. What do you think will happen Wednesday after hrs?
What an idiot, play stupid games with low float stock like $SMCI with super volatility, a 96 RSI on a front week option with 6.5 hours until expiration and find out. Greedy pig The crazy thing is he was $50 ITM until 10am. What an idiot $smci https://t.co/4jwNN9ZdWe
$SMCI's -20% drop (the largest range candle in its history by dollar size) isn't as shocking as realizing it only wiped out the profits from the last two trading days. Wild.
Calendar for next week $NVDA $PANW $WMT $HD $INTU Rest up! Get my ebook: https://t.co/tsNUMazb2i https://t.co/wXXUs9KULb
*ROKU CLOSES DOWN 24% IN BIGGEST DROP ON RECORD *SUPER MICRO COMPUTER DROPS 20%, SNAPPING 9-DAY WINNING STREAK
NVIDIA's $NVDA market cap has risen $794 billion since the 10/27/23 Q4 low. 12 stocks have seen their market caps rise by $100+ billion since 10/27/23. https://t.co/ke75TKJtu2
$smci break 800 plz
Stock Market Weekly Update That's a wrap! Wild week, 3 day weekend on tap! $NVDA earnings next week.. huge.. $SMCI air finally came out. Thoughts in video enjoy! https://t.co/DG4l8oFoa0
810c 800p both order in at .3 Hopefully both gets filled before close $smci https://t.co/zjC2PfK46S
If youβre the CEO you absolutely have to do a split today $smci https://t.co/MQD6sdGIYc
$SMCI needs to recover 900 to keep the dream alive
Shorting is hard episode #5,762 $SMCI https://t.co/mcvYb7bLwx
BREAKING: Super Micro Computer, $SMCI, sees a 30 point drop in its daily RSI the day after becoming the second stock in history with a 97+ daily RSI. This is the same exact setup that we saw in Gamestop, $GME, on January 27th, 2021. After that day, Gamestop never broke above⦠https://t.co/w9D1GHkDgz https://t.co/J2YOT5D38p
Major Earnings Releases For W/C Monday 19th February 2024 $WMT $HD $NVDA $EBAY $CEG $WBD https://t.co/YvNAZ10S0Y
Large-cap indices are now up more than 22% since 10/27/23 (the Q4 low). The Russell 1,000 has seen an increase in market cap of $9.1 trillion since then. The Tech sector has accounted for $3.2 trillion of that increase.
Market closed Monday for Presidents Day $spy $spx $smci $nvda
Nvidia earnings, Fed minutes on deck next week as Wall Street assesses interest rate outlook https://t.co/egR4GfTgc9
Highest strike for $SMCI calls for the longest time was $1070... Today's high is $1077.
$SMCI 0dte calls too cheap to pass up for real degens
If the $SMCI FOMO bros are right and it hits 1200 tomorrow that is a 50% return from here
Just thinking about how $META spent as much as it did on the metaverse over the past 5+ years... The AI spending wave may have just begun. Its more tangible and involves all of big tech balance sheets. $AMD $NVDA $INTC $ASML $TSM https://t.co/MNnIG4QzNl
β οΈBREAKING: *SUPER MICRO COMPUTER STOCK PLUNGES 20% AFTER RECORD RALLY $SMCI https://t.co/4l9lbkokAn
π€ $SMCI Mania! Let's Talk About the Wildest Stock on Earth! β‘οΈ Visit https://t.co/d4PfYpkcmF for my FREE newsletter https://t.co/mRAhNnaqCC
Goodbye $SMCI .... we barely knew you
Parabolic moves donβt end well $smci https://t.co/dGsJwGr73a
People loved $SMCI at 1,000 so why arenβt they buying at 830
$AMD prediction set for EOD. Looking heavy. https://t.co/RWHiD6bQbu
STATE OF THE MARKET $SMCI https://t.co/gcY4mmC8Yr
At this point $NVDA should announce a stake in $SMCI
Super Micro CEO Sees Market Gains Amid Huge Stock Rally $SMCI Full interview from @technology this morning: https://t.co/mkFA6Zzbkv
Honestly amazed watching $SMCI that $NVDA longs aren't dumping out of fear (right or wrong) which then reflexifies into more dumping.
When a super parabolic stock breaks its parabola the only hope is a very quick recovery for a new high. $SMCI needs a hockey stick to save it imo
$SMCI dip buyers trying to run it back
SMCI IV so jacked my 500 puts are not even up that much
SMCI once in a lifetime buying opportunity right?
super MICRO taking a break. Sellers have emerged. $smci
Collapse of $smci Down massive 200 dollar as new lambs jumped into fray at 1100 while they watched and did nothing at 65, 100, 200, 500! But letβs buy 1100 lol Stock is doubling its expensive they say But letβs buy when it has gone up 2000% as its new bull market
Super Micro is down 19% today, but itβs still handily above my $800 take profits level https://t.co/Pg8E4l3XZ0
Collapse of $smci Down massive 200 dollar as new lambs jumped into fray at 1100 while they watched and did nothing at 65, 10, 200, 500! But letβs buy 1100 lol
$smci in bear territory lol Dropped more than 20% from ath
Early look at the largest stocks that report earnings next week Nvidia $NVDA Walmart $WMT Home Depot $HD Intuit $INTU $HSBC Booking $BKNG Palo Alto $PANW Medtronic $MDT Analog Devices $ADI Mercadolibre $MELI Synopsys $SNPS EOG Resources $EOG $VALE Pioneer Natural $PXD Public⦠https://t.co/fUJfqQpoyd
There were some people who honestly thought $SMCI would go to infinity.
$565M+ raised by AI startups yesterday. Funding in Lambda, Magic, LangChain, Scribe, Monumental, Flower Labs & 5 more that my funding tracker caught. Here's everything you need to know:
US Economic and Earnings Calendar for week of Feb 19, 2024 $WMT $HD $EXPD $PANW $KEYS $TOL $CZR $WING $WIX $NVDA $LCID $RIVN $BROS $ETSY $MRO $PXD $MRNA $INTU $BKNG $CVNA $WBD https://t.co/ZFBAwhFe4p
High-flyer Super Micro Computer shares hit record, then reverse course https://t.co/rfmE9L04HN https://t.co/FRxvcn23uv
HALT IT COME ON TAKE A BREATHER $smci
$SMCI insiders thiught $740 was a good time to cash out apparently https://t.co/6s8C3itTc2
$SMCI insiders were selling and taking profits while they stock ran Would they sell if they thought the stock was undervalued? I'll let you decide that for yourself. https://t.co/IXMWKbHNdw
$SMCI past hour volume the lowest in the past week. Interest is waning.
Theyβre not even buying the dip anymore. Itβs just going sideways. people lost interest. $smci https://t.co/aAQanoKxLh
$SMCI fomo has moved on to $NNOX & $SOUN and positioning for $NVDA ER
$SMCI past accounting issues getting brought up https://t.co/FJvhf1Pj5x
Wall Street just can't get enough of Nvidia https://t.co/1zc4uC6DZJ
Super Micro shares are tanking β dramatic end to 9-session win streak https://t.co/OH40PgWxzv
Why Super Microβs stock is tanking β and about to snap a nine-day win streak https://t.co/5M4G30pgv6
$SPX green. Looks like $SMCI poses no systemic risk $nvda $qqq $vix
While AI stocks are still hot, mentions of AI on earnings calls are down sharply. In Q1 2024 thus far, there have only been ~200 mentions of AI on earnings calls. This is down sharply from the ~750 mentions seen in Q3 2023 and ~500 mentions in Q4 2023. However, it is still up⦠https://t.co/nMuwrLSpvw
Nvidia may shine again when it reports on Wednesday https://t.co/cpvzxTWZsF $NVDA $LYFT
If anyone wonders why there is so much speculation about big investments in #AI and #semiconductors being negotiated in the middle east...perhaps this is a clue. $NVDA bigger than the entire S&P 500 energy sector combined. Semiconductors will eat the world. They already are! https://t.co/c1KMIReRWF
$SMCI can now afford a better CEO