Dumplinggogh personal page - To The Moon

Dumplinggogh

Dumplinggogh

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04:07

$MicroStrategy(MSTR)$ citron research is the cause

11-21 23:08

$MicroStrategy(MSTR)$

11-20 02:25

$Moderna, Inc.(MRNA)$

11-05

There was a time I was a shareholder of a company. Despite years of asking for their annual stay, I wasn't given any and told to pop by the office to view the physical copy. The copy should not be removed from the office. Does this sound right? Years later, they filed for bankruptcy and told every shareholder they're not getting anything back.

Super Micro Needs a New CEO Before Its AI Advantage Erodes

11-20 02:26

$SUPER MICRO COMPUTER INC(SMCI)$

11-12

How did they get relisted and even sky rocket if they're that bad? Is the company manipulating stock prices???

Super Micro Stock Keeps Slipping. A Delisting Deadline Looms

10-29

$MicroStrategy(MSTR)$ to the moon

11-07

He'll probably do something crazy to make it fall again so he can gain more as it rides up later

Sorry, the original content has been removed

08-16

$MicroStrategy(MSTR)$ I'm always curious why a stock doesn't jump as much when favourable news of it are released...thought it's going to fly up to 140+ but nada... Y?

11-14

Those who find bitcoin too expensive buy this instead

MicroStrategy: Overvaluation Gets Dangerous (Rating Downgrade)

11-05

What's gona happen to investors who have their shares

Super Micro Faces Delisting, S&P 500 Removal Amid Auditor Woes

11-08

Telsa is not good enough if its still below 400

Magnificent 7 Stocks Jumped in Morning Trading with Meta Rising Over 2%

11-04

$Travel Plus Leisure Co.(TNL)$ most travel related businesses went above their previous pre-covid peak but why is this still stuck at cov19 levels?

11-02

Nvidia shot up bcoz I let it go. While I was holding it for the 2 or 3 years, it was 99.9% losses.

08-09

Bot this co near 30 in 2021 but it went on a depressing slump at 5+. - for 3 years!!! 😂... Feel like letting it go now that I have a teeny positive.

Palantir to Deploy AI Products on Microsoft Azure for U.S. Government Agencies

11-09

$SUPER MICRO COMPUTER INC(SMCI)$

11-09

Will Telsa outperform it's initial 400 range?

10-12

$Tesla Motors(TSLA)$ who else is played by Elon

10-01

$Alibaba(BABA)$ bot it at 173

09-26

$Tesla Motors(TSLA)$ 350 please

Go to Tiger App to see more news

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fell 19+% in half a day","listText":"It fell 19+% in half a day","text":"It fell 19+% in half a day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373481012084872","repostId":"2485170029","repostType":2,"repost":{"id":"2485170029","pubTimestamp":1732147006,"share":"https://ttm.financial/m/news/2485170029?lang=&edition=fundamental","pubTime":"2024-11-21 07:56","market":"us","language":"en","title":"Why Is MicroStrategy Stock Soaring 10% on Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=2485170029","media":"StockStory","summary":"Shares of business analytics software company MicroStrategy  jumped 15% in the afternoon session after the company announced the pricing of a new private offering of $2.6 billion in convertible senior notes due in 2029. 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MicroStrategy intends to use the net proceeds from the issuance to accelerate its Bitcoin purchases. When examining the relationship between MicroStrategy's stock price and the rising price of Bitcoin, it remains unclear whether the stock influences Bitcoin's improved price momentum or vice versa. However, the market's reaction suggests that optimism remains strong in light of the company's ongoing Bitcoin acquisition strategy.What The Market Is Telling UsMicroStrategy’s shares are extremely volatile and have had 90 moves greater than 5% over the last year. But moves this big are rare even for MicroStrategy and indicate this news significantly impacted the market’s perception of the business. The previous big move we wrote about was 9 days ago when the stock gained 22% on the news that the company added to its Bitcoin position, increasing its overall exposure to the cryptocurrency market amid improving market sentiment fueled by hopes of favorable regulations and policies supporting the crypto industry. MicroStrategy announced it bought 27,200 bitcoins at an average price of $74,463 per bitcoin between October 31, 2024, and November 10, 2024.MicroStrategy is up 606% since the beginning of the year, and at $484.69 per share, has set a new 52-week high. Investors who bought $1,000 worth of MicroStrategy’s shares 5 years ago would now be looking at an investment worth $31,457.Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefitting from the rise of AI, available to you FREE via this link.","news_type":1},"isVote":1,"tweetType":1,"viewCount":22,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373472435917096,"gmtCreate":1732219662379,"gmtModify":1732219667557,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MSTR\">$MicroStrategy(MSTR)$ </a> citron research is the cause&nbsp;","listText":"<a href=\"https://ttm.financial/S/MSTR\">$MicroStrategy(MSTR)$ </a> citron research is the cause&nbsp;","text":"$MicroStrategy(MSTR)$ citron research is the cause","images":[{"img":"https://community-static.tradeup.com/news/6913c8f7a0c287682a91ca4484662d26","width":"882","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":20,"link":"https://ttm.financial/post/373472435917096","isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":373414995095840,"gmtCreate":1732201689626,"gmtModify":1732201693663,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MSTR\">$MicroStrategy(MSTR)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/MSTR\">$MicroStrategy(MSTR)$ </a>&nbsp;","text":"$MicroStrategy(MSTR)$","images":[{"img":"https://community-static.tradeup.com/news/14fc4d046026c38d8c27ad392489a884","width":"882","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/373414995095840","isVote":1,"tweetType":1,"viewCount":863,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"10000000000010968","authorId":"10000000000010968","name":"Tiger_CBA","avatar":"https://community-static.tradeup.com/news/ae2d4002ef9664aba005cb3020f416f5","crmLevel":1,"crmLevelSwitch":0,"idStr":"10000000000010968","authorIdStr":"10000000000010968"},"content":"Investing is about growth over time. Don't let temporary setbacks overshadow the potential for long-term gains. You’re welcome to open a Tiger Cash Boost Account and use contra trading to enhance your strategies. Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.","text":"Investing is about growth over time. Don't let temporary setbacks overshadow the potential for long-term gains. You’re welcome to open a Tiger Cash Boost Account and use contra trading to enhance your strategies. Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.","html":"Investing is about growth over time. Don't let temporary setbacks overshadow the potential for long-term gains. You’re welcome to open a Tiger Cash Boost Account and use contra trading to enhance your strategies. Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":372862098563256,"gmtCreate":1732040762664,"gmtModify":1732040766678,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SMCI\">$SUPER MICRO COMPUTER INC(SMCI)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/SMCI\">$SUPER MICRO COMPUTER INC(SMCI)$ </a>&nbsp;","text":"$SUPER MICRO COMPUTER INC(SMCI)$","images":[{"img":"https://community-static.tradeup.com/news/618cba84b1f140c939e1f7667c9249d8","width":"882","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372862098563256","isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":372728020095208,"gmtCreate":1732040721574,"gmtModify":1732040725391,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MRNA\">$Moderna, Inc.(MRNA)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/MRNA\">$Moderna, Inc.(MRNA)$ </a>&nbsp;","text":"$Moderna, Inc.(MRNA)$","images":[{"img":"https://community-static.tradeup.com/news/da0f3600d82fdf464579d01879d009ae","width":"882","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372728020095208","isVote":1,"tweetType":1,"viewCount":18,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":372387026157904,"gmtCreate":1731954521072,"gmtModify":1731954524833,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372387026157904","repostId":"372423477776480","repostType":1,"repost":{"id":372423477776480,"gmtCreate":1731942653283,"gmtModify":1731944621844,"author":{"id":"10000000000010997","authorId":"10000000000010997","name":"Peter Wells","avatar":"https://static.tigerbbs.com/24939ffb5126640a7373244236d88a77","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"10000000000010997","authorIdStr":"10000000000010997"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://ttm.financial/S/MSTR\">$MicroStrategy(MSTR)$</a> <v-v data-views=\"1\"></v-v> crypto is the future...........BTC is the leader.............MSTR is the most valuable stock in the World imho......51,780 new Bitcoin added in the largest purchase ever! Let that sink in into your brains, those of you still sitting on the sidelines or shorting this stock at the moment. The Bitcoin yield keeps rising, the price keeps pushing higher, the very first Bitcoin-supporting President is only two months away from being inaugurated. Over $40 billion more worth of Bitcoin is to be purchased in the future, and sooner rather than later. The convertible bond offerings are being oversubscribed by 50%. Do you understand the pattern?! Need I say more?","listText":"<a target=\"_blank\" href=\"https://ttm.financial/S/MSTR\">$MicroStrategy(MSTR)$</a> <v-v data-views=\"1\"></v-v> crypto is the future...........BTC is the leader.............MSTR is the most valuable stock in the World imho......51,780 new Bitcoin added in the largest purchase ever! Let that sink in into your brains, those of you still sitting on the sidelines or shorting this stock at the moment. The Bitcoin yield keeps rising, the price keeps pushing higher, the very first Bitcoin-supporting President is only two months away from being inaugurated. Over $40 billion more worth of Bitcoin is to be purchased in the future, and sooner rather than later. The convertible bond offerings are being oversubscribed by 50%. Do you understand the pattern?! Need I say more?","text":"$MicroStrategy(MSTR)$ crypto is the future...........BTC is the leader.............MSTR is the most valuable stock in the World imho......51,780 new Bitcoin added in the largest purchase ever! Let that sink in into your brains, those of you still sitting on the sidelines or shorting this stock at the moment. The Bitcoin yield keeps rising, the price keeps pushing higher, the very first Bitcoin-supporting President is only two months away from being inaugurated. Over $40 billion more worth of Bitcoin is to be purchased in the future, and sooner rather than later. The convertible bond offerings are being oversubscribed by 50%. Do you understand the pattern?! Need I say more?","images":[{"img":"https://community-static.tradeup.com/news/026da45eb396a2a975442be11b8c3ae9","width":"468","height":"257"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372423477776480","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372377759854896,"gmtCreate":1731952258493,"gmtModify":1731952262807,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"Who bought it at 380+","listText":"Who bought it at 380+","text":"Who bought it at 380+","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372377759854896","repostId":"2484670588","repostType":2,"repost":{"id":"2484670588","pubTimestamp":1731946249,"share":"https://ttm.financial/m/news/2484670588?lang=&edition=fundamental","pubTime":"2024-11-19 00:10","market":"us","language":"en","title":"Microstrategy Shares Rise 8.1%; Co Says Acquired About 51,780 Bitcoins for About $4.6 Bln in Cash Between Nov 11 and Nov 17","url":"https://stock-news.laohu8.com/highlight/detail?id=2484670588","media":"THOMSON REUTERS","summary":"Microstrategy Shares Rise 8.1%; Co Says Acquired About 51,780 Bitcoins for About $4.6 Bln in Cash Be","content":"<html><body><p>Microstrategy Shares Rise 8.1%; Co Says Acquired About 51,780 Bitcoins for About $4.6 Bln in Cash Between Nov 11 and Nov 17</p></body></html>","source":"reuters_en_live","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microstrategy Shares Rise 8.1%; Co Says Acquired About 51,780 Bitcoins for About $4.6 Bln in Cash Between Nov 11 and Nov 17</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrostrategy Shares Rise 8.1%; Co Says Acquired About 51,780 Bitcoins for About $4.6 Bln in Cash Between Nov 11 and Nov 17\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-19 00:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241118:nL4N3MP16F:1><strong>THOMSON REUTERS</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microstrategy Shares Rise 8.1%; Co Says Acquired About 51,780 Bitcoins for About $4.6 Bln in Cash Between Nov 11 and Nov 17</p>\n\n<a href=\"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241118:nL4N3MP16F:1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4588":"碎股","BK4596":"哈里斯概念","BK4516":"特朗普概念","BK4023":"应用软件","BK4595":"比特币概念","MSTR":"MicroStrategy"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241118:nL4N3MP16F:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2484670588","content_text":"Microstrategy Shares Rise 8.1%; Co Says Acquired About 51,780 Bitcoins for About $4.6 Bln in Cash Between Nov 11 and Nov 17","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370692831174664,"gmtCreate":1731519250649,"gmtModify":1731519254198,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370692831174664","repostId":"2483077841","repostType":2,"repost":{"id":"2483077841","pubTimestamp":1731495283,"share":"https://ttm.financial/m/news/2483077841?lang=&edition=fundamental","pubTime":"2024-11-13 18:54","market":"us","language":"en","title":"MicroStrategy’s Bitcoin Holdings Reach $24B with Latest Acquisition","url":"https://stock-news.laohu8.com/highlight/detail?id=2483077841","media":"CoinMarketCap","summary":"With this latest purchase, CEO Michael Saylor reaffirms the company's commitment to Bitcoin as its primary reserve asset, a strategy he initiated in 2020 to guard against inflation and currency depreciation.This latest acquisition was funded through sales of company stock, a financing strategy that has allowed MicroStrategy to continue accumulating Bitcoin without depleting its cash reserves. By selling shares, MicroStrategy avoids using debt or impacting its operational cash flow, which allows it to buy Bitcoin without straining its finances.The company’s shares have seen a steady rise since 2020, attributed largely to the rise in Bitcoin’s value and MicroStrategy’s role as a significant corporate Bitcoin holder.Since embracing Bitcoin, MicroStrategy’s stock has outperformed major U.S. equities, even AI-driven tech stocks like Nvidia. MicroStrategy’s MSTRgained 396% year-to-date. The company’s BTC holdings now yield 7.4% this quarter and over 26% for the year.CEO Michael Saylor and Pr","content":"<html><body><p><span><span>MicroStrategy </span></span><span><span><u>announced</u></span></span><span><span> an additional Bitcoin acquisition of 27,200 BTC worth approximately $2.03 billion. With an average purchase price of $74,463 per Bitcoin, the enterprise software company now holds a total of 279,420 BTC worth </span></span><span><span><u>$24.83 billion</u></span></span><span><span>, making it the largest corporate holder of Bitcoin. </span></span></p>\n<p dir=\"ltr\"><span><span>With this latest purchase, CEO Michael Saylor reaffirms the company's commitment to Bitcoin as its primary reserve asset, a strategy he initiated in 2020 to guard against inflation and currency depreciation.</span></span></p>\n<p dir=\"ltr\"><span><span>This latest acquisition was funded through sales of company stock, a financing strategy that has allowed MicroStrategy to continue accumulating Bitcoin without depleting its cash reserves. By selling shares, MicroStrategy avoids using debt or impacting its operational cash flow, which allows it to buy Bitcoin without straining its finances. </span></span></p>\n<p dir=\"ltr\"><span><span>The company’s shares have seen a steady rise since 2020, attributed largely to the rise in Bitcoin’s value and MicroStrategy’s role as a significant corporate Bitcoin holder.</span></span></p>\n<p dir=\"ltr\"><span><span>Since embracing Bitcoin, MicroStrategy’s stock has outperformed major U.S. equities, even AI-driven tech stocks like Nvidia. MicroStrategy’s MSTR </span></span><span><span><u>gained 396%</u></span></span><span><span> year-to-date. The company’s BTC holdings now yield 7.4% this quarter and over 26% for the year.</span></span></p>\n<h2 dir=\"ltr\"><span><span>MicroStrategy’s 21/21 Plan</span></span></h2>\n<p dir=\"ltr\"><span><span>Few weeks before the latest acquisition, MicroStrategy </span></span><span><span><u>launched</u></span></span><span><span> an ambitious plan called the “21/21 Plan,” aiming to raise $42 billion over the next three years to further increase its Bitcoin holdings.  As part of the company's strategy, it plans to raise $21 billion in equity and $21 billion in fixed income securities.</span></span></p>\n<p dir=\"ltr\"><span><span>CEO Michael Saylor and President Phong Le believe the additional capital will serve as a critical asset in reinforcing the company's position in the cryptocurrency space. </span></span></p></body></html>","source":"coinmarketcap_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MicroStrategy’s Bitcoin Holdings Reach $24B with Latest Acquisition</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicroStrategy’s Bitcoin Holdings Reach $24B with Latest Acquisition\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-13 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/6734857631c72e1a2f25d96e/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MicroStrategy announced an additional Bitcoin acquisition of 27,200 BTC worth approximately $2.03 billion. With an average purchase price of $74,463 per Bitcoin, the enterprise software company now ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/6734857631c72e1a2f25d96e/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://academy-public.coinmarketcap.com/srd-optimized-uploads/c50136e1c97c490d8f1f8aaf3beea0ca.jpeg","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念","BK4596":"哈里斯概念","BK4588":"碎股","BK4516":"特朗普概念","MSTR":"MicroStrategy","BK4023":"应用软件","BK4595":"比特币概念"},"source_url":"https://coinmarketcap.com/community/articles/6734857631c72e1a2f25d96e/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2483077841","content_text":"MicroStrategy announced an additional Bitcoin acquisition of 27,200 BTC worth approximately $2.03 billion. With an average purchase price of $74,463 per Bitcoin, the enterprise software company now holds a total of 279,420 BTC worth $24.83 billion, making it the largest corporate holder of Bitcoin. \nWith this latest purchase, CEO Michael Saylor reaffirms the company's commitment to Bitcoin as its primary reserve asset, a strategy he initiated in 2020 to guard against inflation and currency depreciation.\nThis latest acquisition was funded through sales of company stock, a financing strategy that has allowed MicroStrategy to continue accumulating Bitcoin without depleting its cash reserves. By selling shares, MicroStrategy avoids using debt or impacting its operational cash flow, which allows it to buy Bitcoin without straining its finances. \nThe company’s shares have seen a steady rise since 2020, attributed largely to the rise in Bitcoin’s value and MicroStrategy’s role as a significant corporate Bitcoin holder.\nSince embracing Bitcoin, MicroStrategy’s stock has outperformed major U.S. equities, even AI-driven tech stocks like Nvidia. MicroStrategy’s MSTR gained 396% year-to-date. The company’s BTC holdings now yield 7.4% this quarter and over 26% for the year.\nMicroStrategy’s 21/21 Plan\nFew weeks before the latest acquisition, MicroStrategy launched an ambitious plan called the “21/21 Plan,” aiming to raise $42 billion over the next three years to further increase its Bitcoin holdings.  As part of the company's strategy, it plans to raise $21 billion in equity and $21 billion in fixed income securities.\nCEO Michael Saylor and President Phong Le believe the additional capital will serve as a critical asset in reinforcing the company's position in the cryptocurrency space.","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370599481426272,"gmtCreate":1731517517176,"gmtModify":1731517654136,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"Those who find bitcoin too expensive buy this instead&nbsp;","listText":"Those who find bitcoin too expensive buy this instead&nbsp;","text":"Those who find bitcoin too expensive buy this instead","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370599481426272","repostId":"1179955772","repostType":2,"repost":{"id":"1179955772","pubTimestamp":1731476025,"share":"https://ttm.financial/m/news/1179955772?lang=&edition=fundamental","pubTime":"2024-11-13 13:33","market":"us","language":"en","title":"MicroStrategy: Overvaluation Gets Dangerous (Rating Downgrade)","url":"https://stock-news.laohu8.com/highlight/detail?id=1179955772","media":"Seeking Alpha","summary":"SummaryFollowing my prior \"strong buy\" article rating, MicroStrategy's stock surged 86.59% to $351.73 due to strong growth in bitcoin holdings, but I am now downgrading the stock to \"hold.\"Despite pos","content":"<html><head></head><body><h2 id=\"id_2209458438\">Summary</h2><ul style=\"\"><li><p>Following my prior &#34;strong buy&#34; article rating, MicroStrategy&#39;s stock surged 86.59% to $351.73 due to strong growth in bitcoin holdings, but I am now downgrading the stock to &#34;hold.&#34;</p></li><li><p>Despite positive subscription revenue growth, MicroStrategy faces significant headwinds with -$340.2 million in net losses and declining software segment revenues.</p></li><li><p>MSTR&#39;s market cap is significantly overvalued compared to its bitcoin holdings, with a premium near 3x, raising concerns about sustainability.</p></li><li><p>Elevated price-book valuation and deviation from historical averages suggest potential downside, prompting a cautious &#34;hold&#34; rating amidst possible profit-taking in cryptocurrency-exposed stocks.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4acba813b972d5e58d58c540b8447610\" alt=\"Digital wallets and crypto currency concept. Digital money and blockchain technology. Golden bitcoin icon on dark background. Minimalistic setup with copy space\" title=\"Digital wallets and crypto currency concept. Digital money and blockchain technology. Golden bitcoin icon on dark background. Minimalistic setup with copy space\" tg-width=\"750\" tg-height=\"500\"/><span>Digital wallets and crypto currency concept. Digital money and blockchain technology. Golden bitcoin icon on dark background. Minimalistic setup with copy space</span></p><p>When I last covered MicroStrategy Incorporated on October 11th, 2024 with my article &#34;MicroStrategy: Major Breakout Ahead&#34;, I argued that strong growth rates in subscription revenues and widespread gains in global cryptocurrency asset trends suggested that MSTR might be on the verge of a monumental breakout in share prices before the end of the year. In the periods that followed, we have seen major updates with the company reporting quarterly earnings figures that revealed substantial growth in MicroStrategy&#39;s underlying bitcoin holdings and this has helped the stock rally by more than 86.59% to new all-time highs of $351.73 during the November 11th, 2024 trading session.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9f0b5da914db3df99291163257b34c58\" alt=\"MSTR: Massive Gains Follow Previous\" title=\"MSTR: Massive Gains Follow Previous\" tg-width=\"1280\" tg-height=\"568\"/><span>MSTR: Massive Gains Follow Previous</span></p><p>As we can see, these monstrous gains have occurred over what amounts to just a one-month trading period. Unfortunately, when we see these types of gains in such a short period of time, it becomes much more common for investors to begin wondering whether or not major rallies have become over-extended. As widespread profit-taking becomes more and more likely at these elevated levels, I will be reducing by two levels my outlook for this stock (to a &#34;hold&#34; rating from my prior &#34;strong buy&#34; rating).</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/412464a22a1c4bb53471f59dd3207370\" alt=\"MicroStrategy: Q3 2024 Earnings Figures\" title=\"MicroStrategy: Q3 2024 Earnings Figures\" tg-width=\"1280\" tg-height=\"421\"/><span>MicroStrategy: Q3 2024 Earnings Figures</span></p><p>Of course, we must look at some of the factors that led up to these incredible rallies in the first place. During the third-quarter period, MicroStrategy reported YTD cryptocurrency yields of 17.8% and an 11% increase in bitcoin while unveiling what they refer to as the 21-21 Plan, which is a $42 billion strategic capital outline that aims to use equity offerings to raise $21 billion and fixed income assets to raise an additional $21 billion. However, even with this forward-looking planning attempt, MicroStrategy is still facing significant headwinds in its operations, and -$340.2 million in net losses were reported for the period.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/123340f4f33cb95f71c3c4d4b19087fd\" alt=\"MicroStrategy: Q3 2024 Earnings Figures\" title=\"MicroStrategy: Q3 2024 Earnings Figures\" tg-width=\"640\" tg-height=\"325\"/><span>MicroStrategy: Q3 2024 Earnings Figures</span></p><p>One aspect of the business that is often overlooked is MicroStrategy&#39;s software segment, which recorded annualized revenue declines of -10.3% (at $116.1 million). One factor that was positive within this segment was subscription services, which actually saw revenue gains of 32.5% for the quarter. Unfortunately, these conflicting results have made it very clear that MicroStrategy has faced continued obstacles in terms of the company&#39;s ability to navigate between the legacy software business and newer operational directions in the accumulation of cryptocurrencies. Impairment losses tied to cryptocurrency holdings had a significant dragging effect on MicroStrategy&#39;s third-quarter operating expenses, and the company weathered a -$432.6 million operations loss during the period.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d7bcc9f0f297f3b3ed33ad33b86455d6\" alt=\"MicroStrategy: Q3 2024 Earnings Figures\" title=\"MicroStrategy: Q3 2024 Earnings Figures\" tg-width=\"1280\" tg-height=\"688\"/><span>MicroStrategy: Q3 2024 Earnings Figures</span></p><p>However, I believe that these quarterly figures largely miss the more important issue that currently faces MSTR shareholders. Specifically, long positions in MicroStrategy stock have become an incredibly expensive way of gaining exposure to the underlying Bitcoin assets. Toward the end of 2023, MSTR stock valuations were trading much closer to parity when compared to the company&#39;s total cryptocurrency holdings. More recently, MSTR valuations have risen to such extremes that the premium is hovering near record levels (at close to 3x the valuation of the underlying bitcoin holdings). MicroStrategy recently raised $2.03 billion to buy another 27,200 bitcoins, bringing their total holdings to 279,420 total bitcoins. Based on cryptocurrency prices from November 11th, 2024, this brings the value of MicroStrategy&#39;s total bitcoin horde to just over $24.72 billion. Based on market closing prices from the same trading period, the company&#39;s market cap currently stands at $68.9 billion. When we consider the fact that MicroStrategy&#39;s software business is worth roughly $1 billion and the company is currently holding debt levels greater than $4 billion, the prospects for overvaluation start to become glaringly clear.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f30c81d63bf7548fb3aaaa66a4d83e33\" alt=\"MSTR: Comparative Forward Price to Earnings Valuations\" title=\"MSTR: Comparative Forward Price to Earnings Valuations\" tg-width=\"635\" tg-height=\"473\"/><span>MSTR: Comparative Forward Price to Earnings Valuations</span></p><p>In most cases, when I see share price rallies that are as substantial as MicroStrategy&#39;s YTD performance (396.21%), I will do my best to avoid being greedy and simply sell the position. Of course, we can all remember the classic stock market phrase about how &#34;bulls make money, bears make money, and pigs get slaughtered.&#34; However, one factor that has kept me from completely closing my current long position in MSTR is the stock&#39;s relatively attractive forward price-earnings valuation (which currently stands at 23.58x). Interestingly, if we compare this forward price-earnings ratio to other stocks with heavy exposure to the underlying valuations of cryptocurrency assets, we can see that only one stock in this industry grouping has a lower valuation. Specifically, this would be MARA Holdings, Inc. (MARA) at 20.93x. In the other direction, we can see that Riot Platforms, Inc. (RIOT) is currently trading with a forward price-earnings valuation of 47.54x and Coinbase Global, Inc. (COIN) is trading at much more expensive levels (at 61.26x).</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4a08c31c074927a37575817bcb7f97db\" alt=\"MSTR: Comparative Forward Price to Book Valuations\" title=\"MSTR: Comparative Forward Price to Book Valuations\" tg-width=\"635\" tg-height=\"490\"/><span>MSTR: Comparative Forward Price to Book Valuations</span></p><p>Unfortunately, when we shift the perspective a bit, MicroStrategy&#39;s valuation metrics start to look much less favorable. Specifically, MicroStrategy is currently trading with an elevated price-book valuation of 18.25x, which is nearly double the figure that we see with Coinbase (at 9.294x). Other stocks within this peer grouping are trading at much lower valuations. For example, Mara Holdings now has a price-book valuation of 2.788x, while Riot Platforms is trading at even lower levels (at just 1.81x). Additionally, we can also add Bitfarms Ltd. (BITF) for some further context and we can see that this stock is also trading at much less expensive levels (at 2.554x). Given the conflicting signals that are sent by these competing valuation metrics, I think the most reasonable course of action at this stage is to downgrade the stock to a &#34;hold&#34; rating.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/53401563f87e4aa8a0c801f5ce0cfee0\" alt=\"MSTR: Further Evidence of Severe Overvaluation\" title=\"MSTR: Further Evidence of Severe Overvaluation\" tg-width=\"1280\" tg-height=\"569\"/><span>MSTR: Further Evidence of Severe Overvaluation</span></p><p>Looking at the stock from a slightly different perspective, we can also see that MSTR has now deviated quite sharply away from its own historical averages. Specifically, in the daily price chart above, we can see that the stock is currently trading well above the upper Bollinger Band and the entire standard deviation channel on this time frame. Of course, this type of activity in share prices is highly significant because we are not looking at a short-term time frame (such as an hourly price chart). Viewing the stock in terms of simple statistical probabilities, mean reversion strategies would suggest that this type of outlier price action is unlikely to sustain itself for an extended period of time. Overall, this implies that downside pullbacks are becoming increasingly likely, and this is another reason I cannot maintain a &#34;buy&#34; rating for this stock at this moment in time.</p><p>Ultimately, recent rallies in cryptocurrency assets appear to have been propelled in large part by the recent election of Donald Trump as the 47th President of the United States. However, now that the election results have already been tabulated, it seems to me that a sizable portion of this optimism is likely to start dying down relatively soon. If this assertion turns out to be true, I think we could start to see a significant amount of profit-taking activities in stocks with substantial exposure to cryptocurrency assets. In my view, a downside break of support at $262.62 (price lows from November 8th, 2024) might signal an end to MicroStrategy&#39;s recent bullish rally. If we see this occur, I will revisit my current outlook and consider downgrading the stock even further with a &#34;sell&#34; rating.</p></body></html>","source":"seekingalpha_fund","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MicroStrategy: Overvaluation Gets Dangerous (Rating Downgrade)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicroStrategy: Overvaluation Gets Dangerous (Rating Downgrade)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-13 13:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4736352-microstrategy-overvaluation-gets-dangerous-rating-downgrade><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryFollowing my prior \"strong buy\" article rating, MicroStrategy's stock surged 86.59% to $351.73 due to strong growth in bitcoin holdings, but I am now downgrading the stock to \"hold.\"Despite ...</p>\n\n<a href=\"https://seekingalpha.com/article/4736352-microstrategy-overvaluation-gets-dangerous-rating-downgrade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSTR":"MicroStrategy"},"source_url":"https://seekingalpha.com/article/4736352-microstrategy-overvaluation-gets-dangerous-rating-downgrade","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179955772","content_text":"SummaryFollowing my prior \"strong buy\" article rating, MicroStrategy's stock surged 86.59% to $351.73 due to strong growth in bitcoin holdings, but I am now downgrading the stock to \"hold.\"Despite positive subscription revenue growth, MicroStrategy faces significant headwinds with -$340.2 million in net losses and declining software segment revenues.MSTR's market cap is significantly overvalued compared to its bitcoin holdings, with a premium near 3x, raising concerns about sustainability.Elevated price-book valuation and deviation from historical averages suggest potential downside, prompting a cautious \"hold\" rating amidst possible profit-taking in cryptocurrency-exposed stocks.Digital wallets and crypto currency concept. Digital money and blockchain technology. Golden bitcoin icon on dark background. Minimalistic setup with copy spaceWhen I last covered MicroStrategy Incorporated on October 11th, 2024 with my article \"MicroStrategy: Major Breakout Ahead\", I argued that strong growth rates in subscription revenues and widespread gains in global cryptocurrency asset trends suggested that MSTR might be on the verge of a monumental breakout in share prices before the end of the year. In the periods that followed, we have seen major updates with the company reporting quarterly earnings figures that revealed substantial growth in MicroStrategy's underlying bitcoin holdings and this has helped the stock rally by more than 86.59% to new all-time highs of $351.73 during the November 11th, 2024 trading session.MSTR: Massive Gains Follow PreviousAs we can see, these monstrous gains have occurred over what amounts to just a one-month trading period. Unfortunately, when we see these types of gains in such a short period of time, it becomes much more common for investors to begin wondering whether or not major rallies have become over-extended. As widespread profit-taking becomes more and more likely at these elevated levels, I will be reducing by two levels my outlook for this stock (to a \"hold\" rating from my prior \"strong buy\" rating).MicroStrategy: Q3 2024 Earnings FiguresOf course, we must look at some of the factors that led up to these incredible rallies in the first place. During the third-quarter period, MicroStrategy reported YTD cryptocurrency yields of 17.8% and an 11% increase in bitcoin while unveiling what they refer to as the 21-21 Plan, which is a $42 billion strategic capital outline that aims to use equity offerings to raise $21 billion and fixed income assets to raise an additional $21 billion. However, even with this forward-looking planning attempt, MicroStrategy is still facing significant headwinds in its operations, and -$340.2 million in net losses were reported for the period.MicroStrategy: Q3 2024 Earnings FiguresOne aspect of the business that is often overlooked is MicroStrategy's software segment, which recorded annualized revenue declines of -10.3% (at $116.1 million). One factor that was positive within this segment was subscription services, which actually saw revenue gains of 32.5% for the quarter. Unfortunately, these conflicting results have made it very clear that MicroStrategy has faced continued obstacles in terms of the company's ability to navigate between the legacy software business and newer operational directions in the accumulation of cryptocurrencies. Impairment losses tied to cryptocurrency holdings had a significant dragging effect on MicroStrategy's third-quarter operating expenses, and the company weathered a -$432.6 million operations loss during the period.MicroStrategy: Q3 2024 Earnings FiguresHowever, I believe that these quarterly figures largely miss the more important issue that currently faces MSTR shareholders. Specifically, long positions in MicroStrategy stock have become an incredibly expensive way of gaining exposure to the underlying Bitcoin assets. Toward the end of 2023, MSTR stock valuations were trading much closer to parity when compared to the company's total cryptocurrency holdings. More recently, MSTR valuations have risen to such extremes that the premium is hovering near record levels (at close to 3x the valuation of the underlying bitcoin holdings). MicroStrategy recently raised $2.03 billion to buy another 27,200 bitcoins, bringing their total holdings to 279,420 total bitcoins. Based on cryptocurrency prices from November 11th, 2024, this brings the value of MicroStrategy's total bitcoin horde to just over $24.72 billion. Based on market closing prices from the same trading period, the company's market cap currently stands at $68.9 billion. When we consider the fact that MicroStrategy's software business is worth roughly $1 billion and the company is currently holding debt levels greater than $4 billion, the prospects for overvaluation start to become glaringly clear.MSTR: Comparative Forward Price to Earnings ValuationsIn most cases, when I see share price rallies that are as substantial as MicroStrategy's YTD performance (396.21%), I will do my best to avoid being greedy and simply sell the position. Of course, we can all remember the classic stock market phrase about how \"bulls make money, bears make money, and pigs get slaughtered.\" However, one factor that has kept me from completely closing my current long position in MSTR is the stock's relatively attractive forward price-earnings valuation (which currently stands at 23.58x). Interestingly, if we compare this forward price-earnings ratio to other stocks with heavy exposure to the underlying valuations of cryptocurrency assets, we can see that only one stock in this industry grouping has a lower valuation. Specifically, this would be MARA Holdings, Inc. (MARA) at 20.93x. In the other direction, we can see that Riot Platforms, Inc. (RIOT) is currently trading with a forward price-earnings valuation of 47.54x and Coinbase Global, Inc. (COIN) is trading at much more expensive levels (at 61.26x).MSTR: Comparative Forward Price to Book ValuationsUnfortunately, when we shift the perspective a bit, MicroStrategy's valuation metrics start to look much less favorable. Specifically, MicroStrategy is currently trading with an elevated price-book valuation of 18.25x, which is nearly double the figure that we see with Coinbase (at 9.294x). Other stocks within this peer grouping are trading at much lower valuations. For example, Mara Holdings now has a price-book valuation of 2.788x, while Riot Platforms is trading at even lower levels (at just 1.81x). Additionally, we can also add Bitfarms Ltd. (BITF) for some further context and we can see that this stock is also trading at much less expensive levels (at 2.554x). Given the conflicting signals that are sent by these competing valuation metrics, I think the most reasonable course of action at this stage is to downgrade the stock to a \"hold\" rating.MSTR: Further Evidence of Severe OvervaluationLooking at the stock from a slightly different perspective, we can also see that MSTR has now deviated quite sharply away from its own historical averages. Specifically, in the daily price chart above, we can see that the stock is currently trading well above the upper Bollinger Band and the entire standard deviation channel on this time frame. Of course, this type of activity in share prices is highly significant because we are not looking at a short-term time frame (such as an hourly price chart). Viewing the stock in terms of simple statistical probabilities, mean reversion strategies would suggest that this type of outlier price action is unlikely to sustain itself for an extended period of time. Overall, this implies that downside pullbacks are becoming increasingly likely, and this is another reason I cannot maintain a \"buy\" rating for this stock at this moment in time.Ultimately, recent rallies in cryptocurrency assets appear to have been propelled in large part by the recent election of Donald Trump as the 47th President of the United States. However, now that the election results have already been tabulated, it seems to me that a sizable portion of this optimism is likely to start dying down relatively soon. If this assertion turns out to be true, I think we could start to see a significant amount of profit-taking activities in stocks with substantial exposure to cryptocurrency assets. In my view, a downside break of support at $262.62 (price lows from November 8th, 2024) might signal an end to MicroStrategy's recent bullish rally. If we see this occur, I will revisit my current outlook and consider downgrading the stock even further with a \"sell\" rating.","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369893646581952,"gmtCreate":1731346791020,"gmtModify":1731346794721,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"How did they get relisted and even sky rocket if they're that bad? Is the&nbsp;company manipulating stock prices???&nbsp;","listText":"How did they get relisted and even sky rocket if they're that bad? Is the&nbsp;company manipulating stock prices???&nbsp;","text":"How did they get relisted and even sky rocket if they're that bad? Is the company manipulating stock prices???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/369893646581952","repostId":"2482578494","repostType":2,"repost":{"id":"2482578494","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1731336902,"share":"https://ttm.financial/m/news/2482578494?lang=&edition=fundamental","pubTime":"2024-11-11 22:55","market":"hk","language":"en","title":"Super Micro Stock Keeps Slipping. A Delisting Deadline Looms","url":"https://stock-news.laohu8.com/highlight/detail?id=2482578494","media":"Dow Jones","summary":"Shares of Super Micro Computer were trading lower again on Monday, furthering a pattern of losses ahead of a delisting deadline.Super Micro stock is about 5.6% lower to $23.15 in premarket trading, while futures tracking the S&P 500 are up 0.4%. Shares have declined three out of the past four days, according to Dow Jones Market Data. Shares have dropped 19% this month and are on track for their worst year since 2018.On Aug. 7, the stock fell 20%, a day after  deteriorating profit margins overshadowed a strong sales forecast for fiscal 2025. But that was just the beginning. Later that month, a report from short seller  Hindenburg Research alleged it \"found glaring accounting red flags, evidence of undisclosed related party transactions, sanctions and export control failures, and customer issues.\". In September,  CEO Charles Liang addressed some of the issues weighing on the stock, including the short-seller report, which he said \"contains false or inaccurate statements about our company","content":"<html><head></head><body><p>Shares of  <a href=\"https://laohu8.com/S/SMCI\">SUPER MICRO COMPUTER INC</a>  were trading lower again on Monday, furthering a pattern of losses ahead of a delisting deadline.</p><p>Super Micro stock is about 11% lower in Monday trading.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7001eec6084618eb29b782bb1763f843\" tg-width=\"416\" tg-height=\"402\"/></p><p>For a quick refresh, here&#39;s what&#39;s been going on:</p><p>On Aug. 7, the stock fell 20%, a day after deteriorating profit margins overshadowed a strong sales forecast for fiscal 2025. But that was just the beginning. Later that month, a report from short seller Hindenburg Research alleged it &#34;found glaring accounting red flags, evidence of undisclosed related party transactions, sanctions and export control failures, and customer issues.&#34;</p><p>The stock dropped 19% on Aug. 28, after the company said it would delay filing its 10-K for the fiscal year ended June 30.</p><p>In September, CEO Charles Liang addressed some of the issues weighing on the stock, including the short-seller report, which he said &#34;contains false or inaccurate statements about our company including misleading presentations of information.&#34; Later that month, The Wall Street Journal reported the company was being probed by the Justice Department.</p><p>Then, the stock plummeted 33% on Oct. 30 after disclosing its accounting firm Ernst &amp; Young had , citing its unwillingness to be &#34;associated with the financial statements prepared by management.&#34; Super Micro said it disagrees with the decision and is seeking new auditors.</p><p>Super Micro stock hasn&#39;t turned the page in the new month, plunging 18% on Nov. 6 after the company provided a worse-than-expected business update the night before.</p><p>It may only get worse. After delaying the filing of its 10-K for the fiscal year ended June 30, Super Micro has until Nov. 16 to submit a plan to the Nasdaq Stock Exchange to regain compliance with listing rules.</p><p>&#34;It arguably appears to be an uphill battle for SMCI to remain listed at this point,&#34; Wedbush analyst Matt Bryson in a note last week. He slashed his price target on Super Micro to $32 from $62 while maintaining a Neutral rating.</p><p>This slate of issues has sent shares down 80% from their all-time high notched in March.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Stock Keeps Slipping. A Delisting Deadline Looms</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Stock Keeps Slipping. A Delisting Deadline Looms\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-11 22:55</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shares of  <a href=\"https://laohu8.com/S/SMCI\">SUPER MICRO COMPUTER INC</a>  were trading lower again on Monday, furthering a pattern of losses ahead of a delisting deadline.</p><p>Super Micro stock is about 11% lower in Monday trading.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7001eec6084618eb29b782bb1763f843\" tg-width=\"416\" tg-height=\"402\"/></p><p>For a quick refresh, here&#39;s what&#39;s been going on:</p><p>On Aug. 7, the stock fell 20%, a day after deteriorating profit margins overshadowed a strong sales forecast for fiscal 2025. But that was just the beginning. Later that month, a report from short seller Hindenburg Research alleged it &#34;found glaring accounting red flags, evidence of undisclosed related party transactions, sanctions and export control failures, and customer issues.&#34;</p><p>The stock dropped 19% on Aug. 28, after the company said it would delay filing its 10-K for the fiscal year ended June 30.</p><p>In September, CEO Charles Liang addressed some of the issues weighing on the stock, including the short-seller report, which he said &#34;contains false or inaccurate statements about our company including misleading presentations of information.&#34; Later that month, The Wall Street Journal reported the company was being probed by the Justice Department.</p><p>Then, the stock plummeted 33% on Oct. 30 after disclosing its accounting firm Ernst &amp; Young had , citing its unwillingness to be &#34;associated with the financial statements prepared by management.&#34; Super Micro said it disagrees with the decision and is seeking new auditors.</p><p>Super Micro stock hasn&#39;t turned the page in the new month, plunging 18% on Nov. 6 after the company provided a worse-than-expected business update the night before.</p><p>It may only get worse. After delaying the filing of its 10-K for the fiscal year ended June 30, Super Micro has until Nov. 16 to submit a plan to the Nasdaq Stock Exchange to regain compliance with listing rules.</p><p>&#34;It arguably appears to be an uphill battle for SMCI to remain listed at this point,&#34; Wedbush analyst Matt Bryson in a note last week. He slashed his price target on Super Micro to $32 from $62 while maintaining a Neutral rating.</p><p>This slate of issues has sent shares down 80% from their all-time high notched in March.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SMCI":"超微电脑"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2482578494","content_text":"Shares of  SUPER MICRO COMPUTER INC  were trading lower again on Monday, furthering a pattern of losses ahead of a delisting deadline.Super Micro stock is about 11% lower in Monday trading.For a quick refresh, here's what's been going on:On Aug. 7, the stock fell 20%, a day after deteriorating profit margins overshadowed a strong sales forecast for fiscal 2025. But that was just the beginning. Later that month, a report from short seller Hindenburg Research alleged it \"found glaring accounting red flags, evidence of undisclosed related party transactions, sanctions and export control failures, and customer issues.\"The stock dropped 19% on Aug. 28, after the company said it would delay filing its 10-K for the fiscal year ended June 30.In September, CEO Charles Liang addressed some of the issues weighing on the stock, including the short-seller report, which he said \"contains false or inaccurate statements about our company including misleading presentations of information.\" Later that month, The Wall Street Journal reported the company was being probed by the Justice Department.Then, the stock plummeted 33% on Oct. 30 after disclosing its accounting firm Ernst & Young had , citing its unwillingness to be \"associated with the financial statements prepared by management.\" Super Micro said it disagrees with the decision and is seeking new auditors.Super Micro stock hasn't turned the page in the new month, plunging 18% on Nov. 6 after the company provided a worse-than-expected business update the night before.It may only get worse. After delaying the filing of its 10-K for the fiscal year ended June 30, Super Micro has until Nov. 16 to submit a plan to the Nasdaq Stock Exchange to regain compliance with listing rules.\"It arguably appears to be an uphill battle for SMCI to remain listed at this point,\" Wedbush analyst Matt Bryson in a note last week. He slashed his price target on Super Micro to $32 from $62 while maintaining a Neutral rating.This slate of issues has sent shares down 80% from their all-time high notched in March.","news_type":1},"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4140090365269462","authorId":"4140090365269462","name":"a4xrbj1","avatar":"https://community-static.tradeup.com/news/9d8912bc5b3237f119291ecf0caa4d5a","crmLevel":9,"crmLevelSwitch":1,"idStr":"4140090365269462","authorIdStr":"4140090365269462"},"content":"They are selling server racks with liquid cooling technology that is much needed for those latest NVIDIA chips. That’s why","text":"They are selling server racks with liquid cooling technology that is much needed for those latest NVIDIA chips. That’s why","html":"They are selling server racks with liquid cooling technology that is much needed for those latest NVIDIA chips. That’s why"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368868269846648,"gmtCreate":1731093405964,"gmtModify":1731093410400,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SMCI\">$SUPER MICRO COMPUTER INC(SMCI)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/SMCI\">$SUPER MICRO COMPUTER INC(SMCI)$ </a>&nbsp;","text":"$SUPER MICRO COMPUTER INC(SMCI)$","images":[{"img":"https://community-static.tradeup.com/news/8d7f034686a0e2a9a67ae0aac9820ebc","width":"882","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368868269846648","isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":368867381543096,"gmtCreate":1731093102475,"gmtModify":1731093106322,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"Will Telsa outperform it's initial 400 range?","listText":"Will Telsa outperform it's initial 400 range?","text":"Will Telsa outperform it's initial 400 range?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368867381543096","isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368484771844488,"gmtCreate":1731003653815,"gmtModify":1731003657321,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"Telsa is not good enough if its still below 400","listText":"Telsa is not good enough if its still below 400","text":"Telsa is not good enough if its still below 400","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368484771844488","repostId":"1120317210","repostType":2,"repost":{"id":"1120317210","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1730991711,"share":"https://ttm.financial/m/news/1120317210?lang=&edition=fundamental","pubTime":"2024-11-07 23:01","market":"us","language":"en","title":"Magnificent 7 Stocks Jumped in Morning Trading with Meta Rising Over 2%","url":"https://stock-news.laohu8.com/highlight/detail?id=1120317210","media":"Tiger Newspress","summary":"Magnificent 7 stocks jumped in morning trading with Meta rising over 2%.","content":"<html><head></head><body><p>Magnificent 7 stocks jumped in morning trading with Meta rising over 2%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b991e63a15e3141fea35968f9b5b4194\" tg-width=\"279\" tg-height=\"310\"/></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Magnificent 7 Stocks Jumped in Morning Trading with Meta Rising Over 2%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMagnificent 7 Stocks Jumped in Morning Trading with Meta Rising Over 2%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-11-07 23:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Magnificent 7 stocks jumped in morning trading with Meta rising over 2%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b991e63a15e3141fea35968f9b5b4194\" tg-width=\"279\" tg-height=\"310\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc.","TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120317210","content_text":"Magnificent 7 stocks jumped in morning trading with Meta rising over 2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":39,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368499152302200,"gmtCreate":1731003289376,"gmtModify":1731003292453,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MSTR\">$MicroStrategy(MSTR)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/MSTR\">$MicroStrategy(MSTR)$ </a>&nbsp;","text":"$MicroStrategy(MSTR)$","images":[{"img":"https://community-static.tradeup.com/news/726da4983db73726f513fb05e364339c","width":"882","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368499152302200","isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":368458851168328,"gmtCreate":1730993687028,"gmtModify":1730993691076,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"He'll probably do something crazy to make it fall again so he can gain more as it rides up later","listText":"He'll probably do something crazy to make it fall again so he can gain more as it rides up later","text":"He'll probably do something crazy to make it fall again so he can gain more as it rides up later","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368458851168328","repostId":"2481754049","repostType":2,"repost":{"id":"2481754049","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1730994116,"share":"https://ttm.financial/m/news/2481754049?lang=&edition=fundamental","pubTime":"2024-11-07 23:41","market":"nz","language":"en","title":"Tesla Stock Rises Again After Elon Musk \"Made a Bet for the Ages\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2481754049","media":"Dow Jones","summary":"Tesla stock was slipping in premarket trading Thursday after huge - and somewhat surprising - post-election gains realized on Wednesday.Shares of the electric-vehicle maker were down 0.82% in premarke","content":"<html><head></head><body><p>Tesla  stock rose 3% early Thursday after a big target price bump from a Wall Street bull and after realizing huge—somewhat surprising—post election gains on Wednesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e4986e5a3201e06360859d2e51ce90b5\" tg-width=\"819\" tg-height=\"835\"/></p><p>The early move follows a massive 15% jump in Tesla stock following Donald Trump&#39;s presidential election win over Democratic challenger Kamala Harris.</p><p>Early in the election cycle, a Tesla rise following a Trump victory was far from certain, or even expected. Trump isn&#39;t a fan of EVs, disparaging them and Biden-era EV subsidies several times in the recent past.</p><p>But Tesla CEO Elon Musk endorsed the former president&#39;s bid to recapture the White House shortly after a failed assassination attempt in July. After that, Musk and Trump grew closer with the auto executive campaigning hard for the now president-elect.</p><p>There is no reason to doubt Musk&#39;s sincerity, but aligning himself with Trump turned out to be an incredible hedge for Musk&#39;s EV maker.</p><p>EV stocks didn&#39;t have a good day on Wednesday. Lucid stock fell 5.3%, Polestar shares fell 8.2%, and Rivian dropped 8.3%.</p><p>The difference between falling 8% and rising 15% for Tesla stock works out to about $185 billion in stock market value. The $37.09 rise in Tesla shares added roughly $120 billion in stock market value, exceeding the amount Musk likely donated to the Trump campaign by roughly 1,000 times. What&#39;s more, Musk&#39;s net worth increased by some $25 billion the day after the election.</p><p>&#34;Musk made a bet for the ages,&#34; said Wedbush analyst Dan Ives. He rates Tesla shares Buy and has a $300 price target on the stock.</p><p>The gains Wednesday leave Tesla shares up about 16% so far this year. They also sent Tesla stock above recent resistance-- a term used by technical stock market analysts who look at stock charts to get a sense of levels where investors have bought and sold stocks in the recent past.</p><p>Tesla has a &#34;bullish chart pattern,&#34; said CappThesis founder Frank Cappelleri. If shares can stay above $270 in the coming days, he thinks $400 could be in play in the coming months. That&#39;s a significant increase from current levels. Fairlead Strategies analyst Will Tamplin sees some additional resistance around $340.</p><p>At any of the recent levels, investors still have to think about what to pay for Musk&#39;s EV company. Shares fetch about 76 times estimated 2025 earnings, far higher than the market&#39;s 21 times multiple. Tesla&#39;s earnings, of course, are expected to grow much faster than the market.</p><p>Earnings growth has to accelerate for Tesla stock to maintain recent momentum into 2025 and beyond -- no matter who is in the White House.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Rises Again After Elon Musk \"Made a Bet for the Ages\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Rises Again After Elon Musk \"Made a Bet for the Ages\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-07 23:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla  stock rose 3% early Thursday after a big target price bump from a Wall Street bull and after realizing huge—somewhat surprising—post election gains on Wednesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e4986e5a3201e06360859d2e51ce90b5\" tg-width=\"819\" tg-height=\"835\"/></p><p>The early move follows a massive 15% jump in Tesla stock following Donald Trump&#39;s presidential election win over Democratic challenger Kamala Harris.</p><p>Early in the election cycle, a Tesla rise following a Trump victory was far from certain, or even expected. Trump isn&#39;t a fan of EVs, disparaging them and Biden-era EV subsidies several times in the recent past.</p><p>But Tesla CEO Elon Musk endorsed the former president&#39;s bid to recapture the White House shortly after a failed assassination attempt in July. After that, Musk and Trump grew closer with the auto executive campaigning hard for the now president-elect.</p><p>There is no reason to doubt Musk&#39;s sincerity, but aligning himself with Trump turned out to be an incredible hedge for Musk&#39;s EV maker.</p><p>EV stocks didn&#39;t have a good day on Wednesday. Lucid stock fell 5.3%, Polestar shares fell 8.2%, and Rivian dropped 8.3%.</p><p>The difference between falling 8% and rising 15% for Tesla stock works out to about $185 billion in stock market value. The $37.09 rise in Tesla shares added roughly $120 billion in stock market value, exceeding the amount Musk likely donated to the Trump campaign by roughly 1,000 times. What&#39;s more, Musk&#39;s net worth increased by some $25 billion the day after the election.</p><p>&#34;Musk made a bet for the ages,&#34; said Wedbush analyst Dan Ives. He rates Tesla shares Buy and has a $300 price target on the stock.</p><p>The gains Wednesday leave Tesla shares up about 16% so far this year. They also sent Tesla stock above recent resistance-- a term used by technical stock market analysts who look at stock charts to get a sense of levels where investors have bought and sold stocks in the recent past.</p><p>Tesla has a &#34;bullish chart pattern,&#34; said CappThesis founder Frank Cappelleri. If shares can stay above $270 in the coming days, he thinks $400 could be in play in the coming months. That&#39;s a significant increase from current levels. Fairlead Strategies analyst Will Tamplin sees some additional resistance around $340.</p><p>At any of the recent levels, investors still have to think about what to pay for Musk&#39;s EV company. Shares fetch about 76 times estimated 2025 earnings, far higher than the market&#39;s 21 times multiple. Tesla&#39;s earnings, of course, are expected to grow much faster than the market.</p><p>Earnings growth has to accelerate for Tesla stock to maintain recent momentum into 2025 and beyond -- no matter who is in the White House.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4585":"ETF&股票定投概念","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4534":"瑞士信贷持仓","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU0823414478.USD":"法巴经典能源转换基金","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","SG9999015978.USD":"利安颠覆性创新基金A","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4527":"明星科技股","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4588":"碎股","BK4550":"红杉资本持仓","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","BK4574":"无人驾驶","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4547":"WSB热门概念","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0097036916.USD":"贝莱德美国增长A2 USD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","BK4596":"哈里斯概念","LU0823411888.USD":"法巴消费创新基金 Cap","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","BK4548":"巴美列捷福持仓","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2481754049","content_text":"Tesla  stock rose 3% early Thursday after a big target price bump from a Wall Street bull and after realizing huge—somewhat surprising—post election gains on Wednesday.The early move follows a massive 15% jump in Tesla stock following Donald Trump's presidential election win over Democratic challenger Kamala Harris.Early in the election cycle, a Tesla rise following a Trump victory was far from certain, or even expected. Trump isn't a fan of EVs, disparaging them and Biden-era EV subsidies several times in the recent past.But Tesla CEO Elon Musk endorsed the former president's bid to recapture the White House shortly after a failed assassination attempt in July. After that, Musk and Trump grew closer with the auto executive campaigning hard for the now president-elect.There is no reason to doubt Musk's sincerity, but aligning himself with Trump turned out to be an incredible hedge for Musk's EV maker.EV stocks didn't have a good day on Wednesday. Lucid stock fell 5.3%, Polestar shares fell 8.2%, and Rivian dropped 8.3%.The difference between falling 8% and rising 15% for Tesla stock works out to about $185 billion in stock market value. The $37.09 rise in Tesla shares added roughly $120 billion in stock market value, exceeding the amount Musk likely donated to the Trump campaign by roughly 1,000 times. What's more, Musk's net worth increased by some $25 billion the day after the election.\"Musk made a bet for the ages,\" said Wedbush analyst Dan Ives. He rates Tesla shares Buy and has a $300 price target on the stock.The gains Wednesday leave Tesla shares up about 16% so far this year. They also sent Tesla stock above recent resistance-- a term used by technical stock market analysts who look at stock charts to get a sense of levels where investors have bought and sold stocks in the recent past.Tesla has a \"bullish chart pattern,\" said CappThesis founder Frank Cappelleri. If shares can stay above $270 in the coming days, he thinks $400 could be in play in the coming months. That's a significant increase from current levels. Fairlead Strategies analyst Will Tamplin sees some additional resistance around $340.At any of the recent levels, investors still have to think about what to pay for Musk's EV company. Shares fetch about 76 times estimated 2025 earnings, far higher than the market's 21 times multiple. Tesla's earnings, of course, are expected to grow much faster than the market.Earnings growth has to accelerate for Tesla stock to maintain recent momentum into 2025 and beyond -- no matter who is in the White House.","news_type":1},"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368182299980000,"gmtCreate":1730906095897,"gmtModify":1730906107156,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"Why is it less than $270","listText":"Why is it less than $270","text":"Why is it less than $270","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368182299980000","repostId":"2481667958","repostType":2,"repost":{"id":"2481667958","pubTimestamp":1730887200,"share":"https://ttm.financial/m/news/2481667958?lang=&edition=fundamental","pubTime":"2024-11-06 18:00","market":"fut","language":"en","title":"1 Top Cryptocurrency to Buy Before It Soars 18,600%, According to Billionaire Michael Saylor of MicroStrategy","url":"https://stock-news.laohu8.com/highlight/detail?id=2481667958","media":"Motley Fool","summary":"There's still immense potential for the original crypto, but how much?","content":"<html><body><ul>\n<li>\n<div>\n<svg fill=\"none\" height=\"15\" viewbox=\"0 0 14 15\" width=\"14\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M14 5.58984C14 2.91016 11.8398 0.75 9.16016 0.75C6.50781 0.777344 4.375 2.91016 4.375 5.5625C4.375 6.10938 4.45703 6.60156 4.59375 7.09375L0.191406 11.4961C0.0546875 11.6328 0 11.7969 0 11.9609V14.0938C0 14.4766 0.273438 14.75 0.65625 14.75H3.71875C4.07422 14.75 4.375 14.4766 4.375 14.0938V13H5.46875C5.82422 13 6.125 12.7266 6.125 12.3438V11.25H7.13672C7.30078 11.25 7.51953 11.168 7.62891 11.0312L8.28516 10.293C8.55859 10.3477 8.85938 10.375 9.1875 10.375C11.8398 10.375 14 8.24219 14 5.58984ZM9.1875 4.25C9.1875 3.53906 9.76172 2.9375 10.5 2.9375C11.2109 2.9375 11.8125 3.53906 11.8125 4.25C11.8125 4.98828 11.2109 5.5625 10.5 5.5625C9.76172 5.5625 9.1875 4.98828 9.1875 4.25Z\" fill=\"#FFB81C\"></path>\n</svg>\n</div>\n<div>Under Saylor's leadership, MicroStrategy transformed its business by making Bitcoin a central asset, acquiring nearly 250,000 Bitcoins.</div>\n</li>\n<li>\n<div>\n<svg fill=\"none\" height=\"15\" viewbox=\"0 0 14 15\" width=\"14\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M14 5.58984C14 2.91016 11.8398 0.75 9.16016 0.75C6.50781 0.777344 4.375 2.91016 4.375 5.5625C4.375 6.10938 4.45703 6.60156 4.59375 7.09375L0.191406 11.4961C0.0546875 11.6328 0 11.7969 0 11.9609V14.0938C0 14.4766 0.273438 14.75 0.65625 14.75H3.71875C4.07422 14.75 4.375 14.4766 4.375 14.0938V13H5.46875C5.82422 13 6.125 12.7266 6.125 12.3438V11.25H7.13672C7.30078 11.25 7.51953 11.168 7.62891 11.0312L8.28516 10.293C8.55859 10.3477 8.85938 10.375 9.1875 10.375C11.8398 10.375 14 8.24219 14 5.58984ZM9.1875 4.25C9.1875 3.53906 9.76172 2.9375 10.5 2.9375C11.2109 2.9375 11.8125 3.53906 11.8125 4.25C11.8125 4.98828 11.2109 5.5625 10.5 5.5625C9.76172 5.5625 9.1875 4.98828 9.1875 4.25Z\" fill=\"#FFB81C\"></path>\n</svg>\n</div>\n<div>Saylor sees Bitcoin as a unique blend of traditional assets.</div>\n</li>\n<li>\n<div>\n<svg fill=\"none\" height=\"15\" viewbox=\"0 0 14 15\" width=\"14\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M14 5.58984C14 2.91016 11.8398 0.75 9.16016 0.75C6.50781 0.777344 4.375 2.91016 4.375 5.5625C4.375 6.10938 4.45703 6.60156 4.59375 7.09375L0.191406 11.4961C0.0546875 11.6328 0 11.7969 0 11.9609V14.0938C0 14.4766 0.273438 14.75 0.65625 14.75H3.71875C4.07422 14.75 4.375 14.4766 4.375 14.0938V13H5.46875C5.82422 13 6.125 12.7266 6.125 12.3438V11.25H7.13672C7.30078 11.25 7.51953 11.168 7.62891 11.0312L8.28516 10.293C8.55859 10.3477 8.85938 10.375 9.1875 10.375C11.8398 10.375 14 8.24219 14 5.58984ZM9.1875 4.25C9.1875 3.53906 9.76172 2.9375 10.5 2.9375C11.2109 2.9375 11.8125 3.53906 11.8125 4.25C11.8125 4.98828 11.2109 5.5625 10.5 5.5625C9.76172 5.5625 9.1875 4.98828 9.1875 4.25Z\" fill=\"#FFB81C\"></path>\n</svg>\n</div>\n<div>Bitcoin has seen widespread adoption and validation by institutions.</div>\n</li>\n</ul><div><p>Are you worried it's too late to buy <strong>Bitcoin</strong> <span>(BTC<span> 6.77%</span>)</span>? Although the pace of some of the cryptocurrency's previous run-ups may be difficult to match, there is still plenty of room for it to grow. But just how much?</p><div><app :collapse_on_load=\"false\" :instrument_id=\"343539\" :show_benchmark_compare=\"true\" amount_change=\"4999.74\" average_volume=\"\" company_name=\"Bitcoin\" current_price=\"73783.74\" daily_high=\"75390.43\" daily_low=\"68647.26\" default_period=\"FiveYear\" dividend_yield=\"N/A\" exchange=\"CRYPTO\" fifty_two_week_high=\"75390.43\" fifty_two_week_low=\"34833.53\" gross_margin=\"0.00\" logo=\"https://g.foolcdn.com/art/companylogos/mark/BTC.png\" market_cap=\"$1,459B\" pe_ratio=\"\" percent_change=\"6.77\" symbol=\"BTC\" volume=\"96,042\"></app></div><p>If you believe Michael Saylor, the outspoken chief of <strong>MicroStrategy</strong> <span>(MSTR<span> 2.16%</span>)</span>, the answer is <em>a whole lot</em>. Known for his bold and fearless Bitcoin advocacy, Saylor isn't shy about setting high price targets. His latest? That Bitcoin will reach $13 million by 2045 -- a potential gain of 18,600% from today's price. </p><h2>Saylor is a big believer in Bitcoin</h2><p>Under Saylor's direction, the company made Bitcoin a core part of its business. MicroStrategy began as a software company -- it still is one -- but in 2020 it began amassing a reserve of Bitcoin as a central strategy for growth. It now owns about 250,000 bitcoins valued at more than $16 billion. The company spent just under $10 billion buying them -- a pretty nice deal. Investors appear to believe this is a winning strategy; the stock is up nearly 2,000% since the Bitcoin buying began despite the company's software revenue barely growing since then. </p><p>He's betting the farm, so to speak, on the success of Bitcoin, but it's clear he believes in the strategy wholeheartedly. Why? Saylor sees it as combining the best of a range of assets like currency, gold, and real estate. For one, it is scarce. There is a fixed amount of Bitcoins that can ever be mined and it's becoming harder to <span>extract</span> new ones. This makes it a deflationary asset, meaning that its value tends to rise over time because of its limited supply. This is in direct contrast to currencies like the dollar which are, by design, inflationary. </p><p>Gold works similarly, but Bitcoin has a few major advantages over the precious metal; namely, it can be easily stored and exchanged. MicroStrategy can store $16 billion worth of Bitcoin running a few servers. Can you imagine the cost of storing $16 billion worth of gold?</p><div><div><div></div></div></div><p>Bitcoin is secure and decentralized -- a vast network of computers around the world work together to make it so. Theoretically, no single entity can disrupt this or put its thumb on the scale to influence the value of Bitcoin like a central bank can with a currency.</p><p>These more ideological reasons are well and good, but at the end of the day, the market has proven that Bitcoin holds tremendous value. Bitcoin is by far the most widely adopted digital asset and at this point, it looks like it will be incredibly difficult to unseat. That's not to say it's impossible, but with the influx of institutional capital during the past few years, it doesn't seem likely.</p><div></div><h2>Saylor's target may be a bit too optimistic </h2><p>While it's not impossible for Bitcoin to hit $13 million in 2045, I'm not sure it's too likely. Here's why. It would mean a pretty substantial paradigm shift in the global economy. At present, the total value of the Bitcoin market is just 1% that of traditional equities. If Saylor's target holds true and equities were to grow at their historical rate, by 2045, Bitcoin would be worth about 35% of global equities. That is an enormous shift, one that may be too fundamental to happen in the next 20 years. </p><p>That said, I still think Bitcoin will well exceed the market during the next 20 years and is an excellent investment. I agree with the general thrust of Saylor's belief in the digital asset even if I think he's a bit overzealous, but Bitcoin is here to stay. The fact is, it doesn't have to reach nearly the levels Saylor predicts to be a good investment today. If by 2045 it represented just 5% of global equities, that would still result in an annual return of about 19%.</p><div></div></div></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>1 Top Cryptocurrency to Buy Before It Soars 18,600%, According to Billionaire Michael Saylor of MicroStrategy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n1 Top Cryptocurrency to Buy Before It Soars 18,600%, According to Billionaire Michael Saylor of MicroStrategy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-06 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/11/06/1-top-cryptocurrency-to-buy-before-it-soars-18600/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Under Saylor's leadership, MicroStrategy transformed its business by making Bitcoin a central asset, acquiring nearly 250,000 Bitcoins.\n\n\n\n\n\n\n\nSaylor sees Bitcoin as a unique blend of traditional ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/11/06/1-top-cryptocurrency-to-buy-before-it-soars-18600/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F796277%2Fgettyimages-1165801078-600x400-bf06395.jpg&op=resize&w=165&h=104","relate_stocks":{"MSTR":"MicroStrategy","BK4594":"比特币ETF概念","BK4588":"碎股","BK4585":"ETF&股票定投概念"},"source_url":"https://www.fool.com/investing/2024/11/06/1-top-cryptocurrency-to-buy-before-it-soars-18600/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2481667958","content_text":"Under Saylor's leadership, MicroStrategy transformed its business by making Bitcoin a central asset, acquiring nearly 250,000 Bitcoins.\n\n\n\n\n\n\n\nSaylor sees Bitcoin as a unique blend of traditional assets.\n\n\n\n\n\n\n\nBitcoin has seen widespread adoption and validation by institutions.\n\nAre you worried it's too late to buy Bitcoin (BTC 6.77%)? Although the pace of some of the cryptocurrency's previous run-ups may be difficult to match, there is still plenty of room for it to grow. But just how much?If you believe Michael Saylor, the outspoken chief of MicroStrategy (MSTR 2.16%), the answer is a whole lot. Known for his bold and fearless Bitcoin advocacy, Saylor isn't shy about setting high price targets. His latest? That Bitcoin will reach $13 million by 2045 -- a potential gain of 18,600% from today's price. Saylor is a big believer in BitcoinUnder Saylor's direction, the company made Bitcoin a core part of its business. MicroStrategy began as a software company -- it still is one -- but in 2020 it began amassing a reserve of Bitcoin as a central strategy for growth. It now owns about 250,000 bitcoins valued at more than $16 billion. The company spent just under $10 billion buying them -- a pretty nice deal. Investors appear to believe this is a winning strategy; the stock is up nearly 2,000% since the Bitcoin buying began despite the company's software revenue barely growing since then. He's betting the farm, so to speak, on the success of Bitcoin, but it's clear he believes in the strategy wholeheartedly. Why? Saylor sees it as combining the best of a range of assets like currency, gold, and real estate. For one, it is scarce. There is a fixed amount of Bitcoins that can ever be mined and it's becoming harder to extract new ones. This makes it a deflationary asset, meaning that its value tends to rise over time because of its limited supply. This is in direct contrast to currencies like the dollar which are, by design, inflationary. Gold works similarly, but Bitcoin has a few major advantages over the precious metal; namely, it can be easily stored and exchanged. MicroStrategy can store $16 billion worth of Bitcoin running a few servers. Can you imagine the cost of storing $16 billion worth of gold?Bitcoin is secure and decentralized -- a vast network of computers around the world work together to make it so. Theoretically, no single entity can disrupt this or put its thumb on the scale to influence the value of Bitcoin like a central bank can with a currency.These more ideological reasons are well and good, but at the end of the day, the market has proven that Bitcoin holds tremendous value. Bitcoin is by far the most widely adopted digital asset and at this point, it looks like it will be incredibly difficult to unseat. That's not to say it's impossible, but with the influx of institutional capital during the past few years, it doesn't seem likely.Saylor's target may be a bit too optimistic While it's not impossible for Bitcoin to hit $13 million in 2045, I'm not sure it's too likely. Here's why. It would mean a pretty substantial paradigm shift in the global economy. At present, the total value of the Bitcoin market is just 1% that of traditional equities. If Saylor's target holds true and equities were to grow at their historical rate, by 2045, Bitcoin would be worth about 35% of global equities. That is an enormous shift, one that may be too fundamental to happen in the next 20 years. That said, I still think Bitcoin will well exceed the market during the next 20 years and is an excellent investment. I agree with the general thrust of Saylor's belief in the digital asset even if I think he's a bit overzealous, but Bitcoin is here to stay. The fact is, it doesn't have to reach nearly the levels Saylor predicts to be a good investment today. If by 2045 it represented just 5% of global equities, that would still result in an annual return of about 19%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367741258092896,"gmtCreate":1730821148854,"gmtModify":1730884326529,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"There was a time I was a shareholder of a company. Despite years of asking for their annual stay, I wasn't given any and told to pop by the office to view the physical copy. The copy should not be removed from the office. Does this sound right? Years later, they filed for bankruptcy and told every shareholder they're not getting anything back.&nbsp;","listText":"There was a time I was a shareholder of a company. Despite years of asking for their annual stay, I wasn't given any and told to pop by the office to view the physical copy. The copy should not be removed from the office. Does this sound right? Years later, they filed for bankruptcy and told every shareholder they're not getting anything back.&nbsp;","text":"There was a time I was a shareholder of a company. Despite years of asking for their annual stay, I wasn't given any and told to pop by the office to view the physical copy. The copy should not be removed from the office. Does this sound right? Years later, they filed for bankruptcy and told every shareholder they're not getting anything back.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/367741258092896","repostId":"2481670835","repostType":2,"repost":{"id":"2481670835","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1730794271,"share":"https://ttm.financial/m/news/2481670835?lang=&edition=fundamental","pubTime":"2024-11-05 16:11","market":"hk","language":"en","title":"Super Micro Needs a New CEO Before Its AI Advantage Erodes","url":"https://stock-news.laohu8.com/highlight/detail?id=2481670835","media":"Dow Jones","summary":"The AI-server maker needs change at the top to recapture the trust of investors and customers. Super Micro Computer Inc. was an early beneficiary of the artificial-intelligence boom. But with the server maker under an accounting cloud, Super Micro now needs its chief executive to step down so it can fully realize the benefits of that trend.Last week, the abrupt resignation of the company's auditors Ernst & Young marked the second time in six years under Chief Executive Charles Liang's leadership that Super Micro has been accused by of improper internal financial controls. The company faces the possibility of a second delisting, as it delayed and still has not yet filed its annual report for fiscal 2024.Liang co-founded Super Micro with his wife, Sara Liu, who is described in the company's last annual report from fiscal 2023 as senior vice president and director, and h","content":"<html><head></head><body><p>Super Micro Computer Inc. was an early beneficiary of the artificial-intelligence boom. But with the server maker under an accounting cloud, Super Micro now needs its chief executive to step down so it can fully realize the benefits of that trend.</p><p>Last week, the abrupt resignation of the company&#39;s auditors Ernst &amp; Young marked the second time in six years under Chief Executive Charles Liang&#39;s leadership that Super Micro has been accused by of improper internal financial controls. The company faces the possibility of a second delisting, as it delayed and still has not yet filed its annual report for fiscal 2024.</p><p>Deloitte &amp; Touche&#39;s last audit of the company took place in fiscal 2023, and Super Micro <a href=\"https://laohu8.com/S/SMCI\">$(SMCI)$</a> asked shareholders to ratify EY as its new auditors at its 2023 annual meeting. One accounting expert, Francine McKenna, said that it is going to be tough for the company to find another auditor among the remaining Big Four accounting firms that Super Micro has not worked with. The remaining two, KPMG and PWC, would likely want big management changes at the top, such as the resignation of the CEO and possibly the CFO, and a new audit committee, according to McKenna, a former MarketWatch reporter.</p><p>&#34;They are obviously a very complex, problematic, recidivist, high-profile company,&#34; McKenna said. &#34;They have allegations by the DOJ, they have an activist short-seller report. Is another Big Four, either KPMG or PWC, going to take them on?&#34;</p><p>One precedent cited by McKenna, who writes The Dig, a newsletter on accounting, audit and corporate governance, comes from 2004, when electronics components maker Molex&#39;s outside auditor resigned in another so-called noisy resignation. Ernst &amp; Young took over as Molex&#39;s auditors in 2004 on the condition that its CEO and CFO resign.</p><p>The clock is ticking for Super Micro to find a new auditor as the company has until Nov. 16 to submit a plan on its timeline to file its annual report, which has to be approved by the Nasdaq. The company will be hosting a business update call on Tuesday, but it will not release earnings.</p><p>More recently, there was a similar situation in 2016 at Marvell Technology Inc. <a href=\"https://laohu8.com/S/MRVL\">$(MRVL)$</a>, which fired its co-founding husband-and-wife team, CEO Sehat Sutardja and President Weili Dai, after accounting issues led to an audit-committee investigation into its revenue-recognition policies, and probes by regulators. The co-founders remained on Marvell&#39;s board at the time. Marvell&#39;s investigation found no evidence of fraud but said that the &#34;tone at the top&#34; included pressure to meet revenue targets.</p><p>Liang co-founded Super Micro with his wife, Sara Liu, who is described in the company&#39;s last annual report from fiscal 2023 as senior vice president and director, and has had various positions, including treasurer.</p><p>Super Micro has seen revenue boom recently thanks to surging demand for artificial-intelligence servers, and at their highest point of 2024, Super Micro shares were up more than 300% on the year. But while Liang led the company to great heights, he&#39;s remained in charge for a precipitous fall in the stock price, as investors weigh the accounting concerns as well as margin pressures in the AI-server business. It is also being probed by the Department of Justice, and its stock has now erased its year-to-date gains.</p><p>Super Micro said in an SEC filing it doesn&#39;t believe that the ongoing review of its financial controls will lead to a restatement of past financial results and it disagrees with EY&#39;s decision. But the matter has become a dark cloud over the stock. Liang should step down so that the company can regain the trust of Wall Street and customers. A Melius Research analyst recently hypothesized that customers are now paying attention to Super Micro&#39;s saga, which could help competitor Dell Technologies Inc. <a href=\"https://laohu8.com/S/DELL\">$(DELL)$</a> down the line.</p><p>A Super Micro spokesman referred to the company&#39;s past statements on the matter, and did not provide a comment on the board&#39;s continued support of Liang.</p><p>Comments from Ernst &amp; Young, cited in a regulatory filing by Super Micro, indicated that the auditors believe the company&#39;s board and audit committee are not independent from the CEO. EY said information it received as part of a special committee review &#34;raised questions, including about whether the company demonstrates a commitment to integrity and ethical values&#34; consistent with good financial-control principles, and &#34;about the ability and willingness of the audit committee and overall board to demonstrate and act as an oversight body...independent of the CEO.&#34;</p><p>EY added that the company was &#34;unwilling to be associated with the financial statements prepared by management,&#34; according to the filing.</p><p>Accounting experts said it is extremely rare for an audit firm, especially one of the Big Four, to disclose their reasons for resigning.</p><p>&#34;I suspect this happens a lot more than we see, except that the audit firms don&#39;t talk about it,&#34; said Shiva Rajgopal, a professor of accounting and auditing at Columbia Business School. &#34;This is the nuclear option. This must be really bad, otherwise they would not have gone public.&#34;</p><p>McKenna said it&#39;s possible a smaller, lesser-known accounting firm could take the company on as a client, but she fears that that a smaller firm &#34;would not have the experience, competence or the national-office backing - the oomph, the gravitas - to get these these guys to shape up,&#34; she said. She added that regulators would likely not be as hard on the company if there are significant changes at the top. &#34;The only way they could come out of it is if one of the other Big Four agreed to take it on and insisted on significant management and board changes.&#34;</p><p>In 2018, the Nasdaq began its previous delisting procedures. Super Micro <a href=\"https://laohu8.com/S/SMCI.UK\">$(SMCI.UK)$</a> did not file its fiscal 2017 financial reports on time, saying it had to compile and analyze certain information to finalize the documentation and complete a related audit-committee investigation. In January 2020, it was approved for relisting, and Liang was ordered by the Securities and Exchange Commission to reimburse Super Micro $2.1 million for stock profits he realized during the accounting period under question.</p><p>In one example of how close the company&#39;s board is to Liang, in March 2020, Super Micro&#39;s board agreed to give him a one-time payment of up to $8 million if the company&#39;s stock price met certain targets, to reward him for his &#34;valuable contributions and loyal service&#34; particularly during through the period &#34;when the company was not current in its SEC filings.&#34;</p><p>Liang was not accused of wrongdoing at that time, but then-Chief Financial Officer Howard Hideshima was charged with prematurely recognizing revenue and understating expenses over a period of at least three years, and the company paid a $17.5 million civil penalty, without admitting or denying the SEC&#39;s finding.</p><p>Hideshima, who was ordered to pay $350,000 to the SEC, now says on his LinkedIn page that he is working as a consultant for Ablecom Technology Inc., a manufacturing partner of Super Micro run by Steve Liang, Charles&#39;s brother. Charles Liang and his wife own 10% of Ablecom.</p><p>The company has disclosed all of these related-party associations in its 10K filings, except for mentioning that its former CFO, who was charged in its former accounting debacle, still works for companies associated with Charles Liang. Steve Liang and another brother, Bill Liang, are also on the board of Ablecom. These related parties were highlighted as problematic in a short-seller report in August by Hindenburg Research.</p><p>Liang repeatedly has said in interviews over the past few years that the company fixed the internal-control issues that led to its previous delisting, including in an interview to MarketWatch in 2023.</p><p>This past August, when Hindenburg detailed what it found as red flags, it also highlighted a whistleblower lawsuit filed against the company in April, in which the plaintiff, Bob Luong, alleged how Super Micro misallocated revenue to hardware from services to inflate margins in its hardware business. A recurring concern among Wall Street analysts has been the low gross margins in its server business, even as revenue has surged due to a boost in sales for AI data centers.</p><p>In early September, Super Micro said that the Hindenburg report was misleading and that it does not expect its delayed annual report to contain materially different results from those already reported. Liang also said in a letter to investors and customers that the Hindenburg report contained &#34;misleading presentations of information that we have previously shared publicly.&#34; In July, after EY told the board&#39;s audit committee about its concerns about Super Micro&#39;s financial controls, an independent special committee was formed to review certain internal controls and certain corporate-governance procedures.</p><p>Liang owns over 11% of Super Micro stock, according to FactSet, but he is also seen as a key to the company, which warned in its fiscal 2023 annual report that it had no succession plan. &#34;His experience in leading our business and his personal involvement in key relationships with suppliers, customers and strategic partners are extremely valuable to our company,&#34; Super Micro said in that August 2023 filing. &#34;We currently do not have a succession plan for the replacement of Mr. Liang if it were to become necessary.&#34;</p><p>In a June 2023 interview with MarketWatch, Liang was asked about a succession plan, and said the company &#34;was planning, for sure,&#34; but he declined to provide any further details. Liang has been an early advocate for green computing, a key issue coming up now with power-hungry AI servers. He was described in a report by short-seller Spruce Point Capital Management in early 2023 as &#34;a genius&#34; by a former employee and described as a &#34;counter-thinker.&#34;</p><p>&#34;It&#39;s a liability. If he were to go, there&#39;s nothing behind him. There&#39;s a vacuum,&#34; the former employee told Spruce Point Capital at the time.</p><p>Now the company should start to think about succession earlier than expected, or risk that customers will make their future purchases elsewhere, all while investor trust dwindles. If Liang were to step down, Super Micro potentially could get a Big Four auditor to help it regain the confidence of the financial community.</p><p>As the saying goes, something appears to be rotten in Denmark, and the CEO needs to give someone else the chance to return the company to its former glory.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Needs a New CEO Before Its AI Advantage Erodes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Needs a New CEO Before Its AI Advantage Erodes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-05 16:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Super Micro Computer Inc. was an early beneficiary of the artificial-intelligence boom. But with the server maker under an accounting cloud, Super Micro now needs its chief executive to step down so it can fully realize the benefits of that trend.</p><p>Last week, the abrupt resignation of the company&#39;s auditors Ernst &amp; Young marked the second time in six years under Chief Executive Charles Liang&#39;s leadership that Super Micro has been accused by of improper internal financial controls. The company faces the possibility of a second delisting, as it delayed and still has not yet filed its annual report for fiscal 2024.</p><p>Deloitte &amp; Touche&#39;s last audit of the company took place in fiscal 2023, and Super Micro <a href=\"https://laohu8.com/S/SMCI\">$(SMCI)$</a> asked shareholders to ratify EY as its new auditors at its 2023 annual meeting. One accounting expert, Francine McKenna, said that it is going to be tough for the company to find another auditor among the remaining Big Four accounting firms that Super Micro has not worked with. The remaining two, KPMG and PWC, would likely want big management changes at the top, such as the resignation of the CEO and possibly the CFO, and a new audit committee, according to McKenna, a former MarketWatch reporter.</p><p>&#34;They are obviously a very complex, problematic, recidivist, high-profile company,&#34; McKenna said. &#34;They have allegations by the DOJ, they have an activist short-seller report. Is another Big Four, either KPMG or PWC, going to take them on?&#34;</p><p>One precedent cited by McKenna, who writes The Dig, a newsletter on accounting, audit and corporate governance, comes from 2004, when electronics components maker Molex&#39;s outside auditor resigned in another so-called noisy resignation. Ernst &amp; Young took over as Molex&#39;s auditors in 2004 on the condition that its CEO and CFO resign.</p><p>The clock is ticking for Super Micro to find a new auditor as the company has until Nov. 16 to submit a plan on its timeline to file its annual report, which has to be approved by the Nasdaq. The company will be hosting a business update call on Tuesday, but it will not release earnings.</p><p>More recently, there was a similar situation in 2016 at Marvell Technology Inc. <a href=\"https://laohu8.com/S/MRVL\">$(MRVL)$</a>, which fired its co-founding husband-and-wife team, CEO Sehat Sutardja and President Weili Dai, after accounting issues led to an audit-committee investigation into its revenue-recognition policies, and probes by regulators. The co-founders remained on Marvell&#39;s board at the time. Marvell&#39;s investigation found no evidence of fraud but said that the &#34;tone at the top&#34; included pressure to meet revenue targets.</p><p>Liang co-founded Super Micro with his wife, Sara Liu, who is described in the company&#39;s last annual report from fiscal 2023 as senior vice president and director, and has had various positions, including treasurer.</p><p>Super Micro has seen revenue boom recently thanks to surging demand for artificial-intelligence servers, and at their highest point of 2024, Super Micro shares were up more than 300% on the year. But while Liang led the company to great heights, he&#39;s remained in charge for a precipitous fall in the stock price, as investors weigh the accounting concerns as well as margin pressures in the AI-server business. It is also being probed by the Department of Justice, and its stock has now erased its year-to-date gains.</p><p>Super Micro said in an SEC filing it doesn&#39;t believe that the ongoing review of its financial controls will lead to a restatement of past financial results and it disagrees with EY&#39;s decision. But the matter has become a dark cloud over the stock. Liang should step down so that the company can regain the trust of Wall Street and customers. A Melius Research analyst recently hypothesized that customers are now paying attention to Super Micro&#39;s saga, which could help competitor Dell Technologies Inc. <a href=\"https://laohu8.com/S/DELL\">$(DELL)$</a> down the line.</p><p>A Super Micro spokesman referred to the company&#39;s past statements on the matter, and did not provide a comment on the board&#39;s continued support of Liang.</p><p>Comments from Ernst &amp; Young, cited in a regulatory filing by Super Micro, indicated that the auditors believe the company&#39;s board and audit committee are not independent from the CEO. EY said information it received as part of a special committee review &#34;raised questions, including about whether the company demonstrates a commitment to integrity and ethical values&#34; consistent with good financial-control principles, and &#34;about the ability and willingness of the audit committee and overall board to demonstrate and act as an oversight body...independent of the CEO.&#34;</p><p>EY added that the company was &#34;unwilling to be associated with the financial statements prepared by management,&#34; according to the filing.</p><p>Accounting experts said it is extremely rare for an audit firm, especially one of the Big Four, to disclose their reasons for resigning.</p><p>&#34;I suspect this happens a lot more than we see, except that the audit firms don&#39;t talk about it,&#34; said Shiva Rajgopal, a professor of accounting and auditing at Columbia Business School. &#34;This is the nuclear option. This must be really bad, otherwise they would not have gone public.&#34;</p><p>McKenna said it&#39;s possible a smaller, lesser-known accounting firm could take the company on as a client, but she fears that that a smaller firm &#34;would not have the experience, competence or the national-office backing - the oomph, the gravitas - to get these these guys to shape up,&#34; she said. She added that regulators would likely not be as hard on the company if there are significant changes at the top. &#34;The only way they could come out of it is if one of the other Big Four agreed to take it on and insisted on significant management and board changes.&#34;</p><p>In 2018, the Nasdaq began its previous delisting procedures. Super Micro <a href=\"https://laohu8.com/S/SMCI.UK\">$(SMCI.UK)$</a> did not file its fiscal 2017 financial reports on time, saying it had to compile and analyze certain information to finalize the documentation and complete a related audit-committee investigation. In January 2020, it was approved for relisting, and Liang was ordered by the Securities and Exchange Commission to reimburse Super Micro $2.1 million for stock profits he realized during the accounting period under question.</p><p>In one example of how close the company&#39;s board is to Liang, in March 2020, Super Micro&#39;s board agreed to give him a one-time payment of up to $8 million if the company&#39;s stock price met certain targets, to reward him for his &#34;valuable contributions and loyal service&#34; particularly during through the period &#34;when the company was not current in its SEC filings.&#34;</p><p>Liang was not accused of wrongdoing at that time, but then-Chief Financial Officer Howard Hideshima was charged with prematurely recognizing revenue and understating expenses over a period of at least three years, and the company paid a $17.5 million civil penalty, without admitting or denying the SEC&#39;s finding.</p><p>Hideshima, who was ordered to pay $350,000 to the SEC, now says on his LinkedIn page that he is working as a consultant for Ablecom Technology Inc., a manufacturing partner of Super Micro run by Steve Liang, Charles&#39;s brother. Charles Liang and his wife own 10% of Ablecom.</p><p>The company has disclosed all of these related-party associations in its 10K filings, except for mentioning that its former CFO, who was charged in its former accounting debacle, still works for companies associated with Charles Liang. Steve Liang and another brother, Bill Liang, are also on the board of Ablecom. These related parties were highlighted as problematic in a short-seller report in August by Hindenburg Research.</p><p>Liang repeatedly has said in interviews over the past few years that the company fixed the internal-control issues that led to its previous delisting, including in an interview to MarketWatch in 2023.</p><p>This past August, when Hindenburg detailed what it found as red flags, it also highlighted a whistleblower lawsuit filed against the company in April, in which the plaintiff, Bob Luong, alleged how Super Micro misallocated revenue to hardware from services to inflate margins in its hardware business. A recurring concern among Wall Street analysts has been the low gross margins in its server business, even as revenue has surged due to a boost in sales for AI data centers.</p><p>In early September, Super Micro said that the Hindenburg report was misleading and that it does not expect its delayed annual report to contain materially different results from those already reported. Liang also said in a letter to investors and customers that the Hindenburg report contained &#34;misleading presentations of information that we have previously shared publicly.&#34; In July, after EY told the board&#39;s audit committee about its concerns about Super Micro&#39;s financial controls, an independent special committee was formed to review certain internal controls and certain corporate-governance procedures.</p><p>Liang owns over 11% of Super Micro stock, according to FactSet, but he is also seen as a key to the company, which warned in its fiscal 2023 annual report that it had no succession plan. &#34;His experience in leading our business and his personal involvement in key relationships with suppliers, customers and strategic partners are extremely valuable to our company,&#34; Super Micro said in that August 2023 filing. &#34;We currently do not have a succession plan for the replacement of Mr. Liang if it were to become necessary.&#34;</p><p>In a June 2023 interview with MarketWatch, Liang was asked about a succession plan, and said the company &#34;was planning, for sure,&#34; but he declined to provide any further details. Liang has been an early advocate for green computing, a key issue coming up now with power-hungry AI servers. He was described in a report by short-seller Spruce Point Capital Management in early 2023 as &#34;a genius&#34; by a former employee and described as a &#34;counter-thinker.&#34;</p><p>&#34;It&#39;s a liability. If he were to go, there&#39;s nothing behind him. There&#39;s a vacuum,&#34; the former employee told Spruce Point Capital at the time.</p><p>Now the company should start to think about succession earlier than expected, or risk that customers will make their future purchases elsewhere, all while investor trust dwindles. If Liang were to step down, Super Micro potentially could get a Big Four auditor to help it regain the confidence of the financial community.</p><p>As the saying goes, something appears to be rotten in Denmark, and the CEO needs to give someone else the chance to return the company to its former glory.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4581":"高盛持仓","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","BK4170":"电脑硬件、储存设备及电脑周边","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0056508442.USD":"贝莱德世界科技基金A2","LU2473716301.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMF\" (USD) INC","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","MRVL":"迈威尔科技","BK4515":"5G概念","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","BK4585":"ETF&股票定投概念","LU2322448791.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (USD) INC","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","LU2322448957.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (HKD) INC","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","BK4535":"淡马锡持仓","SMCI":"超微电脑","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4141":"半导体产品","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","BK4588":"碎股","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1548497426.USD":"安联环球人工智能AT Acc","LU2272731865.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AM\" (HKD) INC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2481670835","content_text":"Super Micro Computer Inc. was an early beneficiary of the artificial-intelligence boom. But with the server maker under an accounting cloud, Super Micro now needs its chief executive to step down so it can fully realize the benefits of that trend.Last week, the abrupt resignation of the company's auditors Ernst & Young marked the second time in six years under Chief Executive Charles Liang's leadership that Super Micro has been accused by of improper internal financial controls. The company faces the possibility of a second delisting, as it delayed and still has not yet filed its annual report for fiscal 2024.Deloitte & Touche's last audit of the company took place in fiscal 2023, and Super Micro $(SMCI)$ asked shareholders to ratify EY as its new auditors at its 2023 annual meeting. One accounting expert, Francine McKenna, said that it is going to be tough for the company to find another auditor among the remaining Big Four accounting firms that Super Micro has not worked with. The remaining two, KPMG and PWC, would likely want big management changes at the top, such as the resignation of the CEO and possibly the CFO, and a new audit committee, according to McKenna, a former MarketWatch reporter.\"They are obviously a very complex, problematic, recidivist, high-profile company,\" McKenna said. \"They have allegations by the DOJ, they have an activist short-seller report. Is another Big Four, either KPMG or PWC, going to take them on?\"One precedent cited by McKenna, who writes The Dig, a newsletter on accounting, audit and corporate governance, comes from 2004, when electronics components maker Molex's outside auditor resigned in another so-called noisy resignation. Ernst & Young took over as Molex's auditors in 2004 on the condition that its CEO and CFO resign.The clock is ticking for Super Micro to find a new auditor as the company has until Nov. 16 to submit a plan on its timeline to file its annual report, which has to be approved by the Nasdaq. The company will be hosting a business update call on Tuesday, but it will not release earnings.More recently, there was a similar situation in 2016 at Marvell Technology Inc. $(MRVL)$, which fired its co-founding husband-and-wife team, CEO Sehat Sutardja and President Weili Dai, after accounting issues led to an audit-committee investigation into its revenue-recognition policies, and probes by regulators. The co-founders remained on Marvell's board at the time. Marvell's investigation found no evidence of fraud but said that the \"tone at the top\" included pressure to meet revenue targets.Liang co-founded Super Micro with his wife, Sara Liu, who is described in the company's last annual report from fiscal 2023 as senior vice president and director, and has had various positions, including treasurer.Super Micro has seen revenue boom recently thanks to surging demand for artificial-intelligence servers, and at their highest point of 2024, Super Micro shares were up more than 300% on the year. But while Liang led the company to great heights, he's remained in charge for a precipitous fall in the stock price, as investors weigh the accounting concerns as well as margin pressures in the AI-server business. It is also being probed by the Department of Justice, and its stock has now erased its year-to-date gains.Super Micro said in an SEC filing it doesn't believe that the ongoing review of its financial controls will lead to a restatement of past financial results and it disagrees with EY's decision. But the matter has become a dark cloud over the stock. Liang should step down so that the company can regain the trust of Wall Street and customers. A Melius Research analyst recently hypothesized that customers are now paying attention to Super Micro's saga, which could help competitor Dell Technologies Inc. $(DELL)$ down the line.A Super Micro spokesman referred to the company's past statements on the matter, and did not provide a comment on the board's continued support of Liang.Comments from Ernst & Young, cited in a regulatory filing by Super Micro, indicated that the auditors believe the company's board and audit committee are not independent from the CEO. EY said information it received as part of a special committee review \"raised questions, including about whether the company demonstrates a commitment to integrity and ethical values\" consistent with good financial-control principles, and \"about the ability and willingness of the audit committee and overall board to demonstrate and act as an oversight body...independent of the CEO.\"EY added that the company was \"unwilling to be associated with the financial statements prepared by management,\" according to the filing.Accounting experts said it is extremely rare for an audit firm, especially one of the Big Four, to disclose their reasons for resigning.\"I suspect this happens a lot more than we see, except that the audit firms don't talk about it,\" said Shiva Rajgopal, a professor of accounting and auditing at Columbia Business School. \"This is the nuclear option. This must be really bad, otherwise they would not have gone public.\"McKenna said it's possible a smaller, lesser-known accounting firm could take the company on as a client, but she fears that that a smaller firm \"would not have the experience, competence or the national-office backing - the oomph, the gravitas - to get these these guys to shape up,\" she said. She added that regulators would likely not be as hard on the company if there are significant changes at the top. \"The only way they could come out of it is if one of the other Big Four agreed to take it on and insisted on significant management and board changes.\"In 2018, the Nasdaq began its previous delisting procedures. Super Micro $(SMCI.UK)$ did not file its fiscal 2017 financial reports on time, saying it had to compile and analyze certain information to finalize the documentation and complete a related audit-committee investigation. In January 2020, it was approved for relisting, and Liang was ordered by the Securities and Exchange Commission to reimburse Super Micro $2.1 million for stock profits he realized during the accounting period under question.In one example of how close the company's board is to Liang, in March 2020, Super Micro's board agreed to give him a one-time payment of up to $8 million if the company's stock price met certain targets, to reward him for his \"valuable contributions and loyal service\" particularly during through the period \"when the company was not current in its SEC filings.\"Liang was not accused of wrongdoing at that time, but then-Chief Financial Officer Howard Hideshima was charged with prematurely recognizing revenue and understating expenses over a period of at least three years, and the company paid a $17.5 million civil penalty, without admitting or denying the SEC's finding.Hideshima, who was ordered to pay $350,000 to the SEC, now says on his LinkedIn page that he is working as a consultant for Ablecom Technology Inc., a manufacturing partner of Super Micro run by Steve Liang, Charles's brother. Charles Liang and his wife own 10% of Ablecom.The company has disclosed all of these related-party associations in its 10K filings, except for mentioning that its former CFO, who was charged in its former accounting debacle, still works for companies associated with Charles Liang. Steve Liang and another brother, Bill Liang, are also on the board of Ablecom. These related parties were highlighted as problematic in a short-seller report in August by Hindenburg Research.Liang repeatedly has said in interviews over the past few years that the company fixed the internal-control issues that led to its previous delisting, including in an interview to MarketWatch in 2023.This past August, when Hindenburg detailed what it found as red flags, it also highlighted a whistleblower lawsuit filed against the company in April, in which the plaintiff, Bob Luong, alleged how Super Micro misallocated revenue to hardware from services to inflate margins in its hardware business. A recurring concern among Wall Street analysts has been the low gross margins in its server business, even as revenue has surged due to a boost in sales for AI data centers.In early September, Super Micro said that the Hindenburg report was misleading and that it does not expect its delayed annual report to contain materially different results from those already reported. Liang also said in a letter to investors and customers that the Hindenburg report contained \"misleading presentations of information that we have previously shared publicly.\" In July, after EY told the board's audit committee about its concerns about Super Micro's financial controls, an independent special committee was formed to review certain internal controls and certain corporate-governance procedures.Liang owns over 11% of Super Micro stock, according to FactSet, but he is also seen as a key to the company, which warned in its fiscal 2023 annual report that it had no succession plan. \"His experience in leading our business and his personal involvement in key relationships with suppliers, customers and strategic partners are extremely valuable to our company,\" Super Micro said in that August 2023 filing. \"We currently do not have a succession plan for the replacement of Mr. Liang if it were to become necessary.\"In a June 2023 interview with MarketWatch, Liang was asked about a succession plan, and said the company \"was planning, for sure,\" but he declined to provide any further details. Liang has been an early advocate for green computing, a key issue coming up now with power-hungry AI servers. He was described in a report by short-seller Spruce Point Capital Management in early 2023 as \"a genius\" by a former employee and described as a \"counter-thinker.\"\"It's a liability. If he were to go, there's nothing behind him. There's a vacuum,\" the former employee told Spruce Point Capital at the time.Now the company should start to think about succession earlier than expected, or risk that customers will make their future purchases elsewhere, all while investor trust dwindles. If Liang were to step down, Super Micro potentially could get a Big Four auditor to help it regain the confidence of the financial community.As the saying goes, something appears to be rotten in Denmark, and the CEO needs to give someone else the chance to return the company to its former glory.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2524,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3479274801774930","authorId":"3479274801774930","name":"SiongZ","avatar":"https://static.tigerbbs.com/9ff565a6f54c24e1fc4110226338d657","crmLevel":1,"crmLevelSwitch":0,"idStr":"3479274801774930","authorIdStr":"3479274801774930"},"content":"That sounds incredibly frustrating and unfair.","text":"That sounds incredibly frustrating and unfair.","html":"That sounds incredibly frustrating and unfair."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367832206721104,"gmtCreate":1730820536789,"gmtModify":1730820540836,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"What's gonna happen to investors who have their shares&nbsp;","listText":"What's gonna happen to investors who have their shares&nbsp;","text":"What's gonna happen to investors who have their shares","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367832206721104","repostId":"2481335295","repostType":2,"repost":{"id":"2481335295","pubTimestamp":1730771874,"share":"https://ttm.financial/m/news/2481335295?lang=&edition=fundamental","pubTime":"2024-11-05 09:57","market":"other","language":"en","title":"Nvidia Moves Super Micro Orders to Other Suppliers to Maintain Supply Chain Stability - Report","url":"https://stock-news.laohu8.com/highlight/detail?id=2481335295","media":"seekingalpha","summary":"$Nvidia(NVDA)$ is rerouting orders previously placed with $Super Micro Computer(SMCI)$ to other suppliers, to contain the disruption within the AI server industry, Digitimes reported.The move comes on","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> is rerouting orders previously placed with <a href=\"https://laohu8.com/S/SMCI\">Super Micro Computer</a> to other suppliers, to contain the disruption within the AI server industry, Digitimes reported.</p><p>The move comes on the heels of ongoing financial reporting challenges being faced by Super Micro. Reportedly, if the company does not submit its financial statements by Nov. 20, it risks another delisting, after having being delisted in 2018 for non-compliance in financial filing, the report added.</p><p>Nvidia has stepped in to manage the impact of Super Micro&#39;s challenges on the larger industry, aiming to stabilize the supply chain. The U.S. chip giant is redirecting Super Micro&#39;s client orders to other providers to limit the disruption within the AI server market, the report noted.</p><p>Shares of the Super Micro slumped over 45% last week, marking its worst week on record, after the auditor for the AI server maker resigned. Concerns about the company&#39;s financial statements came up in late August after Hindenburg Research issued a short report on the company. A day later, Super Micro then said it was delaying its annual 10-K filing. The company later noted that it does not expect any material changes to fiscal 2024.</p><p>Last week, Super Micro announced an amendment to its loan agreement with Cathay Bank which, among other things, extends the date by which the company is required to deliver its annual results.</p><p>Super Micro&#39;s client orders have been moved to other companies, with Gigabyte and ASRock seeing an increase in new orders and customer inquiries. Supply chain sources suggest that Gigabyte and ASRock have gained from Super Micro&#39;s rerouted orders, securing contracts with major clients like CoreWeave, the report added.</p><p>Taiwan-based Gigabyte has raised its fourth-quarter and annual server revenue forecasts. The company is also speeding up its deployment of liquid cooling technology to match Nvidia&#39;s rapid growth, the report noted.</p><p>Meanwhile, ASRock, which is also based in Taiwan, has gained redirected orders from Super Micro&#39;s small and mid-sized clients, setting a record for third-quarter revenue. The fourth quarter is anticipated to peak, with annual revenue and profit guidance revised upward, according to the report.</p><p>With Nvidia&#39;s H200 shipments starting in the fourth quarter, ASRock has joined the supply list for GB200 in the second half of 2025. The company also intends to unveil liquid cooling products, supporting profit growth forcast for 2025, the report noted.</p><p>However, Super Micro&#39;s woes has potentially sent shockwaves through its supply chain, affecting vital partners such as Leadtek, backed by Ablecom Technology and Compuware Technology. This reliance on Supermicro has raised concerns over Leadtek&#39;s AI market share and performance, as per the report.</p><p>Ablecom and Compuware, whose chairmen are siblings of Super Micro&#39;s chairman, have close relations with the company. Their investment in Leadtek was reportedly steered by Leadtek&#39;s Nvidia Quadro distribution rights in China and its local network. The potential impact of this investment on Leadtek is not clear, the report added.</p><p>Orient Semiconductor Electronics, which provides packaging and testing services to Super Micro, also faces potential disruptions impacting its operations, the report stated.</p><p>Thermal management solutions supplier Auras Technology and electronic parts provider Argosy Research have also been caught in the storm. Both companies have seen reduced orders, which could affect their standing in the AI sector, the report noted.</p><p>These companies, which are part of Super Micro&#39;s supply chain, are cautiously managing the situation amid shifting client demands and revenue concerns, the report added.</p></body></html>","source":"seekingalpha_trending_news","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Moves Super Micro Orders to Other Suppliers to Maintain Supply Chain Stability - Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Moves Super Micro Orders to Other Suppliers to Maintain Supply Chain Stability - Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-05 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4242432-nvidia-moves-super-micro-orders-to-other-suppliers-to-maintain-supply-chain-stability><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia is rerouting orders previously placed with Super Micro Computer to other suppliers, to contain the disruption within the AI server industry, Digitimes reported.The move comes on the heels of ...</p>\n\n<a href=\"https://seekingalpha.com/news/4242432-nvidia-moves-super-micro-orders-to-other-suppliers-to-maintain-supply-chain-stability\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4527":"明星科技股","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4543":"AI","IE00BMPRXQ63.HKD":"NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND \"A\" (HKDHDG) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","BK4579":"人工智能","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4141":"半导体产品","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","LU0048584097.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) INC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","BK4549":"软银资本持仓","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","SMCI":"超微电脑","NVDA":"英伟达","BK4548":"巴美列捷福持仓","IE00BHPRN162.USD":"BNY MELLON BLOCKCHAIN INNOVATION \"B\" (USD) ACC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","BK4529":"IDC概念","BK4592":"伊斯兰概念","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BYXW3230.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"AA\" (USD) ACC","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD"},"source_url":"https://seekingalpha.com/news/4242432-nvidia-moves-super-micro-orders-to-other-suppliers-to-maintain-supply-chain-stability","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2481335295","content_text":"Nvidia is rerouting orders previously placed with Super Micro Computer to other suppliers, to contain the disruption within the AI server industry, Digitimes reported.The move comes on the heels of ongoing financial reporting challenges being faced by Super Micro. Reportedly, if the company does not submit its financial statements by Nov. 20, it risks another delisting, after having being delisted in 2018 for non-compliance in financial filing, the report added.Nvidia has stepped in to manage the impact of Super Micro's challenges on the larger industry, aiming to stabilize the supply chain. The U.S. chip giant is redirecting Super Micro's client orders to other providers to limit the disruption within the AI server market, the report noted.Shares of the Super Micro slumped over 45% last week, marking its worst week on record, after the auditor for the AI server maker resigned. Concerns about the company's financial statements came up in late August after Hindenburg Research issued a short report on the company. A day later, Super Micro then said it was delaying its annual 10-K filing. The company later noted that it does not expect any material changes to fiscal 2024.Last week, Super Micro announced an amendment to its loan agreement with Cathay Bank which, among other things, extends the date by which the company is required to deliver its annual results.Super Micro's client orders have been moved to other companies, with Gigabyte and ASRock seeing an increase in new orders and customer inquiries. Supply chain sources suggest that Gigabyte and ASRock have gained from Super Micro's rerouted orders, securing contracts with major clients like CoreWeave, the report added.Taiwan-based Gigabyte has raised its fourth-quarter and annual server revenue forecasts. The company is also speeding up its deployment of liquid cooling technology to match Nvidia's rapid growth, the report noted.Meanwhile, ASRock, which is also based in Taiwan, has gained redirected orders from Super Micro's small and mid-sized clients, setting a record for third-quarter revenue. The fourth quarter is anticipated to peak, with annual revenue and profit guidance revised upward, according to the report.With Nvidia's H200 shipments starting in the fourth quarter, ASRock has joined the supply list for GB200 in the second half of 2025. The company also intends to unveil liquid cooling products, supporting profit growth forcast for 2025, the report noted.However, Super Micro's woes has potentially sent shockwaves through its supply chain, affecting vital partners such as Leadtek, backed by Ablecom Technology and Compuware Technology. This reliance on Supermicro has raised concerns over Leadtek's AI market share and performance, as per the report.Ablecom and Compuware, whose chairmen are siblings of Super Micro's chairman, have close relations with the company. Their investment in Leadtek was reportedly steered by Leadtek's Nvidia Quadro distribution rights in China and its local network. The potential impact of this investment on Leadtek is not clear, the report added.Orient Semiconductor Electronics, which provides packaging and testing services to Super Micro, also faces potential disruptions impacting its operations, the report stated.Thermal management solutions supplier Auras Technology and electronic parts provider Argosy Research have also been caught in the storm. Both companies have seen reduced orders, which could affect their standing in the AI sector, the report noted.These companies, which are part of Super Micro's supply chain, are cautiously managing the situation amid shifting client demands and revenue concerns, the report added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367831776940088,"gmtCreate":1730820430862,"gmtModify":1730820434537,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"What's gona happen to investors who have their shares&nbsp;","listText":"What's gona happen to investors who have their shares&nbsp;","text":"What's gona happen to investors who have their shares","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367831776940088","repostId":"1129826667","repostType":2,"repost":{"id":"1129826667","pubTimestamp":1730814307,"share":"https://ttm.financial/m/news/1129826667?lang=&edition=fundamental","pubTime":"2024-11-05 21:45","market":"us","language":"en","title":"Super Micro Faces Delisting, S&P 500 Removal Amid Auditor Woes","url":"https://stock-news.laohu8.com/highlight/detail?id=1129826667","media":"Bloomberg","summary":"Company is due to provide a business update after market closeStock is down more than 75% from March high as filings delayedSuper Micro Computer Inc. started the year as a hot artificial intelligence ","content":"<html><head></head><body><ul style=\"\"><li><p>Company is due to provide a business update after market close</p></li><li><p>Stock is down more than 75% from March high as filings delayed</p></li></ul><p>Super Micro Computer Inc. started the year as a hot artificial intelligence trade. But just eight months after shares hit a record high, investors are asking whether the server maker will be delisted by Nasdaq Inc. and booted from the S&amp;P 500.</p><p>The troubled firm — which has seen shares plummet more than 75% since March — is due to give a business update on Tuesday after the close. Top of mind is what it says about meeting Nasdaq Inc.’s compliance obligations following the resignation of auditor Ernst &amp; Young LLP last week. The auditor cited concerns about Super Micro’s commitment to integrity and ethics — a blow that follows a US Department of Justice probe and a damaging short-seller report earlier this year.</p><p>Super Micro’s listing status was already looking shaky after it failed to file its annual 10-K report by an August deadline. Nasdaq rules give the company until mid-November to submit a plan to restore it to compliance, and if that plan is approved, it could get extra time — pushing the deadline to February 2025. But the resignation of Ernst &amp; Young makes that more challenging.</p><p>“I think that they probably end up getting delisted just because of the timelines involved,” Wedbush analyst Matt Bryson said in an interview. “How do they get their 10-K out in just a few months when they don’t have an auditor and their last auditor resigned?”</p><p>Representatives for Super Micro, Nasdaq and S&amp;P Global, which owns the S&amp;P 500 Index, declined to comment.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/26127bb365cfbcd4fcf43fc62f9e8a49\" alt=\"\" title=\"\" tg-width=\"1200\" tg-height=\"675\"/></p><p>A Nasdaq delisting would be the latest development in a tumultuous year. Super Micro shares were flying high at the start of 2024, with Wall Street enthusiastic about AI-fueled demand for its high-powered data center servers, and the company winning inclusion in the S&amp;P 500. But investors have been bailing as issues pile up, with the 10-K filing delay followed by news that regulators are looking into an ex-employee’s claims that the company sought to overstate its revenue.</p><p>At the time of Ernst &amp; Young’s resignation, Super Micro said it doesn’t expect the issue to lead to restatements of previously issued financial reports, and that it has begun the process of identifying another auditor.</p><p>But some analysts are more wary. “We now believe there is meaningful risk that prior financial statements may have to be restated once a new public accounting firm is hired,” Needham analysts led by N Quinn Bolton wrote last week, suspending coverage on Super Micro shares.</p><p>A Nasdaq delisting could also trigger removal from the S&amp;P 500 — leading to forced selling of the shares by institutions, according to Bloomberg Intelligence analysts led by Woo Jin Ho. He added that about 24% of Super Micro’s shares are held in passive funds, and about 8% are owned by S&amp;P 500-related funds.</p><p>It wouldn’t be the first time that Super Micro has been delisted. The company was delisted in 2019 after failing to meet deadlines to file a 10-K and several quarterly reports. It got approval to rejoin in 2020. The same year, Super Micro resolved an investigation by the US Securities and Exchange Commission into its accounting by paying a $17.5 million penalty. Super Micro didn’t admit to or deny the regulator’s allegations as part of its settlement.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a5659ec2755162f44d1703cf0255baf3\" tg-width=\"638\" tg-height=\"343\"/></p><p>Wedbush analyst Bryson noted that the last time Super Micro was delisted, growth stalled for two years. Customers can be spooked by financial issues because it may suggest disruption in the company’s ability to deliver products in a timely way, he added.</p><p>Bloomberg Intelligence’s Jin Ho agrees. “While any impact on sales won’t be immediate, risks for order cancellations will grow given the rising number of alternative rivals to its still-dominant position in AI servers for data centers,” he wrote.</p><p>Dell Technologies Inc. could be a potential beneficiary, he added.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Faces Delisting, S&P 500 Removal Amid Auditor Woes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Faces Delisting, S&P 500 Removal Amid Auditor Woes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-05 21:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-11-05/super-micro-faces-delisting-s-p-500-removal-amid-auditor-woes?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Company is due to provide a business update after market closeStock is down more than 75% from March high as filings delayedSuper Micro Computer Inc. started the year as a hot artificial intelligence ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-11-05/super-micro-faces-delisting-s-p-500-removal-amid-auditor-woes?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SMCI":"超微电脑"},"source_url":"https://www.bloomberg.com/news/articles/2024-11-05/super-micro-faces-delisting-s-p-500-removal-amid-auditor-woes?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129826667","content_text":"Company is due to provide a business update after market closeStock is down more than 75% from March high as filings delayedSuper Micro Computer Inc. started the year as a hot artificial intelligence trade. But just eight months after shares hit a record high, investors are asking whether the server maker will be delisted by Nasdaq Inc. and booted from the S&P 500.The troubled firm — which has seen shares plummet more than 75% since March — is due to give a business update on Tuesday after the close. Top of mind is what it says about meeting Nasdaq Inc.’s compliance obligations following the resignation of auditor Ernst & Young LLP last week. The auditor cited concerns about Super Micro’s commitment to integrity and ethics — a blow that follows a US Department of Justice probe and a damaging short-seller report earlier this year.Super Micro’s listing status was already looking shaky after it failed to file its annual 10-K report by an August deadline. Nasdaq rules give the company until mid-November to submit a plan to restore it to compliance, and if that plan is approved, it could get extra time — pushing the deadline to February 2025. But the resignation of Ernst & Young makes that more challenging.“I think that they probably end up getting delisted just because of the timelines involved,” Wedbush analyst Matt Bryson said in an interview. “How do they get their 10-K out in just a few months when they don’t have an auditor and their last auditor resigned?”Representatives for Super Micro, Nasdaq and S&P Global, which owns the S&P 500 Index, declined to comment.A Nasdaq delisting would be the latest development in a tumultuous year. Super Micro shares were flying high at the start of 2024, with Wall Street enthusiastic about AI-fueled demand for its high-powered data center servers, and the company winning inclusion in the S&P 500. But investors have been bailing as issues pile up, with the 10-K filing delay followed by news that regulators are looking into an ex-employee’s claims that the company sought to overstate its revenue.At the time of Ernst & Young’s resignation, Super Micro said it doesn’t expect the issue to lead to restatements of previously issued financial reports, and that it has begun the process of identifying another auditor.But some analysts are more wary. “We now believe there is meaningful risk that prior financial statements may have to be restated once a new public accounting firm is hired,” Needham analysts led by N Quinn Bolton wrote last week, suspending coverage on Super Micro shares.A Nasdaq delisting could also trigger removal from the S&P 500 — leading to forced selling of the shares by institutions, according to Bloomberg Intelligence analysts led by Woo Jin Ho. He added that about 24% of Super Micro’s shares are held in passive funds, and about 8% are owned by S&P 500-related funds.It wouldn’t be the first time that Super Micro has been delisted. The company was delisted in 2019 after failing to meet deadlines to file a 10-K and several quarterly reports. It got approval to rejoin in 2020. The same year, Super Micro resolved an investigation by the US Securities and Exchange Commission into its accounting by paying a $17.5 million penalty. Super Micro didn’t admit to or deny the regulator’s allegations as part of its settlement.Wedbush analyst Bryson noted that the last time Super Micro was delisted, growth stalled for two years. Customers can be spooked by financial issues because it may suggest disruption in the company’s ability to deliver products in a timely way, he added.Bloomberg Intelligence’s Jin Ho agrees. “While any impact on sales won’t be immediate, risks for order cancellations will grow given the rising number of alternative rivals to its still-dominant position in AI servers for data centers,” he wrote.Dell Technologies Inc. could be a potential beneficiary, he added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367486395531568,"gmtCreate":1730733464181,"gmtModify":1730733784341,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TNL\">$Travel Plus Leisure Co.(TNL)$ </a> most travel related businesses went above their previous pre-covid&nbsp;peak but why is this still stuck at cov19 levels?&nbsp;","listText":"<a href=\"https://ttm.financial/S/TNL\">$Travel Plus Leisure Co.(TNL)$ </a> most travel related businesses went above their previous pre-covid&nbsp;peak but why is this still stuck at cov19 levels?&nbsp;","text":"$Travel Plus Leisure Co.(TNL)$ most travel related businesses went above their previous pre-covid peak but why is this still stuck at cov19 levels?","images":[{"img":"https://community-static.tradeup.com/news/f4912c553bec3976f283c103e512b88f","width":"882","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/367486395531568","isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"10000000000010968","authorId":"10000000000010968","name":"Tiger_CBA","avatar":"https://community-static.tradeup.com/news/ae2d4002ef9664aba005cb3020f416f5","crmLevel":1,"crmLevelSwitch":0,"idStr":"10000000000010968","authorIdStr":"10000000000010968"},"content":"Remember, investing is a marathon, not a sprint. It's natural to face ups and downs. Stay focused on your long-term goals. You’re welcome to open a Tiger Cash Boost Account and use contra trading to enhance your strategies. Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.","text":"Remember, investing is a marathon, not a sprint. It's natural to face ups and downs. Stay focused on your long-term goals. You’re welcome to open a Tiger Cash Boost Account and use contra trading to enhance your strategies. Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.","html":"Remember, investing is a marathon, not a sprint. It's natural to face ups and downs. Stay focused on your long-term goals. You’re welcome to open a Tiger Cash Boost Account and use contra trading to enhance your strategies. Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website."}],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":373472435917096,"gmtCreate":1732219662379,"gmtModify":1732219667557,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MSTR\">$MicroStrategy(MSTR)$ </a> citron research is the cause&nbsp;","listText":"<a href=\"https://ttm.financial/S/MSTR\">$MicroStrategy(MSTR)$ </a> citron research is the cause&nbsp;","text":"$MicroStrategy(MSTR)$ citron research is the cause","images":[{"img":"https://community-static.tradeup.com/news/6913c8f7a0c287682a91ca4484662d26","width":"882","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":20,"link":"https://ttm.financial/post/373472435917096","isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":373414995095840,"gmtCreate":1732201689626,"gmtModify":1732201693663,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MSTR\">$MicroStrategy(MSTR)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/MSTR\">$MicroStrategy(MSTR)$ </a>&nbsp;","text":"$MicroStrategy(MSTR)$","images":[{"img":"https://community-static.tradeup.com/news/14fc4d046026c38d8c27ad392489a884","width":"882","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/373414995095840","isVote":1,"tweetType":1,"viewCount":863,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"10000000000010968","authorId":"10000000000010968","name":"Tiger_CBA","avatar":"https://community-static.tradeup.com/news/ae2d4002ef9664aba005cb3020f416f5","crmLevel":1,"crmLevelSwitch":0,"idStr":"10000000000010968","authorIdStr":"10000000000010968"},"content":"Investing is about growth over time. Don't let temporary setbacks overshadow the potential for long-term gains. You’re welcome to open a Tiger Cash Boost Account and use contra trading to enhance your strategies. Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.","text":"Investing is about growth over time. Don't let temporary setbacks overshadow the potential for long-term gains. You’re welcome to open a Tiger Cash Boost Account and use contra trading to enhance your strategies. Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.","html":"Investing is about growth over time. Don't let temporary setbacks overshadow the potential for long-term gains. You’re welcome to open a Tiger Cash Boost Account and use contra trading to enhance your strategies. Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":372728020095208,"gmtCreate":1732040721574,"gmtModify":1732040725391,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MRNA\">$Moderna, Inc.(MRNA)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/MRNA\">$Moderna, Inc.(MRNA)$ </a>&nbsp;","text":"$Moderna, Inc.(MRNA)$","images":[{"img":"https://community-static.tradeup.com/news/da0f3600d82fdf464579d01879d009ae","width":"882","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372728020095208","isVote":1,"tweetType":1,"viewCount":18,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":367741258092896,"gmtCreate":1730821148854,"gmtModify":1730884326529,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"There was a time I was a shareholder of a company. Despite years of asking for their annual stay, I wasn't given any and told to pop by the office to view the physical copy. The copy should not be removed from the office. Does this sound right? Years later, they filed for bankruptcy and told every shareholder they're not getting anything back.&nbsp;","listText":"There was a time I was a shareholder of a company. Despite years of asking for their annual stay, I wasn't given any and told to pop by the office to view the physical copy. The copy should not be removed from the office. Does this sound right? Years later, they filed for bankruptcy and told every shareholder they're not getting anything back.&nbsp;","text":"There was a time I was a shareholder of a company. Despite years of asking for their annual stay, I wasn't given any and told to pop by the office to view the physical copy. The copy should not be removed from the office. Does this sound right? Years later, they filed for bankruptcy and told every shareholder they're not getting anything back.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/367741258092896","repostId":"2481670835","repostType":2,"repost":{"id":"2481670835","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1730794271,"share":"https://ttm.financial/m/news/2481670835?lang=&edition=fundamental","pubTime":"2024-11-05 16:11","market":"hk","language":"en","title":"Super Micro Needs a New CEO Before Its AI Advantage Erodes","url":"https://stock-news.laohu8.com/highlight/detail?id=2481670835","media":"Dow Jones","summary":"The AI-server maker needs change at the top to recapture the trust of investors and customers. Super Micro Computer Inc. was an early beneficiary of the artificial-intelligence boom. But with the server maker under an accounting cloud, Super Micro now needs its chief executive to step down so it can fully realize the benefits of that trend.Last week, the abrupt resignation of the company's auditors Ernst & Young marked the second time in six years under Chief Executive Charles Liang's leadership that Super Micro has been accused by of improper internal financial controls. The company faces the possibility of a second delisting, as it delayed and still has not yet filed its annual report for fiscal 2024.Liang co-founded Super Micro with his wife, Sara Liu, who is described in the company's last annual report from fiscal 2023 as senior vice president and director, and h","content":"<html><head></head><body><p>Super Micro Computer Inc. was an early beneficiary of the artificial-intelligence boom. But with the server maker under an accounting cloud, Super Micro now needs its chief executive to step down so it can fully realize the benefits of that trend.</p><p>Last week, the abrupt resignation of the company&#39;s auditors Ernst &amp; Young marked the second time in six years under Chief Executive Charles Liang&#39;s leadership that Super Micro has been accused by of improper internal financial controls. The company faces the possibility of a second delisting, as it delayed and still has not yet filed its annual report for fiscal 2024.</p><p>Deloitte &amp; Touche&#39;s last audit of the company took place in fiscal 2023, and Super Micro <a href=\"https://laohu8.com/S/SMCI\">$(SMCI)$</a> asked shareholders to ratify EY as its new auditors at its 2023 annual meeting. One accounting expert, Francine McKenna, said that it is going to be tough for the company to find another auditor among the remaining Big Four accounting firms that Super Micro has not worked with. The remaining two, KPMG and PWC, would likely want big management changes at the top, such as the resignation of the CEO and possibly the CFO, and a new audit committee, according to McKenna, a former MarketWatch reporter.</p><p>&#34;They are obviously a very complex, problematic, recidivist, high-profile company,&#34; McKenna said. &#34;They have allegations by the DOJ, they have an activist short-seller report. Is another Big Four, either KPMG or PWC, going to take them on?&#34;</p><p>One precedent cited by McKenna, who writes The Dig, a newsletter on accounting, audit and corporate governance, comes from 2004, when electronics components maker Molex&#39;s outside auditor resigned in another so-called noisy resignation. Ernst &amp; Young took over as Molex&#39;s auditors in 2004 on the condition that its CEO and CFO resign.</p><p>The clock is ticking for Super Micro to find a new auditor as the company has until Nov. 16 to submit a plan on its timeline to file its annual report, which has to be approved by the Nasdaq. The company will be hosting a business update call on Tuesday, but it will not release earnings.</p><p>More recently, there was a similar situation in 2016 at Marvell Technology Inc. <a href=\"https://laohu8.com/S/MRVL\">$(MRVL)$</a>, which fired its co-founding husband-and-wife team, CEO Sehat Sutardja and President Weili Dai, after accounting issues led to an audit-committee investigation into its revenue-recognition policies, and probes by regulators. The co-founders remained on Marvell&#39;s board at the time. Marvell&#39;s investigation found no evidence of fraud but said that the &#34;tone at the top&#34; included pressure to meet revenue targets.</p><p>Liang co-founded Super Micro with his wife, Sara Liu, who is described in the company&#39;s last annual report from fiscal 2023 as senior vice president and director, and has had various positions, including treasurer.</p><p>Super Micro has seen revenue boom recently thanks to surging demand for artificial-intelligence servers, and at their highest point of 2024, Super Micro shares were up more than 300% on the year. But while Liang led the company to great heights, he&#39;s remained in charge for a precipitous fall in the stock price, as investors weigh the accounting concerns as well as margin pressures in the AI-server business. It is also being probed by the Department of Justice, and its stock has now erased its year-to-date gains.</p><p>Super Micro said in an SEC filing it doesn&#39;t believe that the ongoing review of its financial controls will lead to a restatement of past financial results and it disagrees with EY&#39;s decision. But the matter has become a dark cloud over the stock. Liang should step down so that the company can regain the trust of Wall Street and customers. A Melius Research analyst recently hypothesized that customers are now paying attention to Super Micro&#39;s saga, which could help competitor Dell Technologies Inc. <a href=\"https://laohu8.com/S/DELL\">$(DELL)$</a> down the line.</p><p>A Super Micro spokesman referred to the company&#39;s past statements on the matter, and did not provide a comment on the board&#39;s continued support of Liang.</p><p>Comments from Ernst &amp; Young, cited in a regulatory filing by Super Micro, indicated that the auditors believe the company&#39;s board and audit committee are not independent from the CEO. EY said information it received as part of a special committee review &#34;raised questions, including about whether the company demonstrates a commitment to integrity and ethical values&#34; consistent with good financial-control principles, and &#34;about the ability and willingness of the audit committee and overall board to demonstrate and act as an oversight body...independent of the CEO.&#34;</p><p>EY added that the company was &#34;unwilling to be associated with the financial statements prepared by management,&#34; according to the filing.</p><p>Accounting experts said it is extremely rare for an audit firm, especially one of the Big Four, to disclose their reasons for resigning.</p><p>&#34;I suspect this happens a lot more than we see, except that the audit firms don&#39;t talk about it,&#34; said Shiva Rajgopal, a professor of accounting and auditing at Columbia Business School. &#34;This is the nuclear option. This must be really bad, otherwise they would not have gone public.&#34;</p><p>McKenna said it&#39;s possible a smaller, lesser-known accounting firm could take the company on as a client, but she fears that that a smaller firm &#34;would not have the experience, competence or the national-office backing - the oomph, the gravitas - to get these these guys to shape up,&#34; she said. She added that regulators would likely not be as hard on the company if there are significant changes at the top. &#34;The only way they could come out of it is if one of the other Big Four agreed to take it on and insisted on significant management and board changes.&#34;</p><p>In 2018, the Nasdaq began its previous delisting procedures. Super Micro <a href=\"https://laohu8.com/S/SMCI.UK\">$(SMCI.UK)$</a> did not file its fiscal 2017 financial reports on time, saying it had to compile and analyze certain information to finalize the documentation and complete a related audit-committee investigation. In January 2020, it was approved for relisting, and Liang was ordered by the Securities and Exchange Commission to reimburse Super Micro $2.1 million for stock profits he realized during the accounting period under question.</p><p>In one example of how close the company&#39;s board is to Liang, in March 2020, Super Micro&#39;s board agreed to give him a one-time payment of up to $8 million if the company&#39;s stock price met certain targets, to reward him for his &#34;valuable contributions and loyal service&#34; particularly during through the period &#34;when the company was not current in its SEC filings.&#34;</p><p>Liang was not accused of wrongdoing at that time, but then-Chief Financial Officer Howard Hideshima was charged with prematurely recognizing revenue and understating expenses over a period of at least three years, and the company paid a $17.5 million civil penalty, without admitting or denying the SEC&#39;s finding.</p><p>Hideshima, who was ordered to pay $350,000 to the SEC, now says on his LinkedIn page that he is working as a consultant for Ablecom Technology Inc., a manufacturing partner of Super Micro run by Steve Liang, Charles&#39;s brother. Charles Liang and his wife own 10% of Ablecom.</p><p>The company has disclosed all of these related-party associations in its 10K filings, except for mentioning that its former CFO, who was charged in its former accounting debacle, still works for companies associated with Charles Liang. Steve Liang and another brother, Bill Liang, are also on the board of Ablecom. These related parties were highlighted as problematic in a short-seller report in August by Hindenburg Research.</p><p>Liang repeatedly has said in interviews over the past few years that the company fixed the internal-control issues that led to its previous delisting, including in an interview to MarketWatch in 2023.</p><p>This past August, when Hindenburg detailed what it found as red flags, it also highlighted a whistleblower lawsuit filed against the company in April, in which the plaintiff, Bob Luong, alleged how Super Micro misallocated revenue to hardware from services to inflate margins in its hardware business. A recurring concern among Wall Street analysts has been the low gross margins in its server business, even as revenue has surged due to a boost in sales for AI data centers.</p><p>In early September, Super Micro said that the Hindenburg report was misleading and that it does not expect its delayed annual report to contain materially different results from those already reported. Liang also said in a letter to investors and customers that the Hindenburg report contained &#34;misleading presentations of information that we have previously shared publicly.&#34; In July, after EY told the board&#39;s audit committee about its concerns about Super Micro&#39;s financial controls, an independent special committee was formed to review certain internal controls and certain corporate-governance procedures.</p><p>Liang owns over 11% of Super Micro stock, according to FactSet, but he is also seen as a key to the company, which warned in its fiscal 2023 annual report that it had no succession plan. &#34;His experience in leading our business and his personal involvement in key relationships with suppliers, customers and strategic partners are extremely valuable to our company,&#34; Super Micro said in that August 2023 filing. &#34;We currently do not have a succession plan for the replacement of Mr. Liang if it were to become necessary.&#34;</p><p>In a June 2023 interview with MarketWatch, Liang was asked about a succession plan, and said the company &#34;was planning, for sure,&#34; but he declined to provide any further details. Liang has been an early advocate for green computing, a key issue coming up now with power-hungry AI servers. He was described in a report by short-seller Spruce Point Capital Management in early 2023 as &#34;a genius&#34; by a former employee and described as a &#34;counter-thinker.&#34;</p><p>&#34;It&#39;s a liability. If he were to go, there&#39;s nothing behind him. There&#39;s a vacuum,&#34; the former employee told Spruce Point Capital at the time.</p><p>Now the company should start to think about succession earlier than expected, or risk that customers will make their future purchases elsewhere, all while investor trust dwindles. If Liang were to step down, Super Micro potentially could get a Big Four auditor to help it regain the confidence of the financial community.</p><p>As the saying goes, something appears to be rotten in Denmark, and the CEO needs to give someone else the chance to return the company to its former glory.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Needs a New CEO Before Its AI Advantage Erodes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Needs a New CEO Before Its AI Advantage Erodes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-05 16:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Super Micro Computer Inc. was an early beneficiary of the artificial-intelligence boom. But with the server maker under an accounting cloud, Super Micro now needs its chief executive to step down so it can fully realize the benefits of that trend.</p><p>Last week, the abrupt resignation of the company&#39;s auditors Ernst &amp; Young marked the second time in six years under Chief Executive Charles Liang&#39;s leadership that Super Micro has been accused by of improper internal financial controls. The company faces the possibility of a second delisting, as it delayed and still has not yet filed its annual report for fiscal 2024.</p><p>Deloitte &amp; Touche&#39;s last audit of the company took place in fiscal 2023, and Super Micro <a href=\"https://laohu8.com/S/SMCI\">$(SMCI)$</a> asked shareholders to ratify EY as its new auditors at its 2023 annual meeting. One accounting expert, Francine McKenna, said that it is going to be tough for the company to find another auditor among the remaining Big Four accounting firms that Super Micro has not worked with. The remaining two, KPMG and PWC, would likely want big management changes at the top, such as the resignation of the CEO and possibly the CFO, and a new audit committee, according to McKenna, a former MarketWatch reporter.</p><p>&#34;They are obviously a very complex, problematic, recidivist, high-profile company,&#34; McKenna said. &#34;They have allegations by the DOJ, they have an activist short-seller report. Is another Big Four, either KPMG or PWC, going to take them on?&#34;</p><p>One precedent cited by McKenna, who writes The Dig, a newsletter on accounting, audit and corporate governance, comes from 2004, when electronics components maker Molex&#39;s outside auditor resigned in another so-called noisy resignation. Ernst &amp; Young took over as Molex&#39;s auditors in 2004 on the condition that its CEO and CFO resign.</p><p>The clock is ticking for Super Micro to find a new auditor as the company has until Nov. 16 to submit a plan on its timeline to file its annual report, which has to be approved by the Nasdaq. The company will be hosting a business update call on Tuesday, but it will not release earnings.</p><p>More recently, there was a similar situation in 2016 at Marvell Technology Inc. <a href=\"https://laohu8.com/S/MRVL\">$(MRVL)$</a>, which fired its co-founding husband-and-wife team, CEO Sehat Sutardja and President Weili Dai, after accounting issues led to an audit-committee investigation into its revenue-recognition policies, and probes by regulators. The co-founders remained on Marvell&#39;s board at the time. Marvell&#39;s investigation found no evidence of fraud but said that the &#34;tone at the top&#34; included pressure to meet revenue targets.</p><p>Liang co-founded Super Micro with his wife, Sara Liu, who is described in the company&#39;s last annual report from fiscal 2023 as senior vice president and director, and has had various positions, including treasurer.</p><p>Super Micro has seen revenue boom recently thanks to surging demand for artificial-intelligence servers, and at their highest point of 2024, Super Micro shares were up more than 300% on the year. But while Liang led the company to great heights, he&#39;s remained in charge for a precipitous fall in the stock price, as investors weigh the accounting concerns as well as margin pressures in the AI-server business. It is also being probed by the Department of Justice, and its stock has now erased its year-to-date gains.</p><p>Super Micro said in an SEC filing it doesn&#39;t believe that the ongoing review of its financial controls will lead to a restatement of past financial results and it disagrees with EY&#39;s decision. But the matter has become a dark cloud over the stock. Liang should step down so that the company can regain the trust of Wall Street and customers. A Melius Research analyst recently hypothesized that customers are now paying attention to Super Micro&#39;s saga, which could help competitor Dell Technologies Inc. <a href=\"https://laohu8.com/S/DELL\">$(DELL)$</a> down the line.</p><p>A Super Micro spokesman referred to the company&#39;s past statements on the matter, and did not provide a comment on the board&#39;s continued support of Liang.</p><p>Comments from Ernst &amp; Young, cited in a regulatory filing by Super Micro, indicated that the auditors believe the company&#39;s board and audit committee are not independent from the CEO. EY said information it received as part of a special committee review &#34;raised questions, including about whether the company demonstrates a commitment to integrity and ethical values&#34; consistent with good financial-control principles, and &#34;about the ability and willingness of the audit committee and overall board to demonstrate and act as an oversight body...independent of the CEO.&#34;</p><p>EY added that the company was &#34;unwilling to be associated with the financial statements prepared by management,&#34; according to the filing.</p><p>Accounting experts said it is extremely rare for an audit firm, especially one of the Big Four, to disclose their reasons for resigning.</p><p>&#34;I suspect this happens a lot more than we see, except that the audit firms don&#39;t talk about it,&#34; said Shiva Rajgopal, a professor of accounting and auditing at Columbia Business School. &#34;This is the nuclear option. This must be really bad, otherwise they would not have gone public.&#34;</p><p>McKenna said it&#39;s possible a smaller, lesser-known accounting firm could take the company on as a client, but she fears that that a smaller firm &#34;would not have the experience, competence or the national-office backing - the oomph, the gravitas - to get these these guys to shape up,&#34; she said. She added that regulators would likely not be as hard on the company if there are significant changes at the top. &#34;The only way they could come out of it is if one of the other Big Four agreed to take it on and insisted on significant management and board changes.&#34;</p><p>In 2018, the Nasdaq began its previous delisting procedures. Super Micro <a href=\"https://laohu8.com/S/SMCI.UK\">$(SMCI.UK)$</a> did not file its fiscal 2017 financial reports on time, saying it had to compile and analyze certain information to finalize the documentation and complete a related audit-committee investigation. In January 2020, it was approved for relisting, and Liang was ordered by the Securities and Exchange Commission to reimburse Super Micro $2.1 million for stock profits he realized during the accounting period under question.</p><p>In one example of how close the company&#39;s board is to Liang, in March 2020, Super Micro&#39;s board agreed to give him a one-time payment of up to $8 million if the company&#39;s stock price met certain targets, to reward him for his &#34;valuable contributions and loyal service&#34; particularly during through the period &#34;when the company was not current in its SEC filings.&#34;</p><p>Liang was not accused of wrongdoing at that time, but then-Chief Financial Officer Howard Hideshima was charged with prematurely recognizing revenue and understating expenses over a period of at least three years, and the company paid a $17.5 million civil penalty, without admitting or denying the SEC&#39;s finding.</p><p>Hideshima, who was ordered to pay $350,000 to the SEC, now says on his LinkedIn page that he is working as a consultant for Ablecom Technology Inc., a manufacturing partner of Super Micro run by Steve Liang, Charles&#39;s brother. Charles Liang and his wife own 10% of Ablecom.</p><p>The company has disclosed all of these related-party associations in its 10K filings, except for mentioning that its former CFO, who was charged in its former accounting debacle, still works for companies associated with Charles Liang. Steve Liang and another brother, Bill Liang, are also on the board of Ablecom. These related parties were highlighted as problematic in a short-seller report in August by Hindenburg Research.</p><p>Liang repeatedly has said in interviews over the past few years that the company fixed the internal-control issues that led to its previous delisting, including in an interview to MarketWatch in 2023.</p><p>This past August, when Hindenburg detailed what it found as red flags, it also highlighted a whistleblower lawsuit filed against the company in April, in which the plaintiff, Bob Luong, alleged how Super Micro misallocated revenue to hardware from services to inflate margins in its hardware business. A recurring concern among Wall Street analysts has been the low gross margins in its server business, even as revenue has surged due to a boost in sales for AI data centers.</p><p>In early September, Super Micro said that the Hindenburg report was misleading and that it does not expect its delayed annual report to contain materially different results from those already reported. Liang also said in a letter to investors and customers that the Hindenburg report contained &#34;misleading presentations of information that we have previously shared publicly.&#34; In July, after EY told the board&#39;s audit committee about its concerns about Super Micro&#39;s financial controls, an independent special committee was formed to review certain internal controls and certain corporate-governance procedures.</p><p>Liang owns over 11% of Super Micro stock, according to FactSet, but he is also seen as a key to the company, which warned in its fiscal 2023 annual report that it had no succession plan. &#34;His experience in leading our business and his personal involvement in key relationships with suppliers, customers and strategic partners are extremely valuable to our company,&#34; Super Micro said in that August 2023 filing. &#34;We currently do not have a succession plan for the replacement of Mr. Liang if it were to become necessary.&#34;</p><p>In a June 2023 interview with MarketWatch, Liang was asked about a succession plan, and said the company &#34;was planning, for sure,&#34; but he declined to provide any further details. Liang has been an early advocate for green computing, a key issue coming up now with power-hungry AI servers. He was described in a report by short-seller Spruce Point Capital Management in early 2023 as &#34;a genius&#34; by a former employee and described as a &#34;counter-thinker.&#34;</p><p>&#34;It&#39;s a liability. If he were to go, there&#39;s nothing behind him. There&#39;s a vacuum,&#34; the former employee told Spruce Point Capital at the time.</p><p>Now the company should start to think about succession earlier than expected, or risk that customers will make their future purchases elsewhere, all while investor trust dwindles. If Liang were to step down, Super Micro potentially could get a Big Four auditor to help it regain the confidence of the financial community.</p><p>As the saying goes, something appears to be rotten in Denmark, and the CEO needs to give someone else the chance to return the company to its former glory.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4581":"高盛持仓","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","BK4170":"电脑硬件、储存设备及电脑周边","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0056508442.USD":"贝莱德世界科技基金A2","LU2473716301.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMF\" (USD) INC","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","MRVL":"迈威尔科技","BK4515":"5G概念","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","BK4585":"ETF&股票定投概念","LU2322448791.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (USD) INC","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","LU2322448957.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (HKD) INC","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","BK4535":"淡马锡持仓","SMCI":"超微电脑","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4141":"半导体产品","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","BK4588":"碎股","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1548497426.USD":"安联环球人工智能AT Acc","LU2272731865.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AM\" (HKD) INC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2481670835","content_text":"Super Micro Computer Inc. was an early beneficiary of the artificial-intelligence boom. But with the server maker under an accounting cloud, Super Micro now needs its chief executive to step down so it can fully realize the benefits of that trend.Last week, the abrupt resignation of the company's auditors Ernst & Young marked the second time in six years under Chief Executive Charles Liang's leadership that Super Micro has been accused by of improper internal financial controls. The company faces the possibility of a second delisting, as it delayed and still has not yet filed its annual report for fiscal 2024.Deloitte & Touche's last audit of the company took place in fiscal 2023, and Super Micro $(SMCI)$ asked shareholders to ratify EY as its new auditors at its 2023 annual meeting. One accounting expert, Francine McKenna, said that it is going to be tough for the company to find another auditor among the remaining Big Four accounting firms that Super Micro has not worked with. The remaining two, KPMG and PWC, would likely want big management changes at the top, such as the resignation of the CEO and possibly the CFO, and a new audit committee, according to McKenna, a former MarketWatch reporter.\"They are obviously a very complex, problematic, recidivist, high-profile company,\" McKenna said. \"They have allegations by the DOJ, they have an activist short-seller report. Is another Big Four, either KPMG or PWC, going to take them on?\"One precedent cited by McKenna, who writes The Dig, a newsletter on accounting, audit and corporate governance, comes from 2004, when electronics components maker Molex's outside auditor resigned in another so-called noisy resignation. Ernst & Young took over as Molex's auditors in 2004 on the condition that its CEO and CFO resign.The clock is ticking for Super Micro to find a new auditor as the company has until Nov. 16 to submit a plan on its timeline to file its annual report, which has to be approved by the Nasdaq. The company will be hosting a business update call on Tuesday, but it will not release earnings.More recently, there was a similar situation in 2016 at Marvell Technology Inc. $(MRVL)$, which fired its co-founding husband-and-wife team, CEO Sehat Sutardja and President Weili Dai, after accounting issues led to an audit-committee investigation into its revenue-recognition policies, and probes by regulators. The co-founders remained on Marvell's board at the time. Marvell's investigation found no evidence of fraud but said that the \"tone at the top\" included pressure to meet revenue targets.Liang co-founded Super Micro with his wife, Sara Liu, who is described in the company's last annual report from fiscal 2023 as senior vice president and director, and has had various positions, including treasurer.Super Micro has seen revenue boom recently thanks to surging demand for artificial-intelligence servers, and at their highest point of 2024, Super Micro shares were up more than 300% on the year. But while Liang led the company to great heights, he's remained in charge for a precipitous fall in the stock price, as investors weigh the accounting concerns as well as margin pressures in the AI-server business. It is also being probed by the Department of Justice, and its stock has now erased its year-to-date gains.Super Micro said in an SEC filing it doesn't believe that the ongoing review of its financial controls will lead to a restatement of past financial results and it disagrees with EY's decision. But the matter has become a dark cloud over the stock. Liang should step down so that the company can regain the trust of Wall Street and customers. A Melius Research analyst recently hypothesized that customers are now paying attention to Super Micro's saga, which could help competitor Dell Technologies Inc. $(DELL)$ down the line.A Super Micro spokesman referred to the company's past statements on the matter, and did not provide a comment on the board's continued support of Liang.Comments from Ernst & Young, cited in a regulatory filing by Super Micro, indicated that the auditors believe the company's board and audit committee are not independent from the CEO. EY said information it received as part of a special committee review \"raised questions, including about whether the company demonstrates a commitment to integrity and ethical values\" consistent with good financial-control principles, and \"about the ability and willingness of the audit committee and overall board to demonstrate and act as an oversight body...independent of the CEO.\"EY added that the company was \"unwilling to be associated with the financial statements prepared by management,\" according to the filing.Accounting experts said it is extremely rare for an audit firm, especially one of the Big Four, to disclose their reasons for resigning.\"I suspect this happens a lot more than we see, except that the audit firms don't talk about it,\" said Shiva Rajgopal, a professor of accounting and auditing at Columbia Business School. \"This is the nuclear option. This must be really bad, otherwise they would not have gone public.\"McKenna said it's possible a smaller, lesser-known accounting firm could take the company on as a client, but she fears that that a smaller firm \"would not have the experience, competence or the national-office backing - the oomph, the gravitas - to get these these guys to shape up,\" she said. She added that regulators would likely not be as hard on the company if there are significant changes at the top. \"The only way they could come out of it is if one of the other Big Four agreed to take it on and insisted on significant management and board changes.\"In 2018, the Nasdaq began its previous delisting procedures. Super Micro $(SMCI.UK)$ did not file its fiscal 2017 financial reports on time, saying it had to compile and analyze certain information to finalize the documentation and complete a related audit-committee investigation. In January 2020, it was approved for relisting, and Liang was ordered by the Securities and Exchange Commission to reimburse Super Micro $2.1 million for stock profits he realized during the accounting period under question.In one example of how close the company's board is to Liang, in March 2020, Super Micro's board agreed to give him a one-time payment of up to $8 million if the company's stock price met certain targets, to reward him for his \"valuable contributions and loyal service\" particularly during through the period \"when the company was not current in its SEC filings.\"Liang was not accused of wrongdoing at that time, but then-Chief Financial Officer Howard Hideshima was charged with prematurely recognizing revenue and understating expenses over a period of at least three years, and the company paid a $17.5 million civil penalty, without admitting or denying the SEC's finding.Hideshima, who was ordered to pay $350,000 to the SEC, now says on his LinkedIn page that he is working as a consultant for Ablecom Technology Inc., a manufacturing partner of Super Micro run by Steve Liang, Charles's brother. Charles Liang and his wife own 10% of Ablecom.The company has disclosed all of these related-party associations in its 10K filings, except for mentioning that its former CFO, who was charged in its former accounting debacle, still works for companies associated with Charles Liang. Steve Liang and another brother, Bill Liang, are also on the board of Ablecom. These related parties were highlighted as problematic in a short-seller report in August by Hindenburg Research.Liang repeatedly has said in interviews over the past few years that the company fixed the internal-control issues that led to its previous delisting, including in an interview to MarketWatch in 2023.This past August, when Hindenburg detailed what it found as red flags, it also highlighted a whistleblower lawsuit filed against the company in April, in which the plaintiff, Bob Luong, alleged how Super Micro misallocated revenue to hardware from services to inflate margins in its hardware business. A recurring concern among Wall Street analysts has been the low gross margins in its server business, even as revenue has surged due to a boost in sales for AI data centers.In early September, Super Micro said that the Hindenburg report was misleading and that it does not expect its delayed annual report to contain materially different results from those already reported. Liang also said in a letter to investors and customers that the Hindenburg report contained \"misleading presentations of information that we have previously shared publicly.\" In July, after EY told the board's audit committee about its concerns about Super Micro's financial controls, an independent special committee was formed to review certain internal controls and certain corporate-governance procedures.Liang owns over 11% of Super Micro stock, according to FactSet, but he is also seen as a key to the company, which warned in its fiscal 2023 annual report that it had no succession plan. \"His experience in leading our business and his personal involvement in key relationships with suppliers, customers and strategic partners are extremely valuable to our company,\" Super Micro said in that August 2023 filing. \"We currently do not have a succession plan for the replacement of Mr. Liang if it were to become necessary.\"In a June 2023 interview with MarketWatch, Liang was asked about a succession plan, and said the company \"was planning, for sure,\" but he declined to provide any further details. Liang has been an early advocate for green computing, a key issue coming up now with power-hungry AI servers. He was described in a report by short-seller Spruce Point Capital Management in early 2023 as \"a genius\" by a former employee and described as a \"counter-thinker.\"\"It's a liability. If he were to go, there's nothing behind him. There's a vacuum,\" the former employee told Spruce Point Capital at the time.Now the company should start to think about succession earlier than expected, or risk that customers will make their future purchases elsewhere, all while investor trust dwindles. If Liang were to step down, Super Micro potentially could get a Big Four auditor to help it regain the confidence of the financial community.As the saying goes, something appears to be rotten in Denmark, and the CEO needs to give someone else the chance to return the company to its former glory.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2524,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3479274801774930","authorId":"3479274801774930","name":"SiongZ","avatar":"https://static.tigerbbs.com/9ff565a6f54c24e1fc4110226338d657","crmLevel":1,"crmLevelSwitch":0,"idStr":"3479274801774930","authorIdStr":"3479274801774930"},"content":"That sounds incredibly frustrating and unfair.","text":"That sounds incredibly frustrating and unfair.","html":"That sounds incredibly frustrating and unfair."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372862098563256,"gmtCreate":1732040762664,"gmtModify":1732040766678,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SMCI\">$SUPER MICRO COMPUTER INC(SMCI)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/SMCI\">$SUPER MICRO COMPUTER INC(SMCI)$ </a>&nbsp;","text":"$SUPER MICRO COMPUTER INC(SMCI)$","images":[{"img":"https://community-static.tradeup.com/news/618cba84b1f140c939e1f7667c9249d8","width":"882","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372862098563256","isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":369893646581952,"gmtCreate":1731346791020,"gmtModify":1731346794721,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"How did they get relisted and even sky rocket if they're that bad? Is the&nbsp;company manipulating stock prices???&nbsp;","listText":"How did they get relisted and even sky rocket if they're that bad? Is the&nbsp;company manipulating stock prices???&nbsp;","text":"How did they get relisted and even sky rocket if they're that bad? Is the company manipulating stock prices???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/369893646581952","repostId":"2482578494","repostType":2,"repost":{"id":"2482578494","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1731336902,"share":"https://ttm.financial/m/news/2482578494?lang=&edition=fundamental","pubTime":"2024-11-11 22:55","market":"hk","language":"en","title":"Super Micro Stock Keeps Slipping. A Delisting Deadline Looms","url":"https://stock-news.laohu8.com/highlight/detail?id=2482578494","media":"Dow Jones","summary":"Shares of Super Micro Computer were trading lower again on Monday, furthering a pattern of losses ahead of a delisting deadline.Super Micro stock is about 5.6% lower to $23.15 in premarket trading, while futures tracking the S&P 500 are up 0.4%. Shares have declined three out of the past four days, according to Dow Jones Market Data. Shares have dropped 19% this month and are on track for their worst year since 2018.On Aug. 7, the stock fell 20%, a day after  deteriorating profit margins overshadowed a strong sales forecast for fiscal 2025. But that was just the beginning. Later that month, a report from short seller  Hindenburg Research alleged it \"found glaring accounting red flags, evidence of undisclosed related party transactions, sanctions and export control failures, and customer issues.\". In September,  CEO Charles Liang addressed some of the issues weighing on the stock, including the short-seller report, which he said \"contains false or inaccurate statements about our company","content":"<html><head></head><body><p>Shares of  <a href=\"https://laohu8.com/S/SMCI\">SUPER MICRO COMPUTER INC</a>  were trading lower again on Monday, furthering a pattern of losses ahead of a delisting deadline.</p><p>Super Micro stock is about 11% lower in Monday trading.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7001eec6084618eb29b782bb1763f843\" tg-width=\"416\" tg-height=\"402\"/></p><p>For a quick refresh, here&#39;s what&#39;s been going on:</p><p>On Aug. 7, the stock fell 20%, a day after deteriorating profit margins overshadowed a strong sales forecast for fiscal 2025. But that was just the beginning. Later that month, a report from short seller Hindenburg Research alleged it &#34;found glaring accounting red flags, evidence of undisclosed related party transactions, sanctions and export control failures, and customer issues.&#34;</p><p>The stock dropped 19% on Aug. 28, after the company said it would delay filing its 10-K for the fiscal year ended June 30.</p><p>In September, CEO Charles Liang addressed some of the issues weighing on the stock, including the short-seller report, which he said &#34;contains false or inaccurate statements about our company including misleading presentations of information.&#34; Later that month, The Wall Street Journal reported the company was being probed by the Justice Department.</p><p>Then, the stock plummeted 33% on Oct. 30 after disclosing its accounting firm Ernst &amp; Young had , citing its unwillingness to be &#34;associated with the financial statements prepared by management.&#34; Super Micro said it disagrees with the decision and is seeking new auditors.</p><p>Super Micro stock hasn&#39;t turned the page in the new month, plunging 18% on Nov. 6 after the company provided a worse-than-expected business update the night before.</p><p>It may only get worse. After delaying the filing of its 10-K for the fiscal year ended June 30, Super Micro has until Nov. 16 to submit a plan to the Nasdaq Stock Exchange to regain compliance with listing rules.</p><p>&#34;It arguably appears to be an uphill battle for SMCI to remain listed at this point,&#34; Wedbush analyst Matt Bryson in a note last week. He slashed his price target on Super Micro to $32 from $62 while maintaining a Neutral rating.</p><p>This slate of issues has sent shares down 80% from their all-time high notched in March.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Stock Keeps Slipping. A Delisting Deadline Looms</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Stock Keeps Slipping. A Delisting Deadline Looms\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-11 22:55</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shares of  <a href=\"https://laohu8.com/S/SMCI\">SUPER MICRO COMPUTER INC</a>  were trading lower again on Monday, furthering a pattern of losses ahead of a delisting deadline.</p><p>Super Micro stock is about 11% lower in Monday trading.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7001eec6084618eb29b782bb1763f843\" tg-width=\"416\" tg-height=\"402\"/></p><p>For a quick refresh, here&#39;s what&#39;s been going on:</p><p>On Aug. 7, the stock fell 20%, a day after deteriorating profit margins overshadowed a strong sales forecast for fiscal 2025. But that was just the beginning. Later that month, a report from short seller Hindenburg Research alleged it &#34;found glaring accounting red flags, evidence of undisclosed related party transactions, sanctions and export control failures, and customer issues.&#34;</p><p>The stock dropped 19% on Aug. 28, after the company said it would delay filing its 10-K for the fiscal year ended June 30.</p><p>In September, CEO Charles Liang addressed some of the issues weighing on the stock, including the short-seller report, which he said &#34;contains false or inaccurate statements about our company including misleading presentations of information.&#34; Later that month, The Wall Street Journal reported the company was being probed by the Justice Department.</p><p>Then, the stock plummeted 33% on Oct. 30 after disclosing its accounting firm Ernst &amp; Young had , citing its unwillingness to be &#34;associated with the financial statements prepared by management.&#34; Super Micro said it disagrees with the decision and is seeking new auditors.</p><p>Super Micro stock hasn&#39;t turned the page in the new month, plunging 18% on Nov. 6 after the company provided a worse-than-expected business update the night before.</p><p>It may only get worse. After delaying the filing of its 10-K for the fiscal year ended June 30, Super Micro has until Nov. 16 to submit a plan to the Nasdaq Stock Exchange to regain compliance with listing rules.</p><p>&#34;It arguably appears to be an uphill battle for SMCI to remain listed at this point,&#34; Wedbush analyst Matt Bryson in a note last week. He slashed his price target on Super Micro to $32 from $62 while maintaining a Neutral rating.</p><p>This slate of issues has sent shares down 80% from their all-time high notched in March.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SMCI":"超微电脑"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2482578494","content_text":"Shares of  SUPER MICRO COMPUTER INC  were trading lower again on Monday, furthering a pattern of losses ahead of a delisting deadline.Super Micro stock is about 11% lower in Monday trading.For a quick refresh, here's what's been going on:On Aug. 7, the stock fell 20%, a day after deteriorating profit margins overshadowed a strong sales forecast for fiscal 2025. But that was just the beginning. Later that month, a report from short seller Hindenburg Research alleged it \"found glaring accounting red flags, evidence of undisclosed related party transactions, sanctions and export control failures, and customer issues.\"The stock dropped 19% on Aug. 28, after the company said it would delay filing its 10-K for the fiscal year ended June 30.In September, CEO Charles Liang addressed some of the issues weighing on the stock, including the short-seller report, which he said \"contains false or inaccurate statements about our company including misleading presentations of information.\" Later that month, The Wall Street Journal reported the company was being probed by the Justice Department.Then, the stock plummeted 33% on Oct. 30 after disclosing its accounting firm Ernst & Young had , citing its unwillingness to be \"associated with the financial statements prepared by management.\" Super Micro said it disagrees with the decision and is seeking new auditors.Super Micro stock hasn't turned the page in the new month, plunging 18% on Nov. 6 after the company provided a worse-than-expected business update the night before.It may only get worse. After delaying the filing of its 10-K for the fiscal year ended June 30, Super Micro has until Nov. 16 to submit a plan to the Nasdaq Stock Exchange to regain compliance with listing rules.\"It arguably appears to be an uphill battle for SMCI to remain listed at this point,\" Wedbush analyst Matt Bryson in a note last week. He slashed his price target on Super Micro to $32 from $62 while maintaining a Neutral rating.This slate of issues has sent shares down 80% from their all-time high notched in March.","news_type":1},"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4140090365269462","authorId":"4140090365269462","name":"a4xrbj1","avatar":"https://community-static.tradeup.com/news/9d8912bc5b3237f119291ecf0caa4d5a","crmLevel":9,"crmLevelSwitch":1,"idStr":"4140090365269462","authorIdStr":"4140090365269462"},"content":"They are selling server racks with liquid cooling technology that is much needed for those latest NVIDIA chips. That’s why","text":"They are selling server racks with liquid cooling technology that is much needed for those latest NVIDIA chips. That’s why","html":"They are selling server racks with liquid cooling technology that is much needed for those latest NVIDIA chips. That’s why"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365070637502520,"gmtCreate":1730138912065,"gmtModify":1730138916853,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MSTR\">$MicroStrategy(MSTR)$ </a> to the moon","listText":"<a href=\"https://ttm.financial/S/MSTR\">$MicroStrategy(MSTR)$ </a> to the moon","text":"$MicroStrategy(MSTR)$ to the moon","images":[{"img":"https://community-static.tradeup.com/news/916ee506b54f30fd8d6300a255a8710b","width":"882","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/365070637502520","isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":368458851168328,"gmtCreate":1730993687028,"gmtModify":1730993691076,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"He'll probably do something crazy to make it fall again so he can gain more as it rides up later","listText":"He'll probably do something crazy to make it fall again so he can gain more as it rides up later","text":"He'll probably do something crazy to make it fall again so he can gain more as it rides up later","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368458851168328","repostId":"2481754049","repostType":2,"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":338893359374464,"gmtCreate":1723741857521,"gmtModify":1723741861762,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MSTR\">$MicroStrategy(MSTR)$ </a> I'm always curious why a stock doesn't jump as much when favourable news of it are released...thought it's going to fly up to 140+ but nada... Y?&nbsp;","listText":"<a href=\"https://ttm.financial/S/MSTR\">$MicroStrategy(MSTR)$ </a> I'm always curious why a stock doesn't jump as much when favourable news of it are released...thought it's going to fly up to 140+ but nada... Y?&nbsp;","text":"$MicroStrategy(MSTR)$ I'm always curious why a stock doesn't jump as much when favourable news of it are released...thought it's going to fly up to 140+ but nada... Y?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/338893359374464","isVote":1,"tweetType":1,"viewCount":421,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370599481426272,"gmtCreate":1731517517176,"gmtModify":1731517654136,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"Those who find bitcoin too expensive buy this instead&nbsp;","listText":"Those who find bitcoin too expensive buy this instead&nbsp;","text":"Those who find bitcoin too expensive buy this instead","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370599481426272","repostId":"1179955772","repostType":2,"repost":{"id":"1179955772","pubTimestamp":1731476025,"share":"https://ttm.financial/m/news/1179955772?lang=&edition=fundamental","pubTime":"2024-11-13 13:33","market":"us","language":"en","title":"MicroStrategy: Overvaluation Gets Dangerous (Rating Downgrade)","url":"https://stock-news.laohu8.com/highlight/detail?id=1179955772","media":"Seeking Alpha","summary":"SummaryFollowing my prior \"strong buy\" article rating, MicroStrategy's stock surged 86.59% to $351.73 due to strong growth in bitcoin holdings, but I am now downgrading the stock to \"hold.\"Despite pos","content":"<html><head></head><body><h2 id=\"id_2209458438\">Summary</h2><ul style=\"\"><li><p>Following my prior &#34;strong buy&#34; article rating, MicroStrategy&#39;s stock surged 86.59% to $351.73 due to strong growth in bitcoin holdings, but I am now downgrading the stock to &#34;hold.&#34;</p></li><li><p>Despite positive subscription revenue growth, MicroStrategy faces significant headwinds with -$340.2 million in net losses and declining software segment revenues.</p></li><li><p>MSTR&#39;s market cap is significantly overvalued compared to its bitcoin holdings, with a premium near 3x, raising concerns about sustainability.</p></li><li><p>Elevated price-book valuation and deviation from historical averages suggest potential downside, prompting a cautious &#34;hold&#34; rating amidst possible profit-taking in cryptocurrency-exposed stocks.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4acba813b972d5e58d58c540b8447610\" alt=\"Digital wallets and crypto currency concept. Digital money and blockchain technology. Golden bitcoin icon on dark background. Minimalistic setup with copy space\" title=\"Digital wallets and crypto currency concept. Digital money and blockchain technology. Golden bitcoin icon on dark background. Minimalistic setup with copy space\" tg-width=\"750\" tg-height=\"500\"/><span>Digital wallets and crypto currency concept. Digital money and blockchain technology. Golden bitcoin icon on dark background. Minimalistic setup with copy space</span></p><p>When I last covered MicroStrategy Incorporated on October 11th, 2024 with my article &#34;MicroStrategy: Major Breakout Ahead&#34;, I argued that strong growth rates in subscription revenues and widespread gains in global cryptocurrency asset trends suggested that MSTR might be on the verge of a monumental breakout in share prices before the end of the year. In the periods that followed, we have seen major updates with the company reporting quarterly earnings figures that revealed substantial growth in MicroStrategy&#39;s underlying bitcoin holdings and this has helped the stock rally by more than 86.59% to new all-time highs of $351.73 during the November 11th, 2024 trading session.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9f0b5da914db3df99291163257b34c58\" alt=\"MSTR: Massive Gains Follow Previous\" title=\"MSTR: Massive Gains Follow Previous\" tg-width=\"1280\" tg-height=\"568\"/><span>MSTR: Massive Gains Follow Previous</span></p><p>As we can see, these monstrous gains have occurred over what amounts to just a one-month trading period. Unfortunately, when we see these types of gains in such a short period of time, it becomes much more common for investors to begin wondering whether or not major rallies have become over-extended. As widespread profit-taking becomes more and more likely at these elevated levels, I will be reducing by two levels my outlook for this stock (to a &#34;hold&#34; rating from my prior &#34;strong buy&#34; rating).</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/412464a22a1c4bb53471f59dd3207370\" alt=\"MicroStrategy: Q3 2024 Earnings Figures\" title=\"MicroStrategy: Q3 2024 Earnings Figures\" tg-width=\"1280\" tg-height=\"421\"/><span>MicroStrategy: Q3 2024 Earnings Figures</span></p><p>Of course, we must look at some of the factors that led up to these incredible rallies in the first place. During the third-quarter period, MicroStrategy reported YTD cryptocurrency yields of 17.8% and an 11% increase in bitcoin while unveiling what they refer to as the 21-21 Plan, which is a $42 billion strategic capital outline that aims to use equity offerings to raise $21 billion and fixed income assets to raise an additional $21 billion. However, even with this forward-looking planning attempt, MicroStrategy is still facing significant headwinds in its operations, and -$340.2 million in net losses were reported for the period.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/123340f4f33cb95f71c3c4d4b19087fd\" alt=\"MicroStrategy: Q3 2024 Earnings Figures\" title=\"MicroStrategy: Q3 2024 Earnings Figures\" tg-width=\"640\" tg-height=\"325\"/><span>MicroStrategy: Q3 2024 Earnings Figures</span></p><p>One aspect of the business that is often overlooked is MicroStrategy&#39;s software segment, which recorded annualized revenue declines of -10.3% (at $116.1 million). One factor that was positive within this segment was subscription services, which actually saw revenue gains of 32.5% for the quarter. Unfortunately, these conflicting results have made it very clear that MicroStrategy has faced continued obstacles in terms of the company&#39;s ability to navigate between the legacy software business and newer operational directions in the accumulation of cryptocurrencies. Impairment losses tied to cryptocurrency holdings had a significant dragging effect on MicroStrategy&#39;s third-quarter operating expenses, and the company weathered a -$432.6 million operations loss during the period.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d7bcc9f0f297f3b3ed33ad33b86455d6\" alt=\"MicroStrategy: Q3 2024 Earnings Figures\" title=\"MicroStrategy: Q3 2024 Earnings Figures\" tg-width=\"1280\" tg-height=\"688\"/><span>MicroStrategy: Q3 2024 Earnings Figures</span></p><p>However, I believe that these quarterly figures largely miss the more important issue that currently faces MSTR shareholders. Specifically, long positions in MicroStrategy stock have become an incredibly expensive way of gaining exposure to the underlying Bitcoin assets. Toward the end of 2023, MSTR stock valuations were trading much closer to parity when compared to the company&#39;s total cryptocurrency holdings. More recently, MSTR valuations have risen to such extremes that the premium is hovering near record levels (at close to 3x the valuation of the underlying bitcoin holdings). MicroStrategy recently raised $2.03 billion to buy another 27,200 bitcoins, bringing their total holdings to 279,420 total bitcoins. Based on cryptocurrency prices from November 11th, 2024, this brings the value of MicroStrategy&#39;s total bitcoin horde to just over $24.72 billion. Based on market closing prices from the same trading period, the company&#39;s market cap currently stands at $68.9 billion. When we consider the fact that MicroStrategy&#39;s software business is worth roughly $1 billion and the company is currently holding debt levels greater than $4 billion, the prospects for overvaluation start to become glaringly clear.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f30c81d63bf7548fb3aaaa66a4d83e33\" alt=\"MSTR: Comparative Forward Price to Earnings Valuations\" title=\"MSTR: Comparative Forward Price to Earnings Valuations\" tg-width=\"635\" tg-height=\"473\"/><span>MSTR: Comparative Forward Price to Earnings Valuations</span></p><p>In most cases, when I see share price rallies that are as substantial as MicroStrategy&#39;s YTD performance (396.21%), I will do my best to avoid being greedy and simply sell the position. Of course, we can all remember the classic stock market phrase about how &#34;bulls make money, bears make money, and pigs get slaughtered.&#34; However, one factor that has kept me from completely closing my current long position in MSTR is the stock&#39;s relatively attractive forward price-earnings valuation (which currently stands at 23.58x). Interestingly, if we compare this forward price-earnings ratio to other stocks with heavy exposure to the underlying valuations of cryptocurrency assets, we can see that only one stock in this industry grouping has a lower valuation. Specifically, this would be MARA Holdings, Inc. (MARA) at 20.93x. In the other direction, we can see that Riot Platforms, Inc. (RIOT) is currently trading with a forward price-earnings valuation of 47.54x and Coinbase Global, Inc. (COIN) is trading at much more expensive levels (at 61.26x).</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4a08c31c074927a37575817bcb7f97db\" alt=\"MSTR: Comparative Forward Price to Book Valuations\" title=\"MSTR: Comparative Forward Price to Book Valuations\" tg-width=\"635\" tg-height=\"490\"/><span>MSTR: Comparative Forward Price to Book Valuations</span></p><p>Unfortunately, when we shift the perspective a bit, MicroStrategy&#39;s valuation metrics start to look much less favorable. Specifically, MicroStrategy is currently trading with an elevated price-book valuation of 18.25x, which is nearly double the figure that we see with Coinbase (at 9.294x). Other stocks within this peer grouping are trading at much lower valuations. For example, Mara Holdings now has a price-book valuation of 2.788x, while Riot Platforms is trading at even lower levels (at just 1.81x). Additionally, we can also add Bitfarms Ltd. (BITF) for some further context and we can see that this stock is also trading at much less expensive levels (at 2.554x). Given the conflicting signals that are sent by these competing valuation metrics, I think the most reasonable course of action at this stage is to downgrade the stock to a &#34;hold&#34; rating.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/53401563f87e4aa8a0c801f5ce0cfee0\" alt=\"MSTR: Further Evidence of Severe Overvaluation\" title=\"MSTR: Further Evidence of Severe Overvaluation\" tg-width=\"1280\" tg-height=\"569\"/><span>MSTR: Further Evidence of Severe Overvaluation</span></p><p>Looking at the stock from a slightly different perspective, we can also see that MSTR has now deviated quite sharply away from its own historical averages. Specifically, in the daily price chart above, we can see that the stock is currently trading well above the upper Bollinger Band and the entire standard deviation channel on this time frame. Of course, this type of activity in share prices is highly significant because we are not looking at a short-term time frame (such as an hourly price chart). Viewing the stock in terms of simple statistical probabilities, mean reversion strategies would suggest that this type of outlier price action is unlikely to sustain itself for an extended period of time. Overall, this implies that downside pullbacks are becoming increasingly likely, and this is another reason I cannot maintain a &#34;buy&#34; rating for this stock at this moment in time.</p><p>Ultimately, recent rallies in cryptocurrency assets appear to have been propelled in large part by the recent election of Donald Trump as the 47th President of the United States. However, now that the election results have already been tabulated, it seems to me that a sizable portion of this optimism is likely to start dying down relatively soon. If this assertion turns out to be true, I think we could start to see a significant amount of profit-taking activities in stocks with substantial exposure to cryptocurrency assets. In my view, a downside break of support at $262.62 (price lows from November 8th, 2024) might signal an end to MicroStrategy&#39;s recent bullish rally. If we see this occur, I will revisit my current outlook and consider downgrading the stock even further with a &#34;sell&#34; rating.</p></body></html>","source":"seekingalpha_fund","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MicroStrategy: Overvaluation Gets Dangerous (Rating Downgrade)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicroStrategy: Overvaluation Gets Dangerous (Rating Downgrade)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-13 13:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4736352-microstrategy-overvaluation-gets-dangerous-rating-downgrade><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryFollowing my prior \"strong buy\" article rating, MicroStrategy's stock surged 86.59% to $351.73 due to strong growth in bitcoin holdings, but I am now downgrading the stock to \"hold.\"Despite ...</p>\n\n<a href=\"https://seekingalpha.com/article/4736352-microstrategy-overvaluation-gets-dangerous-rating-downgrade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSTR":"MicroStrategy"},"source_url":"https://seekingalpha.com/article/4736352-microstrategy-overvaluation-gets-dangerous-rating-downgrade","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179955772","content_text":"SummaryFollowing my prior \"strong buy\" article rating, MicroStrategy's stock surged 86.59% to $351.73 due to strong growth in bitcoin holdings, but I am now downgrading the stock to \"hold.\"Despite positive subscription revenue growth, MicroStrategy faces significant headwinds with -$340.2 million in net losses and declining software segment revenues.MSTR's market cap is significantly overvalued compared to its bitcoin holdings, with a premium near 3x, raising concerns about sustainability.Elevated price-book valuation and deviation from historical averages suggest potential downside, prompting a cautious \"hold\" rating amidst possible profit-taking in cryptocurrency-exposed stocks.Digital wallets and crypto currency concept. Digital money and blockchain technology. Golden bitcoin icon on dark background. Minimalistic setup with copy spaceWhen I last covered MicroStrategy Incorporated on October 11th, 2024 with my article \"MicroStrategy: Major Breakout Ahead\", I argued that strong growth rates in subscription revenues and widespread gains in global cryptocurrency asset trends suggested that MSTR might be on the verge of a monumental breakout in share prices before the end of the year. In the periods that followed, we have seen major updates with the company reporting quarterly earnings figures that revealed substantial growth in MicroStrategy's underlying bitcoin holdings and this has helped the stock rally by more than 86.59% to new all-time highs of $351.73 during the November 11th, 2024 trading session.MSTR: Massive Gains Follow PreviousAs we can see, these monstrous gains have occurred over what amounts to just a one-month trading period. Unfortunately, when we see these types of gains in such a short period of time, it becomes much more common for investors to begin wondering whether or not major rallies have become over-extended. As widespread profit-taking becomes more and more likely at these elevated levels, I will be reducing by two levels my outlook for this stock (to a \"hold\" rating from my prior \"strong buy\" rating).MicroStrategy: Q3 2024 Earnings FiguresOf course, we must look at some of the factors that led up to these incredible rallies in the first place. During the third-quarter period, MicroStrategy reported YTD cryptocurrency yields of 17.8% and an 11% increase in bitcoin while unveiling what they refer to as the 21-21 Plan, which is a $42 billion strategic capital outline that aims to use equity offerings to raise $21 billion and fixed income assets to raise an additional $21 billion. However, even with this forward-looking planning attempt, MicroStrategy is still facing significant headwinds in its operations, and -$340.2 million in net losses were reported for the period.MicroStrategy: Q3 2024 Earnings FiguresOne aspect of the business that is often overlooked is MicroStrategy's software segment, which recorded annualized revenue declines of -10.3% (at $116.1 million). One factor that was positive within this segment was subscription services, which actually saw revenue gains of 32.5% for the quarter. Unfortunately, these conflicting results have made it very clear that MicroStrategy has faced continued obstacles in terms of the company's ability to navigate between the legacy software business and newer operational directions in the accumulation of cryptocurrencies. Impairment losses tied to cryptocurrency holdings had a significant dragging effect on MicroStrategy's third-quarter operating expenses, and the company weathered a -$432.6 million operations loss during the period.MicroStrategy: Q3 2024 Earnings FiguresHowever, I believe that these quarterly figures largely miss the more important issue that currently faces MSTR shareholders. Specifically, long positions in MicroStrategy stock have become an incredibly expensive way of gaining exposure to the underlying Bitcoin assets. Toward the end of 2023, MSTR stock valuations were trading much closer to parity when compared to the company's total cryptocurrency holdings. More recently, MSTR valuations have risen to such extremes that the premium is hovering near record levels (at close to 3x the valuation of the underlying bitcoin holdings). MicroStrategy recently raised $2.03 billion to buy another 27,200 bitcoins, bringing their total holdings to 279,420 total bitcoins. Based on cryptocurrency prices from November 11th, 2024, this brings the value of MicroStrategy's total bitcoin horde to just over $24.72 billion. Based on market closing prices from the same trading period, the company's market cap currently stands at $68.9 billion. When we consider the fact that MicroStrategy's software business is worth roughly $1 billion and the company is currently holding debt levels greater than $4 billion, the prospects for overvaluation start to become glaringly clear.MSTR: Comparative Forward Price to Earnings ValuationsIn most cases, when I see share price rallies that are as substantial as MicroStrategy's YTD performance (396.21%), I will do my best to avoid being greedy and simply sell the position. Of course, we can all remember the classic stock market phrase about how \"bulls make money, bears make money, and pigs get slaughtered.\" However, one factor that has kept me from completely closing my current long position in MSTR is the stock's relatively attractive forward price-earnings valuation (which currently stands at 23.58x). Interestingly, if we compare this forward price-earnings ratio to other stocks with heavy exposure to the underlying valuations of cryptocurrency assets, we can see that only one stock in this industry grouping has a lower valuation. Specifically, this would be MARA Holdings, Inc. (MARA) at 20.93x. In the other direction, we can see that Riot Platforms, Inc. (RIOT) is currently trading with a forward price-earnings valuation of 47.54x and Coinbase Global, Inc. (COIN) is trading at much more expensive levels (at 61.26x).MSTR: Comparative Forward Price to Book ValuationsUnfortunately, when we shift the perspective a bit, MicroStrategy's valuation metrics start to look much less favorable. Specifically, MicroStrategy is currently trading with an elevated price-book valuation of 18.25x, which is nearly double the figure that we see with Coinbase (at 9.294x). Other stocks within this peer grouping are trading at much lower valuations. For example, Mara Holdings now has a price-book valuation of 2.788x, while Riot Platforms is trading at even lower levels (at just 1.81x). Additionally, we can also add Bitfarms Ltd. (BITF) for some further context and we can see that this stock is also trading at much less expensive levels (at 2.554x). Given the conflicting signals that are sent by these competing valuation metrics, I think the most reasonable course of action at this stage is to downgrade the stock to a \"hold\" rating.MSTR: Further Evidence of Severe OvervaluationLooking at the stock from a slightly different perspective, we can also see that MSTR has now deviated quite sharply away from its own historical averages. Specifically, in the daily price chart above, we can see that the stock is currently trading well above the upper Bollinger Band and the entire standard deviation channel on this time frame. Of course, this type of activity in share prices is highly significant because we are not looking at a short-term time frame (such as an hourly price chart). Viewing the stock in terms of simple statistical probabilities, mean reversion strategies would suggest that this type of outlier price action is unlikely to sustain itself for an extended period of time. Overall, this implies that downside pullbacks are becoming increasingly likely, and this is another reason I cannot maintain a \"buy\" rating for this stock at this moment in time.Ultimately, recent rallies in cryptocurrency assets appear to have been propelled in large part by the recent election of Donald Trump as the 47th President of the United States. However, now that the election results have already been tabulated, it seems to me that a sizable portion of this optimism is likely to start dying down relatively soon. If this assertion turns out to be true, I think we could start to see a significant amount of profit-taking activities in stocks with substantial exposure to cryptocurrency assets. In my view, a downside break of support at $262.62 (price lows from November 8th, 2024) might signal an end to MicroStrategy's recent bullish rally. If we see this occur, I will revisit my current outlook and consider downgrading the stock even further with a \"sell\" rating.","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367831776940088,"gmtCreate":1730820430862,"gmtModify":1730820434537,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"What's gona happen to investors who have their shares&nbsp;","listText":"What's gona happen to investors who have their shares&nbsp;","text":"What's gona happen to investors who have their shares","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367831776940088","repostId":"1129826667","repostType":2,"repost":{"id":"1129826667","pubTimestamp":1730814307,"share":"https://ttm.financial/m/news/1129826667?lang=&edition=fundamental","pubTime":"2024-11-05 21:45","market":"us","language":"en","title":"Super Micro Faces Delisting, S&P 500 Removal Amid Auditor Woes","url":"https://stock-news.laohu8.com/highlight/detail?id=1129826667","media":"Bloomberg","summary":"Company is due to provide a business update after market closeStock is down more than 75% from March high as filings delayedSuper Micro Computer Inc. started the year as a hot artificial intelligence ","content":"<html><head></head><body><ul style=\"\"><li><p>Company is due to provide a business update after market close</p></li><li><p>Stock is down more than 75% from March high as filings delayed</p></li></ul><p>Super Micro Computer Inc. started the year as a hot artificial intelligence trade. But just eight months after shares hit a record high, investors are asking whether the server maker will be delisted by Nasdaq Inc. and booted from the S&amp;P 500.</p><p>The troubled firm — which has seen shares plummet more than 75% since March — is due to give a business update on Tuesday after the close. Top of mind is what it says about meeting Nasdaq Inc.’s compliance obligations following the resignation of auditor Ernst &amp; Young LLP last week. The auditor cited concerns about Super Micro’s commitment to integrity and ethics — a blow that follows a US Department of Justice probe and a damaging short-seller report earlier this year.</p><p>Super Micro’s listing status was already looking shaky after it failed to file its annual 10-K report by an August deadline. Nasdaq rules give the company until mid-November to submit a plan to restore it to compliance, and if that plan is approved, it could get extra time — pushing the deadline to February 2025. But the resignation of Ernst &amp; Young makes that more challenging.</p><p>“I think that they probably end up getting delisted just because of the timelines involved,” Wedbush analyst Matt Bryson said in an interview. “How do they get their 10-K out in just a few months when they don’t have an auditor and their last auditor resigned?”</p><p>Representatives for Super Micro, Nasdaq and S&amp;P Global, which owns the S&amp;P 500 Index, declined to comment.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/26127bb365cfbcd4fcf43fc62f9e8a49\" alt=\"\" title=\"\" tg-width=\"1200\" tg-height=\"675\"/></p><p>A Nasdaq delisting would be the latest development in a tumultuous year. Super Micro shares were flying high at the start of 2024, with Wall Street enthusiastic about AI-fueled demand for its high-powered data center servers, and the company winning inclusion in the S&amp;P 500. But investors have been bailing as issues pile up, with the 10-K filing delay followed by news that regulators are looking into an ex-employee’s claims that the company sought to overstate its revenue.</p><p>At the time of Ernst &amp; Young’s resignation, Super Micro said it doesn’t expect the issue to lead to restatements of previously issued financial reports, and that it has begun the process of identifying another auditor.</p><p>But some analysts are more wary. “We now believe there is meaningful risk that prior financial statements may have to be restated once a new public accounting firm is hired,” Needham analysts led by N Quinn Bolton wrote last week, suspending coverage on Super Micro shares.</p><p>A Nasdaq delisting could also trigger removal from the S&amp;P 500 — leading to forced selling of the shares by institutions, according to Bloomberg Intelligence analysts led by Woo Jin Ho. He added that about 24% of Super Micro’s shares are held in passive funds, and about 8% are owned by S&amp;P 500-related funds.</p><p>It wouldn’t be the first time that Super Micro has been delisted. The company was delisted in 2019 after failing to meet deadlines to file a 10-K and several quarterly reports. It got approval to rejoin in 2020. The same year, Super Micro resolved an investigation by the US Securities and Exchange Commission into its accounting by paying a $17.5 million penalty. Super Micro didn’t admit to or deny the regulator’s allegations as part of its settlement.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a5659ec2755162f44d1703cf0255baf3\" tg-width=\"638\" tg-height=\"343\"/></p><p>Wedbush analyst Bryson noted that the last time Super Micro was delisted, growth stalled for two years. Customers can be spooked by financial issues because it may suggest disruption in the company’s ability to deliver products in a timely way, he added.</p><p>Bloomberg Intelligence’s Jin Ho agrees. “While any impact on sales won’t be immediate, risks for order cancellations will grow given the rising number of alternative rivals to its still-dominant position in AI servers for data centers,” he wrote.</p><p>Dell Technologies Inc. could be a potential beneficiary, he added.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Faces Delisting, S&P 500 Removal Amid Auditor Woes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Faces Delisting, S&P 500 Removal Amid Auditor Woes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-05 21:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-11-05/super-micro-faces-delisting-s-p-500-removal-amid-auditor-woes?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Company is due to provide a business update after market closeStock is down more than 75% from March high as filings delayedSuper Micro Computer Inc. started the year as a hot artificial intelligence ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-11-05/super-micro-faces-delisting-s-p-500-removal-amid-auditor-woes?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SMCI":"超微电脑"},"source_url":"https://www.bloomberg.com/news/articles/2024-11-05/super-micro-faces-delisting-s-p-500-removal-amid-auditor-woes?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129826667","content_text":"Company is due to provide a business update after market closeStock is down more than 75% from March high as filings delayedSuper Micro Computer Inc. started the year as a hot artificial intelligence trade. But just eight months after shares hit a record high, investors are asking whether the server maker will be delisted by Nasdaq Inc. and booted from the S&P 500.The troubled firm — which has seen shares plummet more than 75% since March — is due to give a business update on Tuesday after the close. Top of mind is what it says about meeting Nasdaq Inc.’s compliance obligations following the resignation of auditor Ernst & Young LLP last week. The auditor cited concerns about Super Micro’s commitment to integrity and ethics — a blow that follows a US Department of Justice probe and a damaging short-seller report earlier this year.Super Micro’s listing status was already looking shaky after it failed to file its annual 10-K report by an August deadline. Nasdaq rules give the company until mid-November to submit a plan to restore it to compliance, and if that plan is approved, it could get extra time — pushing the deadline to February 2025. But the resignation of Ernst & Young makes that more challenging.“I think that they probably end up getting delisted just because of the timelines involved,” Wedbush analyst Matt Bryson said in an interview. “How do they get their 10-K out in just a few months when they don’t have an auditor and their last auditor resigned?”Representatives for Super Micro, Nasdaq and S&P Global, which owns the S&P 500 Index, declined to comment.A Nasdaq delisting would be the latest development in a tumultuous year. Super Micro shares were flying high at the start of 2024, with Wall Street enthusiastic about AI-fueled demand for its high-powered data center servers, and the company winning inclusion in the S&P 500. But investors have been bailing as issues pile up, with the 10-K filing delay followed by news that regulators are looking into an ex-employee’s claims that the company sought to overstate its revenue.At the time of Ernst & Young’s resignation, Super Micro said it doesn’t expect the issue to lead to restatements of previously issued financial reports, and that it has begun the process of identifying another auditor.But some analysts are more wary. “We now believe there is meaningful risk that prior financial statements may have to be restated once a new public accounting firm is hired,” Needham analysts led by N Quinn Bolton wrote last week, suspending coverage on Super Micro shares.A Nasdaq delisting could also trigger removal from the S&P 500 — leading to forced selling of the shares by institutions, according to Bloomberg Intelligence analysts led by Woo Jin Ho. He added that about 24% of Super Micro’s shares are held in passive funds, and about 8% are owned by S&P 500-related funds.It wouldn’t be the first time that Super Micro has been delisted. The company was delisted in 2019 after failing to meet deadlines to file a 10-K and several quarterly reports. It got approval to rejoin in 2020. The same year, Super Micro resolved an investigation by the US Securities and Exchange Commission into its accounting by paying a $17.5 million penalty. Super Micro didn’t admit to or deny the regulator’s allegations as part of its settlement.Wedbush analyst Bryson noted that the last time Super Micro was delisted, growth stalled for two years. Customers can be spooked by financial issues because it may suggest disruption in the company’s ability to deliver products in a timely way, he added.Bloomberg Intelligence’s Jin Ho agrees. “While any impact on sales won’t be immediate, risks for order cancellations will grow given the rising number of alternative rivals to its still-dominant position in AI servers for data centers,” he wrote.Dell Technologies Inc. could be a potential beneficiary, he added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368484771844488,"gmtCreate":1731003653815,"gmtModify":1731003657321,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"Telsa is not good enough if its still below 400","listText":"Telsa is not good enough if its still below 400","text":"Telsa is not good enough if its still below 400","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368484771844488","repostId":"1120317210","repostType":2,"repost":{"id":"1120317210","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1730991711,"share":"https://ttm.financial/m/news/1120317210?lang=&edition=fundamental","pubTime":"2024-11-07 23:01","market":"us","language":"en","title":"Magnificent 7 Stocks Jumped in Morning Trading with Meta Rising Over 2%","url":"https://stock-news.laohu8.com/highlight/detail?id=1120317210","media":"Tiger Newspress","summary":"Magnificent 7 stocks jumped in morning trading with Meta rising over 2%.","content":"<html><head></head><body><p>Magnificent 7 stocks jumped in morning trading with Meta rising over 2%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b991e63a15e3141fea35968f9b5b4194\" tg-width=\"279\" tg-height=\"310\"/></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Magnificent 7 Stocks Jumped in Morning Trading with Meta Rising Over 2%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMagnificent 7 Stocks Jumped in Morning Trading with Meta Rising Over 2%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-11-07 23:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Magnificent 7 stocks jumped in morning trading with Meta rising over 2%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b991e63a15e3141fea35968f9b5b4194\" tg-width=\"279\" tg-height=\"310\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc.","TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120317210","content_text":"Magnificent 7 stocks jumped in morning trading with Meta rising over 2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":39,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367486395531568,"gmtCreate":1730733464181,"gmtModify":1730733784341,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TNL\">$Travel Plus Leisure Co.(TNL)$ </a> most travel related businesses went above their previous pre-covid&nbsp;peak but why is this still stuck at cov19 levels?&nbsp;","listText":"<a href=\"https://ttm.financial/S/TNL\">$Travel Plus Leisure Co.(TNL)$ </a> most travel related businesses went above their previous pre-covid&nbsp;peak but why is this still stuck at cov19 levels?&nbsp;","text":"$Travel Plus Leisure Co.(TNL)$ most travel related businesses went above their previous pre-covid peak but why is this still stuck at cov19 levels?","images":[{"img":"https://community-static.tradeup.com/news/f4912c553bec3976f283c103e512b88f","width":"882","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/367486395531568","isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"10000000000010968","authorId":"10000000000010968","name":"Tiger_CBA","avatar":"https://community-static.tradeup.com/news/ae2d4002ef9664aba005cb3020f416f5","crmLevel":1,"crmLevelSwitch":0,"idStr":"10000000000010968","authorIdStr":"10000000000010968"},"content":"Remember, investing is a marathon, not a sprint. It's natural to face ups and downs. Stay focused on your long-term goals. You’re welcome to open a Tiger Cash Boost Account and use contra trading to enhance your strategies. Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.","text":"Remember, investing is a marathon, not a sprint. It's natural to face ups and downs. Stay focused on your long-term goals. You’re welcome to open a Tiger Cash Boost Account and use contra trading to enhance your strategies. Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.","html":"Remember, investing is a marathon, not a sprint. It's natural to face ups and downs. Stay focused on your long-term goals. You’re welcome to open a Tiger Cash Boost Account and use contra trading to enhance your strategies. Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":366339058954552,"gmtCreate":1730481952228,"gmtModify":1730481956619,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"Nvidia shot up bcoz I let it go. While I was holding it for the 2 or 3 years, it was 99.9% losses.","listText":"Nvidia shot up bcoz I let it go. While I was holding it for the 2 or 3 years, it was 99.9% losses.","text":"Nvidia shot up bcoz I let it go. While I was holding it for the 2 or 3 years, it was 99.9% losses.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366339058954552","isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":336440525791416,"gmtCreate":1723174974912,"gmtModify":1723174978671,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"Bot this co near 30 in 2021&nbsp;but it went on a depressing slump at&nbsp;5+.&nbsp;- for 3 years!!!&nbsp;😂... Feel like letting it go now that I have a teeny positive.&nbsp;","listText":"Bot this co near 30 in 2021&nbsp;but it went on a depressing slump at&nbsp;5+.&nbsp;- for 3 years!!!&nbsp;😂... Feel like letting it go now that I have a teeny positive.&nbsp;","text":"Bot this co near 30 in 2021 but it went on a depressing slump at 5+. - for 3 years!!! 😂... Feel like letting it go now that I have a teeny positive.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/336440525791416","repostId":"2457439374","repostType":2,"repost":{"id":"2457439374","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1723125845,"share":"https://ttm.financial/m/news/2457439374?lang=&edition=fundamental","pubTime":"2024-08-08 22:04","market":"us","language":"en","title":"Palantir to Deploy AI Products on Microsoft Azure for U.S. Government Agencies","url":"https://stock-news.laohu8.com/highlight/detail?id=2457439374","media":"Reuters","summary":"Aug 8 (Reuters) - Palantir Technologies    said on Thursday it will offer its products, including the Artificial Intelligence Platform (AIP) on Microsoft's cloud platforms, which cater to the U.S. gov","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a> said on Thursday it will offer its products, including the Artificial Intelligence Platform on <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>&#39;s cloud platforms, which cater to the U.S. government and federal agencies such as the Department of Defense.</p><p>U.S.-listed shares of the company rose 5% in Thursday trading.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/dc5e5178f54b3b574942bdac947cea82\" tg-width=\"409\" tg-height=\"380\"/></p><p>The data analytics company will deploy its products, including the &#34;Gotham&#34; software — which assists in locating targets on battlefields — on Microsoft&#39;s Azure Government and Azure Government Secret cloud platforms.</p><p>Palantir will &#34;be the first industry partner to deploy Microsoft Azure OpenAI Service in classified environments,&#34; CTO Shyam Sankar said in a statement.</p><p>The Azure OpenAI service gives customers access to the Microsoft-backed AI startup&#39;s language models, such as GPT-4.</p><p>Palantir&#39;s AIP, which helps test and debug code and evaluate AI-related scenarios, can be used across defense and intelligence verticals, the company said.</p><p>However, the availability of these services is subject to authorization and accreditation by government agencies.</p><p>Co-founded by billionaire Peter Thiel, a significant portion of Palantir&#39;s revenue comes from government clients, with the U.S. government accounting for more than 40% of Palantir&#39;s total revenue in the June quarter.</p><p>The company&#39;s early financial backers included CIA&#39;s venture arm, In-Q-Tel.</p><p>Palantir and Microsoft will run bootcamps to promote their new services for defense and intelligence communities.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir to Deploy AI Products on Microsoft Azure for U.S. Government Agencies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir to Deploy AI Products on Microsoft Azure for U.S. Government Agencies\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-08-08 22:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a> said on Thursday it will offer its products, including the Artificial Intelligence Platform on <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>&#39;s cloud platforms, which cater to the U.S. government and federal agencies such as the Department of Defense.</p><p>U.S.-listed shares of the company rose 5% in Thursday trading.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/dc5e5178f54b3b574942bdac947cea82\" tg-width=\"409\" tg-height=\"380\"/></p><p>The data analytics company will deploy its products, including the &#34;Gotham&#34; software — which assists in locating targets on battlefields — on Microsoft&#39;s Azure Government and Azure Government Secret cloud platforms.</p><p>Palantir will &#34;be the first industry partner to deploy Microsoft Azure OpenAI Service in classified environments,&#34; CTO Shyam Sankar said in a statement.</p><p>The Azure OpenAI service gives customers access to the Microsoft-backed AI startup&#39;s language models, such as GPT-4.</p><p>Palantir&#39;s AIP, which helps test and debug code and evaluate AI-related scenarios, can be used across defense and intelligence verticals, the company said.</p><p>However, the availability of these services is subject to authorization and accreditation by government agencies.</p><p>Co-founded by billionaire Peter Thiel, a significant portion of Palantir&#39;s revenue comes from government clients, with the U.S. government accounting for more than 40% of Palantir&#39;s total revenue in the June quarter.</p><p>The company&#39;s early financial backers included CIA&#39;s venture arm, In-Q-Tel.</p><p>Palantir and Microsoft will run bootcamps to promote their new services for defense and intelligence communities.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4592":"伊斯兰概念","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4585":"ETF&股票定投概念","BK4528":"SaaS概念","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) 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products, including the Artificial Intelligence Platform on Microsoft's cloud platforms, which cater to the U.S. government and federal agencies such as the Department of Defense.U.S.-listed shares of the company rose 5% in Thursday trading.The data analytics company will deploy its products, including the \"Gotham\" software — which assists in locating targets on battlefields — on Microsoft's Azure Government and Azure Government Secret cloud platforms.Palantir will \"be the first industry partner to deploy Microsoft Azure OpenAI Service in classified environments,\" CTO Shyam Sankar said in a statement.The Azure OpenAI service gives customers access to the Microsoft-backed AI startup's language models, such as GPT-4.Palantir's AIP, which helps test and debug code and evaluate AI-related scenarios, can be used across defense and intelligence verticals, the company said.However, the availability of these services is subject to authorization and accreditation by government agencies.Co-founded by billionaire Peter Thiel, a significant portion of Palantir's revenue comes from government clients, with the U.S. government accounting for more than 40% of Palantir's total revenue in the June quarter.The company's early financial backers included CIA's venture arm, In-Q-Tel.Palantir and Microsoft will run bootcamps to promote their new services for defense and intelligence communities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368868269846648,"gmtCreate":1731093405964,"gmtModify":1731093410400,"author":{"id":"4088555865224950","authorId":"4088555865224950","name":"Dumplinggogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088555865224950","authorIdStr":"4088555865224950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SMCI\">$SUPER MICRO 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