To The Moon

Super Micro Computer stock surged over 11% in morning trading, reaching a new high.Barclays raised the firm's price target on Supermicro to $961 from $691 and keeps an Overweight rating on the shares. The firm says its recent Asia checks have been incrementally positive with artificial intelligence share gains and expanding backlog for Supermicro.

A handful of 'magnificent' tech stocks have been driving the stock market. Could that concentration turn into a problem for your 401 or stock portfolio?The Trillionaires rescued the S&P 500 in 2023, and they are now in full control of the market - for better or worse.Their power within the index also goes well beyond market-cap growth, at least if you toss out Tesla. Nvidia ended the S&P 500's earnings recession last year, and Big Tech's layoffs saved corporate America's record profit margins from declining along with inflation rates. In every way, this small group of companies was responsible for the market rebound in 2023, and it's also at the core of expectations for 2024 and beyond.That could be true for the long term, but it will be hard for any new rivals to compete against such powerfully entrenched and well-capitalized incumbents. And there could be short-term pain in store. I've voiced my doubts about an immediate artificial-intelligence windfall beyond Nvidia in 2024, with mo

Stock futures traded higher Monday as investors looked ahead to U.S. inflation data later in the week and pondered what influence the consumer price index and producer price index readings will have on monetary policy from the Federal Reserve.Tesla rose 5.7% to $262.73 after shares of the electric-vehicle maker were upgraded to Buy from Hold by Morgan Stanley analyst Adam Jonas, who also boosted the stock's price target to a Wall Street high of $400 a share, up from $250. The upgrade centers around artificial intelligence with Jonas writing that Tesla "has developed an advanced supercomputing architecture that pushes new boundaries in custom silicon and may put Tesla at an asymmetric advantage in a $10 trillion total addressable market.". American depositary receipts of Alibaba edged higher in premarket trading. Hong-Kong listed shares of Alibaba declined 2.7% after Daniel Zhang, former chairman of the e-commerce giant, stepped down as chairman and chief executive of its cloud busine

As 'EV mania' keeps fading, and concerns about their fundamentals keep rising, steer clear of these EV stocks to sell.

Key Insights The projected fair value for Alphabet is US$181 based on 2 Stage Free Cash Flow to Equity Alphabet is...

More chatbots are coming. Uber Technologies Inc. is developing its own bot. In earnings news, cloud services companies are showing early signs of a comeback, but generative AI hasn’t done much yet to

Tesla could emerge as a major winner in the AI revolution.

A solid order backlog and improving production ramp bode well for Nio's ongoing operational recovery and rising sales, Morgan Stanley said. ...

EV Maker Rivian to Adopt Tesla's Charging Standard