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Aether Holdings to Present at the Aegis Capital Corp. 2025 Virtual Conference on May 22nd

Aether Holdings to Present at the Aegis Capital Corp. 2025 Virtual Conference on May 22nd

Yahoo19-05-2025
NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) -- Aether Holdings, Inc. (Nasdaq: ATHR) ('Aether' or the 'Company'), an emerging financial technology platform company that offers proprietary research analytics, today announced that its management team is scheduled to present at the Aegis Capital Corp. 2025 Virtual Conference on Thursday, May 22nd, 2025.
Presentation Details:Date: May 22nd, 2025Time: 2:00 p.m. ETWebcast Registration: https://us02web.zoom.us/meeting/register/AfmnLxICTqmjEvoSG9-MMQ
Frank Cid, VP of Business Development at Aether Holdings, will present the Company's strategic vision, highlighting the recent launch of Alpha Edge Media, its digital-first content arm focused on expanding subscriber engagement through targeted newsletters and proprietary market insights.
'We are excited to showcase Aether at the Aegis Virtual Conference following our recent initial public offering,' said Nicolas Lin, CEO of Aether Holdings. 'This is a key moment to share how we're scaling subscriber engagement through Alpha Edge Media, our content engine designed to grow a data-rich investor audience. By connecting media, behavior, and analytics, we're creating a self-learning system that delivers smarter, faster insights and positions us to lead the next wave of fintech innovation."
About Aether Holdings, Inc.
Aether Holdings, Inc. (Nasdaq: ATHR) is an emerging financial technology holding company focused on transforming the way investors navigate the markets. Leveraging decades of market expertise and cutting-edge technology, Aether delivers proprietary tools, data, and research to empower traders with actionable insights and enhanced decision-making capabilities.
Aether's flagship platform, SentimenTrader.com, is designed to serve both retail and institutional investors by offering advanced sentiment analysis through the use of machine learning (ML) and artificial intelligence (AI) capabilities. With over 20 years of sentiment data integrated into its systems, Aether aims to provide its users with a powerful combination of technology and expertise, enabling them to make informed decisions to level up their trading in the markets.
Aether is committed to building an ecosystem that supports smarter, data-driven trading strategies, reinforcing its mission to empower the investing community and redefine excellence in fintech. By integrating advanced technologies, including artificial intelligence tools with the critical thinking and analytical abilities of its team of evidence-based trading veterans, Aether aims to provide its users with a powerful combination of technology and expertise, enabling them to make informed decisions to level up their trading in the markets.
Find out more about Aether Holdings at https://helloaether.com/
Cautionary Note Regarding Forward Looking Statements
This news release and statements of Aether's management in connection with this news release contain or may contain 'forward-looking statements' within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as 'expects', 'anticipates', 'intends', 'plans', 'believes', 'potential', 'will', 'should', 'could', 'would' or 'may' and other words of similar meaning. In this press release, forward-looking statements relate to the anticipated benefits to Aether of the launch and business plan for Alpha Edge Media as described herein. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For Aether, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to Aether's ability to adequately market its products and services, and to develop or acquire additional products and product offerings; (ii) risks related to intense competition in the fintech and financial newsletter sector; (iii) risk related to artificial intelligence and machine learning; (iv) the inability of Aether to maintain and protect its reputation for trustworthiness and independence; (v) the inability of Aether to attract new users and subscribers and convert free users to paying subscribers; (vi) similar risks and uncertainties associated with operating a relatively small business a rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and Aether therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://investor.helloaether.com/#sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.
Aether Holdings, Inc. ContactNicolas Lin, CEO(347) 363-0886ir@helloaether.com
Investor Relations ContactMatthew Abenante, IRCPresident, Strategic Investor Relations, LLC(347)-947-2093Email: matthew@strategic-ir.com
Media ContactJessica Starman, MBAmedia@helloaether.com
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Stock market today: Nasdaq secures record close as investors shake off tariff threats, eye key inflation data
Stock market today: Nasdaq secures record close as investors shake off tariff threats, eye key inflation data

Yahoo

time40 minutes ago

  • Yahoo

Stock market today: Nasdaq secures record close as investors shake off tariff threats, eye key inflation data

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June's Consumer Price Index (CPI) is expected to show prices rose at a faster clip compared to May. The report, due Tuesday at 8:30 a.m. ET, comes as investors closely monitor whether President Trump's tariffs are starting to filter through to what consumers pay, even as inflation data has so far remained more resilient than expected. According to Bloomberg data, headline CPI is expected to have increased 2.6% year over year in June, up from a 2.4% rise in May. On a monthly basis, prices are forecast to climb 0.3%, marking an acceleration from the 0.1% gain the prior month. On a "core" basis, which strips out volatile food and energy prices, the annual inflation rate for June is expected to come in at 2.9%, a slight pickup from May's 2.8%. Core prices are also projected to climb 0.3% month over month, outpacing the previous 0.1% rise seen in May. In May, falling car and apparel prices, categories seen as early indicators of tariff impacts, contributed to a cooler-than-expected core CPI reading. But economists expect those trends to reverse in June, potentially pushing core inflation higher. The report lands amid renewed trade tensions between the US and other countries. President Trump has unveiled new letters to over 20 countries outlining tariffs ranging from 20% to 50%, including a 35% duty on Canadian goods and 30% tariffs on imports from Mexico and the European Union. He has also floated sweeping 15% to 20% tariffs on most trading partners. The EU, in response, is scrambling to negotiate while preparing potential countermeasures. Read more here. The stock market continues to shake off President Trump's latest tariff threats. New letters from Trump over the weekend threatened 30% duties on goods from Mexico and the European Union. On Monday, he threatened 100% tariffs on Russia. Still, the S&P 500 (^GSPC) rose about 0.2% on Monday. Sure, perhaps part of this is the so-called TACO trade, a calling card for investors to stay invested because "Trump always chickens out" on his highest tariff threats. But Morgan Stanley chief investment officer Mike Wilson points out there's likely something more mathematical at play. The recent tariff announcements have said nothing about China, and as our Chart of the Day from Wilson shows, that's what matters to the widest array of industries. Wilson segmented various industries into different subsectors of exposure to tariffs. Seven categories, including technology and semiconductors, have "more material risk," meaning that import exposure in that group from China is more than 15% of the global total of imports. In other words, tariffs on China would hurt sectors like the tech sector more than tariffs on nearly any other country listed in Wilson's work. "The more material trade-elated risk for equity indices would be if tariff rates on China were to increase materially from here," Wilson wrote. "China is significant not only because of the number of industries with tariff cost exposure, but also because of the market cap weighting of those industries, in aggregate." Yahoo Finance's Brooke DiPalma reports: Read more here. Meta (META) stock gained 1% after CEO Mark Zuckerberg announced on Monday that the company plans to build several data centers in the US. "Meta Superintelligence Labs will have industry-leading levels of compute and by far the greatest compute per researcher," Zuckerberg wrote in a post on Threads. The news followed several high-profile AI hires at Meta as the tech company looks to spend billions to advance its AI efforts and break free of its dependence on third-party companies. Yahoo Finance's Daniel Howley reports: Read more here. 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Here's a look at stocks moving ahead of the opening bell: Nio (NIO): US-listed shares of Nio jumped 5% in premarket trading after the Chinese EV maker unveiled its line of ONVO L90 SUVs, which will be launched at the end of July. Early pre-sales boosted optimism about the competitiveness of the seven-seater vehicle. Nebius Group (NBIS): Nebius stock soared more than 7% after Goldman Sachs initiated coverage with a Buy rating, citing the company's role in providing AI infrastructure. Tesla (TSLA): Tesla stock rose 1.3% ahead of a shareholder vote to determine whether to invest in CEO Elon Musk's xAI startup. Musk announced the vote after SpaceX reportedly agreed to invest $2 billion in xAI. Lionsgate (LION): Lionsgate shares surged 11% premarket on reports that Legendary Entertainment was considering taking over the film studio. Check out more trending tickers here. Wall Street's giant lenders are getting set to report their second quarter results this week, kicking off earnings season in earnest. What a difference a quarter makes for the mood surrounding the US's largest banks, Yahoo Finance's David Hollerith reports: Read more here. Kenvue (KVUE) stock rose 4% in premarket trading after the company said CEO and board member Thibaut Mongon stepped down as part of a strategic review. The Tylenol maker, which spun off from Johnson & Johnson (JNJ) in 2023, named company director Kirk Perry as interim chief executive, per Reuters. "The Board's strategic review is underway, and we are considering a broad range of potential alternatives, including ways to simplify the company's portfolio and how it operates," board chair Larry Merlo said. Read more here. Stocks are on the back foot before the bell, but are still trading near record highs heading into a busy week of economic data and quarterly earnings reports. Yahoo Finance's Myles Udland lays out the highlights in what's coming this week: Read more here. Yahoo Finance UK's Lucy Harley-McKeown reports: The FTSE 100 (^FTSE) ticked higher and European stocks dropped on Monday morning, as traders digest the latest round of tariff threats by US President Donald Trump. The US and UK have already struck a partial trade deal, meaning tariff threats have less impact on the FTSE. Read more here. Reuters reports: Read more here. Bloomberg reports: Read more here. Stocks edged higher to kick off the week, with the Nasdaq Composite (^IXIC) notching a fresh record close Monday as investors looked past renewed trade tensions and turned their focus to a key inflation report and the start of second quarter earnings. The S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) also ended the session modestly in the green, rising about 0.1% and 0.2%, respectively, while the Nasdaq gained 0.3%. June's Consumer Price Index (CPI) is expected to show prices rose at a faster clip compared to May. The report, due Tuesday at 8:30 a.m. ET, comes as investors closely monitor whether President Trump's tariffs are starting to filter through to what consumers pay, even as inflation data has so far remained more resilient than expected. According to Bloomberg data, headline CPI is expected to have increased 2.6% year over year in June, up from a 2.4% rise in May. On a monthly basis, prices are forecast to climb 0.3%, marking an acceleration from the 0.1% gain the prior month. On a "core" basis, which strips out volatile food and energy prices, the annual inflation rate for June is expected to come in at 2.9%, a slight pickup from May's 2.8%. Core prices are also projected to climb 0.3% month over month, outpacing the previous 0.1% rise seen in May. In May, falling car and apparel prices, categories seen as early indicators of tariff impacts, contributed to a cooler-than-expected core CPI reading. But economists expect those trends to reverse in June, potentially pushing core inflation higher. The report lands amid renewed trade tensions between the US and other countries. President Trump has unveiled new letters to over 20 countries outlining tariffs ranging from 20% to 50%, including a 35% duty on Canadian goods and 30% tariffs on imports from Mexico and the European Union. He has also floated sweeping 15% to 20% tariffs on most trading partners. The EU, in response, is scrambling to negotiate while preparing potential countermeasures. Read more here. The stock market continues to shake off President Trump's latest tariff threats. New letters from Trump over the weekend threatened 30% duties on goods from Mexico and the European Union. On Monday, he threatened 100% tariffs on Russia. Still, the S&P 500 (^GSPC) rose about 0.2% on Monday. Sure, perhaps part of this is the so-called TACO trade, a calling card for investors to stay invested because "Trump always chickens out" on his highest tariff threats. But Morgan Stanley chief investment officer Mike Wilson points out there's likely something more mathematical at play. The recent tariff announcements have said nothing about China, and as our Chart of the Day from Wilson shows, that's what matters to the widest array of industries. Wilson segmented various industries into different subsectors of exposure to tariffs. Seven categories, including technology and semiconductors, have "more material risk," meaning that import exposure in that group from China is more than 15% of the global total of imports. In other words, tariffs on China would hurt sectors like the tech sector more than tariffs on nearly any other country listed in Wilson's work. "The more material trade-elated risk for equity indices would be if tariff rates on China were to increase materially from here," Wilson wrote. "China is significant not only because of the number of industries with tariff cost exposure, but also because of the market cap weighting of those industries, in aggregate." Yahoo Finance's Brooke DiPalma reports: Read more here. Meta (META) stock gained 1% after CEO Mark Zuckerberg announced on Monday that the company plans to build several data centers in the US. "Meta Superintelligence Labs will have industry-leading levels of compute and by far the greatest compute per researcher," Zuckerberg wrote in a post on Threads. The news followed several high-profile AI hires at Meta as the tech company looks to spend billions to advance its AI efforts and break free of its dependence on third-party companies. Yahoo Finance's Daniel Howley reports: Read more here. Procter & Gamble (PG) stock slipped about 2% on Monday after Evercore ISI analysts downgraded shares to In Line from Outperform, citing retail channel shifts and macro uncertainty. The analysts noted that P&G's sales growth could become capped as more consumers purchase household and personal care (HPC) items online with Amazon (AMZN) instead of at retailers like Walmart (WMT) and Costco (COST). "Our concern ... increasingly lies in adverse shifts in retail channels that challenge Procter's growth potential," the analysts wrote. "In the U.S., Amazon now accounts for 50% of all HPC growth, which creates a 2-point growth gap or one point globally relative to Procter's core retailers, mainly Walmart and Costco, where the firm remains competitively advantaged given scale and product superiority. A parallel shift to pure online in China compounds macro pressures and could delay a turnaround, in our view." Procter & Gamble's market share at Amazon is about one-third its share at Costco and Walmart, the analysts noted. They cut their price target on P&G stock to $170 from $190. Yahoo Finance's Jennifer Schonberger reports: Read more here. US stocks were little changed after President Trump floated secondary tariffs of up to 100% on Russia if the country does not make progress toward ending its war with Ukraine in 50 days. The S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) were roughly flat Monday afternoon, while the tech-heavy Nasdaq Composite (^IXIC) added about 0.2%. Per the FT: The tariffs Trump threatened would theoretically apply to the imports of countries that trade with Russia. Direct US trade with Russia has plummeted amid the war, but Russia still trades with many countries in Europe and Asia — most notably China. Yahoo Finance's Pras Subramanian reports: Read more here. Another Wall Street firm no longer sees the S&P 500 declining to finish the year. In a note to clients on Sunday, RBC Capital Markets boosted its year-end S&P 500 target to 6,250 from a prior target of 5,730. As RBC Capital Markets' Lori Calvasina noted, the adjustment comes amid the market's more than 25% bounce back from the April lows and essentially moves their target back to where it sat in mid-March before the bulk of the tariff turmoil began. "We feel neutral on the outlook for stocks in the 2nd half of 2025, and are mindful that our new price target is essentially in line with recent levels," Calvasina wrote. "We expect choppy conditions in the back half of the year, and swings in both directions." Calvasina noted that it's likely still "too early to stop worrying about tariff impacts" on corporate earnings and also highlighted a slowdown in recent momentum as reasons she remains cautious that the next major move for the benchmark index is higher. While Calvasina is at least the ninth strategist tracked by Yahoo Finance to recently raise their S&P 500 target from their April downward revision, she's also part of a growing list of those who aren't pounding the table for the rally to continue. Yardeni Research president Ed Yardeni, who maintains a 6,500 year-end target for the S&P 500, wrote in a note to clients on Sunday that the recent V-shape recovery in stocks could soon look more like a "square-root shaped pattern" where the rapid rise higher stalls out. Apple (AAPL) stock fell 1.2% in early trading on Monday as the iPhone maker faces pressure to shake up its artificial intelligence efforts and potentially acquire an established AI startup, such as Perplexity AI ( Bloomberg reports: Read more here. US stocks pulled back slightly on Monday as Wall Street braced for a turbulent week, with renewed trade tensions injecting uncertainty ahead of a key inflation report and the first wave of second-quarter earnings. The S&P 500 (^GSPC) was off about 0.1%, while the tech-heavy Nasdaq Composite (^IXIC) was roughly flat. The Dow Jones Industrial Average (^DJI) fell about 0.2%. Crypto stocks added to this year's gains on Monday as bitcoin (BTC-USD) surpassed $120,000 for the first time. The rally in crypto highlighted optimism in the sector as House lawmakers kicked off "Crypto Week," which is expected to result in new crypto-friendly stablecoin legislation. Coinbase (COIN), the largest crypto exchange, rose 1.6%, while Robinhood (HOOD) gained nearly 3%. Stablecoin issuer Circle (CRCL) added 0.5%. Strategy (MSTR) was up 2.8%. The Michael Saylor-led firm is one of the largest corporate holders of bitcoin through its bitcoin treasury. Bitcoin was trading just below $121,000 as of 9 a.m. ET. Here's a look at stocks moving ahead of the opening bell: Nio (NIO): US-listed shares of Nio jumped 5% in premarket trading after the Chinese EV maker unveiled its line of ONVO L90 SUVs, which will be launched at the end of July. Early pre-sales boosted optimism about the competitiveness of the seven-seater vehicle. Nebius Group (NBIS): Nebius stock soared more than 7% after Goldman Sachs initiated coverage with a Buy rating, citing the company's role in providing AI infrastructure. Tesla (TSLA): Tesla stock rose 1.3% ahead of a shareholder vote to determine whether to invest in CEO Elon Musk's xAI startup. Musk announced the vote after SpaceX reportedly agreed to invest $2 billion in xAI. Lionsgate (LION): Lionsgate shares surged 11% premarket on reports that Legendary Entertainment was considering taking over the film studio. Check out more trending tickers here. Wall Street's giant lenders are getting set to report their second quarter results this week, kicking off earnings season in earnest. What a difference a quarter makes for the mood surrounding the US's largest banks, Yahoo Finance's David Hollerith reports: Read more here. Kenvue (KVUE) stock rose 4% in premarket trading after the company said CEO and board member Thibaut Mongon stepped down as part of a strategic review. The Tylenol maker, which spun off from Johnson & Johnson (JNJ) in 2023, named company director Kirk Perry as interim chief executive, per Reuters. "The Board's strategic review is underway, and we are considering a broad range of potential alternatives, including ways to simplify the company's portfolio and how it operates," board chair Larry Merlo said. Read more here. Stocks are on the back foot before the bell, but are still trading near record highs heading into a busy week of economic data and quarterly earnings reports. Yahoo Finance's Myles Udland lays out the highlights in what's coming this week: Read more here. Yahoo Finance UK's Lucy Harley-McKeown reports: The FTSE 100 (^FTSE) ticked higher and European stocks dropped on Monday morning, as traders digest the latest round of tariff threats by US President Donald Trump. The US and UK have already struck a partial trade deal, meaning tariff threats have less impact on the FTSE. Read more here. Reuters reports: Read more here. Bloomberg reports: Read more here. Sign in to access your portfolio

Super Micro Computer Stock (SMCI) Bulls Eye $100 Price Target
Super Micro Computer Stock (SMCI) Bulls Eye $100 Price Target

Business Insider

timean hour ago

  • Business Insider

Super Micro Computer Stock (SMCI) Bulls Eye $100 Price Target

Super Micro Computer (SMCI) has posted an eye-popping 1,677% return over the past five years, yet the stock now sits 57% below its 2024 peak of around $114. Its meteoric rise is being fueled by the AI boom, with its high-performance servers perfectly positioned to meet surging demand. Lately, though, investor sentiment has cooled due to accounting concerns and tightening margins. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Even so, SMCI's strong growth outlook and attractive valuation point to a potential rebound. If the company can navigate near-term challenges, a return to previous highs remains well within reach. Fueling the Surge: The AI Boom Over the past five years, SMCI has ridden the trend of artificial intelligence and data center expansion with its customizable, high-efficiency servers becoming critical for enterprises and hyperscalers scaling AI infrastructure. To quantify this trend, note that from 2020 to 2024, SMCI's revenue soared from $3.34 billion to $15 billion, with a 110.42% year-over-year leap in 2024 alone, driven by partnerships with NVIDIA (NVDA) and AMD (AMD). In the meantime, its U.S.-based manufacturing and leadership in liquid-cooling technology have further solidified its edge, meeting the market's push for sustainable, high-performance solutions. Wall Street has grown increasingly bullish on SMCI, thanks to its ability to deliver modular, scalable systems that have made it a top choice for cloud providers and AI-focused companies. Its inclusion in the NASDAQ 100 in 2023 further elevated its profile and fueled investor optimism. That momentum hasn't faded. With the global data center market projected to hit $528 billion this year and grow at a high-single-digit pace through the decade, SMCI stands to benefit significantly. Its innovative product lineup positions it well to capture a sizable share of this expanding market. SMCI Arrests Stock Market Slide Despite the strong long-term themes supporting SMCI and a solid base of bullish investors, the stock has faced serious headwinds since reaching its 2024 peak. A critical report last year resurfaced concerns over accounting practices, echoing a 2018 SEC probe that resulted in fines and a temporary NASDAQ delisting. The fallout was swift: shares plunged nearly 85% at their lowest point. Investor confidence was further rattled by a delayed 10-K filing, raising fears of another potential delisting, while ongoing investigations by the DOJ and SEC cast an even darker cloud. The effect on SMCI's share price has been significant. As TipRanks data shows, SMCI's performance against the broader S&P 500 (SPX) benchmark has been lackluster to say the least. SMCI has lagged the S&P by over 40%. Operational challenges have added to the pressure. SMCI's most recent quarterly results fell short of expectations, with revenue coming in at $4.6 billion versus a forecasted $5 billion. Adjusted EPS dropped to $0.31 from $0.66 a year earlier, hit by inventory write-downs on older-generation GPUs and customer delays tied to the transition to NVIDIA's Blackwell architecture. Gross margins shrank to 9.7%, down 220 basis point s from the previous quarter, due to rising costs and a mix shift toward lower-margin hyperscale contracts. Meanwhile, a $2 billion convertible note offering raised dilution concerns, further weighing on sentiment. Robust Growth Prospects: A Bright Horizon Despite recent setbacks, SMCI has now addressed its accounting concerns, and its long-term growth outlook remains firmly intact, driven by the ongoing surge in AI infrastructure demand. Even with last quarter's top-line miss, revenue still climbed 19% year-over-year, with AI GPU platforms making up over 70% of total sales—a clear sign of strong adoption among enterprise clients and cloud providers. CEO Charles Liang emphasized SMCI's first-mover advantage with next-gen GPU platforms and its Datacenter Building Block Solutions (DCBBS), which are expected to power growth as customers transition to technologies like NVIDIA's Blackwell architecture starting in Q4 2025. The company is also expanding aggressively, building out facilities in Malaysia, Taiwan, and Europe to keep pace with global demand. Its upcoming DLC-2 liquid-cooling solution and strategic partnerships with NVIDIA and Ericsson on edge AI infrastructure further strengthen its competitive position in the $367 billion data center market. Reflecting this momentum, management is guiding for Q4 2025 revenue between $5.6 billion and $6.4 billion, with adjusted EPS of $0.40 to $0.50, signaling confidence in both margin recovery and production scale-up. A Bargain with Upside Potential At today's share price, SMCI trades at 23x this year's expected EPS of $2.08, a compelling multiple given its growth trajectory. At the same time, analysts forecast EPS growth of 34% in 2026 and 28% in 2027, which is to be driven by AI demand and improving supply chains. So SMCI's forward P/Es quickly fall to mid-teens below $50 per share, which means that as SMCI achieves these targets, investors are likely to chase the stock higher. So yes, risks remain, including rising competition and potential tariff impacts. Still, the broader AI and data center trends remain powerful tailwinds, with SMCI's leadership in high-efficiency servers and cooling systems aligning with market demand. Is SMCI Stock a Good Buy? Analyst sentiment on SMCI is currently mixed, reflecting a divide between those who view it as a value opportunity and those who remain cautious. The stock holds a Moderate Buy consensus, based on six Buy, six Hold, and two Sell ratings issued over the past three months. Notably, SMCI's average 12-month price target stands at $42.67, implying about 13% downside from current levels. This suggests that, unlike my more optimistic outlook, Wall Street isn't yet convinced the stock is on track to reclaim its previous highs. SMCI Set for Rebound as Wall Street Remains Unconvinced Despite recent volatility, SMCI continues to play a vital role in the AI infrastructure landscape, backed by strong fundamentals, accelerating demand, and an attractive valuation. Its leadership in next-generation server and cooling technologies, expanding global presence, and strategic partnerships position the company well for long-term growth. Now that its accounting concerns are resolved and margin pressures appear set to ease, SMCI looks poised to regain lost ground. While Wall Street's conviction in the stock remains lukewarm for now, the underlying story suggests meaningful upside for those willing to look past the near-term noise.

Nvidia Expects US License to Resume AI Chip Sales to China
Nvidia Expects US License to Resume AI Chip Sales to China

Bloomberg

timean hour ago

  • Bloomberg

Nvidia Expects US License to Resume AI Chip Sales to China

Good morning. Nvidia gets the nod from the US to resume AI chip sales to China. The EU will target American cars and bourbon in tariff countermeasures. And Rachel Reeves gives a major speech to the City of London tonight. Listen to the day's top stories. Nvidia plans to resume sales of its H20 AI chip to China based on assurances from Washington that such shipments would be approved, a dramatic reversal from the Trump administration's earlier stance. Nasdaq 100 futures rose after the announcement, while Asian shares wavered as traders awaited key US inflation data.

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