Just 1 on 4 AI Tasks Will Be Cost Effective in 10 Years - MIT Professor

Seeking Alpha17:00 ET

US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.

Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.

wallstreetcnJul 19 21:32 ET

Super Micro Computer Options Spot-On: On July 19th, 204.12K Contracts Were Traded, With 453.6K Open Interest

On July 19th ET, $Super Micro Computer(SMCI.US)$ had active options trading, with a total trading volume of 204.12K options for the day, of which put options accounted for 47.74% of the total

Moomoo NewsJul 19 16:30 ET

Super Micro Computer Options Spot-On: On July 18th, 210.55K Contracts Were Traded, With 426.44K Open Interest

On July 18th ET, $Super Micro Computer(SMCI.US)$ had active options trading, with a total trading volume of 210.55K options for the day, of which put options accounted for 50.35% of the total

Moomoo NewsJul 18 16:30 ET

What's Going On With Super Micro Computer Shares Today?

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) are trading lower on Thursday. The decline is part of a broader selloff in the semiconductor and hardware sectors, which have been experiencing

BenzingaJul 18 15:41 ET

Ansys, Nvidia, and Super Micro Partner To Boost Simulation Efficiency

Ansys Inc (NASDAQ:ANSS) is partnering with artificial intelligence server company Super Micro Computer, Inc (NASDAQ:SMCI) and Nvidia Corp (NASDAQ:NVDA) to provide turnkey hardware solutions that

BenzingaJul 18 13:09 ET