Nebius Return Rate
Microsoft$Super Micro Computer(SMCI.US) SMCI is trading slightly higher despite a broader market selloff, recovering from an 8.5% drop on Friday. The decline was triggered by stronger May payrolls, which raised the 10-year yield and reduced expectations for Federal Reserve rate cuts, alongside disappointing earnings guidance from Broadcom impacting AI hardware stocks. Recent developments include the launch of new AI infrastructure products and a $2 billion deal in India, though a compliance scandal involving smuggling accusations still poses a significant challenge for the company. I believe the stock is poised for a long term growth, and I'll be adding if there are any further dips. @Bridge Buzz SG
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