SPDR Dow Jones Industrial Average ETF

SPDR S&P 500 ETF Trust

Invesco QQQ Trust Series 1

SSgA Active Trust - SPDR S&P 500 ETF Trust

Amidst broad market volatility and tech sector struggles, the SPY is trending as the community debates whether this pullback signals a buying opportunity or the start of a deeper correction. Discussion revolves around potential catalysts, including the impact of economic data, Fed policy, and geopolitical events, while some traders point to technical indicators suggesting oversold conditions.

Webull Corp. engages in the provision of financial services. It offers trading, wealth management product distribution, market data and information, user community, and investor education. The company was founded by An Quan Wang in 2016 and is headquartered in St. Petersburg, FL.

Webull Corp. - Ordinary Shares - Class A

Webull Corp

Webull ($BULL) is trending amid discussions around its earnings report, with community members debating whether the results justify the current stock price. Initial reactions were mixed due to some outlets initially reporting incorrect numbers. Bullish investors cite customer asset growth and potential for future gains, while others express concerns about dilution and overall market conditions.

Invesco Capital Management LLC - Invesco QQQ Trust Series 1

The Invesco QQQ Trust Series 1 ($QQQ) is experiencing high volatility as traders grapple with mixed signals and a sharp intraday reversal. Community discussions center around potential market manipulation, the impact of $NVDA's earnings, and speculation about future interest rate decisions. Some traders are anticipating a bounce, while others fear a deeper correction, creating uncertainty around the direction of the tech-heavy ETF.

Ondas Holdings, Inc. engages in the development, marketing, and sale of wireless radio systems for secure, wide area mission-critical business-to-business networks. It operates through the Ondas Networks and Ondas Autonomous Systems segments. The Ondas Networks segment provides wireless connectivity solutions enabling mission-critical Industrial Internet applications and services. The Ondas Autonomous Systems segment designs, develops, and markets commercial drone solutions via the Optimus System and Scout System. The company was founded on December 22, 2014 and is headquartered in Boston, MA.

Ondas Holdings Inc

ONDS is trending after a significant investment in Performance Drone Works (PDW), a U.S. defense technology company specializing in AI-enabled combat robotics, as well as an $8.2M contract win. The community is discussing the potential impact of this investment on production scaling and Ondas's position in the autonomous defense sector. Despite market volatility, many express optimism about ONDS's growth potential and ability to secure further contracts.

BlackRock Institutional Trust Company N.A. - iShares Russell 2000 ETF

iShares Russell 2000 ETF

IWM is trending due to concerns about the small-cap sector's vulnerability amid fading rate cut hopes and institutional put buying, with community members closely watching key support levels and potential downside risks. Discussions revolve around whether the ETF can reclaim crucial price levels, as some traders point to technical formations suggesting further declines while others anticipate a potential oversold bounce. Overall, the conversation highlights uncertainty and a cautious outlook for small-cap performance in the near term.

NIO, Inc. is a holding company which engages in the design, manufacture, and sale of electric vehicles. Its products include the EP9 supercar and ES8 7-seater SUV. It provides users with home charging, power express valet services, and other power solutions including access to public charging, access to power mobile charging trucks, and battery swapping. It also offers other value-added services such as service package, battery payment arrangement, and vehicle financing and license plate registration. The company was founded by Bin Li and Li Hong Qin on November 28, 2014 and is headquartered in Jiading, China.

NIO Inc - ADR

NIO Inc

NIO is trending as investors discuss its recent price decline and potential for a rebound ahead of upcoming earnings, with some citing market manipulation and overselling as key factors; the community is also weighing the impact of potential profitability and new partnerships on the stock's future performance amid broader concerns about the EV sector and the overall market.

Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). The CNBU segment includes memory products and solutions sold into client, cloud server, enterprise, graphics, and networking markets. The MBU segment is involved in memory and storage products sold into smartphone and other mobile-device markets. The EBU segment focuses on memory and storage products sold into automotive, industrial, and consumer Markets. The SBU segment consists of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets. The company was founded by Ward D. Parkinson, Joseph Leon Parkinson, Dennis Wilson, and Doug Pitman on October 5, 1978 and is headquartered in Boise, ID.

Micron Technology Inc.

Micron Technology Inc

Micron Technology (MU) is trending amidst a broader market downturn, with community chatter focused on a recent price drop from multi-year highs. Despite positive analyst ratings and long-term growth prospects tied to AI-driven memory demand, some traders believe MU was overbought, leading to profit-taking and increased volatility. Traders are closely watching for a potential bounce and upcoming earnings data.

Walmart, Inc. engages in the retail and wholesale business. The company offers an assortment of merchandise and services at everyday low prices. It operates through the following business segments: Walmart U.S., Walmart International, and Sam's Club. The Walmart U.S. segment operates as a mass merchandiser of consumer products, operating under the Walmart and Walmart Neighborhood Market brands, including walmart.com. The Walmart International segment includes operations of wholly-owned subsidiaries in Canada, Chile, China, and Africa, and majority-owned subsidiaries in India, as well as Mexico and Central America. The Sam's Club segment manages membership-only warehouse clubs and operates samsclub.com. The company was founded by Samuel Moore Walton and James Lawrence Walton on July 2, 1962 and is headquartered in Bentonville, AR.

Walmart Inc

Walmart is trending as investors digest recent earnings, a planned move to the Nasdaq, and a CEO transition. Community members are discussing whether Walmart is a safe haven amid market uncertainty, while also weighing the impact of consumer spending trends and SNAP benefits. Some traders are analyzing technical patterns, while others are highlighting Walmart's push into e-commerce and AI.

Bitmine Immersion Technologies, Inc. is a blockchain technology company, which engages in industrial scale digital asset mining, equipment sales, and hosting operations. It operates through the Cryptocurrency Mining Industry segment. The company was founded on August 16, 1995 and is headquartered in Las Vegas, NV.

BitMine Immersion Technologies Inc

Bitmine Immersion Technologies Inc

BMNR is trending downwards, with community members expressing concerns about the stock's performance relative to ETH and overall crypto market conditions. Disappointment and frustration are directed towards figures like Tom Lee, with skepticism surrounding price predictions and strategic decisions. Investors are closely watching for potential earnings catalysts or staking strategy announcements that could shift momentum.

PayPal Holdings, Inc. engages in the development of technology platforms that enable digital payments and simplifies commerce experiences on behalf of merchants and consumers worldwide. Its solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. The firm also enables consumers to exchange funds with merchants using funding sources, which include bank account, PayPal account balance, PayPal Credit account, credit, and debit card or other stored value products. It operates through United States and Other Countries geographical segments. The company was founded in December 1998 and is headquartered in San Jose, CA.

PayPal Holdings Inc

PayPal is trending downwards, with community members expressing frustration over its continued decline despite positive earnings reports and buybacks; the stock's performance is being heavily debated relative to its peers, with some suggesting potential undervaluation while others point to leadership concerns and broader market anxieties as contributing factors. Discussions include the impact of the CEO's recent presentation, potential buyback accelerations, and comparisons to competitors in the fintech space, reflecting uncertainty about the company's future trajectory.

statis crypto Watchlist

Bitcoin

Ethereum

Solana

Ripple

Dogecoin

Cardano

statis IN Watchlist

Nifty 50

Nifty Bank

Reliance Industries Ltd.

Zomato Ltd.

Tata Consultancy Services

Tata Motors Ltd.

HDFC Bank Ltd.

ITC Ltd.

Adani Enterprises Ltd

Axis Bank Ltd

Bajaj Finance Ltd

statis US Watchlist

SPDR S&P 500 ETF

Apple Inc.

Tesla Inc

Microsoft Corporation

NVIDIA Corp

 Hey, I want to invite you to join Stocktwits. It’s the largest global community of active traders. You’ll get access to the real-time market insights, news, discussion and much more! You can sign up using my unique link below 
 


 has invited you to join Stocktwits

Hindenburg Research, known for its scathing reports on India’s Adani Group and billionaire activist investor Carl Icahn, has disclosed a short position on server-maker Super Micro Computer (SMCI) on Tuesday citing “fresh evidence of accounting manipulation, sibling self-dealing and sanctions evasion.”Shares of SMCI fell over 3% on Tuesday, dragging retail sentiment down, following the disclosure.Hindenburg Research said its three-month investigation into the firm found glaring accounting red flags, evidence of undisclosed related party transactions, sanctions and export control failures, and customer issues.The short-seller said that less than three months after paying a $17.5 million SEC settlement, Super Micro began re-hiring top executives that were directly involved in the accounting scandal, according to litigation records and interviews with former employees.Hindenburg cited a former employee saying “almost all of them are back. Almost all of the people that were let go that were the cause of this malfeasance.”This is important given the fact that SMCI was charged by the SEC by August 2020 for “widespread accounting violations,” primarily related to over $200 million in improperly recognized revenue and understated expenses, that resulted in artificially elevated sales, earnings and profit margins.Hindenburg also stated that Super Micro’s relationships with both disclosed and undisclosed related parties “serve as fertile ground for dubious accounting.”According to the short-seller, disclosed related party suppliers Ablecom and Compuware, controlled by Super Micro CEO Charles Liang’s brothers, have been paid $983 million in the last three years.&nbsp;Hindenburg cited trade records to add that the related parties appear to do little other business with approximately 99.8% of Ablecom’s exports to the U.S. since 2020 going to Super Micro, and about 99.7% of Compuware’s U.S. exports made to Super Micro.The short-seller also said exports of Super Micro’s high-tech components to Russia have spiked by approximately three times since the invasion of Ukraine, “apparently violating U.S. export bans,” according to its review of more than 45,000 import/export transactions.<figure class="image"><a href="https://stocktwits.com/symbol/SMCI"><img style="aspect-ratio:1890/536;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2024_08_27_at_12_18_36_PM_6d78c56947.png" alt="SMCI sentiment meter as of 11:55 a.m. ET on August 27, 2024" width="1890" height="536"></a><figcaption>SMCI sentiment meter as of 11:55 a.m. ET on August 27, 2024</figcaption></figure>“After extensive research, we have taken a short position in shares of Super Micro Computer, Inc. This report represents our opinion, and we encourage every reader to do their own due diligence. Please see our full disclaimer at the bottom of the report,” Hindenburg Research stated.Retail investors on Stocktwits have gone ‘extremely bearish’ (6/100) on the stock with the metric hitting a one-year low. The stock has nearly doubled this year supported by the AI-fueled enthusiasm.In the coming weeks, it will be interesting to watch whether investors decide to fall in line with Hindenburg Research’s take on the company or the AI-hype takes precedence over the allegations.Also See: <a href="https://stocktwits.com/news/markets/equity/jd-stock-rises-after-new-share-repurchase-program/c7wEds9RcY">JD.com Stock Rises After New $5 Billion Share Repurchase Program: Retail Investors Exuberant</a>&nbsp;&nbsp;&nbsp;&nbsp;

Hindenburg Research said SMCI began re-hiring top executives directly involved in the accounting scandal soon after SEC settlement.

SMCI Stock Dips After Hindenburg Research Discloses Short Position: Retail Sentiment Plummets

Hindenburg Research, known for its scathing reports on India’s Adani Group and billionaire activist investor Carl Icahn, has disclosed a short position on server-maker Super Micro Computer

SMCI Stock Dips After Hindenburg Research Discloses Short Position

Equity

Hindenburg Research said its three-month investigation into the firm found glaring accounting red flags, evidence of undisclosed related party transactions, sanctions and export control failures, and customer issues.

Current Price	$44.23
Prev Close	$45.78
Open	$47.17
Dividend Yield	N/A
50-Day Moving Average	$47.55
Beta	N/A
Avg. Volume	651,543.09
PE Ratio	N/A

52-Week High	$51.79
52-Week Low	$26.31
Market Capitalization	N/A
EPS (Annual)	N/A
Price to Book	N/A
Revenue Per Employee	N/A
Enterprise Value/EBITDA	N/A

IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF

Feed

News

Sentiment

Fundamentals

Info

Latest IRBO News

IRBOBlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF