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Applied Digital Corp. is a technology company, which engages in the provision of development and operation of data centers which provide computing power. It operates through the Data Center Hosting Business and HPC Hosting Business segments. The Data Center Hosting Business segment provides energized infrastructure services to crypto mining customers. The HPC Hosting Business segment focuses on the designing, constructing, and operating data centers tailored to support high power density applications like HPC and AI. The company was founded by Wesley Carl Cummins and Jason Zhang in May 2001 and is headquartered in Dallas, TX.

Applied Digital Corporation

Applied Digital is trending following positive earnings and news of a significant AI lease deal, with the community buzzing about a potential short squeeze. A price target increase from Roth Capital is adding fuel to the fire, as investors discuss the company's prospects in AI infrastructure and data centers. Some community members are comparing it to other high-growth stocks and discussing strategies around calls and puts, while others are considering it for long-term investment.

SEALSQ Corp. is a holding company, which engages in the security of microcontrollers. It operates through the following geographical segments: North America, Europe, Middle East, Africa, Asia Pacific, and Latin America. It focuses on authentication process, digital certification, and covering individual patents of semiconductors. The company was founded on April 1, 2022 and is headquartered in Cointrin, Switzerland.

SEALSQ Corp

SEALSQ Corp is trending due to a strategic partnership focused on developing quantum-resistant chips for U.S. defense applications, igniting discussions about future government contracts. The community is actively evaluating the company's growth potential relative to other quantum computing stocks. Many investors are describing LAES as undervalued with potential for a significant upward trajectory.

Quoin Pharmaceuticals Ltd. engages in the development of therapeutic products for the treatment of rare and orphan diseases. Its product pipeline includes QRX003, QRX004, QRX007, and QRX008. The company was founded by Michael Myers and Denise Carter on March 5, 2018 and is headquartered in Ashburn, VA.

Quoin Pharmaceuticals Ltd - ADR

Quoin Pharmaceuticals is trending following news of positive clinical data for their QRX003 treatment, specifically in a pediatric peeling skin syndrome study. The community is actively discussing the stock's low float and potential for a short squeeze, drawing comparisons to other recent low-float biotech runners. Some traders caution about dilution and the company's history, while others remain bullish, citing the potential of the treatment and market opportunity.

TeraWulf, Inc. owns and operates fully integrated environmentally clean bitcoin mining facilities in the United States. TeraWulf will generate domestically produced bitcoin powered by nuclear, hydro and solar energy. The company was founded by Paul Prager and Nazar Khan on February 8, 2021 and is headquartered in Easton, MD.

TeraWulf Inc

TeraWulf is trending due to discussions around a potential short squeeze, fueled by its high short interest and Google's stake in the company, as well as its shift towards AI data centers. Community members are closely watching resistance levels and anticipating a breakout, comparing it to other stocks in the sector and discussing potential price targets. The stock's technical ratings and the broader context of data center shortages are also contributing to the increased interest.

American Battery Technology Co. is a technology company, which engages in the development and marketing of lithium-ion batteries. Its projects include recycling plant, United States Advanced Battery Consortium (USABC), and Tonopah flats. The company was founded on October 6, 2011 and is headquartered in Reno, NV.

American Battery Technology Company

American Battery Technology Company ($ABAT) is trending as the stock price increases, spurring excitement among long-term investors who have been holding shares for several years and are now seeing significant gains. Community members are actively discussing potential price targets and the impact of upcoming news, particularly around the PFS (Pre-Feasibility Study). The company's positioning in lithium recycling, especially with potential government support and China's export controls, is also a key talking point.

ASP Isotopes, Inc. is a pre-commercial stage advanced materials company, which engages in the development of technology and processes that will allow for the enrichment of natural isotopes into higher concentration products. Its products include medical, green energy, and Industrial isotopes. The company was founded by Paul E. Mann and Robert Ainscow on September 13, 2021 and is headquartered in Washington, DC.

ASP Isotopes Inc

ASPI is trending due to high volume and speculation about a potential news leak, with community members discussing a possible short squeeze and potential catalysts. Bullish sentiment is fueled by upcoming milestones like the QLE spinoff, while others express skepticism and caution about the stock's volatility. Traders are actively monitoring price action and technical indicators, awaiting further company updates.

MARA Holdings, Inc. is a digital asset technology company, which engages in mining cryptocurrencies with a focus on the Bitcoin ecosystem. It also deals with owning and operating bitcoin mining facilities or data centers, selling proprietary software or technology to third parties operating in the Bitcoin ecosystem, offering advisory and consulting services to support Bitcoin mining ventures in domestic and international jurisdictions, and generating electricity from renewable energy resources or methane gas capture to power Bitcoin mining projects. The company was founded on February 23, 2010 and is headquartered in Hallandale Beach, FL.

MARA Holdings Inc.

Marathon Digital Holdings Inc

MARA is trending as discussions revolve around its potential to catch up with other miners like CLSK and IREN, with some expressing frustration over its underperformance and management. Community members are debating whether its current valuation reflects its Bitcoin holdings and future AI prospects. Short interest remains high, fueling speculation about a potential squeeze.

Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins.  Why Litecoin? Litecoin is a cryptocurrency that has evolved from Bitcoin after its own popularity in the industry, this alternative, or ‘altcoin’ has emerged to allow investors to diversify their digital currency package, according to Investopedia. Litecoin is one of the most prominent altcoins and was created by former Google employee and Director of Engineering at Coinbase, Charlie Lee. Litecoin was the first to alter Bitcoin and the most significant difference is that it takes 2.5 minutes for Litecoin to generate a block, or transaction, in comparison to Bitcoin's 10 minutes.  ‘While this matters little to traders, miners who use hardware to run Bitcoin's network cannot switch over to Litecoin. This keeps bigger mining conglomerates away from Litecoin because they cannot easily optimize their profits by swapping to another coin, contributing to a more decentralized experience. Litecoin also has bigger blocks, and more coins in circulation, making it more affordable and swift when transacting,’ Investopedia explained.  As explained above, Litecoin can transact a lot faster than Bitcoin, but there are also a number of other characteristics that investors need to know before trading. Litecoin can handle higher volumes of transactions because of the capability of transacting faster and if Bitcoin attempted to transact on the scale of its altcoin, a code update would be needed. However, Litecoin’s blocks would be larger, but with more ‘orphaned blocks'. The faster block time of litecoin reduces the risk of double spending attacks - this is theoretical in the case of both networks having the same hashing power.  Litecoin Technical Details: The transaction confirmation time taken for Litecoin is about 2.5 minutes on average (as compared to Bitcoin's 10 minutes). The Litecoin network is scheduled to cap at 84 million currency units.   Litecoin has inspired many other popular alternative currencies (eg. Dogecoin) because of its Scrypt hashing algorithm in order to prevent ASIC miners from mining those coins. However it is said that by the end of this year, Scrypt ASIC will enter the mass market.

Litecoin

Litecoin is surging, fueled by speculation around a potential ETF and positive technical indicators, leading to renewed interest in the crypto asset. The community is actively discussing price targets and potential breakouts, while also debating whether this rally will be sustained. Some traders are pointing to Litecoin's historical performance relative to Bitcoin, suggesting it is undervalued.

IonQ, Inc. develops and manufactures quantum computers. The firm specializes in quantum computing and quantum information processing. The company was founded by Christopher Monroe and Jung Sang Kim in 2015 and is headquartered in College Park, MD.

IonQ Inc

IONQ is trending due to a recently announced $2 billion equity offering, leading to community debate about dilution and valuation. While some view the offering, priced at a premium, as a bullish sign of investor confidence in the quantum computing company's future, others express concerns about the long-term impact on shareholders and the sector's high valuations.

Rocket Lab Corp. engages in the development of rocket launch and control systems for the space and defense industries. It operates through the Launch Services and Space Systems segments. The Launch Services segment provides launch services to customers on a dedicated mission or ride share basis. The Space Systems segment consists of spacecraft engineering and design services, spacecraft components, spacecraft manufacturing, and on-orbit mission operations. The company is headquartered in Long Beach, CA.

Rocket Lab Corp.

Rocket Lab USA Inc

Rocket Lab is trending as investors react to recent news, including a new multi-launch agreement with Japan's iQPS. The community is actively discussing the potential impact of this deal, along with speculation about upcoming catalysts like the Neutron launch and potential government contracts. Some traders caution about short-term overvaluation, while long-term bulls remain confident in the company's growth prospects.

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Should You Invest in the First Trust NASDAQ-100-Technology Sector ETF (QTEC)?

Is First Trust NASDAQ-100-Technology Sector ETF (QTEC) a Strong ETF Right Now?

MongoDB (MDB) shares tumbled as much as 19% in pre-market trade on Thursday after issuing underwhelming guidance for fiscal 2026, triggering a downgrade from Wells Fargo and a wave of price target cuts across Wall Street.The database software company&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/mongodb-plummets-aftermarket-as-guidance-misses-estimates/cheFYBNR68">reported</a> fourth-quarter (Q4) earnings per share (EPS) of $1.28, nearly doubling analysts’ expectations of $0.66.&nbsp;Revenue came in at $548.4 million, exceeding estimates of $519.84 million.Despite the strong results, Wall Street seems rattled by MongoDB’s outlook.&nbsp;The company projected fiscal 2026 revenue between $2.24 billion and $2.28 billion, falling short of the consensus estimate of $2.32 billion.&nbsp;Earnings guidance&nbsp;is forecast between&nbsp;$2.44 and $2.62, well below Wall Street’s estimate of $3.39.Wells Fargo downgraded the stock to ‘Equal Weight’ from ‘Overweight’ and slashed its price target by more than $100 to $225 from $365.The brokerage noted that MongoDB’s guidance and slowing multi-year deals suggest a challenging fiscal 2026.&nbsp;Wells Fargo views the upcoming year as a “transition period” for the company, warning that revenue growth will “significantly decelerate” and limit the stock’s upside.It added that MongoDB is still in the early stages of monetization, with Atlas starting to see further stabilization in its note to investors.&nbsp;Atlas revenue contributed to 68% of MongoDB's topline and climbed 32.6% year-over-year, outpacing overall company growth.Other major firms, including Barclays, Bank of America, Morgan Stanley, and Piper Sandler, maintained their ‘Buy’-equivalent ratings but reduced their price targets,&nbsp;citing the weak guidance, according to TheFly.<figure class="image"><img style="aspect-ratio:1296/314;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2025_03_06_073150_b10033171b.png" alt="Screenshot 2025-03-06 073150.png" width="1296" height="314"><figcaption>MongoDB retail sentiment and message volume on March 6 as of 7:30 a.m. ET | Source: Stocktwits</figcaption></figure>On Stocktwits, retail sentiment around <a href="https://stocktwits.com/symbol/MDB">MongoDB’s stock</a> surged to ‘extremely bullish’ from ‘neutral’ a day ago, despite Wall Street’s pessimism.Retail chatter jumped to&nbsp;year highs,&nbsp;rising to ‘extremely high’ levels.Some users questioned why MongoDB consistently issues conservative guidance even though its earnings often align with estimates.<stembedurl>https://stocktwits.com/TheVoic/message/606971120</stembedurl>One user speculated that the stock may struggle to recover if the company continues to report negative profit margins and weak guidance each quarter.<stembedurl>https://stocktwits.com/Ranga14r/message/606969034</stembedurl>MongoDB shares have lost nearly 40% over the past year but remain up 12% year-to-date.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read also: <a href="https://stocktwits.com/news-articles/markets/equity/traders-buy-strategy-stock-ahead-michael-saylor-at-trump-white-house-crypto-summit/cheF6mgR6U">Retail Traders Bet Big On Strategy’s Stock Ahead Of Michael Saylor’s Appearance At Trump’s White House Crypto Summit</a> &nbsp;

Mongodb Headquarters (Photo via Smith Collection/Gado/Getty Images).

MongoDB Stock Sinks Pre-Market As Weak Guidance Spawns Downgrade, Price Target Cuts – But Retail Isn’t Worried

Wells Fargo downgraded the stock to ‘Equal Weight’ from ‘Overweight’ and slashed its price target by more than $100 to $225 from $365.

Equity

Arm Holdings stock&nbsp;declined over 7%, while shares of Qualcomm rose over 2% after the latter won the legal dispute between the two companies.This marks a 4-month low for Arm, which was last seen trading at these levels in September.Over the weekend, a U.S. federal court sided with Qualcomm after a week-long trial, ruling that its licensing agreement with Arm remained intact despite claims of a breach.&nbsp;The dispute arose after Qualcomm acquired Nuvia, a startup that utilizes Arm's architecture in chip design.&nbsp;Arm alleged that Qualcomm owed higher royalties because Nuvia’s products fell under Qualcomm's umbrella, thus broadening its reliance on Arm’s patents.<figure class="image"><img style="aspect-ratio:1302/289;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2024_12_23_101118_e1d8a7efde.png" alt="Screenshot 2024-12-23 101118.png" width="1302" height="289"><figcaption>Arm Sentiment and Message Volume on Dec 23 as of 10:05 a.m. ET | Source: Stocktwits</figcaption></figure>On Stocktwits, retail sentiment around Arm remained ‘neutral,’ with chatter increasing to ‘normal’ from ‘low’ levels as users debated whether Qualcomm's partial win had impacted the status quo.&nbsp;<stembedurl>https://stocktwits.com/Vikingmilkman/message/597590709</stembedurl><stembedurl>https://stocktwits.com/jjg111/message/597587654</stembedurl><stembedurl>https://stocktwits.com/Bee4ev/message/597576980</stembedurl>The jury’s decision, however, wasn’t a complete win for Qualcomm. While the court determined no violation of the licensing terms, the jury couldn’t unanimously agree on whether Nuvia had breached its contract with Arm.&nbsp;This leaves room for further legal battles as Arm evaluates its options&nbsp;(suggest attributing this line to some source. Slightly sensitive). But at least for now, Qualcomm is off the hook, lifting retail sentiment.&nbsp;<figure class="image"><img style="aspect-ratio:1290/297;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2024_12_23_100946_f1fcb2bf39.png" alt="Screenshot 2024-12-23 100946.png" width="1290" height="297"><figcaption>Qualcomm Sentiment and Message Volume on Dec 23 as of 10:05 a.m. ET | Source: Stocktwits</figcaption></figure>While chatter around Qualcomm increased to ‘normal’ from ‘low’ a day ago, sentiment improved to ‘bullish’ from the ‘neutral’ zone.&nbsp;“We are pleased with today’s decision. The jury has vindicated Qualcomm’s right to innovate and affirmed that all the Qualcomm products at issue in the case are protected by Qualcomm’s contract with ARM,” the company said in a statement.“We will continue to develop performance-leading, world class products that benefit consumers worldwide, with our incredible Oryon ARM-compliant custom CPUs,” it added.<a href="https://stocktwits.com/symbol/ARM">Arm Holdings</a> is yet to comment on the verdict.&nbsp;Despite Arm’s dip&nbsp;on Monday, the stock is up over 81% year-to-date, far higher than Qualcomm’s 11% gains&nbsp;in the period.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.Read also: <a href="https://stocktwits.com/news-articles/markets/equity/arm-stock-slips-as-legal-battle-with-qualcomm-kicks-off-in-delaware/cJaltZYR1L">Arm Stock Slips As Court Room Battle With Qualcomm Kicks Off In Delaware: Retail Divided</a>

POLAND - 2023/09/19: In this photo illustration, the Arm Holdings logo seen displayed on a smartphone with stock market percentages in the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)

Arm Stock Slides To 4-Month Low As Qualcomm Jumps On Victory In Licensing Dispute: Retail Remains Unswayed

The jury’s decision, however, wasn’t a complete win for Qualcomm leaving room for further legal battles as Arm evaluates its options.

Super Micro Computer, Inc. ($SMCI) stock pulled back sharply on Tuesday, a day after traders bid up the stock on the relief that the artificial intelligence server maker dodged the delisting bullet, at least for now.At last check, the stock was down 8.26% at $40.51, having traded in the $39.78&nbsp;to&nbsp;$43.35 range.Late Friday,&nbsp;Super Micro&nbsp;confirmed that the Nasdaq granted time until Feb. 25, 2025, to file its&nbsp;annual report on Form 10-K for the fiscal year ending June 30, 2024, and its quarterly report on Form 10-Q for the period ending Sept. 30, 2024.&nbsp;Reacting to the news,&nbsp;the company’s shares rose as much as 9.3% intraday on Monday before giving back most of the gains. At the close, the stock was up 0.52% at $44.16.&nbsp;Tuesday’s weakness comes amid lingering worries about whether Super Micro can meet the late-February deadline and the declines in some AI-levered stocks.Retail, however, is optimistic. A poll run by Stocktwits showed that 84% of the respondents expected Super Micro to file its quarterly report by the Nasdaq-granted deadline.&nbsp;<img src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/smci_poll_9ad2e4c39f.png" alt="smci_poll.png">Among AI news flow, Taiwan Semiconductor Manufacturing Co. Ltd. (<a class="mention" data-mention="$TSM" data-symbol-id="TSM" href="https://stocktwits.com/symbol/TSM" target="_blank">$TSM</a>), the world’s biggest chip supplier, reported a 12% month-over-month drop in November revenue.&nbsp; On a year-over-year basis, revenue was up a solid 34% but the stock slipped over 2%.Shares of enterprise AI software applications company c3.ai, Inc. ($AI) were down about 0.50% after it widened its full-year loss guidance. The 10-Q report filed with the SEC showed CEO Thomas Siebel adopted a plan to sell 12.78 million Class A shares of the company, with the plan set to expire by Dec. 17, 2026.Retail sentiment toward Super&nbsp;Micro’s stock improved from ‘bearish’ a day ago to ‘bullish’ (60/100), with message volume remaining ‘normal.’<figure class="image"><img style="aspect-ratio:642/133;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/smci_sentiment_f6c64ef7ef.png" alt="smci-sentiment.png" width="642" height="133"><figcaption>SMCI sentiment and message volume December 10, 2024, as of 11:33 am ET | Source:&nbsp;Stocktwits</figcaption></figure>A Stocktwits user saw the plunge as normal for volatile stocks, especially after big run-ups.<stembedurl>https://stocktwits.com/Kevothe1/message/595862316</stembedurl>Another said he would use the opportunity to “re-load.”&nbsp;<stembedurl>https://stocktwits.com/postrade/message/595862248</stembedurl>Notwithstanding the stock volatility,&nbsp;Super Micro’s shares are&nbsp;up over 55% for the year, although they are trading&nbsp;well off the March 8 intraday high of $122.90.For updates and corrections, email newsroom[at]stocktwits[dot]com.

Super Micro Computer, Inc. (Supermicro) logo appears on the screen of a smartphone in Reno, United States, on December 7, 2024.

Super Micro’s Volatile Run Continues As Stock Teeters Around $40 Following 9% Drop: Retail Turns Constructive

Tuesday’s weakness comes amid lingering worries about whether Super Micro can meet the late-February deadline and the declines in some AI-levered stocks.

Shares of MongoDB fell as much as 8% in pre-market trading despite reporting strong third-quarter results and raising its full-year outlook on news that the company’s COO and CFO, Michael Gordon, would be stepping down.&nbsp;According to an ongoing poll on Stocktwits, most users find the development “very concerning.”<figure class="image"><img style="aspect-ratio:1262/709;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/mongodb_poll_e3c26d3178.jpg" alt="mongodb poll.jpg" width="1262" height="709"><figcaption>Stocktwits Poll on MongoDB's CFO, COO Exit on Dec 10 as of 7:00 a.m. ET | Source: Stocktwits</figcaption></figure>The company announced it has initiated a search for a new CFO, considering both internal and external candidates.&nbsp;Serge Tanjga, MongoDB's president of finance, will serve as interim CFO starting Feb. 1 if a permanent replacement is not found by then.The data development, storage, and management platform reported adjusted earnings of $1.16 per share, surpassing analysts' estimates of $0.68.&nbsp;Revenue came in at $529.4 million, marking a 22% year-over-year (YoY) growth and exceeding forecasts of $497.24 million.“We continue to see success winning new business due to the superiority of MongoDB’s developer data platform in addressing a wide variety of mission-critical use cases,” Chief Executive Dev Ittycheria said in a statement.For the full fiscal year, MongoDB raised its revenue guidance to a range of $1.973 billion to $1.977 billion, up from its previous outlook of $1.92 billion to $1.93 billion.&nbsp;Full-year adjusted earnings per share are now expected to range between $3.01 and $3.03, compared to the earlier projection of $2.33 to $2.47.However, the company noted potential headwinds in Q4. Non-Atlas revenue is projected to decline sequentially due to significant multi-year deals closed in Q3 that won't repeat.&nbsp;Meanwhile, Atlas consumption is expected to slow YoY in Q4, reflecting a seasonal drop in application usage during the holidays.Moreover, MongoDB is redirecting its go-to-market resources from mid-market customers to enterprise accounts. This strategic shift is expected to reduce mid-market customer additions and slow overall direct sales growth.<figure class="image"><img style="aspect-ratio:1293/301;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2024_12_10_064754_dc1c71389c.png" alt="Screenshot 2024-12-10 064754.png" width="1293" height="301"><figcaption>MongoDB Sentiment and Message Volume on Dec 9 as of 7:00 a.m. ET | Source: Stocktwits</figcaption></figure>Retail sentiment around the stock saw an uptick to ‘extremely bullish’ (93/100) from ‘bullish a day ago, along with an increase in chatter to ‘extremely high,’ marking the highest activity on the ticker this year.&nbsp;<stembedurl>https://stocktwits.com/YouAndMe_ToTheMoon/message/595816543</stembedurl><stembedurl>https://stocktwits.com/marti837/message/595816616</stembedurl>While <a href="https://stocktwits.com/symbol/MDB">MongoDB shares</a> gained as much as 6% after hours on Monday, some users speculated that Oracle's disappointing earnings, reported earlier Tuesday, might be weighing on MongoDB's stock performance. Oracle's dominance in the database market could lead to broader sector concerns.<stembedurl>https://stocktwits.com/Sbul26/message/595816930</stembedurl>Overall, the stock is down nearly 9% so far this year.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/amazon-stock-price-hits-all-time-high-on-bitcoin-proposal/cJab2C3RiW">Amazon Stock Hits Fresh Record High On Shareholders Call To Add Bitcoin To $88 Billion Treasury: Retail Onboard</a>

MongoDB Stock Slips Pre-Market Despite Q3 Earnings Beat On CFO’s Exit: Retail Holds On

Leadership shifts and slowing Atlas growth spark mixed reactions to MongoDB's third-quarter performance.

Super Micro Computer, Inc. ($SMCI) shares took off in Friday’s after-hours trading after the artificial intelligence server maker announced that the Nasdaq has granted it an extension to be up-to-date with the filing of its financial reports.The San Jose, California-based company said it received a letter from Nasdaq granting its request for an exception to Nasdaq rule 5250(c)(1) through Feb. 25, 2025. The rule mandates that companies listed on the exchange should file all required periodic financial reports with the SEC on or before the filing deadline.&nbsp;Super Micro has delayed the filing its annual report on Form 10-K for the fiscal year ending June 30, 2024, and its quarterly report on Form 10-Q for the period ending Sept. 30, 2024. The predicament came amid the company's then-auditor Ernst &amp; Young stepping down after flagging concerns regarding accounting practices and internal controls.&nbsp;The AI server maker has since then appointed a new auditor. Also, an independent committee appointed by the board's audit commit to probe the allegations recently gave a chit to the company.Super Micro said its stock will remain on the exchange during the exception period and expects to file all the required reports by Feb. 25, 2025.After settling Friday’s regular session up 6.78% at $43.93, Super Micro stock climbed 8.70% to $47.75 in the after-hours session.<figure class="image"><img style="aspect-ratio:637/137;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/smci_sentiment_ac9acf04b5.png" alt="smci-sentiment.png" width="637" height="137"><figcaption>SMCI sentiment and message volume December 8, 2024, as of 10:20 pm ET | Source:&nbsp;Stocktwits</figcaption></figure>Notwithstanding the stock rally, retail sentiment toward the stock was downbeat. On Stocktwits, the sentiment meter read 45/100, suggesting a ‘neutral’ mood, while message volume remained ‘low.’A Stocktwits user deemed the extension allowed as a “very short period,” and called to short the stock.<stembedurl>https://stocktwits.com/Sevenele/message/595623014</stembedurl>Another predicted a big pre-market jump on Monday and then a rapid pullback toward the low-$40s from sell-the-news dumplings.<stembedurl>https://stocktwits.com/wtwttt2/message/595520625</stembedurl>&nbsp;But those bullish retailers have begun setting sights on the stock breaching $50.<stembedurl>https://stocktwits.com/UnicornFarts/message/595637770</stembedurl><a href="https://stocktwits.com/symbol/SMCI">Super Micro shares</a>, which had a parabolic run through March this year, have come off the intraday peak of $122.90 (March 8). The stock is currently nestled between its 50-day simple moving (SMA) of $37.13 and 100-day SMA of $46.25. If it breaks above the psychological resistance of $50, it could look to backfill a gap from late August and go past the $54 mark.<figure class="image"><img style="aspect-ratio:1534/849;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/SMCI_T_Vchart_7877003806.png" alt="SMCI-TVchart.png" width="1534" height="849"><figcaption>Chart Courtesy of TradingView</figcaption></figure>Last week, Super Micro CEO Charles Liang announced that the company would support Elon Musk-founded xAI’s massive 10-fold expansion of the Colossus supercomputer in Memphis with over 1 million GPUs. The company would help by establishing local operations/production, validation, service and support, he added.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.

Super Micro Stock Poised To Test $50 Resistance As Nasdaq Grants Extension: Skeptic Retail Stays On Sidelines

Super Micro said its stock will remain on the exchange during the exception period allowed by the Nasdaq and expects to file all the required reports by Feb. 25, 2025.

Super Micro Computer, Inc. ($SMCI) shares are on track to record their second consecutive session of gains, and the retail is slowly returning to the bullish camp.In premarket trading, as of 9:06 a.m. ET, Super Micro stock climbed 3.91% to $43.65. If the premarket gains hold up, the stock is on track to open at its highest level since late October.On Monday, Super Micro stock was up 28.68% at $42 by the close of trading, having touched an intra-day high of $44.15. Monday's rally came amid above-average volume, lending credence to the upward move.The positive catalyst was a statement that the independent special committee instituted by the board found no evidence of misconduct on the part of the management or the board. The committee gave a clean chit to the board's audit committee, stating that it acted independently.It added that&nbsp;Super Micro’s former auditor Ernst &amp; Young’s resignation and the conclusions the firm stated in the resignation letter were not supported by the facts examined in the review.Super Micro also said, as it said in the compliance plan filed with the Nasdaq on Nov. 18, it will be able to complete its annual report on Form 10-K for the year June 30, 2024, and the quarterly report on 10-Q for the September quarter. within the discretionary period available to the Nasdaq staff to grant.&nbsp;The company does not expect any restatements related to those delayed reports.Commenting on the development, JPMorgan said that despite the findings, the committee made some recommendations, including the appointment of a new CFO to succeed the incumbent David Weigand and setting up new roles of chief accounting and compliance officer and general counsel, the Fly <a target="_blank" rel="noopener noreferrer nofollow" href="https://thefly.com/news.php?symbol=SMCI">reported.</a>The firm said it remains sidelined on the stock until visibility on compliance improves.&nbsp;The next key developments to watch are whether the new auditor BDO accepts the committee’s findings or decides to undertake its review and whether the Nasdaq supported Super Micro’s request for an extension of time to regain compliance.<figure class="image"><img style="aspect-ratio:632/128;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/smci_sentiment_c7b9c5f25e.png" alt="smci-sentiment.png" width="632" height="128"><figcaption>SMCI sentiment and message volume December 3, 2024, premarket as of 9:06 am ET | Source:&nbsp;Stocktwits</figcaption></figure>Retail sentiment toward Super Micro stock has improved to ‘bullish’ (55/100) from a ‘neutral’ a day ago, with message volume also improving to ‘high’ levels.Technically, if the stock manages to fill the gap from late October, it could test a near-term resistance around the $50 level. On the downside, it has support around the 50-day moving average around $37.<figure class="image"><img style="aspect-ratio:1507/818;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/smci_chart_33cb3378aa.png" alt="smci-chart.png" width="1507" height="818"><figcaption>Chart Courtesy of TradingView</figcaption></figure>Notwithstanding this year's checkered stock performance, Super Micro is still up about 48%, although it is trading way off the $122.90 intraday high reached on March 8.For updates and corrections email newsroom[at]stocktwits[dot]com.

Super Micro’s stock is still up about 48% year-to-date.

Super Micro Stock Rallies In Premarket Amid Ongoing Momentum, Retail Jumps To Bullish Camp

Next key developments to watch are whether the new auditor BDO accepts the independent committee’s findings and whether Nasdaq agrees to Super Micro’s compliance plan, said JPMorgan.

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