Supermicro Stock Falls as Near-Term AI Outlook Wavers
Key Points
- The S&P 500 fell 1.1% on Tuesday, March 18 as trade and economic concerns resumed the sell-off in the emotional and technical sectors.
- Shares of server maker Super Micro Computer have posted their worst losses in the benchmark index, a concern about AI’s recent headwinds.
- Despite regulatory issues, analysts expressed confidence in the planned merger of credit card issuers.
Major U.S. stock indexes lost ground on Tuesday and failed to maintain momentum for two positive meetings. With the Fed, trade-related uncertainty and concerns about economic growth remain A two-day policy meeting beganan interest rate announcement was announced on Wednesday.
The S&P 500 lost 1.1%, while the Dow Jones fell 0.6%. Pressure on technology stocks reinstalled pressure on Nasdaq stock, which closed down 1.7%.
As the semiconductor giant Nvidia (AI) industry, the spotlight decline (AI) industry (NVDA) Unveiled the latest generation of AI chips in A Main meetings. Wedbush analysts say NVIDIA’s activities could provide a reality check on AI, saying macroeconomic uncertainty could cause near-term headwinds but would not hurt long-term investment in the technology. NVIDIA shares fell by 3.4%, while AI Server Maker Super Micro Computer shares (SMCI) fell 9.6%, losing the largest stock in all S&P 500s.
Norwegian Cruise Company Stocks (NLH) fell 4.8% on Tuesday, with earnings posted at the last meeting being reversed after JPMorgan analysts upgraded the stock. At a meeting with the analysis team, cruise operator executives reportedly stressed that they saw stable demand, but rising geopolitical tensions and rising economic uncertainty remain potential headwinds for travel demand. Competitor Royal Caribbean Cruise shares (RCL) The loss was even higher, down 7.3%.
Tesla (TSLA) Stocks fell 5.3%, continuing their recent slides as Royal Bank of Canada Capital Cut its price target On stock of electric vehicle (EV) manufacturers. Analysts pointed to concerns about Tesla’s autonomous driving technology and the launch of Robotaxis in China and Europe. In addition, Chinese competitor Byd launched Ultra-fast electric car chargervehicles equipped with the technology are planned to be launched in April.
Credit card issuer’s stock discovery financial services (DFS) increased by 3.8%, recording the highest daily performance of the S&P 500 in the S&P 500. Stock pullback losses suffered the previous day with Tuesday’s earnings, after reports that Justice Department officials may have antitrust concerns about finding a merger with Codable One Financial (COF). Citi analysts show that the two companies can still negotiate a satisfactory deal even if regulators oppose potential concentration in the secondary market. The Capitol One shares also recovered, gaining 2.1%.
Mosaic Company (mos) Agrichemical providers’ shares rose 2.5% on Tuesday, with Analyst Day 2025. Manufacturers of phosphate and potassium fertilizers highlight several macroeconomic trends that should generate sustained demand for crop nutrients, including population growth, prioritization of food security, and limited supply of arable land.
Human (snort) Stocks rose 2.0% after the health insurance giant formed a partnership with ICON Health, providing seniors with an opportunity to improve access to musculoskeletal care. In an initiative planned in Palm Beach County, Florida, Humana Centerwell and Conviva departments targeting elderly patients will bring musculoskeletal specialists together at their primary care centers.