Short sellers are feeling the heat as J.P. Morgan upgraded Super Micro Computer (SMCI) from underweight to neutral, citing improved transparency in its pending filings with the U.S. Securities and Exchange Commission and increasing demand for its Blackwell-based server products.
J.P. Morgan raised its price target for the server and storage solutions provider from $35…
Wall Street gears up for a potential rebound
As Wall Street gears up for a potential rebound, stock market futures showed positive movement on Sunday evening following a challenging close last week. The futures for the Dow Jones Industrial Average climbed by 125 points, marking a 0.3% increase. Similarly, S&P 500 futures saw a rise…
Market's Fell and here's why
Thursday's trading session brought a stark contrast to the recent optimism in the stock market, with a broad sell-off across major averages just a day after the S&P 500 hit a new closing high. This shift has left strategists and investors pondering the catalysts behind the sudden downturn.
Key Market…

