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Insider Trading

Super Micro Computer Insider Sold Shares Worth $7,718,584, According to a Recent SEC Filing

Charles Liang, 10% Owner, Director, President and Chief Executive Officer, on September 03, 2026, sold 200,000 shares in Super Micro Computer (SMCI) for $7,718,584. Following the Form 4 filing with the SEC, Liang has control over a total of 66,196,146 common shares of the company, with 40,426,120 shares held directly and 25,770,026 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1375365/000139294226000013/xslF345X05/wk-form4_1788907653.xml

$SMCI
Insider Trading

Super Micro Computer Insider Sold Shares Worth $7,718,584, According to a Recent SEC Filing

Chiu-Chu Sara Liu Liang, 10% Owner, Director, on September 03, 2026, sold 200,000 shares in Super Micro Computer (SMCI) for $7,718,584. Following the Form 4 filing with the SEC, Liu Liang has control over a total of 66,196,146 common shares of the company, with 437,506 shares held directly and 65,758,640 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1375365/000139294126000014/xslF345X05/wk-form4_1788907609.xml

$SMCI
Update: Equities Fall Intraday as Jobs Report Lifts Rate Hike Bets
US Markets

Update: Equities Fall Intraday as Jobs Report Lifts Rate Hike Bets

(Updates with latest market prices and developments.)US benchmark equity indexes fell intraday as a stronger-than-expected August jobs report boosted the odds of the Federal Reserve raising interest rates as early as this month.The Dow Jones Industrial Average was down 0.5% at 53,412.4 after midday Friday. The S&P 500 and the Nasdaq Composite lost 0.3% each to 7,721.2 and 26,506.9, respectively.Most sectors were in the red intraday Friday, led by consumer discretionary, while industrials paced the gainers.Total nonfarm payrolls rose by 162,000 last month, the Bureau of Labor Statistics said Friday, nearly triple the 55,000 increase projected in a Bloomberg-compiled survey. July's tally was revised to show a gain of 21,000 from a 23,000 fall.The jobs report comes as the Federal Reserve weighs labor-market conditions and inflation expectations ahead of its policy meeting later this month. Fed Chair Kevin Warsh said late last month that the US economy was "doing well" on employment, describing inflation numbers as more concerning.Markets are pricing in a 58% probability that the Federal Open Market Committee will raise its benchmark lending rate on Sept. 16, up from 49% on Thursday, according to the CME FedWatch tool."The labor market strength and resilience evident in the August employment report with upward job revisions over the past two months nearly wipe away the narrative of labor market deterioration over the summer," BMO Chief US Economist Scott Anderson said in a note."The report adds important weight to the hawks' argument that inflation may not moderate back toward the Fed's 2.0% target in a timely manner without at least a nudge up in interest rates to help cool aggregate demand."Fed Governor Christopher Waller said Thursday he would support keeping interest rates steady if further signs of disinflation emerge, though he seemed willing to tighten monetary policy if price pressures intensify.Treasury yields were higher intraday, with the two-year rate rising 3.6 basis points to 4.37% and the 10-year rate up 0.6 basis point at 4.77%.West Texas Intermediate crude oil was little changed at $91.29 a barrel, while Brent rose 0.6% to $96.06. The benchmarks were on track for weekly gains.In company news, Lululemon (LULU) shares tanked 17% intraday, the worst performer on the S&P 500, as the athletic apparel retailer lowered its full-year outlook amid challenging market dynamics and continued pressure on the brand.UiPath (PATH) slid 17% after the software company released its latest quarterly results late Thursday.Zscaler (ZS) fell 4.9% even as the cloud security company reported fiscal fourth-quarter results above Wall Street's consensus and outlined a strong full-year outlook. The company's guidance is conservative and reflects factors including an expected loss of Red Canary's customers and the competitive artificial intelligence security environment, Oppenheimer said in a note.Bucking the market's downward trend, tech-related stocks were higher intraday, with SanDisk (SNDK) up 11%, the biggest gain on the S&P 500. Super Micro Computer (SMCI), Marvell Technology (MRVL) and Western Digital (WDC) also advanced.Spot gold was 0.8% lower at $4,435.64 per troy ounce, while silver lost 1.3% to $66.81 per ounce.

Dow JonesNasdaq CompositeS&P 500$LULU$MRVL$PATH$SMCI$SNDK$WDC$ZS
Update: Nasdaq, S&P 500 Fall as New Sanctions Plan Targets Iran's Trading Partners
US Markets

Update: Nasdaq, S&P 500 Fall as New Sanctions Plan Targets Iran's Trading Partners

(Updates with market moves at the end of the day, and other changes, if any.)The Nasdaq Composite and the S&P 500 fell Monday as the US unveiled a global sanctions plan targeting countries that have an economic relationship with Iran.The Nasdaq shed 0.8% to close at 25,980.19, while the S&P 500 declined 0.3% to 7,652.86. The Dow Jones Industrial Average rose 0.3% to 53,417.16. Technology led the laggards, while most sectors were in the green, led by consumer staples.The Treasury Department on Monday launched a campaign to close all financial resources that support Iran."We are launching an economic onslaught against Iran's financial connections around the globe," Treasury Secretary Scott Bessent said in a statement. "Our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone."Countries doing business with Iran will be given deadlines to shut down Iran-related activities, according to the statement. Entities aiding money laundering or sanctions evasion on behalf of Iran could be cut off from the US financial system.China, Russia, India, Pakistan, Qatar and Turkey, among others, still trade with Tehran, Axios reported."No one is above the reach of US sanctions," Bessent said Monday in response to a question at a press conference on whether the Trump administration would target Chinese banks, CNBC reported.West Texas Intermediate crude oil was down 2.3% at $85.07 a barrel in Monday late-afternoon trade, while Brent dropped 2.5% to $92.06.Iran's state-controlled Persian Gulf Strait Authority warned on X that vessels breaching its protocols in the Strait of Hormuz could face restrictions on future passages.US Treasury yields were mixed, with the 10-year yield down 3.2 basis points at 4.71%, while the two-year yield was little changed at 4.24%.Federal Reserve Chair Kevin Warsh's debut Jackson Hole speech on Friday is unlikely to help clear up investor confusion over the Treasury Department's bond market intervention, Morgan Stanley said in a note sent Monday. The firm's economists view the expansion in bond buybacks announced last week as evidence that the Treasury had become uncomfortable with a rise in long-term interest rates.Markets are currently pricing in a 58% probability that the Fed will keep its benchmark rate steady in September, with the remaining odds in favor of a 25-basis-point hike, according to the CME FedWatch tool.In company news, Nvidia (NVDA) shares fell 2.9%, the worst performer on the Dow. The technology bellwether is scheduled to release its latest quarterly earnings on Wednesday.Some Nvidia customers are facing price increases of over 15% on servers equipped with its artificial intelligence chips due to rising memory costs, Bloomberg News reported Saturday, citing people familiar with the matter.Chip-related stocks were among the notable laggards on the S&P 500, with SanDisk (SNDK) down 6.5%, the second-steepest decline on the index. Micron Technology (MU), Super Micro Computer (SMCI) and Western Digital (WDC) shed more than 5% each.Marvell Technology (MRVL), CrowdStrike (CRWD), Salesforce (CRM) and Intuit (INTU) are also slated to post their results this week.Spot gold rose 1.1% to $4,654.89 per troy ounce, while silver lost 1% to $69.65 per ounce.

Dow JonesNasdaq CompositeS&P 500$CRM$CRWD$INTU$MRVL$MU$NVDA$SMCI$SNDK$WDC
Wire

Super Micro Completes Independent Investigation Into Export-Control Allegations

Super Micro Computer (SMCI) completed an independent investigation into the March 2026 indictment of two employees and a contractor over an alleged conspiracy to commit export-control violations, the company said Thursday.The investigation found no evidence that current senior management knew of the alleged diversion scheme or of any actual diversion of restricted products by the company, Supermicro said.It also found no direct sales of export-controlled products to known restricted parties or locations, or evidence that prior financial statements could not be relied upon because of the potential diversion.Supermicro said it took personnel actions, including terminations, over policy or code-of-conduct violations, while the board adopted recommendations to strengthen its export compliance program.Price: $38.43, Change: $+1.85, Percent Change: +5.06%

$SMCI
Asia Markets

Update: US Equity Indexes Mixed as AI Infrastructure Players Boost Tech, Cooling Inflation Raises Odds of Sixth Fed Policy Pause

(Updates with index/price moves, macroeconomic data and geopolitical news from the first paragraph.)US equity indexes traded mixed as artificial intelligence infrastructure suppliers boosted mega-cap semiconductor shares and a decline in July's inflation rate lifted bets favoring the sixth consecutive Federal Reserve policy pause.The Nasdaq Composite rose 0.5% to 26,588.49, and the S&P 500 climbed 0.3% to 7,748.50 on Wednesday. The Dow Jones Industrial Average slipped by less than 0.1% to 53,770.27. Technology and real estate topped the gainers. Consumer discretionary, materials and communication services were the sole decliners at the close.Super Micro Computer's (SMCI) shares surged 19%, the top performer on the S&P 500, after the company released an upbeat fiscal 2027 revenue outlook.CoreWeave (CRWV) reported a Q2 beat and raised guidance, with inference demand driving the upside despite higher near-term capital expenditures, Oppenheimer said in a note Wednesday. Its shares soared 19%, one of Nasdaq's leaders.Sandisk (SNDK) and Kioxia Corp. unveiled a new 9th-generation, high-performance flash memory technology designed to support the growing storage demands of AI infrastructure. Shares of Sandisk jumped 5.8%, one of the biggest gainers on the S&P 500 and the Nasdaq.Among companies with market capitalizations exceeding $200 billion each, nine of the top 10 by intraday returns were in the technology sector, according to data compiled by Finviz. Of those nine firms, a majority were related to the semiconductor industry. SpaceX (SPCX) was the leader of the pack, up 10% after saying it is releasing Grok 4.6.In economic news, the consumer price index rose 3.4% in July from a year earlier, decelerating from 3.5% in June and marking the slowest pace of growth since March, data from the Bureau of Labor Statistics showed. The annual print matched the average forecast in a Bloomberg-compiled survey. Core inflation, which excludes volatile food and energy items, eased to 2.5%, also as expected, from June's 2.6%.On a month-on-month basis, consumer prices rose 0.1% in July following a 0.4% drop the month prior. Core prices rose 0.2% after holding steady in June. Both readings were in line with market projections."Despite the rebound in monthly measures, underlying inflation trends continue to move in the right direction," Thomas Feltmate, senior economist at TD Economics, said in a report. "At 3.4%, headline CPI has put further distance from its four-year high reached in May, while the annual change on core inflation fell back to its pre-Iran conflict rate of growth."The probability of the Federal Reserve extending its policy pause in September jumped to 60% on Wednesday, up from 52% a day ago and 46% a week earlier, according to the Fedwatch tool.US Treasury yields traded mixed, with the 10-year yield up less than a basis point to 4.69%. The two-year yield fell 1.5 basis points to 4.2%.Gold futures rose 0.7% to $4,470.6, and silver futures jumped 0.9% to $65.51.In geopolitical developments, CNN reported that Iran could "prolong" its war with the US until President Donald Trump leaves office, citing a top adviser to the commander of Iran's Islamic Revolutionary Guard Corps.This comes as Tehran reorganized its military to be more aggressive abroad, Bloomberg reported. Several top military appointments by Supreme Leader Mojtaba Khamenei mark a shift to an "offensive doctrine," Mohammad Reza Naqdi, a general in the Islamic Revolutionary Guard Corps who advises the force's new commander, told state TV late Tuesday, according to the news agency.Meanwhile, Pakistan's Foreign Ministry has suggested the agreement between the two sides remains relevant despite their refusal to shift positions, CNN reported. Trump claimed the US still has control over the strait while Energy Secretary Chris Wright said Middle East oil exports rose above pre-war levels on Sunday, CNN reportedThe front-month US West Texas Intermediate crude oil contract slipped 0.3% to $82.92 per barrel, and global benchmark North Sea Brent was 0.2% lower at $88.65 per barrel as traders weighed conflicting signals from the Middle East.

Dow JonesNasdaq CompositeS&P 500$CRWV$SMCI$SNDK$SPCX
Update: Nasdaq, S&P 500 Bounce Following Benign Inflation Report
US Markets

Update: Nasdaq, S&P 500 Bounce Following Benign Inflation Report

(Updates with market moves at the end of the day, and other changes, if any.)The Nasdaq Composite and the S&P 500 rebounded Wednesday after a two-day decline, as tame consumer inflation in July prompted traders to trim bets for a Federal Reserve interest rate hike next month.The technology-heavy Nasdaq rose 0.5% to close at 26,588.49, while the S&P 500 climbed 0.3% to 7,748.50. The Dow Jones Industrial Average ended little changed at 53,770.27. Most sectors advanced, led by real estate and tech, while consumer discretionary saw the steepest decline.US annual consumer inflation came in at 3.4% in July, easing from 3.5% the month prior and marking the slowest pace of price growth since March, official data showed. Core inflation, which excludes volatile food and energy items, eased to 2.5% from June's 2.6%. Both prints matched the forecasts in a Bloomberg-compiled survey.On a month-on-month basis, consumer prices rose 0.1% in July following a 0.4% drop the month prior. Core prices rose to 0.2% after holding steady in June."Both the headline and core CPI in July were benign enough to reinforce our baseline forecast for a prolonged pause by the Federal Reserve over the remainder of the year," Oxford Economics said in a note. "Market expectations for a September rate hike have also downshifted on the back of the July CPI."The probability of the Fed keeping its benchmark lending rate unchanged next month increased to 60% Wednesday from 52% Tuesday, according to the CME FedWatch tool. The odds that the central bank will hike interest rates by 25 basis points fell to 40% from 48%.US Treasury yields were mixed, with the two-year yield down 1.5 basis points at 4.2% and the 10-year yield marginally higher at 4.69%.In company news, Super Micro Computer (SMCI) shares jumped 19%, the top performer on the S&P 500. Late Tuesday, the company issued an upbeat fiscal 2027 revenue outlook.Lumentum (LITE) followed Super Micro on the S&P 500, up nearly 14%. Late Tuesday, Lumentum delivered a fiscal fourth-quarter beat.Home Depot (HD) shares fell 3.1%, the biggest decline on the Dow, after the company said Chief Executive Ted Decker is taking a temporary medical leave of absence.West Texas Intermediate crude oil was down 0.3% at $82.99 a barrel in Wednesday late-afternoon trade, while Brent fell 0.2% to $88.71.The International Energy Agency projected a larger decline in global oil demand this year than previously estimated as the continued closure of the Strait of Hormuz weighs on consumption. Separately, the Organization of the Petroleum Exporting Countries lowered its global oil demand growth outlook for 2026 while projecting a stronger rebound for next year than previously estimated.Iran could "prolong" war with Washington until US President Donald Trump is out of office, CNN reported Wednesday, citing a top adviser to the commander of Tehran's Islamic Revolutionary Guard Corps.Spot gold rose 0.9% to $4,410.90 per troy ounce, while silver advanced 0.9% to $65.54 per ounce.

Dow JonesNasdaq CompositeS&P 500$HD$LITE$SMCI
Japan

US Equity Markets End Mixed Amid Tech Stock Gains, Lower Inflation Data

US equity indexes ended mixed Wednesday amid stock gains by some major technology stocks and a four-month low inflation rate report.* The consumer price index rose 3.4% in July from a year earlier, decelerating from 3.5% in June, according to data from the Bureau of Labor Statistics. The annual print matched the average forecast in a Bloomberg-compiled survey.* Iran could "prolong" its war with the US until President Donald Trump leaves office, CNN reported, citing a top adviser to the commander of Iran's Islamic Revolutionary Guard Corps.* September West Texas Intermediate crude oil fell $0.24 to settle at $82.96 per barrel, while October Brent crude, the global benchmark, was last seen down $0.29 at $88.62.* Super Micro Computer's (SMCI) shares were up 19%, the top gainer on the S&P 500, after the company issued an upbeat fiscal 2027 revenue outlook.* Cencora (COR) shares were down nearly 6%, one of the worst performers on the S&P 500, after the company said that certain Walgreens volume that was being serviced by the company, separate from the prime vendor agreement, has started moving outside the company from July 1.

Dow JonesNasdaq CompositeS&P 500$COR$SMCI
Japan

Update: US Equity Indexes Rise as Chipmakers Boost Technology, Cooling Inflation Lifts Bets for Fed Policy Pause

(Updates with index/price moves and company/geopolitical news from the first paragraph.)US equity indexes rose as strong results from several providers of artificial intelligence infrastructure boosted mega-cap chipmakers and as a decline in July's inflation rate to a four-month low lifted the odds of another Federal Reserve policy pause.The Nasdaq Composite rose 0.7% to 26,619.2, and the S&P 500 climbed 0.3% to 7,754.2 ahead of Wednesday's close. The Dow Jones Industrial Average edged up less than 0.1% to 53,813.3. Technology and real estate topped the gainers, while consumer discretionary and communication services led decliners in the final leg of trading.Super Micro Computer's (SMCI) shares surged 20%, the top performer on the S&P 500, after the company released an upbeat fiscal 2027 revenue outlook.CoreWeave (CRWV) reported a Q2 beat and raised guidance, with inference demand driving the upside despite higher near-term capital expenditures, Oppenheimer said in a note Wednesday. Its shares soared 20%, one of Nasdaq's leaders.Among companies with market capitalizations exceeding $200 billion each, nine of the top 10 by intraday returns were in the technology sector, according to data compiled by Finviz. The leader of this pack was SpaceX (SPCX), up 10% after saying it is releasing Grok 4.6.In economic news, the consumer price index rose 3.4% in July from a year earlier, decelerating from 3.5% in June and marking the slowest pace of growth since March, data from the Bureau of Labor Statistics showed. The annual print matched the average forecast in a Bloomberg-compiled survey. Core inflation, which excludes volatile food and energy items, eased to 2.5%, also as expected, from June's 2.6%.In geopolitical developments, CNN reported that Iran could "prolong" its war with the US until President Donald Trump leaves office, citing a top adviser to the commander of Iran's Islamic Revolutionary Guard Corps.This comes as Tehran reorganized its military to be more aggressive abroad, Bloomberg reported. A number of top military appointments by Supreme Leader Mojtaba Khamenei mark a shift to an "offensive doctrine," Mohammad Reza Naqdi, a general in the Islamic Revolutionary Guard Corps who advises the force's new commander, told state TV late Tuesday, according to the news agency.Meanwhile, Pakistan's Foreign Ministry has suggested the agreement between the two sides remains relevant despite their refusal to shift positions, CNN reported.The front-month US West Texas Intermediate crude oil contract slipped 0.1% to $83.11 per barrel, and global benchmark North Sea Brent was 0.2% lower at $88.78 per barrel.

Dow JonesNasdaq CompositeS&P 500$CRWV$SMCI$SPCX
Sectors

Sector Update: Tech Stocks Gain Late Afternoon

Tech stocks were higher late Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.6% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 2.9%The Philadelphia Semiconductor index climbed 3.2%.In corporate news, Nebius (NBIS) reported stronger-than-expected Q2 revenue on Wednesday as robust demand for AI capacity drove more than 500% year-over-year growth in the Dutch company's cloud business. Its shares surged 30%.CoreWeave (CRWV) shares gained 19% after it posted a Q2 revenue beat and raised its full-year outlook, with analysts saying its capacity gains signal additional upside.Super Micro Computer (SMCI) shares jumped 19% after the company provided an upbeat fiscal 2027 revenue outlook.Apple (AAPL) has hired longtime American Airlines (AAL) executive Nate Gatten as its head of government affairs, effective Aug. 31, Bloomberg reported, citing a company memo it viewed. Kate Adams, who had served as senior vice president of government affairs, will remain in an advisory role until Oct. 1, the report said, citing the memo. Apple shares were down 1.2%.

$AAPL$CRWV$NBIS$SMCI
Update: Benign Inflation, Upbeat Earnings Reports Help Lift Equities Intraday
US Markets

Update: Benign Inflation, Upbeat Earnings Reports Help Lift Equities Intraday

(Updates with latest market prices and developments.)US benchmark equity indexes were higher intraday as traders digested a benign consumer inflation report and the latest batch of corporate earnings.The Nasdaq Composite was up 0.6% at 26,609.2 after midday Wednesday, while the S&P 500 rose 0.3% to 7,752.9. The Dow Jones Industrial Average advanced 0.1% to 53,829.5. The three indexes finished Tuesday trading lower for a second consecutive session.Among sectors, technology led the gainers intraday Wednesday, while communication services and consumer discretionary saw the steepest declines.US annual consumer inflation came in at 3.4% in July, easing from 3.5% the month prior and marking the slowest pace of price growth since March, official data showed. Core inflation, which excludes volatile food and energy items, eased to 2.5% from June's 2.6%. Both prints matched the forecasts in a Bloomberg-compiled survey.On a month-on-month basis, consumer prices rose 0.1% in July following a 0.4% drop the month prior. Core prices rose to 0.2% after holding steady in June. Both readings were in line with market projections."Both the headline and core CPI in July were benign enough to reinforce our baseline forecast for a prolonged pause by the Federal Reserve over the remainder of the year," Oxford Economics said in a note. "Market expectations for a September rate hike have also downshifted on the back of the July CPI."The probability of the Fed keeping its benchmark lending rate unchanged next month increased to 62% Wednesday from 52% Tuesday, according to the CME FedWatch tool. The odds that the central bank will hike interest rates by 25 basis points fell to 38%.US Treasury yields were lower intraday, with the two-year yield down 2.1 basis points at 4.2% and the 10-year yield falling one basis point to 4.67%.In company news, Super Micro Computer (SMCI) shares jumped nearly 18% intraday, the top performer on the S&P 500. Late Tuesday, the company issued an upbeat fiscal 2027 revenue outlook.Lumentum (LITE) followed Super Micro on the S&P 500 intraday Wednesday, up 17%. Late Tuesday, Lumentum delivered a fiscal fourth-quarter beat.Home Depot (HD) shares were down 2.9% intraday Wednesday, the biggest decline on the Dow, after the company said Chief Executive Ted Decker is taking a temporary medical leave of absence.Cisco Systems (CSCO) is scheduled to report its latest financial results after the closing bell Wednesday, along with others.West Texas Intermediate crude oil was down 0.2% at $83.06 a barrel intraday, while Brent fell 0.3% to $88.64.The International Energy Agency projected a larger decline in global oil demand this year than previously estimated as the continued closure of the Strait of Hormuz weighs on consumption. Separately, the Organization of the Petroleum Exporting Countries lowered its global oil demand growth outlook for 2026 while projecting a stronger rebound for next year than previously estimated.Iran could "prolong" war with Washington until US President Donald Trump is out of office, CNN reported Wednesday, citing a top adviser to the commander of Tehran's Islamic Revolutionary Guard Corps.Yemen's Iran-aligned Houthis killed six people in an attack on a container ship in the Bab el-Mandeb Strait, an alternative route to the Strait of Hormuz, CNBC reported. The US Central Command said in a post on X that its forces disabled the steering gear of a cargo vessel that allegedly attempted to transit the Gulf of Oman and breach its Iranian blockade.Gold was up 0.7% to $4,402.62 per troy ounce, while silver rose 1.1% to $65.48.

Dow JonesNasdaq CompositeS&P 500$CSCO$HD$LITE$SMCI
Asia Markets

Update: US Equity Indexes Mixed as Easing Inflation Lifts Fed Policy Pause Bets While No End in Sight for Iran War

(Updates with index/price moves, macroeconomic data and company/geopolitical news from the first paragraph.)US equity indexes traded mixed as a drop in July's inflation rate to a four-month low increased the odds of another Federal Reserve policy pause while Iran's top military appointments signaled preparations for an offensive in a prolonged war.The Nasdaq Composite rose 0.4% to 26,546.1 and the S&P 500 climbed 0.2% to 7,742.5 after midday Wednesday. The Dow Jones Industrial Average was steady at 53,824.6. Consumer discretionary and communication services led decliners.Super Micro Computer's (SMCI) shares surged past 18%, the top gainer on the S&P 500, after the company released an upbeat fiscal 2027 revenue outlook.CoreWeave (CRWV) reported a Q2 beat and raised guidance, with inference demand driving upside despite higher near-term capital expenditures, Oppenheimer said in a note Wednesday. Its shares soared 19%, one of the top performers on the Nasdaq.Sandisk (SNDK) and Kioxia said Wednesday they unveiled a new 9th-generation, high-performance flash memory technology designed to support the growing storage demands of AI infrastructure. Shares of Sandisk jumped 8%, one of the biggest gainers on the S&P 500 and the Nasdaq.The consumer price index rose 3.4% in July from a year earlier, decelerating from 3.5% in June and marking the slowest pace of growth since March, data from the Bureau of Labor Statistics showed. The annual print matched the average forecast in a Bloomberg-compiled survey. Core inflation, which excludes volatile food and energy items, eased to 2.5%, also as expected, from June's 2.6%.On a month-on-month basis, consumer prices rose 0.1% in July following a 0.4% drop the month prior. Core prices rose 0.2% after holding steady in June. Both readings were in line with market projections."Despite the rebound in monthly measures, underlying inflation trends continue to move in the right direction," Thomas Feltmate, senior economist at TD Economics, said in a report. "At 3.4%, headline CPI has put further distance from its four-year high reached in May, while the annual change on core inflation fell back to its pre-Iran conflict rate of growth."The probability of the Federal Reserve extending its policy pause to the sixth meeting in September jumped to 60% on Wednesday, up from 52% a day ago and 46% a week earlier, according to the Fedwatch tool.US Treasury yields fell, with the 10-year yield down 1.4 basis points to 4.67% and the two-year lower by 3.2 basis points to 4.19%.Gold futures rose 0.6% to $4,468.20, and silver futures jumped 1.1% to $65.68.Meanwhile, Iran could "prolong" its war with the US until President Donald Trump leaves office, CNN reported, citing a top adviser to the commander of Iran's Islamic Revolutionary Guard Corps.This comes as Tehran reorganized its military to be more aggressive abroad, Bloomberg reported. A raft of top military appointments by Supreme Leader Mojtaba Khamenei marks a shift to an "offensive doctrine," Mohammad Reza Naqdi, a general in the Islamic Revolutionary Guard Corps who advises the force's new commander, told state TV late Tuesday, according to the news agency.President Donald Trump has claimed the US still has control over the strait while Energy Secretary Chris Wright said Middle East oil exports rose above pre-war levels on Sunday, CNN reportedThe front-month US West Texas Intermediate crude oil contract shed 0.4% to $82.86 per barrel, and global benchmark North Sea Brent was 0.5% lower at $88.46 per barrel.

Dow JonesNasdaq CompositeS&P 500$CRWV$SMCI$SNDK
Sectors

Sector Update: Tech Stocks Rise Wednesday Afternoon

Tech stocks were higher Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.7% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 2.4%The Philadelphia Semiconductor index climbed 3.2%.In corporate news, CoreWeave (CRWV) shares surged 18% after it posted a Q2 revenue beat and raised its full-year outlook, with analysts saying its capacity gains signal additional upside.Super Micro Computer (SMCI) shares jumped past 17% after the company provided an upbeat fiscal 2027 revenue outlook.Alphabet's (GOOGL) Google launched its newest line of Pixel devices, including four phones, a watch and its first-ever tag. Alphabet shares were down 0.3%.

$CRWV$GOOGL$SMCI
Sectors

Sector Update: Tech

Tech stocks were higher Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.7% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 2.4%The Philadelphia Semiconductor index climbed 3.2%.In corporate news, Super Micro Computer's (SMCI) shares jumped past 16% after the company released an upbeat fiscal 2027 revenue outlook.

$SMCI
Japan

Update: US Equity Indexes Mixed After Annual Inflation Eases, Iran Geopolitics Worsens

(Updates with index/price moves, macroeconomic data and geopolitical news from the first paragraph.)US equity indexes traded mixed, with technology among sector leaders, after annual consumer inflation cooled to a four-month low in July while hopes faded for a quick reopening of the Strait of Hormuz.The Nasdaq Composite rose 0.4% to 26,546.1 and the S&P 500 climbed 0.2% to 7,742.5 after midday Wednesday. The Dow Jones Industrial Average was steady at 53,824.6. Consumer discretionary and communication services led decliners.Super Micro Computer's (SMCI) shares surged 13%, one of the top gainers on the S&P 500, after the company released an upbeat fiscal 2027 revenue outlook.CoreWeave (CRWV) reported a Q2 beat and raised guidance, with inference demand driving upside despite higher near-term capital expenditures, Oppenheimer said in a note Wednesday. Its shares soared 18%, one of the top performers on the Nasdaq.The consumer price index rose 3.4% last month from a year earlier, decelerating from 3.5% in June and marking the slowest pace of growth since March, data from the Bureau of Labor Statistics showed. The annual print matched the average forecast in a Bloomberg-compiled survey. Core inflation, which excludes volatile food and energy items, eased to 2.5%, also as expected, from June's 2.6%.A raft of top military appointments by Iran's Supreme Leader Mojtaba Khamenei marks a shift to an "offensive doctrine," Mohammad Reza Naqdi, a general in the Islamic Revolutionary Guard Corps who advises the force's new commander, said in an interview on state TV late Tuesday, according to a Bloomberg report.The front-month US West Texas Intermediate crude oil contract climbed 0.1% to $83.29 per barrel, and global benchmark North Sea Brent was steady at $88.93 per barrel.

Dow JonesNasdaq CompositeS&P 500$CRWV$SMCI
Equity Futures Rise Pre-Bell Ahead of Consumer Inflation Data
US Markets

Equity Futures Rise Pre-Bell Ahead of Consumer Inflation Data

The main US equity benchmarks were trending higher in Wednesday's premarket activity as traders await a key inflation report.The S&P 500 was up 0.2%, the Dow Jones Industrial Average edged 0.1% higher, while the Nasdaq added 0.6% before the opening bell. The three indexes finished Tuesday trading lower for a second consecutive session.The official US consumer price index report for July is scheduled to be released at 8:30 am ET. Data are expected to show that consumer inflation increased 0.1% sequentially and 3.4% annually, according to a Bloomberg-compiled consensus.Wall Street is also projecting core CPI - which excludes volatile items such as food and energy -- to advance 0.2% month over month and 2.5% year over year for last month.US Treasury yields were down in premarket action Wednesday, with the two- and 10-year rates retreating 1.5 and 1.6 basis points, respectively, to 4.2% and 4.67%.West Texas Intermediate crude oil increased 0.3% to $83.43 a barrel before the open, while Brent was little changed at $88.95.The International Energy Agency now forecasts global oil demand to drop by 1.6 million barrels a day this year, 510,000 barrels more than its previous estimate last month, as the ongoing closure of the Strait of Hormuz and high crude prices weigh on consumption, the agency said Wednesday.Yemen's Iran-aligned Houthis killed six people in an attack on a container ship in the Bab el-Mandeb Strait, an alternative route to the Strait of Hormuz, CNBC reported. The US Central Command said in a post on X that its forces disabled the steering gear of a cargo vessel that allegedly attempted to transit the Gulf of Oman and breach its Iranian blockade.On Tuesday, secretary of Iran's Supreme National Security Council Mohsen Rezaei reportedly said the Strait of Hormuz will remain closed as long as the US does not accept Tehran's conditions. Previously, Pakistani Defense Minister Khawaja Asif told Bloomberg News that the US and Iran were close to "some sort of an arrangement."Shares of CoreWeave (CRWV) jumped 18% pre-bell after the company overnight reported better-than-expected second-quarter results amid strong demand for cloud computing. Super Micro Computer (SMCI) gained nearly 9% in premarket activity as the company issued an upbeat fiscal 2027 revenue outlook.Cisco Systems (CSCO) is scheduled to report its latest financial results after the markets close, while Nebius (NBIS), Performance Food Group (PFGC), Trimble (TRMB), Brinker International (EAT) and Global-E Online (GLBE) post their earnings before the bell, among others.Wednesday's economic calendar also has the weekly mortgage applications bulletin at 7 am, followed by the weekly EIA domestic petroleum inventories report at 10:30 am.Gold inclined 0.7% to $4,473 per troy ounce, while bitcoin rose 0.9% to $64,136.

Dow JonesNasdaq CompositeS&P 500$CRWV$CSCO$EAT$GLBE$NBIS$PFGC$SMCI$TRMB
Wire

Update: Super Micro Computer Shares Up Pre-Bell as Fiscal Q4 Earnings Beat Estimates, 2027 Revenue Outlook Tops Views

(Updates with stock price movement in the headline and the first paragraph.)Super Micro Computer (SMCI) shares were up over 9% in premarket activity Wednesday after the company reported fiscal Q4 adjusted earnings well above analyst expectations and issued a stronger-than-expected revenue outlook for fiscal 2027.The company reported fiscal Q4 adjusted earnings late Tuesday of $1.70 per diluted share, up from $0.41 a year earlier.Analysts polled by FactSet expected $0.92.Revenue for the three months ended June 30 was $11.12 billion, up from $5.76 billion a year earlier.Analysts expected $11.60 billion.For fiscal Q1, the company expects adjusted EPS of $1.01 to $1.10 on revenue of $14.5 billion to $15.5 billion. Analysts expect EPS of $0.72 on revenue of $11.82 billion.For fiscal year 2027, the company expects revenue of $65 billion to $72 billion.Analysts expect $52.99 billion.Price: $34.55, Change: $+2.95, Percent Change: +9.34%

$SMCI
Wire

Super Micro Computer Fiscal Q4 Adjusted Earnings, Revenue Rise; Q1 Guidance Set

Super Micro Computer (SMCI) reported fiscal Q4 adjusted earnings late Tuesday of $1.70 per diluted share, up from $0.41 a year earlier.Analysts polled by FactSet expected $0.92.Revenue for the three months ended June 30 was $11.12 billion, up from $5.76 billion a year earlier.Analysts expected $11.60 billion.For fiscal Q1, the company expects adjusted EPS of $1.01 to $1.10 on revenue of $14.5 billion to $15.5 billion. Analysts expect EPS of $0.72 on revenue of $11.82 billion.For fiscal year 2027, the company expects revenue of $65 billion to $72 billion.Analysts expect $52.99 billion.

$SMCI
Update: Equities Fall, Oil Advances as Hope Dims for Hormuz Reopening
US Markets

Update: Equities Fall, Oil Advances as Hope Dims for Hormuz Reopening

(Updates with latest market prices and developments.)US benchmark equity indexes fell intraday and oil prices extended their rally amid growing uncertainty around the reopening of the Strait of Hormuz.The Nasdaq Composite was down 0.6% at 26,436.2 after midday Tuesday, while the S&P 500 lost 0.3% to 7,727.5. The Dow Jones Industrial Average slipped 0.2% to 53,871.7. Among sectors, communication services saw the steepest decline, while energy paced the gainers.Secretary of Iran's Supreme National Security Council Mohsen Rezaei said Tuesday that the Strait of Hormuz will remain closed as long as the US does not accept Tehran's conditions, Reuters reported.Previously, Pakistan's Defense Minister Khawaja Asif told Bloomberg that the US and Iran were close to "some sort of an arrangement."Iran has reportedly laid out new terms for reopening the Strait of Hormuz, including a permanent end to the war against Tehran and its allies, as well as demanding full compensation for war damages. In response, US President Donald Trump on Monday demanded compensation for those he claimed were killed and wounded by Iran's attacks.Trump recently indicated to the media that he's prepared to exert greater economic pressure on Iran instead of launching another military attack."Uncertainty over a US-Iran deal to end the war and reopen the Strait of Hormuz has grown after Trump demanded compensation for victims of Iranian-backed conflicts, responding to Tehran's reparations demands," Saxo Bank said Tuesday in a report. "The tougher stance lowers chances of a near-term agreement and keeps markets wary, as Iran ties any Hormuz deal with Oman to a broader accord with the US and Trump opts for economic pressure over new strikes."West Texas Intermediate crude oil was up 1.2% at $83.14 a barrel intraday, while Brent advanced 1.1% to $88.68. The US crude oil benchmark was on track for its fourth consecutive day of gains, while Brent is poised to stretch its rally to a fifth session.US Treasury yields were lower intraday, with the two-year rate down 1.5 basis points at 4.22% and the 10-year rate shedding 1.6 basis points to 4.68%.In company news, Nvidia (NVDA) said it partnered with six major financial institutions to raise more than $500 billion in third-party capital for artificial intelligence infrastructure.The tech bellwether signed memorandums of understanding with Apollo (APO), BlackRock (BLK), Blackstone (BX), Brookfield (BN), Goldman Sachs (GS) and KKR (KKR) to establish independent compute financing platforms, it said late Monday.KKR shares jumped 6.7%, the best performer on the S&P 500. Apollo advanced 6.4%, the second-biggest gain on the index. Blackstone rose 4.3%, while BlackRock, Brookfield and Goldman were also higher. Nvidia was up 0.1%.AppLovin (APP) slumped 5.3%, the worst performer on the S&P 500, following a rating downgrade from BofA Securities.Sea (SE) reported stronger-than-expected second-quarter revenue as the Singapore-based company logged sharp annual gains in its e-commerce platform and the digital financial services business. Its shares jumped 14% intraday.Lumentum (LITE), CoreWeave (CRWV) and Super Micro Computer (SMCI) are scheduled to release their earnings reports after the markets close on Tuesday.In economic news, existing home sales in the US declined more than expected last month as rising prices and mortgage rates continued to weigh on homebuying activity, data from the National Association of Realtors showed.Spot gold edged down 0.4% to $4,372.79 per troy ounce, while silver dropped 0.5% to $64.97.

Dow JonesNasdaq CompositeS&P 500$APO$APP$BLK$BN$BX$CRWV$GS$KKR$LITE$NVDA$SE$SMCI
Stocks Mostly Up Pre-Bell as Investors Assess Uncertainty Over US-Iran Deal
US Markets

Stocks Mostly Up Pre-Bell as Investors Assess Uncertainty Over US-Iran Deal

US equity markets were mostly trending higher before the open Tuesday as investors weigh fading optimism that the US and Iran would reach a quick resolution to their conflict and reopen the Strait of Hormuz.The S&P 500 edged up 0.1% and the Nasdaq added 0.3% in premarket activity, while the Dow Jones Industrial Average was slightly in the red. The indexes closed Monday's trading session lower.In a social media post Monday, President Donald Trump demanded compensation from Iran for casualties caused by its conflicts, attacks and suppression of protests."I see that representatives of the Islamic Republic of Iran are asking for compensation for the damage done to them during the last five month military conflict," according to Trump. "I am likewise demanding compensation from Iran, for all of the people that they have killed and gravely wounded with their roadside bombs and many conflicts, for which they are famous, as led initially by General Soleimani."Iranian Foreign Minister Abbas Araghchi recently said there was no possibility of restarting negotiations with the US over a peace deal until it stops violating the memorandum of understanding signed between the two countries in June and compensates Tehran for those breaches, according to Iran-based Tasnim News Agency.Trump recently indicated to the media that he's prepared to exert greater economic pressure on Iran instead of launching another military attack.West Texas Intermediate crude oil increased 2% to $83.77 a barrel before the opening bell, while Brent advanced 1.8% to $89.30."Oil prices remain supported by uncertainty surrounding the Strait of Hormuz," ING Bank said in a report Monday. "Significant hurdles remain before any broader agreement is reached."US Treasury yields were moving higher in premarket action, with the two-year rate rising 1.4 basis points to 4.25% and the 10-year rate gaining 2.7 basis points to 4.73%.Shares of Nvidia (NVDA) inclined 1% pre-bell after the tech bellwether said it has partnered with six of Wall Street's largest financial institutions to raise more than $500 billion in third-party capital for the development of artificial intelligence infrastructure across its ecosystem.Hims & Hers Health (HIMS) dropped 6.2% after the company reported a wider-than-expected second-quarter loss. Trump Media & Technology (DJT) decreased 0.9% following an 8% decline at the close of Monday as it announced its latest quarterly earnings.Sea (SE), Cardinal Health (CAH), Elbit Systems (ESLT), On Holding (ONON), Tencent Music Entertainment (TME), and Smithfield Foods (SFD) are scheduled to release their latest financial results before the bell, among others. Lumentum (LITE), CoreWeave (CRWV) and Super Micro Computer (SMCI) report their earnings after the markets close.Tuesday's economic calendar has the existing home sales report for July at 10 am ET. The National Federation of Independent Business small business optimism index posted a 2.4-point increase for July to 99.8.Gold rose 0.4% to $4,438 per troy ounce, while bitcoin traded up 0.4% at $64,180.

Dow JonesNasdaq CompositeS&P 500$ARMK$CAH$CRWV$DJT$ESLT$HIMS$LITE$NVDA$ONON$SE$SFD$SMCI$TME

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