Super Micro Guides $72B as AI Stocks Sell Off Anyway
Super Micro guided to as much as $72 billion in AI server sales next year, roughly $19 billion above Wall Street's model, and the stock jumped about 9% after hours — hours after AI stocks had sold off all day. Today's preview decodes why the doubt has shifted from demand to financing, with yields near 4.7%, crude around $83, and the July inflation report landing at 8:30.
Gold Hits 6-Week High as SpaceX Sinks 13.6% | Market Preview
Gold jumped about 3% to a six-week high near $4,260 as a Strait of Hormuz corridor agreement pulled crude down 10–12% in five sessions and the Dow closed at a record 54,349. But the Nasdaq slipped, AMD fell 7% on record revenue, and SpaceX sank 13.6% one day before up to 911 million insider shares become sellable.