Why Super Micro Computer Stock Is Plummeting This Week
Super Micro Computer(US:SMCI) The Motley Fool·2024-07-26 10:45Tech stocks continued to pull back this week as investors assessed risks related to geopolitical dynamics between the U.S., China, and Taiwan. Sell-offs intensified after Alphabet and Tesla published second-quarter reports that worried Wall Street. (GOOG -2.99%) (GOOGL -3.10%) (TSLA 1.97%) In addition to geopolitical risk factors continuing to pressure growth stocks, earnings season has gotten off to a shaky start for the technology sector. Alphabet and Tesla reported Q2 earnings after the market closed on ...