๐ SMCI +22%, TSLA -14%, GOOG -7% โ this week's biggest movers
Buckle up โ this was a week to remember on Wall Street. Super Micro Computer ($SMCI) ripped +22% Tuesday after dropping a bombshell prelim: a $60B+ Q4 AI order backlog and gross margins nearly doubling to 15-17% (vs. prior guidance of ~8%). Meanwhile, Tesla ($TSLA) cratered ~14% and Alphabet ($GOOG) slid ~7% after their earnings spooked investors with massive AI capex plans. Oil topping $100/barrel piled on, sending the Dow down 500 points Wednesday alone โ and the Nasdaq ended the week down ~2%. Which of these three is the best buy heading into Monday? Not financial advice.