SMCI Surges 8% as Raymond James Issues Outperform Rating

May 14, 2025

In pre-market trading, several technology stocks experienced gains. Super Micro Computer (SMCI, Financial) saw a significant increase of approximately 8% after Raymond James initiated coverage with an outperform rating. This positive outlook contributed to the stock's upward momentum.

NVIDIA and Tesla also showed promising movements, with each stock rising about 2%. These gains reflect investor confidence in the tech sector's potential for continued growth.

Chinese stocks listed in the U.S. predominantly moved higher as well. Baidu climbed around 2%, Alibaba gained about 1%, and Li Auto increased by approximately 3%, showcasing a positive sentiment towards Chinese companies in the U.S. market.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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