Cointime

Cointime

Download App
iOS & Android
Home / Point

US Stocks Open Lower; Super Micro Computer Plunges Over 26%

US stocks opened lower, with the Dow Jones Industrial Average down 0.26%, the S&P 500 down 0.29%, and the Nasdaq Composite down 0.47%. Super Micro Computer (SMCI.O) fell over 26%.

Comments

All Comments

Recommended for you

  • S&P 500 Extends Losses to 1%

    Market data shows that the S&P 500 index has extended its losses to 1%, while the Nasdaq index is currently down 1.36%.

  • Dollar Index DXY Increases by 0.50% to 99.69

    Market data shows that the Dollar Index DXY has increased by 0.50% today, currently standing at 99.69.

  • Traders See 50% Chance of Fed Rate Hike by October

    Market data indicates that traders are pricing in a 50% probability of a Federal Reserve interest rate hike by October.

  • BTC Drops Below $70,000

    Market data shows that BTC has fallen below $70,000, currently trading at $69,980.82. It has seen a 0.84% increase in the last 24 hours. The market is experiencing significant volatility, so please manage your risk accordingly.

  • Golden Evening Report | Key Updates on March 20

    12:00-21:00 Keywords: Coinbase, Bowman, Eightco, Gemini 1. The White House released a national artificial intelligence legislative framework. 2. Coinbase announced the launch of stock perpetual futures contracts. 3. Federal Reserve Governor Bowman: Still expects three rate cuts in 2026. 4. ByteDance sells Mu Tong Technology for over $6 billion, further focusing on AI strategy. 5. Eightco adds $40 million investment in OpenAI, bringing total investment to $90 million. 6. Gemini and the Winklevoss brothers face a securities class action lawsuit for alleged misleading IPO filings and secret transformation.

  • Fed Governor Bowman: Still Expects Three Rate Cuts in 2026

    Fed Governor Bowman: Still expects three rate cuts in 2026.

  • White House Releases National AI Legislative Framework

    The White House has released a national artificial intelligence legislative framework.

  • BlackRock Deposits 47,728 ETH and 544 BTC into Coinbase Prime

    On March 20, it was reported that BlackRock has just deposited 47,728 ETH (worth $102.13 million) and 544 BTC (worth $38.3 million) into Coinbase Prime.

  • BlackRock Deposits 47,728 ETH and 544 BTC into Coinbase Prime

    On March 20, it was reported that BlackRock has just deposited 47,728 ETH (worth $102.13 million) and 544 BTC (worth $38.3 million) into Coinbase Prime.

  • Trump Considers Seizing Kharg Island to Force Iran Open Strait of Hormuz

    March 20th, according to AXIOS, four sources revealed that the Trump administration is considering actions to seize or blockade Iran's Kharg Island to compel Iran to reopen the Strait of Hormuz. For Trump to end this war on his terms, he must at least break Iran's control over shipping through the strait. However, seizing the island could put U.S. forces directly in the line of fire. Therefore, such actions would only be initiated after U.S. forces further weaken Iran's military strength around the Strait of Hormuz. "We need about a month to further weaken Iran's power through a series of strikes, seize the island, then completely subdue them and use this opportunity to negotiate," said one source. If such actions are approved, more troops will be needed. Three different Marine Corps units are en route to the region. A U.S. official stated that the White House and the Pentagon are considering sending more troops soon. A senior administration official said, "He (Trump) wants the Strait of Hormuz to remain open. If he has to seize Kharg Island to achieve that, he will. If he decides to conduct a coastal invasion, he will do that too. But this decision has not yet been made."

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company