Super Micro Computer, together with its subsidiaries, develops and manufactures high-performance server and storage solutions based on modular and open architectures. The company serves markets worldwide. Super Micro Computer provides modular blades and blade servers, workstations, full racks, networking devices, GPU computers for training large language models, server software management solutions, and a wide range of related products and components. Super Micro was incorporated in 1993 and is based in San Jose, California.

Stocks weathered another inflation report on Wednesday, as investors gobbled up certain AI names that recently have been smacked. Some of the stocks that ripped Wednesday are very well known among the momentum crowd, as NBIS rocketed 34%, LITE 14%, BE 12%, CIEN 11%, DELL 10%, HPE and COHR 8%, STX 7%, and TER, SNDK, and FORM 6%. Despite the massive ongoing dispersion among individual stocks and the constant worries about geopolitics, energy prices, inflation, future FOMC action, the entire yield curve lifting, etc., the overall market has been eerily quiet over the past six days. Since the July 29 hedge fund blowup, when the Volatility Index (VIX) shot up 13.5% to about 21, the so-called options fear gauge has declined in eight of the past 10 days. The VIX fell almost 5% yesterday to 14.6%, its lowest close since late 2025. The VIX measures the implied volatility of out-of-the-money put and call options on the S&P 500. Its aim is to measure the expected 30-day volatility of the SPX. Going back to 2021, the VIX has averaged about 19. The index generally has been between 12 to 25, with some spikes in 2022, 2023, April 2025, and March 2026. It stayed elevated for months only during the 2022 bear market. The weekly Bollinger Band width is near the lowest level going back to 2021. A low VIX generally occurs during a period when the S&P 500 is crawling higher -- and can stay depressed for months, if not longer. The Nasdaq 100 Volatility Index (VXN) has dropped from 31 on July 29 to 21 -- but remains above the lows from 2024 (between 15 and 16).

Roblox operates a free-to-play online video game platform with about 85 million daily active users. This platform has spawned a virtual universe and a Roblox economy based on the Robux currency. The platform houses millions of games from a wide range of creators—spanning from young gamers themselves to professional development studios. Roblox offers creators the tools, publishing abilities, and platform for their games, enabling anyone to create a game. Creators earn money when gamers make optional in-game purchases within their games and by offering space for real-world advertising, and Roblox earns revenue primarily by taking a cut of these earnings.

Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company’s website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.