SMCI
Super Micro Computer, Inc. Common Stock
stock NASDAQ

Can companies/affiliates buy their own futures, bring up the stock price, while also declaring the futures (now wrapped in a finance bundle/CDO) as a 'cash-like' holding?
I can imagine some dodgy companies (SMCI!) doing something like this and crashing the whole futures market along with the underlying share valuations along with it.
Nothing good is going to come from this :(

Yeah with SMCI just when you think they’re in the clear and on the road to recovery, they dive head first into some new BS. Just now googled SMCI news out of curiosity and they’re now the target of a NEW investigation by the ITC for patent infringement. The stock has already taken a big hit but I personally think it can go much lower.
https://finance.yahoo.com/markets/stocks/articles/supermicro-smci-faces-itc-patent-221358344.html
Edit: also OP, in my opinion, none of these stocks are worth holding long-term. Since you said you’re not a trader, I would just park whatever money you’ve got into SPY/VOO or if you want to take on a little more risk for better potential gains, QQQ/QQQM has much higher historical returns, but it’s very tech-heavy which could be a good or bad thing, depending on the market.

SMCI to 40?

Yes my SMCI did that just the other day

SMCI back to 40 this week. Then tank during ER

LDI, SMCI, RZLV, GPUS

Can companies/affiliates buy their own futures, bring up the stock price, while also declaring the futures (now wrapped in a finance bundle/CDO) as a 'cash-like' holding?
I can imagine some dodgy companies (SMCI!) doing something like this and crashing the whole futures market along with the underlying share valuations along with it.
Nothing good is going to come from this :(

Yeah with SMCI just when you think they’re in the clear and on the road to recovery, they dive head first into some new BS. Just now googled SMCI news out of curiosity and they’re now the target of a NEW investigation by the ITC for patent infringement. The stock has already taken a big hit but I personally think it can go much lower.
https://finance.yahoo.com/markets/stocks/articles/supermicro-smci-faces-itc-patent-221358344.html
Edit: also OP, in my opinion, none of these stocks are worth holding long-term. Since you said you’re not a trader, I would just park whatever money you’ve got into SPY/VOO or if you want to take on a little more risk for better potential gains, QQQ/QQQM has much higher historical returns, but it’s very tech-heavy which could be a good or bad thing, depending on the market.

SMCI to 40?

Yes my SMCI did that just the other day

SMCI back to 40 this week. Then tank during ER

LDI, SMCI, RZLV, GPUS

The preliminary results for IBM were miss revenue were $17.2B vs $17.9B projected, earnings $2.93 vs $3.01. the stock tanked 25%. SMCI revenue was within the expected range, while gross margin was better at 15% than prior 8.3%, with record backlog of $60B, the stock jumped 20%.
IBM results were shock, hence the IV spiked (not expecting) on the news, pre-release was itself a volatile event.
SMCI was more of reassurance, and the positive outlook inspired.
Generally, we expect IV to calm down after results, however, keep in mind IV responds to change in uncertainty and with IBM /SMCI that is what exactly happened!

Saw this on Twatter. Buy McDonald’s apparently. Drawdowns from highs:
Indices: SPY −3%, QQQ −8%, MAGS −11%
Mega cap: MSFT −31%, TSLA −36%, META −24%, GOOGL −22%, AMZN −16%, NVDA −12%, ORCL −65%, PLTR −41%, NFLX −46%, UBER −32%
Software: INTU −65%, TEAM −61%, ZS −59%, NOW −56%, WDAY −49%, ADBE −44%, CRM −43%, SHOP −39%, IBM −38%
Semis: SMCI −50%, SNPS −43%, ARM −37%, MRVL −36%, LRCX −27%, AMAT −24%, AVGO −21%
Emerging growth: OKLO −77%, RBLX −68%, UPST −68%, ACHR −65%, JOBY −64%, QBTS −63%, IONQ −60%, TEM −56%, HIMS −54%, APP −47%, CRWV −47%, IREN −47%, RDDT −40%, ALAB −35%, HOOD −34%
Crypto: BTC −49%, ETH −63% (−70% at the lows), MSTR −78%, BMNR −77%, COIN −60%, SOFI −49%
Space: SPCX −40% from its post-IPO high, back at the $135 offer price after the largest IPO in US history. ASTS −56%, RKLB −54%, LUNR −71%, RDW −65%, VOYG −50%, FLY −72%
Metals: Gold −27% from its January record, Silver −53%