SMCI Clear of Misconduct, STLA CEO Resigns, NFLX Price Target Hike

Supermicro (SMCI) says its special committee found no evidence of fraud by the company's management in its completed review. Stellantis (STLA) CEO Carlos Tavares resigned, causing a sell-off after the opening bell. Netflix (NFLX) gets a major price target hike while Gap Inc. (GAP) rallied off an upgrade from JPMorgan. Alex Coffey talks about the biggest headlines on the first trading day of December.

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#economy #finance #investing #marketnews #stockmarket #trading #supermicro #smci #fraud #misconduct #committee #review #auditor #money #stellantis #stla #ceo #resignation #netflix #nflx #gap #upgrade #price #target #rally

[Z.November]

those of us who bought at rock bottom a few weeks ago are happy as hell

[viniogama]

Independent special committee review indicated by the board😅

[CamerinoManriquez]

Tesla and nvda will go up and smci will go to $130 end December

[dailydoseoflife]

SMCI 100% gain from here]
legitimate 5 billion revenue

[jaym]

Is China going to buy Stellantis and replace the engine with electic motors?

[jaym]

So this is why NVDA is soaring higher and higher.

[phillipwashington]

Let's see Part 2 bro. Earth Wind & Fire was definitely among the best groups with delightfully inspiring melodies and songs. I'm confident you're likely familiar with groups such "Brothers Johnson." "Cameo." "Gap band." Conscious Hip Hop rap groups such as "Boogie Down Productions" and others who's focus was primarily to inspire positivity.

[NewtonNuggets]

I had 100k$ of smci. I think I have 30% more of that 😂

[davidl]

Smci likely won’t return to its peak for a couple of years, i feel okay triming some profits here given the risks still remain, but this stock is significantly derisked compared to a month ago.

[Sofie]

Alex is too boring, how did he get this job

[ontopofmygame]

Well smci is still bearish...in a bull market...

[nadavavnon]

“The analysts community”
Always do the opposite of their analysis, dumbest analysts in the world