Friday's Top 5 Trending Stocks: What's Going On With SMCI, Nvidia, MicroStrategy?

Erica Kollmann

November 29, 2024

Super Micro Computer, Inc. (NASDAQ:SMCI), Nvidia Corp. (NASDAQ:NVDA), MicoStrategy, Inc. (NASDAQ:MSTR), SoFi Technologies, Inc. (NASDAQ:SOFI) and Tesla, Inc. (NASDAQ:TSLA) are the top five trending tickers on Yahoo Finance Friday. Here's a look at what grabbed retail investors' attention as much of Wall Street took the day off.

SMCI: Super Micro shares are dropping Friday as the stock continues its rollercoaster of ups and downs. Allegations of financial misconduct at SMCI, the resignation of its auditor and the potential delisting of its stock have caused shares to tumble more than 60% over the past six months. Earlier this week, the company disclosed that it had prepaid and ended its loan agreements with Cathay Bank and Bank of America N.A.

Read Next: Tiger Woods, Rory McIlroy, PGA Tour, SoFi Prep ‘Golf Remixed’ For 2025 TGL Launch

NVDA: Traders are hopeful that less stringent sanctions on semiconductor equipment and AI memory chips are coming, following reports that an announcement could be expected as soon as next week. Nvidia and other semiconductor stocks are up on the news.

MSTR: MicroStrategy's stock looks to be running out of steam as the trading week draws to an early close on Friday. However, the stock has gained nearly 50% over the past month as the price of Bitcoin climbed to just under the $100,000 mark.

SOFI: SoFi shares are back on the list as this retail investor favorite continues to climb, notching gains of more than 55% over the past month. The company recently announced the launch of its Robo-Advisor platform, which leverages a partnership with BlackRock to expose investors to new strategies and funds.

TSLA: Tesla rounds out the list on Friday, trading higher on relatively light volume. Tesla shares have rebounded more than 90% in the second half of the year as CEO Elon Musk took a prominent role as President-elect Donald Trump's new advisor. It remains unclear what effect the Trump administration will have on the EV industry and Tesla as a result.

Read Next:

Thanksgiving Dinner Gobbles Up 19% More Cash This Year, Many Holiday Hosts ‘Already Regret Their Decision’

Image: Gerd Altmann from Pixabay

Recommended

New Study: 50 Stocks Will Crash While 7 MAGA Stocks Will Soar - Ad

Musk: My New Robots Could Be Bigger Than Tesla - Ad

Elon Musk Drops Stunning Bombshell? - Ad

Social Security payments for Group 3 retirees will be sent on April 16, based on retirement date and birthdate.

Iowa governor sues the Des Moines Register to stop request of emails she claims are protected

DES MOINES, Iowa (AP) — Iowa's governor on Friday sued the Des Moines Register over the newspaper's open records request, asking the court to validate her office's withholding of certain emails she claims are protected.

Trump to Unlock 15-Figure Fortune for America (May 3rd)?

Trump to Unlock 15-Figure Fortune for America (May 3rd)? - Ad

This map looks ordinary--but according to insider Jim Rickards, it reveals a hidden government asset so massive . Trump may soon unlock it--learn how to position yourself before it's too late!

President Trump says CBS and '60 Minutes' should 'pay a big price' for going after him

President Donald Trump bitterly attacked “60 Minutes” shortly after the CBS newsmagazine broadcast stories on Ukraine and Greenland on Sunday, saying the network was out of control and should “pay a big price” for going after him.

Study Says You Need $1.26 Million To Retire — Here's Why The Math Says Otherwise

The Northwestern Mutual 2025 Planning and Progress Study found that Americans believe they need $1.26 million to retire comfortably. However, personalized goals, disciplined saving, and adaptability are more important than a universal estimate.

Nvidia Is About to Shock the World: July 23rd

Nvidia Is About to Shock the World: July 23rd - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: July 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

Ex-Cellmate Says Epstein Was Offered Plea Deal for Information on Trump: 'Give Them Something on Trump To Get Him Impeached'

Jeffrey Epstein was allegedly offered a plea deal by federal prosecutors. The deal was contingent on Epstein providing information on President Trump, as claimed by Epstein's former cellmate.

Trump nominee withdraws after her criticism of the Jan. 6 Capitol attack surfaces

BILLINGS, Mont. (AP) — President Donald Trump's nominee to oversee an agency that manages has withdrawn her nomination following revelations that she criticized the Republican president in 2021 for inciting the Jan. 6 attack on the U.S. Capitol.

Maverick Trader Reveals 97% Accurate System

Maverick Trader Reveals 97% Accurate System - Ad

This man's simple strategy makes money in any market...With a 97% accuracy at hitting winners over the past 8 years!

Despite a court order, White House bars AP from Oval Office event

Despite a court order, a reporter and photographer from The Associated Press were barred from an Oval Office news conference on Monday with President Donald Trump and his counterpart from El Salvador, Nayib Bukele.

Prince Harry appeals the loss of his UK security detail

LONDON (AP) — wants his British security detail restored and is taking his case to an appeals court.

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs!

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

Nvidia Stock Could Get Boost From Another Jensen Huang Keynote Speech: Here's The Date And Details

Nvidia CEO Jensen Huang is set to give a keynote speech at an upcoming Taiwan conference on AI.

Surveillance video shows New York-to-Paris flight stowaway slipping past gate agents

NEW YORK (AP) — The woman who was able to sneak onto a New York-to-Paris flight without a boarding pass late last year was able to get on the plane by glomming onto a group of ticketed passengers as they passed gate agents, new surveillance video shows.

A "Backdoor" Way to Claim a Stake in Elon's Optimus Before Its Launch

A "Backdoor" Way to Claim a Stake in Elon's Optimus Before Its Launch - Ad

In 2017, Elon Musk went on record to say his Optimus could be "capable of doing anything". One Silicon Valley insider has identified a little-known "backdoor" way to invest in Optimus before its launch. This under-the-radar play could deliver astronomical returns - and you can get started with as little as $100.

Trump keeps contradicting himself on tariffs, making a fragile world economy nervous

WASHINGTON (AP) — President Donald Trump can't stop contradicting himself on .

Meta CEO Zuckerberg spars with FTC lawyer over meaning of emails cited in antitrust trial

WASHINGTON (AP) — Meta CEO Mark Zuckerberg sparred Tuesday with a Federal Trade Commission attorney over the meaning of emails the Facebook founder wrote about why he wanted to acquire Instagram, as a historic antitrust trial alleging Meta illegally monopolized the social media market went into its second day.

Defi Coin Triggers All "Buy" Signals and Could Break Out Soon

Defi Coin Triggers All "Buy" Signals and Could Break Out Soon - Ad

Some are calling this the most promising DeFi project since Ethereum itself. Here's the #1 DeFi Coin Set to Soar. While Bitcoin grabs headlines, this lesser known DeFi coin is quietly gearing up for a monster rally. Experts say now is the time to buy before it reaches escape velocity.

Man Arrested For Arson At Pennsylvania Governor's Residence, Josh Shapiro Says, 'This Kind Of Violence Has Become Far Too Common'

A man was arrested for a targeted arson attack on Pennsylvania Governor Josh Shapiro's residence while he and his family were inside, prompting attempted murder and terrorism charges.

$74 Billion Wiped Out Since Tariff Declaration - See How Much The Billionaires Lost

In a significant market downturn since President Trump announced new tariffs worldwide, the world's wealthiest individuals have seen their fortunes shrink by $74 billion.

Brace Yourself for Jeff Bezos' "Amazon Helios"

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

Crypto Attorney Sues US Government To Unmask Satoshi Nakamoto, Creator Of Bitcoin

In another interesting twist in the Satoshi Nakamoto saga, cryptocurrency lawyer James Murphy sued the U.S. government in an attempt to determine the identity of the pseudonymous Bitcoin (CRYPTO: BTC) creator.

US egg giant Cal-Maine says government is investigating price increases

Shares of Cal-Maine Foods, the largest U.S. egg producer, fell in after-hours trading Tuesday after the company acknowledged it is being investigated by the antitrust division of the U.S. Department of Justice.

One Coin to Rule Them All...

One Coin to Rule Them All... - Ad

Hardly any investors are talking about this coin but I believe that's about to change with some potentially huge news! Get in on the ground floor while it's rock bottom with this new how-to guide, just $3.

UN researchers warn that Asian scam operations are spreading across the rest of the world

BANGKOK (AP) — Transnational organized crime groups in East and Southeast Asia are spreading their lucrative scam operations across the globe in response to increased crackdowns by authorities, according to a U.N. report issued on Monday.

OpenAI's Codex CLI, Intel's Reshuffle, And Nvidia's $500B Commitment: This Week In Artificial Intelligence

OpenAI launched a new coding agent, Intel's CEO initiated a leadership shakeup, and Nvidia faced a $17 billion hit in the AI arms race.

You Can Take a Stake in Elon's xAI Before May 1st...

You Can Take a Stake in Elon's xAI Before May 1st... - Ad

Elon Musk's private AI firm xAI may have just leapfrogged ChatGPT and Google's Gemini--building what experts call the future of AI. For the first time, you can take a stake starting at $500.

World Economic Forum board backs launch of independent probe into founder Klaus Schwab

GENEVA (AP) — The World Economic Forum, which runs an annual gathering of elites in Davos, Switzerland, says its board has given its unanimous support for an independent investigation into allegations of misconduct by founder Klaus Schwab.

The European Union fines Apple 500 million euros and Meta 200 million in separate digital cases

LONDON (AP) — European Union watchdogs fined Apple and Meta hundreds of millions of euros Wednesday as they stepped up enforcement of the 27-nation bloc’s .

Putting Your Name on This List Could Hand You $1,270 on Friday

Putting Your Name on This List Could Hand You $1,270 on Friday - Ad

URGENT: On Tuesday, a simple set of instructions will be sent out to an elite group of investors. The folks in this group will have the opportunity to place a 10-minute trade that could double their money by Friday. Consider this your invitation to join them. The next trade is just days away.

Trump reaches deals with 5 law firms, allowing them to avoid prospect of punishing executive orders

WASHINGTON (AP) — announced deals Friday with five law firms that will allow them to avoid the prospect of a punishing executive order and require them to together provide hundreds of millions of dollars' worth of free legal services for causes his administration supports.

Donald Trump's Trade War: JPMorgan Predicts Deals, Higher Taxes and Potential Recession Avoidance

JPMorgan (NYSE: JPM) has predicted that the ongoing tariff war initiated by President Donald Trump could lead to some agreements between the US and its trade partners, along with a significant rise in tax rates.

The Most Important "AI Stock" You've Never Heard Of

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

Stocks Edge Up On Strong Bank Earnings, Netflix Soars, Dollar Rebounds: What's Driving Markets Tuesday?

Wall Street gained ground by midday trading on Tuesday, as investor concerns over the economic impact of trade tensions continued to ease following recent signs that the Trump administration was taking a more conciliatory approach.

The UK says at an energy summit that green power will boost security, as the US differs

LONDON (AP) — Britain announced a major investment in wind power Thursday as it hosted an international summit on energy security — with Europe and the United States at odds over whether to cut their reliance on fossil fuels.

No.1 Opportunity for 2025 [Take Action Now!]

No.1 Opportunity for 2025 [Take Action Now!] - Ad

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

FDA Approves Dexcom's 15-Day Wearable Glucose Management System. Company Plans US Launch

Dexcom G7 15-Day CGM approved by FDA for adults with diabetes; U.S. launch set for late 2025 with extended wear and advanced tracking features.

Trump advisers say 50-plus countries have reached out for tariff talks with White House

FORT LAUDERDALE, Fla. (AP) — Top administration officials said Sunday that more than targeted by President Donald Trump's have reached out to begin negotiations over the sweeping import taxes that have sent , raised fears of a recession and upended the .

Elon's Greatest Invention... Hidden in South Memphis?

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

Trump Wishes Happy Easter To All Including 'Radical Left Lunatics' And 'Weak And Ineffective Judges': Truth Social Posts Gets Slammed

President Donald Trump's Easter messages on Sunday stirred controversy as they shifted from traditional holiday greetings to sharp political attacks on Joe Biden, judges, and the 2020 election.

Trending Now