Nvidia shares moved between gains and losses in extended trading on Wednesday after the AI investor favorite posted better-than-expected results and issued a strong outlook amid booming demand for its advanced AI chips.

Such a move would shift about $300 billion in market value and send Nvidia shares plunging to $117 or soaring to $143.

The drop in Tesla shares took the company's valuation back below $1trn for the first time since November 2024. Tesla has been facing stiff competition in the European market from Chinese and other manufacturers.

Europe’s shift to electric vehicles is accelerating, but Tesla isn’t reaping the rewards. In a surprising turn, the EV giant saw a staggering 45% drop in year-over-year sales in January. Dan Ives, Managing Director of Equity Research at Wedbush Securities,

It’s been a rough start of the year for Tesla shareholders. The stock is down roughly 25 percent of year-to-date and it’s only the end of February. The selling has been so intense that the company’s stock has been kicked out of the rarified club of companies with $1 trillion or more in stock market value.

Shares in Super Micro Computer leapt, after the server maker filed overdue financial statements, lifting the threat of a potential delisting from the Nasdaq. The stock stood more than 21% higher in recent premarket trading,

Super Micro Computer filed its delayed 10-K late Tuesday. Shares of the AI server maker were up 22% in after-hours trading. In the 10K, accounting firm BDO said it had audited Super Micro’s consolidated financial statements for the year ending June 30,

Supermicro stock is flying. Shares of Super Micro Computer (SMCI) were up about 21% in morning trading Wednesday to lead S&P 500 gainers, after the server maker last night filed belated financial disclosures with the SEC,