📈 No Brainer AI Stocks

Plus: SMCI sumps 2 million shares

Good Morning!

First up, Super Micro Computer stock took a bit of a 9% stumble – seems like they're playing hot potato with 2 million shares. Next, Bitcoin's been on a wild ride, dipping its toes at $60,000 before bouncing back up – gotta love those Fed jitters and profit parties. And for our savvy savers, we've got a tip: there's this no-brainer AI stock that's like the best bargain buy for just $25. Park it in your portfolio and let it simmer for a decade.

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Markets

Fed Day and Rate Cut Timing Expectations (5 minute read)
So, all eyes are on the Fed meeting today at 2 PM, right? It's like the financial world's version of a suspense thriller - no policy changes expected, but everyone's playing detective with the Fed's cryptic clues, trying to guess when they'll start slicing those interest rates. Meanwhile, the plot thickens with all sorts of twisty indicators like copper, lumber, and oil prices keeping inflation in the game.

Investing

Super Micro Computer Stock Drops 9% After Server Maker Files to Dump 2 Million Shares (2 minute read)
Super Micro Computer (SMCI) hit a bit of a rough patch on Tuesday, diving 9% after announcing they're unloading 2 million shares. Shareholders aren't exactly throwing a party over this - there's some worry in the air that this move might thin out their precious share slices. And just when you think that's all, Super Micro pulls another rabbit out of the hat with an extra 300,000 shares up for grabs, courtesy of Goldman Sachs playing the role of the underwriter. Quite the financial drama, isn't it?

Bitcoin price today: Jumps after testing $60,000 amid Fed jitters, profit-taking (5 minute read)
Bitcoin took a bit of a rollercoaster ride this Wednesday, dropping to a two-week low and hanging around $60,000. It seems like investors decided to cash in their chips before the big Federal Reserve meeting. Also, a major exchange-traded fund was like a party everyone was leaving, adding more weight to Bitcoin's dip. This tumble was the biggest one-day oops for BTC since the FTX crash back in November 2022.

In the wider currency playground, traders were playing it safe, hugging the dollar and saying goodbye to their Bitcoin profits, especially after it skyrocketed to a dazzling high of over $73,000 earlier in March. Talk about a financial seesaw!

1 No-Brainer Artificial Intelligence (AI) Stock to Buy With $25 and Hold for 10 Years (7 minute read)
It looks like the bad guys have found a new toy: generative AI! They're using it to cook up some pretty clever cyberattacks. Meanwhile, companies are keeping their wallets surprisingly tight when it comes to cybersecurity, falling short by a whopping $1.8 trillion – talk about being a penny wise but a pound foolish, right? But, as the price tag of cyber mischief keeps climbing, these companies might just start loosening those purse strings. And who's waiting in the wings to catch that windfall? SentinelOne (S), is ready to jump into action and save the day if that spending spree happens.

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