The Great Split of Super Micro Computer Stocks, Costco Rises and Bitcoin Falls: Market News Roundup

The Great Super Micro Computer Stock Split: What to Know

Super Micro Computer ( SMCI ) is set to undergo a stock split after the market closes on Monday, falling in line with other prominent AI-based companies such as Nvidia and Broadcom, which also executed early stock splits this year. After the split, shares will begin trading on Tuesday at the adjusted and substantially lower price.

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A lot of people are now underwater with their car loans

Americans have a huge car debt problem right now. A new survey shows that 31 percent of American drivers who have financed their car are underwater on their loans. The problem is even worse for electric vehicle owners – 46% of these people have negative equity in their electric cars. Additionally, the problem is that over half of the drivers surveyed overestimated the value of their vehicle. Rough.

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Dogecoin, Shiba Inu, Pepe, Solana and more: Cryptocurrencies to watch this week

The cryptocurrency market is poised to enter the new quarter with renewed optimism fueled by recent interest rate cuts and anticipation of the upcoming November election. Regardless of the outcome, both major political parties have hinted at policies that could be favorable to the crypto industry, further boosting investor confidence.

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Bitcoin Falls to $60,000 as Rising Middle East Tensions Rock the Crypto Market

Bitcoin fell to $60,000 on Tuesday night as tensions in the Middle East escalated over Iran’s attack on Israel. The major cryptocurrency fell nearly 5% to trade at $60,834.

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Miami may be in a real estate bubble, UBS says

If you’re thinking about buying a condo in Miami, you might want to hold off.

According to a new report from UBS, Miami has the highest bubble risk of any city analyzed globally.

UBS ( UBS ) said that while Miami’s housing boom has cooled “somewhat” due to higher mortgage rates, prices in the city have risen nearly 50% since the end of 2019. Seven percent of that growth has produced in the last four quarters. .

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Donald Trump and Kamala Harris are with crypto voters, according to Coinbase survey

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A new poll suggests cryptocurrency owners are equally likely to vote for Kamala Harris and Donald Trump

Buy Costco and American Express shares as inflation cools, analyst says

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Nvidia and Microsoft earnings will move markets, but Motley Fool Asset Management’s Shelby McFaddin sees opportunity in inflation plays like Costco

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