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Business

Stock Market Fluctuations and Natixis Advisors L.P. Increases Position in Super Micro Computer, Inc.

The stock market experienced some fluctuations today, with the S&P 500 at 5,130.95 (-0.12%), the DOW at 38,989.83 (-0.25%), and the QQQ at 444.02 (-0.36%). Tech giants such as AAPL and MSFT also saw a dip in their stock prices, with AAPL at 175.10 (-2.54%) and MSFT at 414.92 (-0.14%). On the other hand, NVIDIA (NVDA) showed a significant increase of 3.61%, reaching 852.52.

In other news, Natixis Advisors L.P. has increased its position in Super Micro Computer, Inc. (NASDAQ:SMCI) by 31.4% during the 3rd quarter. The company now holds 17,218 shares of SMCI’s stock, with a value of $4,722,000 as per its latest disclosure to the Securities and Exchange Commission.

Additionally, several other institutional investors have shown interest in SMCI, with Sound Income Strategies LLC and Allworth Financial LP purchasing new positions in the company during the third quarter.

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