The Federal Reserve, often referred to as "the Fed," is the central banking system of the United States. It was created in 1913 with the enactment of the Federal Reserve Act, primarily in response to a series of financial panics, particularly a severe panic in 1907.
As of April 24, 2024, Super Micro Computer, Inc. (SMCI) exhibits mixed technical signals and high valuation, suggesting a cautious 'Hold' approach; however, it maintains strong long-term growth prospects and potential for value reevaluation post-upcoming earnings release.