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WSB Alert | Intuitive Machines Surges 24% as S&P 500 ETF Tops WSB Discussion List

Word on the StreetFriday, Sep 20, 2024 7:00 am ET
2min read

A few years ago, a short squeeze battle between retail investors and Wall Street made the WSB forum an overnight sensation, with a surge in users. Since then, it has been hailed as the "retail investor stronghold" of the US stock market. While these retail investors may seem crazy, they aren't lacking in rationale, serving as a market trend indicator.

The WSB stock discussion section aims to delve into the most favored stocks by retail investors through key indicators such as individual stock mentions, likes, and discussion rankings, tracking the focus of retail investors and grasping the latest US stock trends.

The latest WSB discussion rankings as of September 20 are as follows:

In terms of ranking:

S&P 500 ETF-SPDR ranks 1st on the WSB discussion list, with an overnight increase of 1.71%.

Intuitive Machines ranks 2nd on the WSB discussion list, with an overnight rise of 24.23%, marking a two-day continuous increase, up 71.85% over the past two days.

Nvidia ranks 3rd on the WSB discussion list, with an overnight rise of 3.97%.

Notably, in terms of ranking changes among the top 20:

Nike's rank rose by 247 places on the WSB discussion list, currently at 8th position, with an overnight increase of 0.10%, marking a seven-day continuous rise, up 3.70% over the past seven days.

FedEx's rank rose by 43 places on the WSB discussion list, currently at 12th position, with an overnight increase of 0.74%, marking a nine-day continuous rise, up 6.13% over the past nine days.

Palantir's rank rose by 29 places on the WSB discussion list, currently at 16th position, with an overnight increase of 1.24%.

In the top ranks, the S&P 500 ETF-SPDR is mentioned 537 times with 3777 likes, Intuitive Machines is mentioned 360 times with 2310 likes, and Nvidia is mentioned 312 times with 1432 likes.

WSB Stock Discussion News

G42 Collaborates with Nvidia on Climate Technology
UAE's AI company G42 will partner with Nvidia to advance climate technology research. G42 stated that the two companies will jointly develop AI solutions aimed at improving global weather forecasting accuracy and will establish an operational base and climate technology lab in Abu Dhabi.

NIO's Li Bin: Committed to Pure Electric, Unless Tesla Switches to Extended Range
Regarding several companies that originally focused solely on electric vehicles joining the "extended range vehicle" camp, such as Xiaomi and XPeng, NIO's founder, chairman, and CEO Li Bin stated during a media group interview today that while extended range and plug-in hybrid models are selling well, NIO, including the Lu Tao brand, remains committed to pure electric. "If Tesla starts doing extended range, then we'll reconsider. So NIO and Lu Tao will only do pure electric, that's for sure."

Intel: No Plans to Divest Majority Stake in Mobileye
Intel announced on September 19 that, as a major shareholder in Israeli autonomous driving technology company Mobileye, it has confidence in the future of its business and currently has no plans to divest the majority stake in the company.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.