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WSB Alert | NVIDIA Leads Hot Stock List; NIO Surges Amid Charging Deal with Sinopec

Word on the StreetWednesday, Sep 25, 2024 7:00 am ET
2min read
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A few years ago, a short squeeze battle between retail investors and Wall Street made the WSB forum go viral overnight, with a surge in users. It has since become known as the “retail investor hub” of the US stock market. The retail investors here may seem crazy, but they are not lacking in rationality and can be considered a barometer for market trends.

The WSB hot stocks list aims to delve into the favorite stocks of retail investors by examining key indicators such as mentions, likes, and rankings, tracking their focus points to grasp the latest US stock trends.

The latest WSB hot stock rankings as of September 25 are as follows:

NVIDIA ranks 1st on the WSB hot stock list. NVIDIA rose by 3.97% overnight, marking a two-day streak with a 4.20% increase over the past two days.

S&P 500 ETF-SPDR ranks 2nd on the WSB hot stock list. It rose by 0.29% overnight, with a two-day increase of 0.54%.

Tesla ranks 3rd on the WSB hot stock list. Tesla rose by 1.71% overnight, achieving a two-day increase of 6.72%.

Notably, in terms of ranking changes among the top 20 on the hot stock list,

NIO climbed 58 places on the WSB hot stock list, currently ranking 17th. NIO rose by 11.65% overnight, achieving a two-day increase of 12.50%.

Allstate climbed 18 places on the WSB hot stock list, currently ranking 20th. Allstate fell by 0.55% overnight.

AMD climbed 12 places on the WSB hot stock list, currently ranking 13th. AMD rose by 1.00% overnight, achieving a two-day increase of 1.52%.

The top-ranked companies include NVIDIA with 587 mentions and 2590 likes, S&P 500 ETF-SPDR with 317 mentions and 1141 likes, and Tesla with 147 mentions and 406 likes.

WSB Hot Stock News

Runjian Co.: Cooperation with NVIDIA China Elite Partner; Establishes NVIDIA DPU & DOCA Excellence Center
According to Runjian Co.'s official WeChat, during the 21st China-ASEAN Expo, its AI showroom in Nanning, Guangxi, grandly opened. Runjian Co. has formed a strategic partnership with experts in the AI field and NVIDIA’s China Elite Partner, leveraging multiple resources to promote innovation in AI and intelligent computing industries. The AI showroom features the NVIDIA DPU & DOCA Excellence Center, offering experiences in various technical applications. Runjian Co. has completed the only NVIDIA kilocard cluster in Guangxi and will work with NVIDIA to build an AI industry ecosystem.

Microsoft Expands Global Engineering Development Center Operations to Abu Dhabi
Microsoft is expanding its global engineering development center operations to Abu Dhabi.

Microsoft to Invest $1.3 Billion in AI in Mexico Over Three Years
Microsoft plans to invest $1.3 billion in AI in Mexico over the next three years.

Hefei Visionox’s 8.6th Gen Flexible AMOLED Production Line Project Officially Commences
On the morning of September 25, the commencement ceremony for Hefei Visionox’s 8.6th Gen flexible AMOLED production line project was held. This project, with a total investment of 55 billion yuan, focuses on the R&D, production, and sales of medium-sized AMOLED products, including tablets, laptops, and automotive applications. It aims to create the world's first 8.6th Gen AMOLED production line equipped with no-FMM technology (ViP).

NIO and Sinopec Reach Charging Service Agreement
According to NIO's official Weibo, on September 25, NIO and Sinopec reached a charging service agreement, allowing users to find and use Sinopec's nationwide charging piles via the NIO App, in-car system, and charging app.

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