WSB Alert | NVIDIA Tops WSB Discussion as Clover Health Surges 25.50%

A few years ago, a short squeeze battle between retail investors and Wall Street caused the WSB forum to go viral overnight, with its user count surging. Since then, it has been dubbed the "retail investors' stronghold" in the U.S. stock market. Retail investors here may seem crazy but are not devoid of reason and can serve as a market trend indicator.

The WSB hot stock section aims to delve into the stocks most loved by retail investors by tracking key metrics such as individual stock mentions, likes, and hot discussion rankings. It thus captures the latest trends in U.S. stocks.

The latest WSB hot discussion rankings as of August 15 are as follows:

According to the rankings,

NVIDIA ranks 1st on the WSB hot discussion list. NVIDIA rose 1.67% overnight, marking a three-day consecutive gain of 12.73% over the past three days.

S&P 500 ETF-SPDR ranks 2nd on the WSB hot discussion list. The ETF-SPDR rose 0.32% overnight, marking a five-day consecutive gain of 4.84% over the past five days.

AST SpaceMobile ranks 3rd on the WSB hot discussion list. AST SpaceMobile fell 0.72% overnight.

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

Ulta Beauty has risen 451 places on the WSB hot discussion list, currently ranking 17th. Ulta Beauty fell 0.76% overnight.

Clover Health has risen 96 places on the WSB hot discussion list, currently ranking 8th. Clover Health rose 25.50% overnight, marking a five-day consecutive gain of 50.75% over the past five days.

Walmart has risen 31 places on the WSB hot discussion list, currently ranking 12th. Walmart rose 0.78% overnight.

NVIDIA ranks 1st with 672 mentions and 4109 likes. The S&P 500 ETF-SPDR ranks 2nd with 342 mentions and 1673 likes. AST SpaceMobile ranks 3rd with 283 mentions and 1410 likes.

WSB Hot Stocks News

Bridgewater significantly reduced its holdings in Apple and NVIDIA in the second quarter. 13F filings show that Bridgewater reduced its holdings of NVIDIA by 489,000 shares, Google by 828,000 shares, and Pinduoduo by 289,000 shares in the second quarter. The fund significantly increased its holdings of Amazon by 1.59 million shares and Microsoft by 510,000 shares, with increases of 152% and 88%, respectively. Bridgewater also sold nearly 75% of its Apple holdings, reducing it to 469,000 shares. As of the end of the second quarter, Bridgewater's total U.S. stock holdings were valued at $19.2 billion, down $600 million from the previous quarter.

HaiTai Medical: Net profit of 165 million yuan in the first half of 2024, an increase of 119.4% year-on-year. HaiTai Medical announced that in the first half of 2024, the company achieved operating income of 1.687 billion yuan, an increase of 23.14% year-on-year. The net profit attributable to shareholders of the listed company was 165 million yuan, an increase of 119.4% year-on-year.

Cisco rapidly adjusted its business strategy to invest resources in artificial intelligence (AI). Cisco stated that the company rapidly adjusted its business strategy to invest resources in AI.

Cisco's total number of employees is 90,400, including personnel related to the acquisition of Splunk. Cisco's total number of employees is 90,400, including personnel related to the acquisition of Splunk. The company plans to cut about 7% of its employees (about 6,300 people) in its restructuring plan.

Cisco expects full-year revenue of $55 billion to $56.2 billion; analysts' forecast is $55.67 billion. Cisco expects full-year revenue of $55 billion to $56.2 billion; analysts' forecast is $55.67 billion. Cisco will further lay off employees and expects to incur up to $1 billion in pre-tax costs.

SoftBank discussed AI chip cooperation with Intel. SoftBank discussed AI chip cooperation with Intel.

Institutions: Second quarter DRAM industry revenue increased by 24.8% quarter-on-quarter; third-quarter contract prices are expected to rise. According to TrendForce's survey, benefiting from the expansion of main product shipments, the overall DRAM industry revenue in the second quarter of 2024 reached $22.9 billion, an increase of 24.8% quarter-on-quarter. In terms of prices, contract prices remained rising in the second quarter, and due to international situation and other factors, the contract price increase in the third quarter for Conventional DRAM is expected to exceed previous expectations. Observing the shipment performance of Samsung, SK Hynix, and Micron Technology in the second quarter, all increased compared to the previous quarter. The average selling price continued the contract price increase trend from the first quarter. Coupled with the impact of the earthquake in Taiwan in early April and the supply shortage of HBM (High Bandwidth Memory), the contract price increase in the second quarter ultimately ranged from 13% to 18%.

Apple continues to advance in the desktop robotics field, led by its former automotive business head. Mark Gurman wrote that to seek new revenue sources, Apple is developing an expensive home desktop device that combines an iPad-like display with mechanical limbs. The company currently has a team of hundreds of people developing this device, led by former automotive business head Kevin Lynch. The project, code-named J595, was approved by Apple's executive team in 2022 but has only started to accelerate in recent months. According to insiders, Apple has now decided to prioritize the development of this device, planning to debut it as early as 2026 or 2027, aiming to reduce the price to around $1,000.

Tencent is negotiating with Apple regarding IOS mini-games revenue. Tencent is negotiating with Apple regarding IOS mini-games revenue.