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WSB Alert | Nvidia Tops WSB Discussions Amid AI Infrastructure Talks at White House

Word on the StreetFriday, Sep 13, 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 user numbers. Since then, it has been known as the "home base" for retail investors in the US stock market. While appearing wild, these retail investors are not without reason and are considered a market trend barometer.

The WSB hot-discussed stocks section aims to delve into the favorite stocks of retail investors through key indicators like the number of mentions, likes, and discussion rankings, tracking their focus and grasping the latest US stock trends.

The latest WSB hot discussion rankings as of September 13 are as follows:

In terms of ranking, Nvidia is at the top of the WSB hot discussion list. Nvidia rose 1.91% overnight, marking a four-day increase with a 15.86% rise over the past four days. The S&P 500 ETF-SPDR ranks second, with a 0.84% overnight gain, marking a four-day rise with a 3.47% increase over the past four days. AST SpaceMobile ranks third, dropping 3.98% overnight.

Notably, in terms of ranking changes among the top 20 on the hot discussion list, Vital Energy climbed 322 places to rank fifth, with a 1.09% overnight drop, marking a nine-day decline with a 28.63% decrease over the past nine days. Adobe rose 65 places to rank ninth, with a 1.06% overnight increase, marking a four-day rise with a 4.11% increase over the past four days. Boeing rose 63 places to rank 14th, with a 0.89% overnight increase, marking a two-day rise with a 1.69% increase over the past two days.

The current top-ranking companies include Nvidia with 552 mentions and 3774 likes, the S&P 500 ETF-SPDR with 444 mentions and 2099 likes, and AST SpaceMobile with 239 mentions and 1220 likes. Vital Energy, which had a significant ranking increase, has 98 mentions and 5371 likes.

WSB hot-discussed company news:

Nvidia CEO Jensen Huang and other tech industry leaders met with senior Biden administration officials at the White House on Thursday to discuss the infrastructure needs for large AI projects. Industry attendees included OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, Google President Ruth Porat, and Microsoft President Brad Smith. From the government, Secretary of Commerce Gina Raimondo, National Security Advisor Jake Sullivan, and Secretary of Energy Jennifer Granholm attended. Discussions focused on enhancing public-private cooperation for AI data centers in the US, including issues of facilities permitting, workforce, power demand, and economic impact.

Tesla's latest FSD 12.5.2 update adds a wheel path visualization feature to improve parking experiences. This feature, initially seen on the Cybertruck electric pickup, shows the vehicle's path relative to the steering wheel, aiding drivers during maneuvers. This upgrade will be available with FSD 12.5.2 and future updates to all Tesla vehicles, and will eventually extend to non-FSD vehicles.

Zhite New Material has announced it signed a strategic cooperation agreement with Saudi MABANI Company to jointly explore the construction formwork market in Saudi Arabia and other Belt and Road regions. The agreement is valid for five years, with both parties engaging in comprehensive cooperation to integrate resources and achieve mutual benefit and win-win results.

Boeing's mechanics plan to strike after rejecting a labor agreement.

Microsoft has appointed Carolina Dybeck Happe as the Chief Operating Officer (COO).

Intel’s programmable chip subsidiary Altera's CEO Sandra Rivera stated that, to achieve Altera's IPO goal by 2026, Intel plans to sell shares of Altera rather than a full divestiture.

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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.