WSB Alert | NVIDIA Tops WSB Hot Stock List Amid 6.38% Drop
AInvestFriday, Aug 30, 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 an overnight sensation, with a surge in user numbers. Since then, it has been known as the "home base" for retail investors in the U.S. stock market. These retail investors may seem crazy, but they are not without reason, serving as a market indicator. The WSB hot stock section aims to delve into the most favored stocks by retail investors through key metrics such as individual stock mentions, likes, and discussion rankings, tracking their points of interest to grasp the latest U.S. stock trends.

Here are the latest WSB hot stock rankings as of August 30

By Rankings:

NVIDIA ranks 1st on the WSB hot stock list, having dropped 6.38% overnight. It has been down for 2 consecutive days, losing 8.35% in the last 2 days.

S&P 500 ETF-SPDR ranks 2nd on the WSB hot stock list, having gained 0.01% overnight.

Intuitive Machines ranks 3rd on the WSB hot stock list, having gained 3.21% overnight.


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

Dollar General surged by 134 ranks to currently stand at 4th place, having dropped 32.15% overnight. It has been down for 2 consecutive days, losing 32.84% in the last 2 days.

SoFi Technologies surged by 64 ranks to currently stand at 17th place, having gained 7.21% overnight.

Ulta Beauty surged by 51 ranks to currently stand at 18th place, having gained 0.21% overnight.


NVIDIA holds the top spot with 1,272 mentions and 8,958 likes. S&P 500 ETF-SPDR comes in second with 511 mentions and 1,829 likes. Intuitive Machines ranks third with 311 mentions and 2,693 likes. Dollar General surged to fourth with 190 mentions and 2,226 likes, while Lululemon Athletica rounds out the top five with 155 mentions and 465 likes.

WSB Hot Company News

Jensen Huang: NVIDIA to Maintain Annual Upgrade Pace for Flagship AI Chips
NVIDIA CEO Jensen Huang stated that delays in the next-generation AI processors would not affect the chipmaker's plans to launch new flagship products annually.
NVIDIA Discusses Participation in OpenAI Financing
NVIDIA has held discussions to join the new round of funding for OpenAI, which will push OpenAI's valuation over $100 billion.

Intel Considering Divesting Foundry Business, Cancelling Factory Projects
Intel is considering divesting its foundry business and cancelling factory projects. The company is exploring various options with Goldman Sachs and Morgan Stanley.

Porsche Launches Pre-sale for Long-Range Electric Macan
On August 30, Porsche announced the pre-sale of the long-range electric Macan, with a suggested retail price starting at 598,000 RMB.
Apple Discusses Joining OpenAI’s New Funding Round
Sources from the Wall Street Journal reported that Apple is in talks to join the new funding round for OpenAI.

Meta Platforms: LLAMA AI Model Total Downloads Near 350 Million
Meta Platforms reported that total downloads for the LLAMA AI model are nearing 350 million, with over 20 million downloads last month.
Visionox: Plans to Invest 55 Billion RMB in Hefei's 8.6th Generation AMOLED Production Line
Visionox announced plans to invest 55 billion RMB to build the 8.6th generation flexible active matrix organic light-emitting diode (AMOLED) production line in Hefei. The project will focus on medium-sized AMOLED display products, including high-end tablets, laptops, and automotive displays.

Tesla China Recalls Some Imported Model X Electric Vehicles
Tesla Inc. announced the recall of 870 imported Model X electric vehicles produced between March 16, 2016, and July 31, 2016, due to potential safety issues with the roof trim panel. Tesla will inspect and re-install the trim panel free of charge.
Tesla Plans to Deliver Two New Model Y Variants Next Year
According to LatePoint Auto, Tesla plans to deliver two revamped Model Y variants next year, including a 5-seat version codenamed "Juniper" in Q1 and a 7-seat version in Q4.

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.