WSB Alert | NVIDIA Tops WSB Hot Stock List Despite 5.12% Drop
The latest WSB hot stock rankings as of August 8 are as follows:
In terms of ranking:
NVIDIA ranks 1st on the WSB hot stock list, with NVIDIA dropping 5.12% overnight.
S&P 500 ETF-SPDR ranks 2nd on the WSB hot stock list, with S&P 500 ETF-SPDR dropping 0.67% overnight.
AMD ranks 3rd on the WSB hot stock list, with AMD dropping 20.14% overnight.
Notably, in terms of ranking changes among the top 20 hot stocks:
Occidental Petroleum rose 73 places in the WSB hot stock ranking, currently ranked 18th, with Occidental Petroleum dropping 0.04% overnight, marking a 5-day losing streak, with a 7.74% drop over the past 5 days.
Eli Lilly rose 70 places in the WSB hot stock ranking, currently ranked 15th, with Eli Lilly dropping 2.65% overnight.
Upstart rose 25 places in the WSB hot stock ranking, currently ranked 16th, with Upstart rising 39.51% overnight, marking a 3-day winning streak, with a 40.15% increase over the past 3 days.
The top rankings are as follows: NVIDIA, S&P 500 ETF-SPDR, AMD, Robinhood Markets, and Advanced Micro Devices. NVIDIA ranks 1st with 867 mentions and 3740 likes, S&P 500 ETF-SPDR ranks 2nd with 556 mentions and 2613 likes, and AMD ranks 3rd with 270 mentions and 1590 likes.
WSB Hot Stock News
Institution: NVIDIA's Procurement Share in HBM Market Expected to Exceed 70% by 2025
According to TrendForce's latest HBM report, with the iteration of AI chips, the HBM (High Bandwidth Memory) capacity equipped on a single chip has significantly increased. NVIDIA is currently the largest buyer in the HBM market and is expected to see its procurement share exceed 70% after launching products like Blackwell Ultra and B200A in 2025. HBM3e 12hi will be a market focus in the second half of 2024. The Blackwell Ultra, expected to launch in 2025, will use eight HBM3e 12hi chips, with GB200 also having upgrade potential, coupled with the B200A plan. Thus, it is estimated that the proportion of 12hi products in HBM3e will increase to 40% in 2025 and possibly rise further.
Intel: Bringing Independent GPU Functionality to Car Cockpits to Support Next-generation Automotive AI
Intel announced that it will bring independent GPU functionality to car cockpits, aiding next-generation automotive AI.
Intel CEO Purchases 12,000 Shares of Company Common Stock on August 5
SEC filings show that Intel CEO Pat Gelsinger purchased 7,500 shares of company common stock on the open market at an average price of $20.3137 per share on August 5 and an additional 5,000 shares at an average price of $19.9186 per share.
Intel Accused of Securities Fraud by Shareholders Due to Poor Performance, Layoffs, and Dividend Suspension
Court documents reveal that Intel is being accused of securities fraud by shareholders due to poor performance, layoffs, and dividend suspension.
CPCA: Tesla China's Wholesale Sales Reached 74,117 Vehicles in July
According to CPCA data, the overall trend for new energy passenger car companies was strong in July, with 17 manufacturers achieving monthly wholesale sales of over 10,000 vehicles (an increase of 2 companies year-on-year, a decrease of 2 month-on-month), accounting for 89.6% of new energy passenger cars (90.6% last month, 87.6% the same period last year). Among them, BYD Auto sold 340,799 vehicles, Tesla China 74,117 vehicles, Geely Auto 59,051 vehicles, Li Auto 51,000 vehicles, Changan Auto 42,714 vehicles, SERES 40,968 vehicles, Chery Auto 40,121 vehicles, SAIC-GM-Wuling 29,791 vehicles, GAC Aion 28,287 vehicles, Great Wall Motor 24,059 vehicles, Leapmotor 22,093 vehicles, Dongfeng Auto 21,196 vehicles, Nio 20,498 vehicles, Xiaomi Auto 13,120 vehicles, XPeng Motors 13,003 vehicles, SAIC-Volkswagen 11,496 vehicles, and BMW Brilliance 11,073 vehicles. Tesla exported 27,890 China-made cars in July.
Tesla Releases Q2 2024 Safety Report
On August 8, Tesla released its Q2 2024 safety report, which stated that Tesla's driving safety is over 10 times that of ordinary vehicles; on average, Tesla vehicles with Autopilot engaged experience one traffic accident every 11.07 million kilometers.
Analyst: Apple May Charge for "Apple Intelligence"
Counterpoint Research partner Neil Shah said in an interview that Apple might charge $10 to $20 for Apple Intelligence, potentially as part of Apple One, to offer more advanced AI features. Currently, Apple One has a monthly fee of $19.95, allowing users to access various Apple services, including Apple Music. Neil Shah indicated that investing in AI is expensive, and Apple aims to pass on this cost to users.
Apple SVP and General Counsel Cashes Out $20.6 Million in Apple Stock
Apple SVP and General Counsel Kathierine L. Adams sold 100,000 shares and 4,500 shares of Apple stock through internal transactions on August 5 and 7, respectively, cashing out a total of $20.6 million. This reduced her shareholding in Apple by 34% and 2.3%, respectively.
Occidental Petroleum's Q2 Net Sales Were $6.82 Billion
Occidental Petroleum's Q2 net sales were $6.82 billion, with analysts expecting $6.96 billion.