WSB Alert | S&P 500 ETF Leads WSB Buzz as Trump Media Drops, Tesla Surges
Several years ago, a short squeeze battle between retail investors and Wall Street made the WSB forum go viral overnight, with its user count skyrocketing. Since then, it has been known as the "home base of retail investors" in the U.S. stock market. Retail investors here may appear crazy, but they are not lacking in rationality and serve as a market trend indicator.
The WSB hot stock section aims to delve into individual stocks through key indicators such as the number of mentions, likes, and hot discussion rankings, tracking the focus of retail investors to grasp the latest trends in the U.S. stock market.
The latest WSB hot discussion rankings as of November 8 are as follows:
In terms of ranking,
S&P 500 ETF-SPDR ranks first on the WSB hot discussion list, gaining 0.77% overnight and extending gains for three consecutive days, up 4.53% over the last three days.
Trump Media Technology ranks second on the WSB hot discussion list, dropping 22.97% overnight.
Tesla ranks third on the WSB hot discussion list, rising 2.90% overnight, with a three-day gain of 22.27%.
Notably, in terms of ranking changes among the top 20 on the hot discussion list,
Archer Aviation's ranking on the WSB hot discussion list rose by 217 spots, currently ranking 16th, with a 9.03% overnight gain.
Block's ranking on the WSB hot discussion list rose by 69 spots, currently ranking 17th, with a 3.05% overnight drop.
Intuitive Machines' ranking on the WSB hot discussion list rose by 33 spots, currently ranking 6th, gaining 15.25% overnight and 25.59% over the last three days.
The top three most mentioned companies are S&P 500 ETF-SPDR with 353 mentions and 2131 likes, Trump Media Technology with 306 mentions and 1344 likes, and Tesla with 219 mentions and 3153 likes.
[WSB Hot Discussion Company News]
Speculative demand wanes post-election, Trump's media-tech stock slips
Trump Media Technology (DJT) shares fell to a nearly two-week low on Thursday as speculative bets on a Trump victory lost momentum a day after his win. As of press time, the stock price has dropped over 22%. Data from Vanda Research shows that on Wednesday, Trump Media Technology (DJT) attracted a net inflow of $7.3 million from retail investors, significantly lower than the record high of $14.4 million observed on several days prior to October 29 and November 6, indicating that trading volumes anticipating the election outcome were much higher than on the voting day. Strategists noted that the company's $6.4 billion valuation has deviated from its fundamentals. On election day, the company released its quarterly report for the period ending September, with a net loss of $19.2 million and revenue of $1 million.
Tesla becomes one of the first companies to comply with automotive data security regulations
According to a report by the China Association of Automobile Manufacturers and the National Computer Network Emergency Response Technical Team/Coordination Center, Tesla has become one of the first companies to comply with automotive data security regulations. This means that models produced at Tesla's Shanghai Gigafactory meet national standards, including anonymization of exterior facial information, default non-collection of cabin data, cabin data processing within the vehicle, and prominent notifications for processing personal information.
Musk announces record-high usage on his social media platform "X"
Musk stated on social media that his platform "X" reached a new historical high in usage this week.
Nvidia to limit game time in cloud gaming service
Nvidia announced significant changes to its cloud gaming service GeForce Now, including support for 2K and ultra-wide resolution streaming. Beginning January 1 next year, new members will have a 100-hour game time limit per month; upon reaching the limit, they will need to purchase additional game time. Unlimited game time for existing members will continue until January 2026.