WSB Alert | S&P 500 ETF Tops WSB Rankings Amid Market Shifts
2min read A few years ago, a short squeeze battle between retail investors and Wall Street brought the WSB forum into the spotlight overnight, with a surge in users. Since then, it has been regarded as the "retail investors' hub" of the U.S. stock market. The retail investors here may seem crazy, but they are not devoid of rationality, serving as a market trend indicator.
The WSB hot stock section aims to delve into retail investors' favorite stocks by analyzing key metrics such as mentions, likes, and ranking changes to track retail investors' focus and grasp the latest trends in the U.S. stock market.
The latest WSB hot discussion rankings as of September 19 are as follows:
By ranking:
S&P 500 ETF-SPDR ranks 1st on the WSB hot discussion list, with an overnight decline of 0.30%.
Intuitive Machines ranks 2nd, rising 38.33% overnight.
NVIDIA ranks 3rd, dropping 1.92% overnight, marking a four-day decline of 4.84%.
Notably, in terms of ranking changes within the top 20:
Carvana's ranking increased by 46 positions, currently ranking 20th, with a 3.23% overnight rise and a six-day increase of 23.65%.
Allstate's ranking rose by 24 positions, currently 19th, with a 0.39% overnight increase.
S&P 500 ETF's ranking went up by 17 positions, now at 18th, with a 0.32% overnight drop.
In the WSB hot discussion list, the top ranking companies include: S&P 500 ETF-SPDR with 602 mentions and 2594 likes, Intuitive Machines with 488 mentions and 4146 likes, NVIDIA with 337 mentions and 1083 likes.
[WSB Hot Discussion Company News]
Omdia: NVIDIA Drives Semiconductor Q2 Total Revenue to a New High of $162.1 Billion
The latest report from Omdia shows that semiconductor total revenue in Q2 2024 reached a new high of $162.1 billion, a quarterly increase of 6.7%. This is about $5 billion higher than the record set in Q4 2021, mainly driven by NVIDIA, whose semiconductor revenue for the quarter was $18 billion higher than in Q4 2021.
Ming-Chi Kuo: Huawei's 2024 Foldable Phone Shipment Forecast Raised to 1 Million Units
According to an analyst report by Ming-Chi Kuo, based on the latest supply chain survey, the 2024 shipment forecast for Huawei's foldable smartphone, Mate XT, has been raised from 500,000 to 1 million units. However, the sustainability of demand following its September 20 launch remains to be seen.
National Development and Reform Commission: Fully Promote Regular Issuance of Infrastructure REITs Projects
The spokesperson of the National Development and Reform Commission stated at a press conference that they will ensure the implementation of policies to promote private investment, continuously addressing bottlenecks hindering high-quality development of private investment, and strive to stimulate the vitality and intrinsic motivation of private investment.
Beijing Municipality: Utilize Infrastructure REITs to Support Key Infrastructure Projects in Tourism
The "Implementation Opinions on Promoting High-Quality Development of Tourism (Draft for Comments)" by the Beijing Municipality is open for public consultation. It mentions using various government funds, including central budget, special bonds, ultra-long-term national bonds, and infrastructure REITs, to support key infrastructure projects in 5A and 4A tourist attractions.