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WSB Alert | Tesla Tops WSB Discussions Amid Musk's $43M Super PAC Investment

Word on the StreetFriday, Oct 25, 2024 7:00 am ET

2min read

A few years ago, a short squeeze battle between retail investors and Wall Street catapulted the WSB forum into overnight fame, significantly increasing its user base. Since then, it has been known as the "retail investor stronghold" of the US stock market. Although these retail investors may seem frenzied, they are not lacking in rationality and serve as a market trend indicator.

The WSB Hot Discussions column aims to delve into the stocks most favored by retail investors through key metrics such as stock mentions, likes, and discussion rankings, tracking retail investor interests and capturing the latest trends in the US stock market.

The latest WSB hot discussion rankings as of October 25 are as follows:

In terms of rankings,

Tesla ranks 1st on the WSB hot discussion list, with a 21.92% increase overnight.

S&P 500 ETF-SPDR ranks 2nd on the WSB hot discussion list, with a 0.22% increase overnight.

NVIDIA ranks 3rd on the WSB hot discussion list, with a 0.61% increase overnight.

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

Deckers Outdoor climbed 382 positions on the WSB hot discussion list, currently ranking 19th, with a 0.72% increase overnight.

DexCom climbed 108 positions on the WSB hot discussion list, currently ranking 11th, with a 3.27% increase overnight.

SoFi Technologies climbed 81 positions on the WSB hot discussion list, currently ranking 15th, with a 4.89% increase overnight.

In terms of mention counts and likes, Tesla leads with 820 mentions and 8304 likes, followed by the S&P 500 ETF-SPDR with 274 mentions and 1055 likes, and NVIDIA with 258 mentions and 1334 likes.

[WSB Hot Discussion Company News]

Elon Musk invested $43 million into his Super PAC in early October

Elon Musk invested $43 million into his Super PAC in early October.

Reports indicate that Elon Musk has been in regular contact with Russian President Putin since the end of 2022

Reports indicate that Elon Musk has been in regular contact with Russian President Putin since the end of 2022.

SK Hynix is in talks with Tesla to supply enterprise-level solid-state drives (SSD or eSSD) worth up to 1 trillion KRW (about $730 million)

SK Hynix is in talks with Tesla to supply enterprise-level solid-state drives (SSD or eSSD) worth up to 1 trillion KRW (about $730 million).

A double short Tesla ETF was temporarily halted due to high volatility and is now down 32%

A double short Tesla ETF was temporarily halted due to high volatility and is now down 32%.

Microsoft announces that CEO Satya Nadella’s total compensation for 2024 is $79.1 million, compared to $48.5 million in 2023

Microsoft announces that CEO Satya Nadella’s total compensation for 2024 is $79.1 million, compared to $48.5 million in 2023.

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.