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2024.03.04 07:19
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Discussion on WallStreetBets | AI concept stocks can't hold back anymore! The heat of AI is only increasing, not decreasing.

Concept stocks related to AI such as BBAI, GFAI, SOUN, and CXAI performed well in the night trading session.

In the top 15 hot stocks, 8 of them are AI concept stocks. Both Wall Street and global retail investors are exploring investment opportunities in AI. NVIDIA and AMD, AI chip stocks, continue to be on the list, with SMCI included in the S&P 500 index, surging more than 15% in after-hours trading. DELL's performance exceeded expectations, with a 31.6% increase in stock price. The earnings report revealed the demand for AI chips and the market's demand for artificial intelligence, reigniting enthusiasm for AI.

TSMC surged nearly 4% in after-hours trading, while Intel rose by 1.3%.

Small companies in the AI concept stocks such as BBAI, SOUN, and others also made the list. Additionally, CXAI and other after-hours stocks saw significant gains.

For more information:

"Wall Street Journal: U.S. value stocks attract bargain hunters, AI frenzy continues to ferment" Read more

Analysis: After NVIDIA's stock price soared, Wall Street seeks more AI gold Read more

Blockchain concept stocks MSTR and MARA made the list, with BTC continuing to rise recently. The market closely watches concept stocks, but risks are gradually accumulating.

Costco (COST) will announce its earnings report after the market closes on March 7th. Judging by Walmart's 6% surge in stock price after announcing its earnings report on February 20th, Costco's performance may also be impressive.

Data source: apewisdom, the most discussed stocks in the past 24 hours

Note:

The Wall Street Bets channel on Reddit (WSB) was created in 2012. This investment community has attracted over 14 million users and is a gathering place for retail investors discussing U.S. stocks. The stocks discussed in this channel are often the hottest at the moment, and due to the channel's influence, they may drive stock price movements.

Risk Warning:

WSB-discussed stocks, especially for small companies (such as GME and AMC in 2021), may experience significant fluctuations due to retail investors' pursuit or abandonment. Please be aware of the risks.