WSB Hot Discussion | Nvidia Unfazed by CPI, Continuing to Lead the US Stock Market?

NVIDIA is the hottest topic, with the overnight market plunging due to CPI exceeding expectations, while NVIDIA unexpectedly rose by 2%. The day before, Intel released a new generation of AI chips, causing market concerns about challenging NVIDIA, leading to a nearly 5% intraday drop for NVIDIA.

Intel, on the other hand, fell by 3% overnight and has dropped by 15.7% since 2024, making it the worst-performing chip stock.

Ranked second and sixth in terms of popularity are the EFTs of CPI and PPI. The data released last night raised concerns about secondary inflation, leading to a delay in interest rate cuts.

Tesla ranks third in popularity, with a cumulative decline of 30.8% since 2024, while the Nasdaq 100 index rose by 7%. The shadow of Tesla's Q1 delivery data falling short of expectations still lingers.

TSMC ranks fifth in popularity, with impressive sales growth in March, rising against the trend by 0.56% overnight.

Apple ranks eighth in popularity, with a 12.7% decline since 2024.

Meta ranks ninth in popularity, with six consecutive quarters of growth and a current P/E ratio of nearly 35 times.

Reddit ranks 12th in popularity, falling for three consecutive days to hit a historical low, with the current stock price at $42 (the IPO price was $34, and the historical high was $74.9).

Data source: swaggystocks.com, the most discussed stocks in the past 24 hours

Note:

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