WSB Hot Topic | CEO leads the way in harvesting losses, lunar probe company LUNR plunges 30%
Software stock SNOW has surged by over 50% in the past four months, analysts predict that AI will drive business growth for SNOW.
After NVIDIA released its earnings report, although the heat has decreased slightly, it still dominates the list with "AI for Everything" as its core logic.
LUNR, a private lunar exploration company, ranks second on the hot list. It plummeted more than 30% before the market opened, surged over 40% during Friday's trading, and closed with a 15.8% increase. Last week, the CEO, Shanon, sold around 360,000 shares of his stock at an average price of about $11.31 per share before the lunar lander landed. According to SEC disclosure documents, he was left with approximately 1.3 million shares of the company's stock after the sale.
The rising star in AI, SMCI, ranks third on the hot list. It dropped significantly by 11.8% last Friday due to the issuance of convertible notes.
Marathon Digitalthon Digital, a blockchain concept stock, ranks fifth on the hot list. It will release its earnings report after Wednesday's market close. Analysts expect a remarkable YoY growth in Marathon Digitalthon Digital's performance amid the rising trend of cryptocurrencies, with a 1% pre-market increase currently.
Tesla and AMD rank sixth and seventh on the hot list, respectively.
Zoom, a video conferencing stock, ranks eighth on the hot list. It will release its earnings report after the U.S. market closes today. Currently trading at historical lows, this report is crucial as it will determine the stock price trend.
SOUN, a stock held by NVIDIA, ranks ninth on the hot list. It will release its earnings report after the market closes on the 29th. The stock surged significantly after NVIDIA disclosed its holdings, with a nearly 136% increase in the past month, and a market value of around $1 billion.
CVNA, a used car platform, ranks tenth on the hot list. It soared by 32% on Friday, exceeding expectations. Starting from a low of $3.55, it has increased nearly 20 times over the past year.
Noteworthy is the software stock SNOW, ranking twelfth on the hot list. With an increase of over 50% in the past three months, it will release its earnings report after the market closes on the 28th. Wall Street analysts predict that Snowflake's fourth-quarter revenue will grow by 29% YoY to $761 million, and adjusted earnings per share will increase by 28% YoY to $0.18. Additionally, it is expected that AI will drive SNOW's business growth.
Data Source: apewisdom, the most discussed stocks in the past 24 hours
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