WSB (WallStreetBets) is a Reddit community of investors and traders who follow the stock market. The WSB list includes stocks that receive a lot of media attention and have a strong sentiment from retail investors. The popularity of these stocks among retail investors combined with social media creates viral trends with a global reach and large price movements. WSB investors are attracted to "meme stocks" and popular "blue-chip" stocks due to their familiarity, volatility and momentum. Since meme stocks often experience rapid price movements, traders can potentially make quick profits as more investors rally around a stock, creating a sense of community among meme stock traders. Many people who invest in meme stocks are active participants in online forums and social media groups where they share information and insights about trading strategies, market trends, and individual stocks.
Decoding Snap Inc (SNAP): A Strategic SWOT Insight
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News Highlights
US stocks closed | PCE suspends inflation concerns, Google's performance soared more than 10% after that, and Nvidia rose more than 6%
The S&P Index rose 2.67% this week, and the NASDAQ rose 4.23%, all of which recorded the biggest weekly gain since November last year; the China General Index rose nearly 9% weekly, the biggest increase since July last year.
Norwegian Investor Doubles Down on Palantir, Sells Apple -- Barron's
Ed Lin The asset manager of Norway's largest bank just cut back on some members of the Magnificent Seven, making a big bet on a tech stock outside of the group. DNB Asset Management cut positions in
Top Gap Ups and Downs on Friday: SNAP, GOOGL, INTC and More
Gaps can show signals that something important has happened to the fundamental or the psychology of traders that accompanies this market movement.
US MOVERS&SHAKERS Apr 22-Apr 26, 2024
Here are the top 10 gainers and losers of the week.