NVIDIA has topped the list for the third consecutive day, with its stock price reaching a new high, rising 2.75% overnight and surpassing the $700 mark for the first time, with a market value of $1.73 trillion.
Also on the list is the AI newcomer SMCI, which has continued to climb and reached a new closing high overnight, with its stock price approaching $700.
ARM ranked fourth on the hot list, and its stock price surged 40% after hours. ARM's performance exceeded expectations, with third-quarter revenue of $824 million, a 14% year-on-year increase, higher than analysts' expectations of $760 million. Adjusted operating profit was $338 million, higher than analysts' expectations of $274.4 million. Third-quarter licensing revenue was $470 million, an 11% year-on-year increase, higher than analysts' expectations of $449 million.
<img src="https://pub.pbkrs.com/cms/2024/0/ycVZ6KWsU2wCShSrmyo6jAHTcxvfHHYR.jpg?x-oss-process=style/lg" alt="" original-src="https://pub.pbkrs.com/cms/2024/0/ycVZ6KWsU2wCShSrmyo6jAHTcxvfHHYR.jpg"/>
Most importantly, ARM expects fourth-quarter revenue to reach $850-900 million, higher than the average analyst expectation of $778 million. Adjusted EPS is expected to be $0.28-0.32, higher than the analyst expectation of $0.21.
Stimulated by ARM's financial report, NVIDIA, TSMC, and other stocks have risen after hours.
Disney and Palantir Tech have continued to make the list, with Disney's performance exceeding expectations and rising 6.4% after hours. Palantir Tech's AI business also exceeded expectations, with a 40% increase in two days.
Eli Lilly has remained on the list, with performance exceeding expectations. Its weight loss drug is in high demand and its stock price has reached new highs even before the earnings report, driven by the performance of Novo Nordisk.
PayPal ranked third on the hot list, with performance below expectations, falling nearly 8% after hours, and a cumulative decline of 81% from its historical high.
Alibaba's performance fell short of expectations, with a nearly 6% drop in US stocks overnight and a further 2.5% drop in after-hours trading. Snap also fell 34.6% overnight, also falling short of expectations.
New York Community Bank (NYCB) made the list due to a crisis, with its stock price plummeting from $10.5 to a low of $3.6 in six trading days.
<img src="https://pub.pbkrs.com/cms/2024/0/45rcVM3BtTZDmWcgEqGd2Ky9ytKiyBou.jpg?x-oss-process=style/lg" alt="" original-src="https://pub.pbkrs.com/cms/2024/0/45rcVM3BtTZDmWcgEqGd2Ky9ytKiyBou.jpg"/>
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 and currently attracts more than 14 million users. It is a gathering place for retail investors to discuss US stocks. The stocks discussed in this channel are often the hottest stocks at the moment. Due to the channel's influence, it may drive stock price movements.
Risk Warning:
WSB's hotly discussed stocks, especially for small companies (such as GameStop and AMC in 2021), can be highly volatile due to retail investors' pursuit or abandonment. Please be aware of the risks.

NVIDIA stabilizes above the $700 mark for the first time; AI rising star SMCI approaches $700; ARM surges 40% after hours, NVIDIA, Taiwan Semiconductor, and others follow suit with after-hours gains.

LB Select

NVIDIA

Super Micro Computer

Palantir Tech

Alibaba

Eli Lilly

Disney

SoftBank Group Corp.

SoftBank

Flagstar Financial

Hot Discussion on WSB | ARM Soars 40% at One Point, AI is Red Hot