---
title: "WSB Hot Discussion | BTC Returns to 72,000, Energy Stocks Heating Up"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/201454539.md"
description: "Industrial hemp is popular, General Electric's stock price continues to rise, reaching a 24-year high"
datetime: "2024-04-08T09:25:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/201454539.md)
  - [en](https://longbridge.com/en/news/201454539.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/201454539.md)
---

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# WSB Hot Discussion | BTC Returns to 72,000, Energy Stocks Heating Up

Oil stock PAA ranks second in popularity, rising for 9 consecutive weeks. So far this year, the energy select sector SPDR fund (XLE) has performed well, with a gain of 10.7%. In comparison, the technology select sector SPDR fund (XLK) and the S&P 500 index have risen by only 7.9% and 9.4% respectively.

On one hand, geopolitical factors have driven up oil prices, with WTI crude oil surpassing $85.

On the other hand, the North American economy is strong, with spending on U.S. manufacturing facilities increasing by 60% in the past 12 months, reflecting growth in manufacturing construction. In addition to the rise in oil stocks, utility stocks have also been on the rise, with VST and CEG stocks increasing by over 130% and 70% respectively in the past six months.

Tesla ranks third in popularity, with a pre-market increase of 4%. Last Friday, Musk announced the launch of Robotaxi on August 8, a significant advancement in autonomous driving.

Chip stocks have seen a decrease in popularity, with NVIDIA and TSMC ranking fourth and ninth respectively. Last Friday, Samsung Electronics of South Korea reported a 9.3-fold increase in profits in its quarterly performance report, indicating a return to growth in the semiconductor industry.

Trump concept stock DJT ranks fifth in popularity, with a slight decrease in popularity and a stock price nearly halved from its peak.

Industrial cannabis stock TLRY ranks sixth in popularity, with recent decent gains. Also on the list is SNDL (17th), and historically, these companies have high volatility risks.

Blockchain stock MSTR ranks tenth in popularity, with a 12% pre-market surge, while COIN rose by 5.6% and MARA by 7%. BTC has returned to $72,000.

General Electric (GE) ranks 13th in popularity, with its stock price continuously rising recently, reaching a 24-year high. This is mainly due to the business split into three companies, with the energy business recently listed under the code GEV. In addition, GE Aviation announced a quarterly dividend of 28 cents per share on April 15, up from the previous 8 cents per share, representing a 250% increase in dividends.

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

Note:

The Wall Street Bets (WSB) channel on Reddit was created in 2012 and has attracted over 15 million users. It is a gathering place for retail investors to discuss U.S. stocks, with the stocks discussed often being the hottest at the moment. Due to the channel's influence, stock prices may be affected.

Risk Warning:

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

### Related Stocks

- [Strategy Inc (MSTR.US)](https://longbridge.com/en/quote/MSTR.US.md)
- [Coinbase Global, Inc. (COIN.US)](https://longbridge.com/en/quote/COIN.US.md)
- [MARA Holdings, Inc. (MARA.US)](https://longbridge.com/en/quote/MARA.US.md)
- [Riot Platforms, Inc. (RIOT.US)](https://longbridge.com/en/quote/RIOT.US.md)
- [Plains All American Pipeline, L.P. (PAA.US)](https://longbridge.com/en/quote/PAA.US.md)
- [GE Aerospace (GE.US)](https://longbridge.com/en/quote/GE.US.md)
- [Global Energy Ventures Ltd (GEV.AU)](https://longbridge.com/en/quote/GEV.AU.md)
- [The Energy Select Sector SPDR® ETF (XLE.US)](https://longbridge.com/en/quote/XLE.US.md)
- [The Technology Select Sector SPDR® ETF (XLK.US)](https://longbridge.com/en/quote/XLK.US.md)
- [Tesla, Inc. (TSLA.US)](https://longbridge.com/en/quote/TSLA.US.md)
- [Trump Media & Technology Group Corp. (DJT.US)](https://longbridge.com/en/quote/DJT.US.md)
- [Tilray Brands, Inc. (TLRY.US)](https://longbridge.com/en/quote/TLRY.US.md)
- [SNDL Inc. (SNDL.US)](https://longbridge.com/en/quote/SNDL.US.md)
- [Vistra Corp. (VST.US)](https://longbridge.com/en/quote/VST.US.md)
- [Constellation Energy Corporation (CEG.US)](https://longbridge.com/en/quote/CEG.US.md)

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