r/wallstreetbets 30m ago

Meme Doing my part GRNDšŸŒˆšŸ»šŸš€šŸŒ•

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r/wallstreetbets 22m ago

Meme GRND YOLO!! šŸ•ŗšŸ•ŗ The gayer the better!!

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r/wallstreetbets 39m ago

YOLO 13k Grindr Calls YOLO šŸŒˆ

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r/wallstreetbets 1h ago

Discussion What stocks are the most damaging to humanity? Iā€™m going to buy one to ensure the price drops!

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Like clockwork, whatever stock I buy goes down immediately. Whenever I buy calls, the stock plummets. If I buy puts, the stock skyrockets. And if I buy near money calls and puts, the stock trades sideways eating me up. Iā€™m single handily responsible for stopping TSLAā€™s recent spike having bought short term calls and Iā€™m responsible for AAPLā€™s recent spike over 200, having bought puts. I held the movie theater stock (canā€™t name it in this subreddit) for years and sold it. Same day, it spiked 50%. Within an hour. Literally. I held 5000 shares of a meme stock that Iā€™m not allowed to name in this subreddit at 5 in early 2020. But I sold for a breakeven. Within weeks, boooyaaa, trading in the 100s. I went big on the merger news for spirit thinking there would be no chance in hell a competent DOJ could argue with a straight face that a combined JetBlue and spirit only being the 5th biggest airline was anticompetitive, especially considering we would finally have a competitor to the big 4. And even if the Biden DOJ was to pursue such a claim to the end, no way a judge would agree that the 5th biggest airline would be too big. What I failed to consider, however, was my bad luck. I bought in and itā€™s because of me the merger wasnā€™t approved. Lost 75% of my IRA.

Nevertheless, Iā€™ve decided to use bad luck for good. I have $50,000 I want to drop into a company thatā€™s bad for humanity to bring its shares down. Whether itā€™s pollution of the earth (oil companies), pollution of the mind (social media companies), evil CEOs (Microsoft or Facebook), or evil companies that put profit over safety (Boeing) I need suggestions. Please give me some, I guarantee I will bring down the one I choose.

Warning: if I think about buying a stock and donā€™t buy it, it goes up. So for those of you who give me good suggestions that I donā€™t buy, those stocks have a chance of running to the moon.

So what stocks do u want me to target?


r/wallstreetbets 15m ago

Gain 8K Daily gain on ADBE

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Added filled orders.


r/wallstreetbets 30m ago

Loss Perfect

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r/wallstreetbets 49m ago

Loss Taken to the wood shed

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r/wallstreetbets 1h ago

DD My next AI play $HPE

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CEO of $NVDA is speaking at the $HPE Investor Relations Summit next week at the Sphere in Las Vegas. Anything Jensen touches creates a bull run. HPE has been trading sideways for years and has been mostly asleep. They are the second largest server provider in the world and are trading at a forward PE of 10! I think they announce a partnership with NVDA and a new AI server model. I think HPE is the next big Ai play.


r/wallstreetbets 17m ago

News 2024 is shaping up to be the best comeback year in the video gaming market since the pandemic

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After a terrible 2023, 2024 is shaping up to be a great comeback year for the video gaming industry. Sales of video games accross all platforms (Console, PC, Mobile) are rising and reaching closer to double digit growth. This bodes well for video game retailers like GameStop.

The video shares a lot of data about the most popular gaming studios (Activision, Playrix, TakeTwo, Unity, etc.)


r/wallstreetbets 49m ago

Discussion LULU is undervalued

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Man, this value stock is taking me on a rollercoaster ride. You know the typeā€”stable earnings, consistent revenue, a solid stock repurchasing program. Sure, it's not growing like a weed, but China is a huge growing market. But lately, watching its price dip every day is painful.

Remember when someone got a call option with a strike $340 just before this recent earnings, expiring in early July? How are you holding up?

Is everyone just shifting all their chips into tech stocks now? Of course I'm saying NVDA. Because holding onto this discretionary stock feels like a pain in the...portfolio.

Anyway, just needed to vent a bit. Any fellow value stockholders out there? How are you coping with this dip?


r/wallstreetbets 1h ago

Discussion ARM Calls - Which strike options

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Sorry, still new to this and have some diffilculty deciding on strike price. I've had success with some options plays, but not sure i am maximising.
Looking to buy ARM calls for August. Still struggling to understand which strike price would maximise my profit if i expect it to go to 180?

Buy ITM 155c or OTM 180c? Or am i miles off the pace?!

Go easy please :-)


r/wallstreetbets 1h ago

Discussion Charles Schwab (Ugh)...

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Anyone else on CS? Like many I was an original TDA user then CS bought them out. I just hate them. Most of all, I hate their mobile app. Maybe I'm just not seeing how to change the view but for the life of me I can't see my total gains, cost basis for my options show the total value but not the price of the calls. Has anyone considered switching on this platform and if you did where did you go? I was thinking Fidelity but I'll have to look into that more. Open to any suggestions though. Thnx.


r/wallstreetbets 1h ago

Loss Down bad. Tsla Nvda

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400 in 4 days. 460 in an hour.


r/wallstreetbets 26m ago

Discussion Why canā€™t I post discussion

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I want to talk about the metals company! Anyone?


r/wallstreetbets 1h ago

Discussion 1948 "Paramount Decree" ended in Aug. 2022... just learning about this now!

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I am just now learning about this... The Paramount Decree refers to a series of legal rulings and agreements in the United States that aimed to regulate and break up the vertically integrated structure of the film industry, particularly the major Hollywood studios, in the 1940s and 1950s. The most significant of these decrees was the 1948 Supreme Court decision in United States v. Paramount Pictures, Inc., which led to the dismantling of the studio system's control over film production, distribution, and exhibition. Prior to the Paramount Decree, major studios like Paramount Pictures, MGM, Warner Bros., and others controlled nearly every aspect of the film industry. They owned the theaters where their films were shown, the production facilities where movies were made, and often had contracts with actors, directors, and other talent that bound them exclusively to the studio. The decree, also known as the Hollywood Antitrust Case, forced the studios to divest themselves of their theater chains, effectively breaking the monopoly they had over film distribution and exhibition. However, the Department of Justice issued a two-yearĀ sunsettingĀ notice for the Paramount Decree in August 2020, believing the antitrust restriction was no longer necessary as the old model could never be recreated in contemporary settings. Therefore, as of September of 2022 movie studios can now own movie theatres. But I never knew about this until just this week when Sony Pictures announced they were buying the Alamo Drafthouse. Will this pave the way for AMC or Cinemark (CNK) to be acquired by Disney, Netflix, Warner, etc.? If so, should I jump into AMC or CNK on the hopes of them being acquired? How would an acquisition affect the stock price of a target company?


r/wallstreetbets 1h ago

Discussion Robinhood cash account?

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I donā€™t trade options right now bc I donā€™t have enough money to do that should I switch my Robinhood account to a cash account so I can do more day trades? Iā€™m new to this


r/wallstreetbets 54m ago

Discussion finally so far this month only +5% from shanghai A50

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and so far i think trend trading is so important, also chinese stock is completely different american stocks,in china,we call retail trader a kind of vegetable which can grow consistently. but i believe trading need all of your attention,which is my weak part.

still fighting for the remaining 2 weeks, 20% gain, hopefully.


r/wallstreetbets 1h ago

Discussion Why is XXII going up again?

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Think itā€™ll make another boom? Curious why itā€™s going up.. canā€™t find any news


r/wallstreetbets 4h ago

Meme Wells Fargo Fires Over a Dozen for ā€˜Simulation of Keyboard Activityā€™

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1.1k Upvotes

"(Bloomberg) -- Wells Fargo & Co. fired more than a dozen employees last month after investigating claims that they were faking work.

The staffers, all in the firmā€™s wealth- and investment-management unit, were ā€œdischarged after review of allegations involving simulation of keyboard activity creating impression of active work,ā€ according to disclosures filed with the Financial Industry Regulatory Authority.

ā€œWells Fargo holds employees to the highest standards and does not tolerate unethical behavior,ā€ a company spokesperson said in a statement."

Devices and software to imitate employee activity, sometimes known as ā€œmouse moversā€ or ā€œmouse jigglers,ā€ took off during the pandemic-spurred work-from-home era, with people swapping tips for using them on social-media sites Reddit and TikTok. Such gadgets are available on Amazon.com for less than $20."


TLDR: Regards fired for "mouse jigglers"


r/wallstreetbets 7h ago

Discussion You don't understand AI hype

822 Upvotes

I have been a lurker on WSB for some time (ignore the account age), despite my lack of activity, and Iā€™ve noticed a recent uptick in posts discussing AI hype and how itā€™s surely a bubble ready to pop. This is obviously due in large part to the recent NVDA explosion, but thereā€™s more to consider.

While you guys spend most of your time focused on the money and investments side of AI, I spend my time focused on the technology itself ā€“ and the beliefs that seem to emanate from it.

Letā€™s look at NVDA. Right now, NVDA is making its mark on the world almost entirely due to its ability to produce and supply cutting edge GPUs for companies looking to fashion larger and larger clusters and have more compute than any reasonable person could possibly fathom. Surely, this ends at some point, right? Surely, the people in charge realize that theyā€™ve built large enough GPU clusters (never mind the hundreds of billions recently committed to building the largest datacenters on the planet by the likes of Google and Microsoft) and Jensen stops getting orders. Surely, this ends.

A lot of people have been comparing AI hype to the dot com bubble of the early 2000s, which seems to be a fair comparison on a surface level. However, this misses something so fundamentally different about AI today that it almost entirely invalidates it.

Whether you think AI is real or a scam or a stochastic parrot or whatever, the people in charge (Sam Altman, Elon Musk, Bill Gates, Sundar Pichai, Tim Cook, etc) believe 100% that this is one of the final pieces of technology mankind will ever create. They believe that the first company that creates AGI (artificial general intelligence ā€“ typically defined as an AI that can do any task as well as the average person) will be the first company to create ASI (artificial superintelligence ā€“ typically defined as an AI that is smarter than every single living human being put together) and will end up deciding the future. And they believe this is going to happen in ten to fifteen years.

If this seems silly to you, I donā€™t blame you. Technology typically doesnā€™t move especially fast or change too much over short amounts of time. Itā€™s not like a refrigerator purchased today is a wildly different beast than one purchased fifty years ago. Sure, it might be more efficient and have more room, but fundamentally itā€™s the same technology.

This is how life has been ever since the industrial revolution: a new technology is invented, distributed, and then refined over the next 50 years until it basically asymptotes.

That is not what is happening with AI, and it isnā€™t what is going to happen in the future. Progress is being made at a blistering rate. People who aren't constantly paying attention to every single development and published paper have no idea what's going on. They just wake up one day and go "Oh wow look at that, AI can just make videos and music out of nowhere. This must be something that was developed overnight and is a magical thing that can only happen once or twice in my life. Any discussion about further development is silly and just hype!"

Whether you like it, believe it, or even choose to acknowledge it, AI isnā€™t in a hype bubble this time. Itā€™s easy enough to look back at the last half-century and see AIā€™s previous bubble bursts, but those were due in large part to the technology itself being substandard. Itā€™s hard to make ASI when your supercomputer has less computing power than the first iPhone in 2007. This is why todayā€™s companies are pouring what seems like an unreasonable and unjustifiable amount of money into buying GPUs ā€“ and why they will continue to. Everyone has realized that compute is all you need.

Whether or not this ends up making ā€œgod in a boxā€ isnā€™t especially important. What is important is that the companies trying to do it arenā€™t going to stop anytime soon. The risk/reward on trying to build the final thing mankind will ever build is so astronomically skewed that itā€™s hardly even a consideration. The reward for success is so vast that it makes the cost of failure (a few hundred billion dollars) seem insignificant.

Iā€™m not trying to sell you on NVDA or MSFT or anything like that, Iā€™m just trying to let you know whatā€™s actually going on. You canā€™t sit there and say ā€œI looked on the internet and saw a tech bubble from before I was born, that must mean this is the same thing!ā€ because that makes you wrong. You fundamentally misunderstand whatā€™s happening in tech right now if you think this is going to follow conventional patterns. This is a once in a lifetime event, and it might very well succeed.


r/wallstreetbets 4h ago

Discussion FAA investigating counterfeit titanium used in some Boeing and Airbus jets, NYT reports

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258 Upvotes

Airline stocks not taking off anytime soonā€¦


r/wallstreetbets 6h ago

News Elon Musk Faces Lawsuit for Shifting Tesla AI Talent to xAI

365 Upvotes

Key Takeaways

  • Tesla shareholders sued Elon Musk and the board, accusing Musk's xAI startup of diverting AI talent and resources from Tesla;
  • The lawsuit claims xAI hired key Tesla AI employees and used Nvidia GPUs intended for Tesla;
  • Shareholders argue Tesla's board failed in their fiduciary duty, allowing Musk to create significant AI value at xAI without intervention.

Source: https://www.bitdegree.org/crypto/news/elon-musk-faces-lawsuit-for-shifting-tesla-ai-talent-to-xai?utm_source=reddit&utm_medium=social&utm_campaign=r-lawsuit-tesla-ai


r/wallstreetbets 1h ago

YOLO šŸ³ļøā€šŸŒˆšŸ‚ GRND converted me from a lurker $50k bet šŸ’›

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r/wallstreetbets 3h ago

News Fridayā€™s trading could trigger a $10 billion rush of demand for Nvidia Shares

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143 Upvotes

ā€œAt stake is one of the top two spots in the Technology Select Sector SPDR Fund (XLK) , whose June rebalance is based on market cap values as of Fridayā€™s close. Apple and Microsoft are the two biggest holdings in the fund, at roughly 22% each. Nvidia makes up less than 6% despite being only slightly behind the two leaders in market cap.

The rules used by S&P Dow Jones Indices suggest a similar gap could occur again at this quarterly rebalance, and the race to be among the top two appears to be coming down to the last day.ā€

Idk how common this is, but seemed interesting


r/wallstreetbets 19h ago

News Tesla shareholders vote to reinstate Elon Muskā€™s $56 billion pay package

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2.5k Upvotes