NEWS
Everything To Know About Nvidia Day

We’ve got a special edition of The Daily Rip covering the one event we’ve all been waiting for from a social, technical, and fundamental perspective. Respectfully, the rest of the market can wait. 🤣

Today's issue covers why Nvidia is such a big deal, the technical setup heading into earnings, and the key fundamental questions people are asking ahead of the results. 📰

Here’s the S&P 500 heatmap. 7 of 11 sectors closed green, with technology (+0.61%) leading and energy (-0.93%) lagging.

And here are the closing prices: 

Most bullish/bearish symbols on Stocktwits at the close: 📈 $VOXX, $SMTC, $TCOM, $S, $ENSC 📉 $PVH, $SMCI, $AMWD, $APLD, $HSY*

*If you’re a business and want to access this data via our API, email us.

SOCIAL MOMENTUM
Why Nvidia Is Such A Big Deal…🧐

Just how important is Nvidia to our Stocktwits community? We'll show you with some eye-popping Stocktwits stats:

• $NVDA is the most-visited single-stock symbol page on Stocktwits in 2024.

• $NVDA is among the "5 most active" symbols for every month in 2024.

• $NVDA is the most active single-stock symbol by message volume in 2024.

• $NVDA is the fifth-most followed single-stock on Stocktwits at 530,000, experiencing 20% YoY growth.

On top of that, here are some market stats to show its importance:

• It’s one of three companies to reach a $3 trillion market value (but the fastest to go from $1 to $3 trillion).

• It kicked off the artificial intelligence (AI) surge in mid-2023 after forecasting (and delivering) over 100% QoQ revenue growth.

• It accounts for 8.13% of the Nasdaq 100’s weighting and 6.58% of the S&P 500’s weighting, partially driving the market.

Not to mention, the Google Trends page for “Nvidia stock” has quite the arc over the past five years as everyone from Wall Street to Main Street was captivated by its performance. 🚀

To sum it up, retail investors and traders care A LOT about Nvidia because of its importance to the market and their portfolios. As a result, it's only right we roll out the red carpet for the earnings event of the summer…. 📸

HAPPENING ON STOCKTWITS
Tomorrow’s Programming Schedule: An AMA With Me Is Just The Start…🥳

We’ve got a jam-packed agenda for Nvidia day that you don’t want to miss out on. Below is an overview, but you can find the full rundown here.

• A live Trends With Friends featuring special guest Chris Camillo from “Dumb Money.” Submit your questions and join us at 11 am ET.

• A live Q&A with yours truly, at 1 pm ET. Drop your questions here.

• A limited edition merch giveaway. Submit your $NVDA price prediction by 11:59 pm ET Tuesday night to qualify!

• $NVDA’s live earnings call kickoff right on Stocktwits at 5 pm ET.

It will be an absolute blast of a day, so make sure you join us and the rest of the Stocktwits community then! 👍