statis IN Watchlist

Nifty 50

Nifty Bank

Reliance Industries Ltd.

Zomato Ltd.

Tata Consultancy Services

Tata Motors Ltd.

HDFC Bank Ltd.

ITC Ltd.

Bitcoin

Adani Enterprises Ltd

Axis Bank Ltd

Bajaj Finance Ltd

statis US Watchlist

SPDR S&P 500 ETF

Invesco QQQ Trust Series 1

Apple Inc.

Tesla Inc

Microsoft Corporation

NVIDIA Corp

 Hey, I want to invite you to join Stocktwits. It’s the largest global community of active traders. You’ll get access to the real-time market insights, news, discussion and much more! You can sign up using my unique link below 
 


 has invited you to join Stocktwits

Stocktwits was abuzz with chatter about Top Wealth Group (TWG) stock that spiked 200% on Friday after the caviar company priced its share offering.The firm announced the pricing of its public offering of 27 million ordinary shares at a price of $0.4 apiece. The company said gross proceeds, before deducting placement agent fees and other offering expenses, are expected to be approximately $10.8 million.Following the announcement, shares of the firm spiked nearly 300% intraday to breach the $8 mark, despite the pricing of the issue being way below its trending price last week. Although the exact reason for the spike is unclear, it is believed that speculation about the fund-raise putting the company in a better position to execute its business vision has attracted investors and traders to the stock.According to Stocktwits data, the number of new watchers on the company rose more than 30 times the average of the last 30 days.Stocktwits users are actively posting about the stock, with message volumes set to breach 1,000, soaring from a handful of posts daily to several hundred as of midday Friday. The stock’s page views are also nearly 40 times above their 30-day average.<stembedurl>https://stocktwits.com/Mclaren84/message/588717337</stembedurl><stembedurl>https://stocktwits.com/Pickwizard/message/588713210</stembedurl>Hong Kong-based TWG provides caviar and caviar-based gourmet products that are sold under the brand Imperial Cristal Caviar.TWG stock has risen over 250% in the last five sessions.&nbsp;&nbsp;

Caviar Maker TWG’s Stock Soars As Company Prices Share Offering: Retail Chatter Jumps

Caviar-maker-TWG’s-stock-soars-as-company-prices-share-offering 

Equity

Stocktwits users are actively posting about the stock, with today’s message volumes on track to surge above 1,000, a 50x increase from the 30-day average.


Shares of sales enablement firm Verb Technology Company (VERB) soared over 77% on Friday after CEO Rory J. Cutaia explained in a letter to shareholders why he thinks VERB stock should trade above $22 apiece versus its current price of just above $9.Cutaia <a target="_blank" rel="noopener noreferrer nofollow" href="https://ir.verb.tech/sec-filings/all-sec-filings/content/0001493152-24-040836/0001493152-24-040836.pdf">highlighted</a> the firm had cash in the bank worth about $17.2 million and a “ridiculously small, low interest (3.75%), low payment, 30-year term SBA loan of approximately $125,000.”“…this means if we traded at nothing more than our net cash value, the stock should be trading at more than $22 per share,” he asserted.The CEO also projected that third quarter results will be exceedingly better than the second quarter results as the firm’s business units are now hitting their stride. Cutaia further predicted that the fourth quarter will greatly exceed third-quarter results.The projections come at a time when the firm has restructured and realigned its business. It sold an unprofitable business unit that was operating in a challenging business sector and, since then, has restructured VERB as a holding company with three distinct business units. The firm is yet to announce one of these businesses.“Each is managed by a separate management team, incentivized for success, and all three are currently generating revenue and are growing and growing at a rate that far outpaces the rate of revenue growth we have ever experienced,” the CEO said.He further asserted that there’s no hedge fund that holds cheap VERB shares they plan to short against warrants that they picked up for little or no consideration through a bad financing deal.Last week, the firm’s stockholders voted to authorize the board of directors to institute a 1-for-200 reverse stock split of its common stock shares. Cutaia said the firm did everything possible to avoid the reverse split but, in the end, had to place options before the shareholders. Notably, the majority of the shareholders voted in favor of a reverse stock split in order to stay listed on Nasdaq.“As and when we see the stock trading in the range we believe it should – I will absolutely advocate for, and petition our Board to consider a FORWARD stock split,” he asserted.Following the development, retail chatter surrounding the stock spiked, with total message volumes on track to reach 10x their monthly average on Friday.Stocktwits users with a bullish outlook believe the stock presents a good buying opportunity at current levels.<stembedurl>https://stocktwits.com/2outted/message/588716598</stembedurl><stembedurl>https://stocktwits.com/Redbirds21/message/588716560</stembedurl>Also See: <a href="https://stocktwits.com/news-articles/markets/equity/blackrock-stock-rises-after-firm-reports-record-inflows-and-aum/cJcVIP5R44">BlackRock Stock Rises After Firm Reports Record Inflows And AUM: Retail’s Exuberant</a>For updates and corrections email newsroom@stocktwits.com

The CEO also projected the third quarter results will be exceedingly better than the second quarter results | Representative image via Pexels

VERB Stock Skyrockets On Friday After CEO Explains Why He Thinks It Should Trade Over $22 Apiece: Retail Chatter Spikes

CEO Rory J. Cutaia highlighted the firm had cash in the bank worth about $17.2 million and a “ridiculously small, low interest (3.75%), low payment, 30-year term SBA loan of approximately $125,000.”

Shares of Advanced Micro Devices Inc (AMD) rose nearly 3% on Friday after the company unveiled a full line of new artificial intelligence (AI) chips — including the Instinct MI325X designed to compete against&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/nvda-stock-rises-after-ceo-touts-insane-demand/cJcdq3TR3z">Nvidia Corp’s (NVDA) upcoming Blackwell chips</a>— at its AI event late Thursday.While the modest stock movement reflects investor caution, Wall Street remains optimistic. Piper Sandler raised the firm’s price target to $200 from $175, maintaining an&nbsp;‘Overweight’ rating. In its research note, the financial analyst said it is “enthused” about the company’s potential, particularly around its data center and new AI chip. It feels that AMD will have a “significant share in this market.”Similarly, Roth KM maintained its&nbsp;‘Buy’ rating with a price target of $200, calling AMD an “opportunity in a broadly coordinated AI infrastructure push.”However, Citi has adopted a more cautious tone. While maintaining a&nbsp;‘Buy’&nbsp;rating on the stock with a price target of $210, it described AMD’s AI event as a ‘mixed bag’ of news. The&nbsp;firm believes that despite the advantages of AMD’s MI325X chip, Nvidia will continue to dominate, retaining 90% of the AI GPU market.<figure class="image"><a href="https://stocktwits.com/symbol/AMD"><img style="aspect-ratio:644/147;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2024_10_11_233947_858b096bc6.png" alt="Screenshot 2024-10-11 233947.png" width="644" height="147"></a><figcaption>AMD's sentiment meter as of 2:10 p.m. ET on Oct. 11, 2024 | Image: Stocktwits</figcaption></figure>Retail sentiment on Stocktwits entered ‘extremely bullish’ (77/100) territory from ‘bullish’ a day ago&nbsp;with message volumes&nbsp;remaining ‘extremely high’ (81/100). Investors on the platform are looking to ‘buy the dip’ ahead of AMD’s third-quarter earnings results on Oct. 29.<stembedurl>https://stocktwits.com/Cousin_Vinny/message/588709564</stembedurl>Wall Street estimates that AMD will announce earnings per share (EPS) of $0.92. Investors are hoping the company will continue its streak of beating analyst estimates from the previous two quarters.<figure class="image"><a href="https://stocktwits.com/symbol/NVDA"><img style="aspect-ratio:647/147;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2024_10_11_234015_c3497b2128.png" alt="Screenshot 2024-10-11 234015.png" width="647" height="147"></a><figcaption>Nvidia's sentiment meter as of 2:10 p.m. ET on Oct. 11, 2024 | Image: Stocktwits</figcaption></figure>Despite AMD’s bold announcement, Nvidia’s share price saw little movement today. However, retail sentiment on Stocktwits remains bullish, with minimal chatter suggesting that investors are largely unfazed by AMD’s new chip.&nbsp;AMD’s share price has gained nearly 22% on a year-to-date basis while Nvidia stock has returned over 180% during the period.For updates and corrections email newsroom@stocktwits.com.Read more:<a href="https://stocktwits.com/news-articles/markets/equity/tsla-stock-falls-after-robotaxi-event-underwhelms/cJcVcLcR4T">&nbsp;</a><a href="https://stocktwits.com/news-articles/markets/equity/uber-lyft-stocks-rally-amid-strong-retail-sentiment-as-tesla-robotaxi-announcement-disappoints/cJcVIT2R4E">Uber, Lyft Stocks Rally as Tesla’s Robotaxi Announcement Falls Flat: Retail Turns ‘Extremely Bullish’</a>

AMD Shares Surge After Bid to Take on NVIDIA

AMD’s Stock Jumps After Taking Aim at NVIDIA: Wall Street and Retail Investors Join The Cheer

Piper Sandler, Roth KM, and Citi remain bullish on AMD stock, maintaining their ‘Buy’ ratings.

Latest News