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Invesco QQQ Trust Series 1

SSgA Active Trust - State Street SPDR S&P 500 ETF Trust

SPY is seeing a significant intraday rebound, fueled by former President Trump's comments hinting that the Iran conflict "could be over soon," which has triggered a sharp reversal in oil prices and spurred community debate about market manipulation and a massive short squeeze.

Invesco QQQ Trust Series 1 - Invesco QQQ Trust Series 1

QQQ is seeing a dramatic intraday reversal, surging from early lows following remarks suggesting a rapid de-escalation of the Iran conflict and a corresponding drop in oil prices. While bulls celebrate the resilience and a "V reversal," many in the community are questioning if this is a manipulated short-squeeze, with broad skepticism about the market's defiance of ongoing geopolitical and economic concerns.

United States Oil Fund LP - United States Oil Fund

United States Oil Fund

United States Oil Fund (USO) is trending with extreme volatility as escalating Middle East tensions and threats to global oil supply from the Strait of Hormuz have driven a sharp price surge. However, community sentiment is now divided between those anticipating sustained higher prices and those expecting a rapid pullback following G7 discussions and actions concerning the release of strategic oil reserves.

Hims & Hers Health, Inc. operates a telehealth consultation platform. It connects consumers to healthcare professionals, enabling them to access medical care for mental health, sexual health, dermatology and primary care. The company was founded in 2017 and is headquartered in San Francisco, CA.

Hims & Hers Health Inc - Ordinary Shares - Class A

Hims & Hers Health Inc

Hims & Hers is trending sharply higher after reaching a transformative deal with Novo Nordisk to distribute its branded weight-loss drugs, effectively resolving a patent lawsuit and eliminating a major regulatory overhang. This news is igniting widespread community speculation about a significant short squeeze, with many anticipating a continued upward trajectory for the digital health platform.

Archer Aviation, Inc. engages in the development of electric vertical take-off and landing (eVTOL) aircraft. The company was founded by Brett Adcock and Adam Goldstein on October 16, 2018, and is headquartered in San Jose, CA.

Archer Aviation Inc - Ordinary Shares - Class A

Archer Aviation Inc

Archer Aviation is trending as its partners were selected for a pivotal White House eVTOL Integration Pilot Program, driving community discussion around this major step toward air taxi commercialization and its recent achievement of 100% FAA Means of Compliance for its Midnight aircraft.

TMC the metals co., Inc. is a deep-sea minerals exploration company focused on the collection and processing of polymetallic nodules found on the seafloor in international waters of the Clarion Clipperton Zone in the Pacific Ocean (CCZ). These nodules contain high grades of four metals (nickel, copper, cobalt, manganese) which can be used as (i) feedstock for battery cathode precursors (nickel, cobalt and manganese sulfates, or intermediate nickel-copper-cobalt matte) for electric vehicles (EV) and renewable energy storage markets, (ii) copper cathode for EV wiring, energy transmission and other applications and (iii) manganese silicate for manganese alloy production required for steel production. The company was founded in 2021 and is headquartered in Vancouver, Canada.

TMC the metals company Inc

TMC is gaining attention following NOAA's determination that its deep-sea mining application is in "substantial compliance," a pivotal regulatory step that the community largely interprets as de-risking the project and accelerating pathways to commercial permits. This comes as global geopolitical factors underscore an urgent need for independent critical mineral supply chains, driving conviction among investors about TMC's long-term potential.

Tesla, Inc. engages in the design, development, manufacture, and sale of electric vehicles and energy generation and storage systems. It operates through the Automotive and Energy Generation and Storage segments. The Automotive segment includes the design, development, manufacture, sale, and lease of electric vehicles as well as sales of automotive regulatory credits. The Energy Generation and Storage segment is involved in the design, manufacture, installation, sale, and lease of solar energy generation, energy storage products, and related services and sales of solar energy systems incentives. The company was founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning on July 1, 2003 and is headquartered in Austin, TX.

Tesla Inc

Tesla is a major talking point as geopolitical tensions are pushing oil prices higher, leading to community debate over a potential surge in EV demand. This comes as the market awaits a crucial NHTSA report on Robotaxi safety, while also digesting news of high-profile executive departures, contributing to polarized investor sentiment.

🔥 COCK Token – The Ultimate Cross-Chain MemeFi Powerhouse 🔥  In just under 20 days, $COCK has smashed expectations, broken ATHs, and built a project that’s shaking up Cardano and the entire crypto space. 🐓 What Makes $COCK Special?      The Name: Love it or hate it, the energy and engagement it generates are undeniable. The nuance in language and wild appeal set us apart.     #MEMEFI Pioneer: We’re not just another meme coin. $COCK is leading a movement by combining DeFi mechanics, game theory, and community engagement into a groundbreaking ecosystem.     COCKARENA: At the core of our ecosystem is the COCKARENA, a PvP HODL game. Players battle it out, and early exit fees fuel redistributions, burns, and the treasury. This ensures price appreciation and long-term sustainability for loyal holders.  🎰 The COCK Casino  Our casino isn’t just fun—it’s a serious revenue stream for the FLOCK.      Games: Bonanza, Crash, Blackjack, and Roulette (coming soon!).     Impact: Over 7,834 ADA in profits generated within days, directly supporting rewards, burns, and reinvestment.  💰 COCK-ARENA Loans  Unlock liquidity without selling your tokens.      Loan Terms: Borrow up to 30% of your holdings while continuing to earn rewards in the arena.     Investor Focus: Perfect for savvy investors staying in the game while tapping into their holdings.  🤝 Our Insane Partnerships  We’re bridging gaps, building alliances, and breaking barriers across the crypto space. Key Partners:      DANZO: Powering #MEMEFI with Arena, Casino, and Loans.     KLENEK: Interactive training room.     HSKN (Charles Hoskilien): Supporting and starting COCKPIN with 115 AIR NODES for DePIN aggregation. Plans to add APEX and Earth Nodes through a crypto company incorporated in Costa Rica.     ELITE CATS / SNEKKIES / HOT / BANK: Rewarding NFT holders with COCK-LOCK tokens and vice versa.     OCKZ: COCKSOCKS, Golden Cock Ticket (1M COCK), airdrop rewards, and whitelist perks for holders of 200 ADA worth of $COCK.     OLI Partnership:         Content Creation: Lux and the team are crafting engaging educational content about memes and MemeFi for OLi's platform.         Strategic Investment: The OLi Community Trust will invest in $COCK, distributing 100% of rewards to $OLI holders.         Community Reach: Over 22,000 learners will discover $COCK through OLi's gamified ecosystem.     Hi-Rez the Rapper: Expanding reach in marketing and entertainment.     KUNO, CALEB, CADEN, FITY, ROVER, WhaleInsider: Influential collaborators driving crypto adoption and growth.     Cardano Girls: Helping us understand and communicate effectively with ADA’s female audience.     WallStreetBets: Breaking barriers and increasing engagement.     Antonio Brown: Endorsing, supporting, and even playing in the casino and arena!     Advisors:         BERIS, HECKTHESNEK, RTB, CRYPTOGENIUS: Trusted names advising and supporting the project.  Future Partnerships:  More collaborations are in the pipeline to continue expanding engagement and bring new eyes to ADA and CNTs. 🔥 Unmatched Results in Just 20 Days      Supply Burned: 1.65%, worth 148K ADA!     Arena Fees Collected: 54M COCK, worth over 500K ADA, fueling rewards, burns, and partnerships.     Staked COCK-LOCK: 11M COCK-LOCK in the liquid staking platform, with more coming.     Casino Revenue: Skyrocketing profits directly rewarding holders and growing the treasury.     Top Blast Contests: Generated over 120K ADA in volume, rewarding participants with over 50K ADA in prizes.  🌍 Our Vision  To be the most decentralized, rewarding, and innovative token on Cardano while fostering cross-chain collaboration and onboarding the masses.      Breaking Barriers: We’re bringing BTC, ETH, SOL, and other chains into the fold.     Community-Driven: Focused on building bridges and showcasing that crypto can be fun, rewarding, and sustainable.     Expansion: This is just the beginning. With more burns, rewards, and partnerships on the way, $COCK is set to redefine what’s possible in the MemeFi space.  💎 Time in the arena &gt; Timing the market. The FLOCK is unstoppable. Let’s keep breaking walls for Cardano and onboard new users as we take $COCK to new heights.

CockCardano

COCK CRYPTO is trending as its community buzzes about the unique real-world asset (RWA) integration via Cocky Wings LLC, fueling token buybacks and passive income opportunities through its Cardano-based staking arena.

Volatility Shares Trust - 2x Long VIX Futures ETF

Volatility Shares 2x Long VIX Futures ETF

UVIX is trending amid escalating Middle East tensions and surging oil prices, sparking intense community debate on potential market volatility and a broader correction, as traders utilize this leveraged ETF to hedge or speculate on rising fear.

ProShares Trust - ProShares UltraShort Bloomberg Crude Oil -2x Shares

ProShares UltraShort Bloomberg Crude Oil

SCO, a 2x inverse crude oil ETF, is trending as investors aggressively trade its volatility, betting that recent oil spikes driven by Middle East geopolitical tensions and Strait of Hormuz concerns are unsustainable. The community is actively discussing quick profit opportunities and the eventual return of crude prices to lower levels, even while noting the ETF's sometimes erratic tracking.

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<ul class="summary-bullets"><li>The partnership is expected to help enable new fintech applications move funds instantly on Solana, hold value in digital dollars, and connect to Western Union's payout options where available.</li><li>Western Union's Digital Asset Network is designed to link stablecoins to real-world cash access.</li><li>The company last month reported that its fourth-quarter revenue of $1.0 billion decreased 5% yoy.&nbsp;</li></ul>Crossmint on Wednesday said that it is partnering with Western Union to support the rollout of U.S. Dollar Payment Token (USDPT) on Solana, and the company's newly announced Digital Asset Network.USDPT is Western Union's (WU) new U.S. dollar-denominated stablecoin. Shares of WU were up 1.3% at the time of writing.&nbsp;Western Union's Digital Asset Network is designed to link stablecoins to real-world cash, allowing users to convert digital dollars into local currency through more than 360,000 collection points worldwide.Crossmint is&nbsp;an enterprise-grade, all-in-one stablecoin and wallet infrastructure enabling fintechs and enterprises to integrate crypto rails and smart wallets with speed, compliance, and scale.&nbsp;<h2 class="st-heading-2">Partnership Details</h2>As part of the partnership, Crossmint plans to integrate with Western Union's Digital Asset Network and support access to USDPT within its existing wallet and payment application programming interfaces (API)s.The partnership is expected to help enable new fintech applications move funds instantly on Solana, hold value in digital dollars, and connect to Western Union's payout options where available."Western Union's Digital Asset Network is designed to link digital value with our global cash and payout ecosystem," said Malcolm Clarke, Western Union's Vice President of Digital Assets. "Working with partners like Crossmint helps to seamlessly connect global wallets and digital platforms to Western Union's trusted payment infrastructure.<h2 class="st-heading-2">Recent Earnings</h2>Western Union reported its fourth-quarter&nbsp;earnings last month, clocking revenue of $1 billion,&nbsp;down 5% on both a reported and an adjusted basis. The change in revenue was largely driven by growth in&nbsp;its Consumer Services and Branded Digital businesses, offset by a slowdown in the Americas retail business.The company said that in the fourth quarter, adjusted earnings per share increased to $0.45 from $0.40 in the prior year period as it benefited from higher adjusted operating profit and fewer shares outstanding.<h2 class="st-heading-2">How Did Stocktwits Users React?</h2>Retail sentiment around WU&nbsp;stock trended in&nbsp;the ‘bearish’ territory amid ‘low’ message volume.&nbsp;Shares in the company have risen 3.7% year-to-date.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.&nbsp;

Western Union logo is seen at the Warszawa Centralna railway station in Warsaw, Poland on August 16, 2024.

Western Union Stock Climbs After Crossmint Joins Co. On Stablecoin Rollout

As part of the partnership, Crossmint plans to integrate with Western Union's Digital Asset Network and support access to USDPT within its existing wallet and payment APIs.

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In this photo illustration,Sabre Corporation logo of a travel technology company is seen on a smartphone and a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)

SABR Stock Surges Nearly 32%, Hits 100-DMA For First Time In Nearly 9 Months – What’s The Connection With Constellation Software?

The company announced that its board adopted a limited-duration shareholder rights plan following Constellation Software's substantial increase in its stake in the company.

Should iShares S&P Small-Cap 600 Value ETF (IJS) Be on Your Investing Radar?

The broader market ended slightly lower on Thursday, unable to sustain its recovery from Wednesday's slump triggered by the Federal Reserve's December rate-setting meeting. Defensive sectors such as real estate, healthcare, consumer staples, and material and energy stocks served as drags.&nbsp;On a positive note, the Dow Industrials snapped a 10-session losing streak thanks to stock-specific strength.Amid Thursday’s lackluster market performance, the following technology and communication services stocks saw the loudest retail chatter:Angi, Inc. ($ANGI)Denver, Colorado-based Angi, which connects home service professionals with consumers, saw its stock rally by 3.66% on Thursday despite a lack of news. The stock rally set the retail crowd chatting, sending message volume up by 1,500%.On Stocktwits, sentiment toward the stock stayed ‘extremely bullish’ (97/100), with message volume also at ‘extremely high’ levels.&nbsp;<figure class="image"><img style="aspect-ratio:642/141;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/angi_sentiment_1b5675d3c5.png" alt="angi-sentiment.png" width="642" height="141"><figcaption>ANGI sentiment and message volume December 20, 2024, as of 12:02 am ET | Source:&nbsp;Stocktwits</figcaption></figure>&nbsp;A watcher said the stock could be seeing a short squeeze amid insider buying; They projected it as a “breakout candidate” have the potential to rise to $5-$7.<stembedurl>https://stocktwits.com/cbinvb/message/597202948</stembedurl>The stock is down about 32% this year.reAlpha Tech Corp. ($AIRE)Dublin, Ohio-based reAlpha Tech, saw its shares jump 30.36% on Thursday after the real-estate technology company that commercializes artificial intelligence (AI)-powered technologies said its board approved an investment policy for the purchase of cryptocurrencies and to adopt Bitcoin (<a class="mention" data-mention="$BTC.X" data-symbol-id="BTC.X" href="https://stocktwits.com/symbol/BTC.X" target="_blank">$BTC.X</a>), Ethereum (<a class="mention" data-mention="$ETH.X" data-symbol-id="ETH.X" href="https://stocktwits.com/symbol/ETH.X" target="_blank">$ETH.X</a>) and Solana (<a class="mention" data-mention="$SOL.X" data-symbol-id="SOL.X" href="https://stocktwits.com/symbol/SOL.X" target="_blank">$SOL.X</a>) as primary treasury assets.Cryptocurrencies have been on a tear this year, with the upward momentum accelerating after Donald Trump’s victory in the presidential election. The incoming administration has come off as crypto-friendly, driving interest in digital currencies.Retail followers of reAlpha Tech stock on the Stocktwits platform continued to chat about it amid the news, with message volume spiking 1433%.One flagged the likelihood of the stock running up to the $2 area if it breaches the $1.53 resistance.&nbsp;<stembedurl>https://stocktwits.com/PLATINUM_TRADES/message/597300689</stembedurl>The stock has experienced a year-to-date loss of about 27%.My Size, Inc. ($MYSZ)Shares of My Size, an Israeli omnichannel e-commerce platform providing AI-driven software-as-a-service (SaaS) measurement solutions for e-commerce companies, jumped 20.54% on Thursday on nearly four times the average volume. The move came despite a lack of any meaningful catalysts.A retail watcher said he would buy the stock, citing the 500,000 float and warrants trading over $4.&nbsp;<stembedurl>https://stocktwits.com/JanF01/message/597220438</stembedurl>Message volume climbed 1,400 over 24 hours on Thursday.The stock is down a whopping 75% this year.TripAdvisor, Inc. ($TRIP)Needham, Massachusetts-based TripAdvisor, a travel guidance platform, came into retail’s radar after the company struck a merger arrangement with parent Liberty TripAdvisor Holdings, Inc. (<a class="mention" data-mention="$LTRPA" data-symbol-id="LTRPA" href="https://stocktwits.com/symbol/LTRPA" target="_blank">$LTRPA</a>) (<a class="mention" data-mention="$LTRPB" data-symbol-id="LTRPB" href="https://stocktwits.com/symbol/LTRPB" target="_blank">$LTRPB</a>). The merger allows TripAdvisor to acquire Liberty TripAdvisor for about $435 million. The transaction, scheduled to close in the second half of 2025, aims to simplify TripAdvisor’s capital structure and reduce its outstanding shares.The deal terms also allow TripAdvisor to retire nearly 27 million of its common stock currently held by Liberty TripAdvisor.<figure class="image"><img style="aspect-ratio:635/138;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/trip_sentiment_5f6140b626.png" alt="trip-sentiment.png" width="635" height="138"><figcaption>TRIP sentiment and message volume December 20, 2024, as of 12:02 am ET | Source:&nbsp;Stocktwits</figcaption></figure>The 24-hour message volume on TripAdvisor stock jumped 900% on Thursday. Sentiment toward the stock stayed ‘extremely bullish’ (84/100).For the year-to-period, the stock is down over 35%.ZenaTech, Inc. ($ZENA)ZenaTech is a&nbsp;Canada-based provider of AI drone solutions and enterprise SaaS solutions. The micro-cap's shares have been highly volatile amid deal announcements and the U.S. Federal Aviation Authority’s (FCC) clearance for visual line-of-sight commercial applications and data collection in the U.S., subject to specified conditions and limitations.Since its Oct. 1 listing, the stock has lost a little over 12%On Thursday, the stock soared 28.83% before ending at $7.73 on slightly above-average volume. The upside came following the company’s announcement that its subsidiary ZenaDrone has moved into its manufacturing facility in Phoneix, Arizona, to produce U.S. Defense and NATO drones as part of efforts to produce ‘Made in America’ drones.On Stocktwits, message volume spiked by 850% over the past 24 hours.Email newsroom[at]stocktwits[dot]com for updates and corrections.Read Next:&nbsp; <a href="https://stocktwits.com/news-articles/markets/equity/3.ai-stock-falls-to-1-month-low-after-analyst-downgrades-to-sell/cJaY3nyRSL">c3.ai Stock Sinks To 1-Month Low On Analyst’s Sell Call: Retail Stays In Bearish Camp</a>

Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City as the market opened after the worst crash since 2022.

5 Technology And Communication Services Stocks With Heightened Activity On Stocktwits Thursday

On Thursday, a handful of stocks trading with notable losses for the year saw brisk activity on Stocktwits, with retail attention triggering a substantial upside. 

Shares of Wolfspeed Inc. (<a class="mention" data-mention="$WOLF" data-symbol-id="WOLF" href="https://stocktwits.com/symbol/WOLF" target="_blank">$WOLF</a>), a prominent manufacturer of silicon carbide (SiC) semiconductors used in electric vehicles (EVs), surged over 20% on Friday, reaching one-week highs after significant insider buying boosted investor sentiment.SEC filings revealed that Wolfspeed directors collectively purchased shares worth approximately $817,000 this week. The purchases included notable buys from Interim CEO Thomas Werner, Duy-Loan Le, Stacy Smith, and Darren Jackson.That has helped counteract recent concerns over management changes and weaker financial performance.&nbsp;Earlier this week, Wolfspeed announced the sudden departure of CEO Gregg Lowe, prompting the board to begin a search for a permanent replacement.&nbsp;Financial challenges have also weighed on the stock, as the company earlier this month reported fiscal first-quarter revenue that missed expectations and issued second-quarter guidance well below estimates. The company also disclosed plans to reduce its workforce by 20% in an effort to streamline its cost structure.<figure class="image"><a href="https://stocktwits.com/symbol/WOLF"><img style="aspect-ratio:1318/318;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/WOLF_sentiment_meter_on_Nov_22_60f3f52b1c.png" alt="WOLF sentiment meter on Nov 22.png" width="1318" height="318"></a><figcaption>WOLF sentiment meter on Nov 22 as of 11:45 am ET | source: Stocktwits</figcaption></figure>Retail sentiment on Stocktwits has shifted dramatically, flipping from ‘extremely bearish’ to ‘extremely bullish’ by Friday afternoon, with message volume more than doubling over the past week.&nbsp;<stembedurl>https://stocktwits.com/Spaculatte/message/593686784</stembedurl><stembedurl>https://stocktwits.com/ianvollmer/message/593688085</stembedurl>On the platform, a poll reveals that 71% of retail investors believe it is the right to buy WOLF stock as the insider stock buys are bullish, while 13% believe it’s too risky and prefer staying out instead.Adding to the renewed enthusiasm, Roth MKM analyst Craig Irwin maintained a ‘Buy’ rating with a $20 price target after hosting meetings with Wolfspeed’s management.&nbsp;Irwin highlighted the company’s strategic importance as a U.S. leader in SiC semiconductor materials and noted that increased demand for 200mm SiC wafers could act as a significant catalyst for growth.Despite Friday’s rally, Wolfspeed shares remain down over 80% for the year, reflecting challenges such as the uncertain future of EV subsidies following Donald Trump’s election victory, which has raised concerns about SiC demand.&nbsp;Last month, the company captured investor attention after <a href="https://stocktwits.com/news-articles/markets/equity/wolf-stock-surges-on-chips-and-private-financing/cJcwCKRR4Y">saying</a> it was set to receive $750 million in U.S. government grants and an additional $750 million in financing led by Apollo Global Management to support its expansion efforts.For updates and corrections email newsroom[at]stocktwits[dot]com.Read next: <a href="https://stocktwits.com/news-articles/markets/equity/estc-stock-rises-after-price-target-hikes-on-earnings-beat/cJIdG6uRg5">Elastic’s Stock Gets Flooded With Price Target Hikes After Earnings Beat: Retail Is All In</a>

Wolfspeed describes itself as “the world’s largest producer of silicon carbide technology."

Wolfspeed Stock Eyes Finishing Troubled Week Higher On Insider Buying Boost: Retail Regains Confidence  

Adding to the renewed enthusiasm, Roth MKM analyst Craig Irwin maintained a ‘Buy’ rating with a $20 price target after hosting meetings with Wolfspeed’s management.

Telehealth company Hims &amp; Hers Health Inc.’s ($HIMS) stock was up 2.4% in afternoon trading on Monday ahead of the company’s third-quarter earnings.Wall Street analysts expect Q3 earnings per share (EPS) to clock at $0.10 on revenue of $382.2 million. Wall Street is looking for signs of continuing demand for telehealth and wellness services. HIMS has beaten analyst estimates three times in the last four quarters.Retail sentiment on the stock turned ‘bullish’ (59/100) from ‘neutral’ (50/100) a week ago, while message volumes returned to the normal zone from low. &nbsp;<figure class="image"><img style="aspect-ratio:1304/306;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2024_11_05_at_12_03_32_AM_aab33ee228.png" alt="Screenshot 2024-11-05 at 12.03.32 AM.png" width="1304" height="306"><figcaption>HMS sentiment meter and message volumes on Nov 4 as of 1:35 pm ET</figcaption></figure>The company’s stock came under pressure recently after Eli Lilly posted a decline in GLP-1 revenue due to stock shortages and increasing competitive pressures, raising concerns about the sustainability of these medications that are also part of HIM’s offerings.Additionally, Hims &amp; Hers sells a compounded version of semaglutide, the active ingredient in Novo Nordisk’s Ozempic and Wegovy, as an alternative to those drugs. Should the FDA update its shortage list to exclude Novo Nordisk’s flagship drugs, Hims &amp; Hers will no longer be able to sell its version. That looming threat continues to weigh on the stock ahead of results, where investors hope management will provide additional color on the situation.In Q2, the company reported EPS of $0.06, beating estimates by nearly 43.78%. Its revenues stood at $315.65 million, 3.61% above estimates. Its subscribers in Q2 grew 43% to 1.9 million, compared to the previous year."Our second quarter results mark an acceleration in what was already an incredible trajectory. During the quarter, subscribers on our platform approached 1.9 million, increasing 43% year-over-year," Andrew Dudum, co-founder and CEO, said in a statement at the time.Some Stocktwits users were bullish on the prospects for the company’s stock.<stembedurl>https://stocktwits.com/Overstew/message/591085541</stembedurl>HIMS stock has more than doubled year-to-date.For updates and corrections, email newsroom@stocktwits.com

In Q2, the company reported EPS of $0.06, beating estimates by nearly 43.78%.| mImage source: Pixabay

Hims & Hers Stock Up Ahead of Earnings: Retail Sentiment Upbeat

Retail sentiment on the stock turned ‘bullish’ (59/100) from ‘neutral’ (50/100) a week ago, while message volumes returned to the normal zone from low. 

Shares of Wolfspeed, Inc. (<a class="mention" data-mention="$WOLF" data-symbol-id="WOLF" href="https://stocktwits.com/symbol/WOLF" target="_blank">$WOLF</a>), a leading manufacturer of chips primarily used in electric vehicles (EVs), surged over 25% on Tuesday after the company announced major funding news.Wolfspeed is set to receive $750 million in U.S. government grants and an additional $750 million in financing led by Apollo Global Management to support its expansion efforts.“Together these investments support Wolfspeed’s long-term growth plans and bolster domestic production of silicon carbide to power clean energy systems underpinning electric vehicles (EVs), artificial intelligence (AI) data centers, battery storage and more,” the company said in a statement.<figure class="image"><a href="https://stocktwits.com/symbol/WOLF"><img style="aspect-ratio:1314/320;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2024_10_15_at_10_01_04_AM_68633fb576.png" alt="Screenshot 2024-10-15 at 10.01.04 AM.png" width="1314" height="320"></a><figcaption>WOLF sentiment and message volume Oct 15, as of 10:15 am ET | source: Stocktwits</figcaption></figure>WOLF quickly became the top-trending ticker on Stocktwits, with retail sentiment turning ‘extremely bullish’ as of 10 a.m. ET.<stembedurl>https://stocktwits.com/WALLSTMATADOR/message/588936538</stembedurl><stembedurl>https://stocktwits.com/Fullmoonblack/message/588944757</stembedurl>The company, which describes itself as “the world’s largest producer of silicon carbide technology,” counts major automakers like General Motors and Mercedes-Benz among its customers.“As a key player in the semiconductor industry, this proposed investment will enable us to solidify our leadership position with a first-of-its-kind 200mm silicon carbide manufacturing footprint in upstate New York and central North Carolina, while contributing to the resilience and competitiveness of the U.S. supply chain,” Wolfspeed CEO Gregg Lowe said.Wolfspeed has reportedly faced production challenges, especially at its chip plant in Mohawk Valley, New York, forcing it to rely on an older, more expensive facility.The company hasn’t posted an annual profit in over a decade, with its last quarter of positive net income in 2018, according to <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2024-10-15/wolfspeed-wins-1-5-billion-in-financing-from-chips-act-apollo">Bloomberg</a>.The U.S. government’s $750 million grant stems from the 2022 CHIPS and Science Act, and will help cover part of Wolfspeed’s $6 billion-plus planned factory investments in North Carolina and New York.Additionally, Wolfspeed expects to receive around $1 billion in Section 48D cash tax refunds from the IRS over the coming years.WOLF stock remains down more than 60% year-to-date.Read next: <a href="https://stocktwits.com/news-articles/markets/equity/wba-stock-rises-on-store-closure-plans/cJcwxPZR4n">WBA Stock Climbs On Plan To Close Thousands of Stores: Retail Is Betting On A Comeback</a>

Wolfspeed Grabs Retail Spotlight As Stock Rockets 25% On $1.5B Financing From US, Private Investors

The U.S. government’s $750 million grant stems from the 2022 CHIPS and Science Act, and will help cover part of Wolfspeed’s $6 billion-plus planned factory investments

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