In recent years, traders and investors have increasingly turned to social media to discuss their investments. Now, interested parties can get a scientific look at what is being discussed on a weekly, monthly, and even hourly basis.
Provided by Social Market Analytics, here is the social media outlook for Friday, May 11.
Most Bullish
NVIDA NVDA is currently trading up almost 9% after the company reported earnings that beat exceptions and guided higher.
InfoSpace INSP reported earnings yesterday.
Most Bearish
JPMorgan JPM is trading down over 8%. Yesterday afternoon, the company's CEO Jamie Dimon held a special press conference to announce that the bank's trading arm had lost some $2 billion.
Cisco Systems CSCO is trading flat. Shares gapped lower at the open yesterday after the company gave fairly bearish guidance.
Most Discussed
JPMorgan JPM
Apple AAPL nearly always sits atop this list. Shares are currently trading near $570.
Arena Pharma ARNA is trading up nearly 70% after the FDA approved the company's obesity drug.
Cisco Systems CSCO
Google GOOG is frequently discussed on social media, but chatter may have been bolstered by reports that the company could be in talks with a major record label to purchase access to their catalog for $1 billion.
Interested in getting more information about stock trends on social media? Signup for the Social Market Analytics newsletter on their website.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.