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Popular on moomoo joined discussion · May 16, 2022 03:11

Weekly Buzz: Why did Elon Musk put his Twitter deal 'on hold'？

Spoiler:
At the end of this post, there is a chance for you to win points!
Weekly Buzz: Why did Elon Musk put his Twitter deal 'on hold'？
Happy Monday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)

Part Ⅰ: Make Your Choices

Part Ⅱ: Buzzing Stocks List & Mooers Comments
Three major indices moved downward, Russell 2000 Index decreased 2.23% last week. Here is the weekly buzzing stock list of last week:
Weekly Buzz: Why did Elon Musk put his Twitter deal 'on hold'？
1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐
Tesla Tesla has been accelerating its order delivery since it resumed work on 19 April. It reported exporting over 8,000 vehicles from Shanghai since work resumed there. However, TSLA's stock decreased 11.59% to $769.590 for the week.
● Mooers comment
@power-investor :
$Tesla (TSLA.US)$ panic people are buying it hard now as regretting selling off to early, seem like it super over sold ,so buying it and bring it high should not a problem tonight by see the movement.as alot people are going to push it high up.

2. AMC - Buzzing Stars: ⭐⭐⭐⭐
AMC Theatres reported its first-quarter 2022 results last Monday and was up over 6% after hours. Its Q1 loss was less than expected, and revenue stronger than expected. However, its share price fell by 14.17% and closed at $11.810.
● Mooers comment
@Sam the GREATER : There's no way out of this
$AMC Entertainment (AMC.US)$
At this point the hedge funds are completely stuck. Drop it below 10 dollars and you are basically giving people free shares. Let it go high and everyone will start buying in.
Read more >>

3. MULN - Buzzing Stars: ⭐⭐⭐⭐
Despite Mullen Automotive stock was rising higher last Friday after the electric vehicle (EV) company released preliminary results for its fiscal second quarter of 2022, the share price of MULN closed at $0.989 with a weekly drop of 17.57%.
● Mooers comment
@RDK79 :
$Mullen Automotive (MULN.US)$ Shorter wave coming again, especially after price has risen a bit. Funny the chart needle shows bullish, maybe bullish for shorters I guess.
Weekly Buzz: Why did Elon Musk put his Twitter deal 'on hold'？
4. AAPL - Buzzing Stars:⭐⭐⭐⭐
Saudi Aramco replaced Apple as the world's largest company by market capitalisation as investors began to move away from technology stocks and into the energy sector. Last Friday, its stock price closed at $147.110, with a weekly decline of 6.47%.
● Mooers comment
@tertm141 :
$Apple (AAPL.US)$ relief rally for how long? needs to get back $159.X
daily chart
Weekly Buzz: Why did Elon Musk put his Twitter deal 'on hold'？
Weekly chart
Weekly Buzz: Why did Elon Musk put his Twitter deal 'on hold'？
5. TWTR - Buzzing Stars: ⭐⭐⭐
Musk's planned $44 billion acquisition of the platform was paused, he tweeted Friday, "pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users." The share price of TWTR closed at $40.720, with a weekly fall of 18.23%.
● Mooers comment
@Spi11 The Tea : Trump says Musk won't buy Twitter. 'No way,' he posts to rival social media platform
Former President Donald Trump responded to the news that $Tesla (TSLA.US)$ CEO Elon Musk's planned $Twitter (Delisted) (TWTR.US)$ buyout is temporarily on hold.
Read more >>
Weekly Buzz: Why did Elon Musk put his Twitter deal 'on hold'？

6. NIO - Buzzing Stars:⭐⭐⭐
NIO Singapore listing approved as the threat of NYSE delisting rises. A listing in Singapore would give the carmaker more fundraising options. The shares of NIO decreased 4.09% last week and finally closed at $14.310.
● Mooers comment
@strangecloud :
$NIO Inc (NIO.US)$
Those who are brave and have spare cash to buy the dip at opening ….big win!
Meanwhile, rebound fast and furious after so many days of red. Those who wanna go Singapore River…come back!
Stay strong~!

7. NVDA - Buzzing Stars:⭐⭐⭐
Nvidia fell to a new low for 2022 as panic seized last Monday's stock market. This year, it has lost close to half of its market value despite consistently strong fundamental showings buoyed by a bullish chip demand environment. Its share price closed at $177.060, with a weekly drop of 5.19%. 
● Mooers comment
@frank Lion_1579 :
$NVIDIA (NVDA.US)$ 这周最后一天交易，将迎来技术型反弹，修正一些超卖指标，并不是趋势的改变，当超卖指标缓解后，将继续下跌，短期的变数是季报，如果季报不错，或许会有反弹
Read more >>

8. AMZN - Buzzing Stars:⭐⭐⭐
Over the last six weeks, Amazon lost more than 30% amid a widespread market selloff that has hit the tech sector particularly hard as the Federal Reserve hikes interest rates to curb inflation. Its share price closed at $2261.100, with a weekly decline of 1.50%. 
● Mooers comment
@T T M :
$Amazon (AMZN.US)$
Amazon is negative 26 billions, including the loss 3.8 billions in Rivian.
Why Amazon? Does its Q2 earning can cover those loss? Even it can, I'll come back in Q3, not now.

9. VERU - Buzzing Stars:⭐⭐⭐
The only green baby we got last week! VERU stock soared after FDA agreed COVID-19 treatment can be submitted for Emergency Use Authorization (EUA) application. Its share price went up 53.66% to $13.000 over the past week. 
● Mooers comment:
@KingNY-Life :
$Veru Inc (VERU.US)$
目前换手率153%，很多获利盘都离开了。筹码已经换手，主力快发力拉升了。

10. MSFT - Buzzing Stars:⭐⭐
Bill Gates said the rate rise could be enough to cause a global economic slowdown due to the Russian-Ukrainian conflict and the impact of pandemic. Microsoft's market capitalisation fell below US$2 trillion and its share price fell to a new low since July 2021. Its share price fell 4.95% to $261.120 for the week.
● Mooers comment
@Zionnnn :
$Microsoft (MSFT.US)$ Weekly rejected at prior trendline support, for now price is hovering above the .382 Fib Retracement level and LVN (low volume node). If that goes and things get ugly the .618 Fib level lines up nicely with the volume POC (point of control); logical target.

Thanks for your reading!


Awarding Moment
Before moving on to part three, congrats to the following mooers whose comments were selected as the top comments last week!
@HopeAlways @Syuee @VCSuccess @HuatEver @HuatLady @102089245 @Milk The Cow @KT88 @Double Rainbow @Southern Eagle @SpyderCall @ZenTime
Notice: Reward will be sent to you this week. Please feel free to contact us if there is any problem.

Part Ⅲ: Weekly Topic
Time to be rewarded for your great insights and knowledge!

This week, we'd like to invite you to comment below and share your idea on:
What do you think about Elon Musk putting his Twitter deal 'on hold'？

We will select 15 TOP COMMENTS by next Monday.
Winners will get 200 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.

Top Comment Technique:
● Fundamental / Technical / Capital Analyses
● Personal Trading Experience
● Any bright insights or knowledge

Disclaimer: Comments above are made available for informational purposes only. Before investing, please consult a licensed professional.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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  • MooMooTan : Elon Musk  still earn money if the deal didn’t goes through, so the fact is he screwed everybody so that he can earn money like what he did with Crypto currency.

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  • HopeAlways :

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  • Zerocool888 : Elon Musk is a con artist. Same goes with Crypto which is also a scam. Both goes hand in hand.

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  • HopeAlways : Elon Musk is putting the blockbuster $Twitter (Delisted) (TWTR.US)$ deal on hold over fake accounts, which could be an excuse for Musk to reduce his offer price. By using the question over fake accounts, Musk could be giving himself more options and more leverage. It appears that he is paying more than he needs to pay for this deal. In the latest update, Musk did not provide any other details about putting the deal on hold, leaving it open to interpretation as to how he might delay or postpone the massive purchase of $Twitter (Delisted) (TWTR.US)$.

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  • Milk The Cow :

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  • Syuee : Elon Musk wants to investigate the Twitter claim that only 5% of accounts are actually bots.

    It seems pretty impossible to believe the number would be that low, and more bots means less advertising revenue, as companies will not like having to pay from clicks, where there is no opportunity to actually sell their products.

    Another more cynical reason might be this is part of a play to reduce the per-share offer price, in part because of the bot thing but also because Twitter’s stock price is going down, not up !

    The possibility of negotiating down the price, seeing as how his wealth has taken a hit in the past month.

    If his own survey comes up with a number so much as one percentage higher than Twitter, then he may use that as an excuse to label their management as liars, and back out of the deal?

    The original proposal has a significant cost if Musk walks away - $1 billion.

    Elon still appears to be keen to negotiable the offer on the Twitter deal.

    However, he would likely be needing more~ time to organise (a consortium) the takeover, if his plan is cash buyout.
    $Twitter (Delisted) (TWTR.US)$

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  • Milk The Cow : I think Elon is trolling 🤔. (Maybe he trying to push his offer lower [undefined]?)

    But all I can say is that he will still buyout $Twitter (Delisted) (TWTR.US)$ = I guess only ah...[undefined]

    It's too dramatic, not going into further details... It's complicated [undefined].

    We all thought that the $Twitter (Delisted) (TWTR.US)$ drama has ended... but who knows that there's a season 2 [undefined]... only god dam Elon will know [undefined].
    In the past I predicted a season 2 too, eiya my bad mouth [undefined]+[undefined].

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  • HopeAlways Syuee : There is still a significant amount of chaos and uncertainty being thrown at $Twitter (Delisted) (TWTR.US)$ at this moment.

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  • 劫财死远点劫色就来吧 : Does the bank loan agreement state for what purpose?
    If not & in business view, Boss just need a reason to loan. Cash is king at the moment, especially billions. 🤷‍♂️

    BTW, I luv you, boss. [undefined][undefined]

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  • Syuee HopeAlways : Evidently, there are more bots and spam accounts than what he was told when he placed the original offer.

    Thus, shelving the Twitter deal can indeed give Elon more options and more leverage too. [undefined]

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