Weekly Buzz: Earnings season in full swing
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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.)
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Buzzing Stocks List & Mooers Comments
U.S. equities experienced a sell-off on Friday following the release of weaker-than-expected economic data. A significant measure of consumer sentiment plunged to its lowest level since November, intensifying concerns among investors. Adding to the downturn, bank stocks extended their decline from the previous day. Meanwhile, crude oil futures faced a slight decrease throughout the week due to mounting worries about a potential recession and reduced demand. The price of West Texas Intermediate (WTI) crude, considered the benchmark for the U.S., closed the Friday session near $70 per barrel. (As of May 15, 2023)
*Note: All contents such as comments and links posted or shared by users of the community are the opinion of the respective authors only and do not reflect the opinions, views, or positions of Moomoo Financial Inc., Moomoo Technologies, any affiliates, or any employees of MFI, MTI or its affiliates. Please consult with a qualified financial professional for your personal financial planning and tax situations.
This list is provided for informational purposes only and is not investment advice or a recommendation of any security or investment strategy. You should not buy or sell any security on this list without first determining if it's appropriate for your portfolio or strategy by taking into account your financial situations and personal objectives. The past performance does not guarantee future results. This list only includes stocks.
Anyway, let's dive into the weekly buzzing stock list of last week:
1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐
Tesla has raised the prices of its Model S, Y, and X electric vehicles in the US while announcing a recall of 1,104,622 vehicles imported and produced in China. The stock showed a 1.22% decline last week. (As of May 15, 2023)
@ZnWC
Elon Musk said would devote more time to Tesla ending rumour that he's stepping down.
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2. AMC - Buzzing Stars: ⭐⭐⭐⭐
AMC and AMC+ have released a teaser for the second season of the critically acclaimed series Dark Winds. The six-episode second season, produced by AMC Studios and based on the Leaphorn & Chee book series by Tony Hillerman, stars Zahn McClarnon, Kiowa Gordon, and Jessica Matten. It will debut on AMC and AMC+ in July. However, its shares declined 11.71% last week. (As of May 15, 2023)
3. MULN - Buzzing Stars: ⭐⭐⭐⭐
Mullen Automotive has signed a vehicle purchase agreement with MGT Lease Company to buy 250 all-electric commercial Class 3 cab chassis EV trucks. The contract is worth $15.8m and the vehicles are scheduled for delivery from August 2023 until December 2023. Mullen Automotive's shares were down 15.33% at $1.27. (As of May 15, 2023)
4. AAPL - Buzzing Stars:⭐⭐⭐⭐
Apple is reportedly close to unveiling its mixed-reality headset after seven years of development, with an expected reveal at its Worldwide Developers Conference on June 5. However, reports suggest that the headset may not meet the expectations of VR enthusiasts. Apple's shares were largely unchanged last week, with only a 0.44% decline. (As of May 15, 2023)
5. PYPL - Buzzing Stars: ⭐⭐⭐
PYPL reported non-GAAP earnings of $1.17 per share for first-quarter 2023, beating the Zacks Consensus Estimate by 6.4%. The figure improved 33% on a year-over-year basis. Net revenues of $7.04 billion exhibited year-over-year growth of 10% on an FX-neutral basis and 9% on a reported basis. It saw much movement last week, with a 17.71% decline. (As of May 15, 2023)
@JP_mykayaplus
Paypal - You are losing money after 5 years as an investor?
6. TRVN - Buzzing Stars:⭐⭐⭐
Shares of Trevena Inc. surged 114.29% after the company's China-based partner received formal approval from China health regulators for the pain treatment Olinvyk. Olinvyk was approved by the US Food and Drug Administration in August 2020 and has now been approved by China's National Medical Products Administration. (As of May 15, 2023)
@Mario Timberlake
Trevena Inc Making Strides in Biopharmaceutical Industry with Groundbreaking Announcement
7. PACW - Buzzing Stars:⭐⭐⭐
Shares of PacWest Bancorp fell by 20.84% last week after the bank said its deposits had declined and pledged more collateral to the US Federal Reserve to boost its liquidity. The Los Angeles-based lender saw deposits plummet 9.5% last week, causing a majority of the outflows. (As of May 15, 2023)
8. PLTR - Buzzing Stars:⭐⭐⭐
Shares of Palantir Technologies soared by 28.21% after the data analytics software firm reported better-than-expected Q1 earnings and revenue that beat Wall Street estimates. Its adjusted earnings were $0.05, while revenue rose 18% to $525m. (As of May 15, 2023)
@JP_mykayaplus
Palantir - The AI catalyst?
9. NVDA - Buzzing Stars:⭐⭐⭐
NVIDIA has released an update for its RTX Remix runtime, which is part of the NVIDIA Studio Toolkit that allows developers to add new technologies like NVIDIA DLSS, path tracing, or AI-enhanced game resources to DirectX 9 and DirectX 8 games. NVIDIA Corporation shares are trading lower by 1.19%. (As of May 15, 2023)
@BrandonnW
NVIDIA Q1 preview: expect in-line revenue and higher gross margins, company is "best-in-class AI play"
Read More >>
10. NIO - Buzzing Stars:⭐⭐
Chinese electric vehicle (EV) maker NIO has installed 21 battery swap stations along the Beijing-Taipei highway, taking its total network to 1,383 stations across China and Europe. The move comes as NIO's vehicles complete 10 billion kilometres on the road, with 60% of its drivers having used battery swapping stations. NIO's shares fell 2.45% last week. (As of May 15, 2023)
@Brandony
NIO Institutional Ownership update
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Chomel : Look out for the 5 key figures when analyzing earnings report during this season.
1. Revenue- A growth in revenue is a sign of company growing in its business order. If you see a decline, think deeper to understand why.
2. Profitability- High profitable could mean good businesses with better margin. If a company is loss making, better than twice as it could mean that they are not doing well.
3. Expenses- High revenue doesn’t always translate to high profitability. The overall cost of the expenses is critical. This shows how well a company is managing their operational cost which could derive on how profitable they are.
4. Debt and Cash flow- Understand their gearing ratio and existing obligation to that could impact their financial health. One could mean that a company with a higher gearing could pose a higher risk if the company were to face various headwinds. You would prefer to see a healthy positive Cash flow than a negative one.
5. Management Outlook- Market sentiment and confidence level of its businesses, moving forward.
Milk The Cow :
Milk The Cow : I focus on Revenue,profits,FCF,asset,liabilities...
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There're others too but are less important.
However, do note that earning reports may not 100% reflect the stock price movement. Sometime good report earning does not mean stock price should rally like crazy.
I think the economy growth rate is slowing down so, even with better than expected earnings, I may not even buy in for long
But, I think it will be good for trading in this season, although I don't really recommend (Just my view)
Landlordb1 : $MARA Holdings (MARA.US)$
727727727 : I've always found the most interesting part of earning statements to be the forward looking revenue projection revisions. Regardless of current quarter results, revising next Q or Y expectations up or down can tell you a lot about whether or not it's a good time to enter or exit a stock.
cola1010 : Investors should focus on key factors such as revenue and revenue growth, earnings per share (EPS), net income and profit margins, expenses and cost management, cash flow and debt levels, dividends, and company KPIs when analysing earnings reports. Investors can acquire insights into a company's financial health, profitability, growth prospects, and industry placement by evaluating these key factors, helping to make informed investment decisions.
102392341 : I would look at these key metrics such as revenue, expenses, profit, debt, and cash flow to understand the company's overall financial health.