Weekly Buzz: The new bull market is in sight?
Spoiler:
At the end of this post, there is a chance for you to win points!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.)
At the end of this post, there is a chance for you to win points!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.)
Make Your Choices
Buzzing Stocks List & Mooers Comments
Last week, $S&P 500 Index (.SPX.US)$ broke out to a new year-to-date high, gaining more than 20% from its previous bottom and met the commonly accepted definition of a bull market. The index joins the $Nasdaq Composite Index (.IXIC.US)$ and leads the U.S. stock market closed higher last week. The S&P 500 and NASDAQ index ended 1.83% and 2.04% higher respectively. Several famous growth stocks were also going up and regained people's attention once again. (As of Jun 5, 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: ⭐⭐⭐⭐⭐
$Tesla (TSLA.US)$'s shares rose 10.77% last week. CEO Elon Musk saw his wealth jump 40.3% this year to $192 billion, after shares of the electric car maker rose about 24% in May. Musk owns about 13% of Tesla, he's now the world’s richest person again. (As of Jun 5, 2023)
@Musk Fan: Elon Musk is once again the world’s richest man
2. NVDA - Buzzing Stars: ⭐⭐⭐⭐
$NVIDIA (NVDA.US)$ Shares of the chipmaker and artificial intelligence beneficiary slightly moved up 0.98%, building on its recent gains on the heels of a blowout quarter. The moves pushed Nvidia’s market value briefly above $1 trillion. (As of Jun 5, 2023)
@Value Never Lie: NVIDIA | First Massive Wave of Demand in Generative AI
3. UCAR - Buzzing Stars: ⭐⭐⭐⭐
Shares of $U Power (UCAR.US)$, a China-based vehicle-sourcing service provider, rose triple digit by 161.16% last week. This comes after announcing a strategic collaboration with Japan’s Quantum Solutions, which is the first and only independent EV company listed on the Tokyo Stock Exchange. (As of Jun 5, 2023)
@Ripper: Seems to be accurate….could bounce up n out or down
4. AI - Buzzing Stars:⭐⭐⭐⭐
Shares of eponymous artificial intelligence stock $C3.ai (AI.US)$ saw a 33% daily gain last Tuesday after its earnings were released, but went down eventually, closed 2.06% lower last week. A positive news with investment banks $Bank of America (BAC.US)$ Canaccord, JMP Securities, Morgan Stanley, Piper Sandler, and Wedbush all lining up to raise price targets on the company after it beat earnings. (As of Jun 5, 2023)
@pafiak: What is with C3.ai surge?
5. AAPL - Buzzing Stars: ⭐⭐⭐
$Apple (AAPL.US)$'s share has been up for 6 consecutive weeks and ends up going 3.15% up last week. Apple fans have eagerly awaited the iPhone maker’s next major product launch. (As of Jun 5, 2023)
Replay: Apple 2023 Global Developers Conference
@FiveHundredCents: Apple Stock To Hit $3 Trillion: Here’s How Long It May Take
6. MULN - Buzzing Stars:⭐⭐⭐
The EV maker $Mullen Automotive (MULN.US)$ stock extended its downward trend, down 7.57% and closed red last week. Since its delisting crisis rages on, the EV stock is down roughly 60% last month, despite issuing more than 10 updates on its business, including two new orders for its electric vans. (As of Jun 5, 2023)
@allen kidd: just waiting
7. AMC - Buzzing Stars:⭐⭐⭐
Despite closing red last week, $AMC Entertainment (AMC.US)$ stock has outperformed the S&P 500 by about 5% this year so far.
One thing to be aware of last week is that a big player, Antara Capital, is selling millions of AMC Preferred Equity Units APE. In a similar move, Ray Dalio’s Bridgewater Associates sold its entire stake in AMC Entertainment stock as well. (As of Jun 5, 2023)
@JulianMackie: AMC’s Dilemma in Recent Years
8. PLTR - Buzzing Stars:⭐⭐⭐
$Palantir (PLTR.US)$ shares have rallied since the company announced upbeat first-quarter earnings and touted the unprecedented demand for its new artificial intelligence platform (AIP). Shares of Palantir gained 89.8% in May, up 6.37% last week. (As of Jun 5, 2023)
@Sam Wallstreet: QUICK SCALP 15 $PLTR
9. SOFI- Buzzing Stars:⭐⭐⭐
$SoFi Technologies (SOFI.US)$ shares jumped on the debt deal moving through Congress. Under the terms of the deal, student loan repayments would restart, which would possibly be positive news for SoFi's business. Its shares skyrocketed by almost 30% last week.
(As of Jun 5, 2023)
@ehttrader: SoFi is up 28% in two days!
10. MSFT - Buzzing Stars:⭐⭐
Tech giant $Microsoft (MSFT.US)$'s share remained its steady steps heading north, closed a little higher by 0.75% last week. It's stock price was up more than 40%YTD. Investors are looking forward to seeing its acquisition of $Activision Blizzard (ATVI.US)$, which is practically a done deal at this point. Not to mention its market-leading position in advancing artificial generative intelligence (AI) technology. (As of Jun 5, 2023)
@FiveHundredCents: Microsoft's valuation could surge $300 billion with ChatGPT and AI set to transform its business
Thanks for reading!
Awarding Moment
Before moving on to part three, congrats to the following mooers whose comments were selected as the top comments last week! @doctorpot1 @71357606 @aspiring Lark_7123 @73373440 @Milk The Cow @ZnWC @Upncoming1841 @No_Horse_Run_4896 @Cryptolize @cola1010 @IcySilver @EYSY @HuatEver
Notice:
Reward will be sent to you this week. Please feel free to contact us if there is any problem.
Weekly Topic
Time to be rewarded for your great insights and knowledge!
Do you think the AI stocks still got momentum going up this week?
Comment below and share your ideas!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.
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ZnWC : Do you think the AI stocks still got momentum going up this week?
The short answer will be yes AI is still bullish this week but next week, we're not so sure. This is because AI rally will continue til the end of the year based on fundamental reasons - AI tech increase productivity and unlimited potential.
There'll be pull back and FED rate hike and recession fear will be the resistance for the rally. But such macro factors are not permanent. In fact some analysts are predicting FED may announce rate hike pause in coming meeting.
The next rally is will AI evolve to the next level - AGI (General Intelligence) which will bring breakthrough in autonomous EV industry and many other sectors. If it happens, there may be the rise in the next tech giants and AI booms. This may happen in 1H next year. The question is how to pick the right stock now.
nguyen thi kim huong :
honest Camel_ikt : Yes AI stock’s still have room to grow.
LionsShare : we are in late stage capitalism. enough said.
Fundamentalist : Oh hi
cool ok ya thanks then how u sure or not? What about week ahead?
Milk The Cow :
Milk The Cow : No idea, but I think A.I hyped is kinda crazy (momentum may continue unreasonably).![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
... (pretty much nothing else)
This hyped may even represent the total of labour being fired (labour cut) in the future. That's the "only" justification for the A.I hyped
如果时间 LionsShare : Capital games
MONDAY86 : With the advent of ChatGPT, the artificial intelligence sector continues to rise wave after wave, and the “everything is possible” object seems to have become “artificial intelligence.”
Many stocks related to the artificial intelligence industry continue to hit new highs, or even record highs. Artificial intelligence seems to have become the number one main line in global financial markets. As long as it goes hand in hand with artificial intelligence, it seems like they all have speculation capital.
Stock pricing is pricing for the future. If investors have future businesses in their hearts, prices will be higher. Investors think artificial intelligence has a future, and a lot of information now supports them to have a future, so in the expectations of many people, it can rise and continue to rise.
In the past, only large companies could buy AI interfaces for production or training, but now the general public can use OpenAI to become a software engineer, and they only need to use it through a simple, intuitive, and easy to use interface. Some developers even think that now might be the big explosion of artificial intelligence.
The bigger the wind and waves, the more expensive the fish! Artificial intelligence has quite a few potential stocks and high-performing stocks, but if individual stocks aren't selected well, the market probably has nothing to do with you.
Asphen : yes, it is over. but pullbacks always possible.
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