Weekly Buzz: Stocks face risks from stalling growth?
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.)
Make Your Choices
Buzzing Stocks List & Mooers Comments
Last week inflation has continued to slow: The closely watched Consumer Price Index rose 4% for the year ending in May, down sharply from April’s 4.9% rise. But that doesn’t mean more rate hikes are not coming down the pike. Fed officials signaled Wednesday they expect additional rate hikes as many as two more quarter-point increases some time this year. Last Friday, the dow index decreased 0.32%, closing at 34,299.12 and the @S&P 500 index decreased 0.37%, closing at 4,409.59. Several famous growth stocks were also going up and regained people's attention once again. (As of Jun 16, 2023)
Weekly Buzz
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*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: ⭐⭐⭐⭐⭐
$Tesla (TSLA.US)$ shares weekly % chg rose by 6.6% and closed at $260.54 last week. Tesla’s stock (TSLA) is up more than 50% over the last month in one of the company’s best runs in value ever.Macroeconomics has a big impact on large stocks, like Tesla, and improvements on that front have helped the automaker, but the NASDAQ is up 10% while Tesla’s up 51% over the last 30 days.Most recently, the adoption of NACS, which is Tesla’s connector, as the new North American charging standard has resulted in several Wall Street analysts considering Tesla’s Supercharger business. (As of Jun 16, 2023)
@ZnWC: Tesla studded national landscape with chargers with a seamless user experience in mind.
2. MULN - Buzzing Stars: ⭐⭐⭐⭐
$Mullen Automotive (MULN.US)$ shares weekly % chg decreased by 46.99% to $0.229. The company's market cap stands at $39.5 million. On June 13, Mullen Automotive released the proxy statementfor its annual meeting of stockholders on Aug. 3. In the filing, Proposal 3 sought approval for a reverse stock split in a ratio between 1-for-2 and 1-for-10. However, the higher ratio of the reverse split has now been lifted to 1-for-100. (As of Jun 16, 2023)
@365bull: MULN only 100? I'll wait till 1000 to 1. but on the other hand, they might go bankrupt.
3. C6L - Buzzing Stars: ⭐⭐⭐⭐
$SIA (C6L.SG)$ shares weekly % chg decreased by 1.93% to $7.62. The company's market cap stands at $22.78 billion. Singapore Airlines's share price soars above pre-pandemic levels, OCBC increases the target price to $7.94. SIA announced record revenue, group operating performance and net performance of $17.8 billion, $2.7 billion and $2.16 billion respectively for the FY2023 ended March 31, which Lim attributes to its first mover advantage while the aviation industry emerged from the pandemic. (As of Jun 16, 2023)
@Terra: This will be an interesting week for team SIA. There are a few groups of players at play here.
4. NVDA - Buzzing Stars: ⭐⭐⭐⭐
$NVIDIA (NVDA.US)$ shares weekly % chg rose by 10.12% to $426.92. The company's market cap stands at $1.05 trillion. NVIDIA Corporation share price is up a whopping 564% in the last half decade, a handsome return for long term holders. This just goes to show the value creation that some businesses can achieve. (As of Jun 16, 2023)
@old Micheal: While AI is all the rage, VCs are also heavily investing into new energy startups.
5. AMD - Buzzing Stars: ⭐⭐⭐
$Advanced Micro Devices (AMD.US)$ shares weekly % chg decreased by 3.87% to $120.08. The company's market cap stands at $193.37 billion. The company's stock saw a significant share price rise of over 20% in the past couple of months on the NASDAQGS. It seems like the market has well and truly priced in AMD’s positive outlook, with shares trading above its fair value. (As of Jun 16, 2023)
@vincentts: AMD Stock May Have Much Further To Go Based On Analysts' Estimates.
6. AMC - Buzzing Stars: ⭐⭐⭐
$AMC Entertainment (AMC.US)$ shares weekly % chg decreased by 1.47% to $4.7. The company's market cap stands at $2.44 billion. The balance sheet boost couldn't have come at a better time. AMC had taken on massive debt due to the forced closure of its theaters during the COVID pandemic. But AMC is still struggling to reach pre-pandemic revenue levels. Analysts are expecting AMC to report revenue of $4.49 billion and $4.83 billion in 2023 and 2024, respectively. That's still roughly half a billion below the revenue the company saw in 2019. (As of Jun 16, 2023)
@intuitive Jackal_354: building a Gama ramp for June 30th !!! myself and about 60 other friends are building a gamaramp to force the short squeeze!
7. AAPL - Buzzing Stars: ⭐⭐⭐
$Apple (AAPL.US)$ shares weekly % chg rose by 2.19% to $184.92. The company's market cap stands at $2.91 trillion. Apple shares closed at a new all-time high on June 13, rising 1.6% to finish the regular trading day at $183.79. It was Apple's first closing high since January 2022, barring an intraday record following Apple's Vision Pro unveiling a few weeks ago. (As of Jun 16, 2023)
@PREMOSULTRAA: iPhone Sales tumble -27.5% QoQ and -11.9% YoY for 1Q 2023.
8. NIO - Buzzing Stars: ⭐⭐⭐
$NIO Inc (NIO.US)$ shares weekly % chg rose by 21.6% to $9.4. The company's market cap stands at $16.16 billion. Chinese electric vehicle startup Nio launched the ET5 Touring in an online event on Thursday. The global model will be first delivered to Chinese customers with a starting price of $41,700. In the future, the station wagon will hit overseas markets including Germany, Denmark, the Netherlands, Sweden and Norway. (As of Jun 16, 2023)
@bullrider_21: NIO's urgency to capture volume and cut expenses finally here, says Deutsche Bank.
9. FFIE - Buzzing Stars: ⭐⭐⭐
$Faraday Future Intelligent Electric Inc. (FFIE.US)$ shares weekly % chg rose by 37.22% to $0.4498. The company's market cap stands at $625.89 million. Electric-vehicle startup Faraday Future Intelligent Electric said on Friday it was planning a reverse stock split, as it looks to regain compliance with Nasdaq's minimum bid price requirements. Nasdaq requires shares trade above $1 and sends a notice when a company trades below that mark for 30 consecutive business days. (As of Jun 16, 2023)
@102281917: The increase in joint stock is nothing, and the delay in delivery is a serious injury.
10. IDEX - Buzzing Stars: ⭐⭐
$Ideanomics (IDEX.US)$ shares weekly % chg rose by 48.29% to $0.0823. The company's market cap stands at $66.5 million. Voya Investment Management LLC lowered its stake in IDEX Co. by 1.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 184,718 shares of the industrial products company's stock after selling 2,306 shares during the quarter. Voya Investment Management LLC owned about 0.24% of IDEX worth $42,177,000 as of its most recent SEC filing. (As of Jun 16, 2023)
@KM-ULTRA: They won’t even update the short interest report because they’re embarrassed how many negative zero shares are left in the float.
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! @Sheyla @Amos Zhang @Wilhelm @MONDAY86 @ZnWC @David 889 @Milk The Cow @70763825 @neutron @cola1010
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Reward will be sent to you this week. Please feel free to contact us if there is any problem.
Weekly Topic
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Which stock do you prefer this week and why?
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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Amos Zhang : It's definitely Apple. When Vision Pro goes on sale, everyone will know what the future means. Vision Pro can also drive many downstream industries, especially Japanese
movies, which are expected to sell a lot. A new era has arrived.
nubberz : yes market is the future of driving and people are slowly becoming aware of this...gettem cheap and not just mullen
Milk The Cow :
Milk The Cow : I guess A.I related stock for now![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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Because it's a very strong trend now...
Actually airline like SIA is the one that caught my attention the most as it's one that is super overbought (the most of all) based on indicators. It can go a lot higher than I thought
Kopikarp : $Ishares Treasury Floating Rate Bond Etf (TFLO.US)$ because VIX at record lows and I can't find a good stock to sell CSP. Might as well just wait it out.
102392341 : I would think China stocks because there is a chance for it to rebound.
redevilgiggs : $ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$It's already oversold, it's time for a rebound.
102765799 : potentially the AI related ones which have all the hype and driven by tech stock rebounds
71773790 : TSLA what's not to like 280.00 soon jmo
Kygal10265 : They will go up
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