TSLA
Tesla
-- 415.121 NVDA
NVIDIA
-- 136.120 MSTR
MicroStrategy
-- 301.710 FFIE
Faraday Future Intelligent Electric Inc.
-- 3.5000 RGTI
Rigetti Computing
-- 16.5200 
Weekly Buzz: The market still likes these stocks despite a country downgrade
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
Stocks fell last week to close out a rare losing week for Wall Street following mixed reports on the U.S. job market and two of the market’s most influential stocks. The S&P 500 sank 23.86, or 0.5%, to 4,478.03. It was the fourth straight drop for Wall Street’s main measure of health after it set a 16-month high at the start of the week. The Dow Jones Industrial Average also drifted between gains and losses the day before ending with a loss. It dropped 150.27 points, or 0.4%, to 35,065.62, and the Nasdaq composite gave up 50.48, or 0.4%, to 13,909.24. (As of August 4, 2023)
🚌 Weekly Buzz
*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: ⭐⭐⭐⭐⭐
$Tesla (TSLA.US)$ shares weekly % chg decreased by 2.13% and closed at $253.86 last week. Many tech stocks have performed well in 2023, including Tesla, whose shares are up an incredible 107% (as of Aug. 2). Investors are likely warming up to growth stocks again following a difficult year in 2022. And as the top electric vehicle company, Tesla is once again attracting a lot of attention. Tesla beat Wall Street estimates with its latest financial update, generating revenue of $24.9 billion and diluted earnings per share of $0.78. The business also produced 480,000 vehicles during the period, up 86% year over year. (As of Aug 04, 2023)
@高贵的阿德莱德: It's not time for Tesla to hit the bottom.
2. NIO - Buzzing Stars: ⭐⭐⭐⭐
$NIO Inc (NIO.US)$ shares weekly % chg decreased by 3.62% to $14.72. The company's market cap stands at $26.18 billion. EV startup NIO is set to enter the smartphone market with its first device, the NIO Phone, which is scheduled to be released in the third quarter of 2023. The company’s CEO, William Li, confirmed the development of their own mobile phones, stating that the technology could enhance the overall ownership experience by integrating with vehicles and improving connectivity. NIO's decision to venture into the smartphone market aligns with its long-term strategic vision. The company received its license to access the internet in China on July 10, marking a significant step towards the sale of the NIO Phone in the country. The license is valid until July 10, 2025. (As of Aug 4, 2023)
@ZnWC: China poses a legitimate national security threat in autonomous vehicles - Lidar Coalition.
3. TTOO - Buzzing Stars: ⭐⭐⭐⭐
$T2 Biosystems (TTOO.US)$ shares weekly % chg decreased by 17.71% to $0.25. The company's market cap stands at $72.55 million. T2 Biosystems stock has been rallying this week after investors learned that the Nasdaq exchange had granted it an extension to regain compliance with two of the exchange’s rules. Specifically, the exchange gave the company additional time to meet its requirements by raising its share price above $1 and increasing its market capitalization “to at least $35 million for 10 straight trading days. ”Owners of TTOO stock should try to determine if the firm can avoid bankruptcy. (As of Aug 4, 2023)
@Alvinnnnnnn89: No one can denied how strong is this company!
4. AMC - Buzzing Stars: ⭐⭐⭐⭐
$AMC Entertainment (AMC.US)$ shares weekly % chg rose by 1.22% to $4.93. The company's market cap stands at $2.56 billion. Mattel, AMC Theaters, and Birkenstock are just some of the companies that could benefit from the success of Greta Gerwig's "Barbie."AMC Entertainment Holdings had the best week in its 103-year history in terms of admissions sales thanks to the side-by-side release of "Barbie" and "Oppenheimer," dubbed "Barbenheimer." (As of Aug 4, 2023)
@VDS Options King: AMC Entertainment even though I hate this pos, I might have to average down.
5. TUP - Buzzing Stars: ⭐⭐⭐
$Tupperware Brands (TUP.US)$ shares weekly % chg rose by 34.38% to $4.77. The company's market cap stands at $212.16 million. Tupperware Brands Corporation, a global consumer products company headquartered in Orlando, announced that it has finalized an agreement with its lenders to restructure its existing debt obligations, improving the company’s overall financial position by amending certain credit obligations and extending the maturity of certain debt facilities to allow it to continue with its turnaround efforts. (As of Aug 4, 2023)
@会飞的笨鸟: Total market capitalization of 215 million, turnover of 225 million, bullish.
6. MULN - Buzzing Stars: ⭐⭐⭐
$Mullen Automotive (MULN.US)$ shares weekly % chg decreased by 10.55% to $0.1195. The company's market cap stands at $76.88 million. Mullen Automotive stock slumped nearly 10% on Friday despite the broader averages advancing at a healthy clip. The poor showing comes a day after MULN stock added 12%, closing at $0.1365. The US Nonfarm Payrolls data came in below expectations. This was largely seen as positive by the equity market as it makes a September interest rate hike by the Federal Reserve (Fed) somewhat less likely, and higher interest rates hurt businesses by increasing borrowing costs. (As of Aug 4, 2023)
@The Brown Knight: No news on friday and i believe they have to inform the stock exchange by tuesday if they intend on doing a R/S.
7. AMD - Buzzing Stars: ⭐⭐⭐
$Advanced Micro Devices (AMD.US)$ shares weekly % chg rose by 2.28% to $115.82. The company's market cap stands at $187.13 billion. AMD said it sees an opportunity to develop an artificial intelligence chip specifically for the Chinese market to comply with U.S. export curbs, in a move that would follow rivals Nvidia and Intel. Lisa Su, CEO of AMD, said on an earnings call late Tuesday that China is an “important” market and that the semiconductor giant wants to be fully compliant with U.S. export controls. (As of Aug 4, 2023)
@Ziet Invests: AMD reports decrease in revenue, reveals new AI chip in the making.
8. AAPL - Buzzing Stars: ⭐⭐⭐
$Apple (AAPL.US)$ shares weekly % chg decreased by 4.77% to $181.99. The company's market cap stands at $2.85 trillion. Apple stock has gone on an impressive run, rising some 50% year to date, almost three times the 18% gain in the S&P 500 index. Its shares have returned more than 30% just in the past six months, pushing the tech giant past a $3 trillion valuation. The market is clearly bullish on the company’s growth potential. Investors want to know whether it is time to take profits or if the momentum can continue. Investors are also excited about prospects for the new iPhone 15, which is scheduled to launch in September. (As of Aug 4, 2023)
@Gil Smith: It's telling me I can't sell? It's up 24% now I want to sell, but it says failed?
9. CTNT - Buzzing Stars: ⭐⭐⭐
$Cheetah Net Supply Chain Service (CTNT.US)$ shares weekly % chg decreased by 29.75% to $2.66. The company's market cap stands at $47.66 million. Cheetah Net Supply Chain Service Inc., a supplier of parallel-import vehicles sourced in the U.S. to be sold in the PRC market, today announced the closing of its previously announced initial public offering of 1,250,000 shares of Class A common stock. Each share of Class A common stock was sold at an offering price of $4.00, for gross proceeds of $5.0 million, before deducting underwriting discounts and offering expenses. In addition, Cheetah Net has granted the underwriters a 45-day option to purchase up to an additional 187,500 shares of Class A common stock to cover over-allotments at the initial public offering price, less the underwriting discount. (As of Aug 4, 2023)
@I Love Edgy Waifus: WHERE is bottoms here, that's what I want to know.
10. AMZN - Buzzing Stars: ⭐⭐
$Amazon (AMZN.US)$ shares weekly % chg rose by 8.29% to $139.57. The company's market cap stands at $1.44 trillion. The U.S. workplace safety regulator said Amazon.com Inc has subjected workers at yet another of its sprawling warehouses to hazardous conditions by imposing onerous production quotas and failing to provide proper medical care. The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) on Thursday said workers at the Logan Township, New Jersey, warehouse suffered bodily stress that was causing muscular disorders and neck and back injuries. And Amazon failed to ensure that injured employees received adequate treatment, the agency said. (As of Aug 4, 2023)
@JP_mykayaplus: Amazon - Surprise estimate beater.
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! @cola1010 @Therealramsden @ZnWC @Mcsnacks H Tupack @70718038
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Mcsnacks H Tupack : Here's a real top ten:
$MedAvail (MDVL.US)$
$Biolase (BIOL.US)$
$ParaZero Technologies (PRZO.US)$
$Bruush Oral Care (BRSH.US)$
$HeartSciences (HSCS.US)$
$INVO Bioscience (INVO.US)$
$Shuttle Pharmaceuticals (SHPH.US)$
$Liquid Media (YVR.US)$
$Wang & Lee Group (WLGS.US)$
$Ault Alliance (AULT.US)$
That's as good as they get this week. Party on Mcsnacks. Party on Mooers. Hope you get rich!
Raptor55 : I think Bank of America is one of his favorites! They continue to hold the stock with all the ups & downs, getting lenty of dividends along the way.
Ishah : WE ARE GOING TO SEE TRILLIONAIRES...JB WILL LEAD...
ZnWC : What's Buffett's favorite stock? Have you invested in these stocks?
Berkshire Hathaway (BH)’s portfolio is now dominated by the Technology sector, overtaking the Financial Services sector. Note that BH does not have to disclose short positions, shares in mutual funds, holdings of fewer than 10,000 shares and less than $200,000 aggregate fair market value.
Warren Buffett’s investment strategy centered around the principle of value investing. This approach involves finding undervalued companies with strong potential for growth and investing in them for the long term. Buffett looks for companies with a durable competitive advantage, such as a strong brand, high barriers to entry, or a large and loyal customer base, and invests in them at a price that provides a margin of safety.
His favourite stocks:
Apple
Amazon
Coca-Cola
American Express
Bank of America
Chevron
Occidental petroleum
I didn't really follow Warren Buffett's portfolio but I did bought stocks from Tech and Financial sectors and take long position or hold for long term. Although I can't follow Warren Buffett's investment strategy wholesale, certain good philosophy is still worth to learn from him.
Wilhelm : I think it should be Apple, Buffett owns a lot of shares in Apple. But I don't buy Apple stock because its price is too high. I am now more optimistic about AMD's market performance, they have a forward-looking layout of the future industry, is one of the few companies that can compete with Nvidia, and then intel is now out.
cola1010 : Apple, Amazon, Coca-Cola, American Express, Bank of America, and OP are among Warren Buffett's favourite stocks. I purchased some Apple and American Express stock. I respect Buffett's approach, which emphasises value investing and long-term competitive advantage.