Aussie Weekly Buzz: Apple, Nvidia, Microsoft Vie For Crown
Hello mooers!!!
Welcome back to AU Weekly Buzz, where we review the news, performance, and community sentiment of the top ten buzzing stocks on moomoo based on search and message volumes! Comment below to answer the Weekly Topic question for a chance to win an award!
Let's dive into the buzzing stocks last week:
NVDA Buzzing Stars: ⭐⭐⭐⭐⭐
$NVIDIA(NVDA.US$ is showing no signs of slowing down, with NVDA stock gaining conspicuously against a down day in the market last Friday.
Nvidia is probably the most important stock in the market right now. While the company currently sits in third place in terms of global market capitalization, shares of NVDA stock have been driving a significant portion of the returns of the overall market for some time now.
@104263297: I do believe NVDA might be the first to surpass $4 billion market cap. Everyone is talking about AI related topic these days such as machine learning and self driving vehicle. Its the future. The data center business is booming due to the increasing demand for artificial intelligence and high-performance computing. Since Nvidia is a leader in AI chips, there's no denying that it can continued staying strong growth in this sector and significantly boost their market cap. Besides, the recent 10-1 stock split has make it more affordable for investors.
AAPL Buzzing Stars: ⭐⭐⭐⭐
$Apple(AAPL.US$ forfeited its No. 1 spot, based on market cap, to Microsoft earlier this year. The iPhone maker also briefly fell into third place this month as Nvidia moved ahead.
The AI boom has catapulted all three mega-cap tech stocks higher, with Apple the latest company to join the AI party with its unveiling of "Apple Intelligence" at its WWDC event last Monday.
Apple reclaimed the top spot as the world's largest company by market cap last Wednesday. Apple soared more than 4% in Wednesday trades, bringing its total market valuation to $3.31 trillion. Since then, shares of Apple have soared 12%.
@kkwong13: Those who sold Apple will regret again, screen out short term trader, hit $230 by the next week. Keep hold for bigger AI growth momentum. There are no direct benefits AI functions, gadget, device features towards 2.2bil users based customers on AI device beside the only One Apple Intelligent.
TSLA Buzzing Stars: ⭐⭐⭐⭐
Tesla shareholders late Thursday approved Chief Executive Elon Musk’s massive pay package by a wide margin, dealing the EV maker an important — if symbolic — victory, and gave the company the go-ahead to reincorporate in Texas from Delaware.
The pay-package vote was advisory only, lacking any legal weight. Tesla shares rose 0.8% in premarket trading Friday, after surging 6.9% over the past two sessions.
@Maniac Fool: Still in the weekly downtrend channel, be careful… be patient… the trend is not yet reversed sigh…
GME Buzzing Stars: ⭐⭐⭐⭐
Multiple meme stocks were volatile during the week, including $GameStop(GME.US$ and $AMC Entertainment(AMC.US$. GameStop shares were up after influential investor Keith Gil, aka Roaring Kitty, shared a screenshot suggesting he had sold his options position in the video game retailer while increasing his shareholding. The company was due to host its annual meeting last Thursday, but postponed it to this week due to technical difficulties.
@Questionable Invts: Not here bash GameStop, Butt if only way company can make money is through playing it's own stock business is destin fail. Honestly, CEO just engaging in stock price manipulation like other graveyard dwellers Bed Bath & Beyond & other bankrupt companies.
AMD Buzzing Stars: ⭐⭐⭐
$Advanced Micro Devices(AMD.US$ have retreated by 24.5% from their all-time high reached in March this year. The pullback is partly down to fears AI expectations have been too high, particularly in closing the gap with industry leader Nvidia. Some investors were also disappointed with the company’s Q1 earnings report, which fell short of robust AI growth projections. Additionally, the stock’s high valuation has discouraged some investors.
@Capoo: I am looking to buy AMD but this price is too expensive now seeing the company loss money and PE ratio at 229, too much expectation, it has to go down further to be fair price as NVIDIA having the monopoly now.
AMC Buzzing Stars: ⭐⭐⭐
$AMC Entertainment(AMC.US$ shares flew to the moon (temporarily) following the return of "Roaring Kitty" on Twitter. However, the stock is down 21% for the year, as AMC warned of a weaker Q2 as strikes slashed the number of film releases in the period. Attendance in AMC theaters fell 5.8% to 30.5 million in the first quarter.
@Chew SW: Many among us are after quick gains, not united enough. we are small retail investors, if we stand united the impact is darn damaging to the giants. so tissue hands, u may make small gains during this period but when amc soar, u will miss out the chance or afraid to buy thinking price is too high cuz in the first place ur mindset is only after small gains.
BHP Buzzing Stars: ⭐⭐⭐
Workers at a BHP Group copper mine in Chile accepted the company’s latest wage offer, putting an end to tense collective bargaining process at an operation accounting for about 1% of global supply.
Strong copper prices this year have not only boosted companies’ profits, but also raised employee expectations. Even after a recent dip, copper has kept its place among the best-performing metals this year, with prices up 27% in the last six months.
@Chii11: yes looking pretty positive for another buy and next div not far away.
MSFT Buzzing Stars: ⭐⭐⭐
As $Microsoft(MSFT.US$ more clearly defines its artificial intelligence strategy, the company’s stock should respond and deliver outsized gains to shareholders.
Microsoft hasn’t exactly been a laggard when it comes to performance. The company’s stock is up 19% year-to-date, matching the gain in the Nasdaq composite index that is dominated by leading technology stocks.
However, Microsoft hasn’t seen the eye-popping growth that other megacap technology stocks have gotten from their association with AI.
@junclj1223: I feel like danger is coming, is Microsoft the next big three? Apple, Microsoft, and Nvidia all take turns in the top three market capitalization positions.
TSM Buzzing Stars: ⭐⭐⭐
Semiconductor stocks have been roaring higher over the past year as demand for AI chips has surged. Foundry giant Taiwan Semiconductor Manufacturing, popularly known as $Taiwan Semiconductor(TSM.US$, has also benefited, clocking gains of 71% over the past 12 months.
@102450266: Current pull back is healthy and will bounce back moving ahead towards 180 and 200 respectively. Patience is require.
BTC Buzzing Stars: ⭐⭐
Bitcoin dropped another 2% last Friday, now exceeding a 10% decline from its highs just more than a week ago.
The cryptocurrency has slowly rolled over after losing its battle with the round-numbered resistance at $70,000 but has now done something that it hasn’t since April 13.
Bitcoin dropped below its 50-day moving average as a result of Friday’s session, marking the first break below that key trendline since mid-April.The move is likely to increase technical selling on the cryptocurrency.
@10baggerbamm: We're bouncing off the lower support on the bollanger band now 66, 200-66,600. if we break through this will probably come down to a support line the moving average on a weekly basis which is going to be right around $62,500.
Awards
Congrats to the following mooers whose comments were selected as the top comments last week!
Weekly Topic
Apple , Nvidia and Microsoft are in a virtual dead heat for the most valuable company, with all three magnificent stocks comfortably above the $3 trillion mark.
Guess who? The first company to hit $4 trillion market cap!
Make your prediction about who you think will take the lead in this billionaires' race!
Comment below and share your ideas! We will select up to 15 TOP COMMENTS for a reward next week. Winners will get 200 points by next week, with which you can exchange gifts at Reward Club.
All comments, links, and content 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 a qualified financial professional for your financial planning and tax situations.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Moomoo Community Official Account
G’day! You’re in the right place!
3874Followers
89Following
3241Visitors
Follow
DouGiee : Definitely NVIDIA, but I will be expecting a correction soon
mr_cashcow : Thanks again for the reward points!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
My guess is $NVIDIA (NVDA.US)$ will become a $4trillion market cap company because of the revolutionary accelerated computing with Nvidia leading the charge
Read more about why in my post: Nvidia to the moon!🚀🚀🚀
JulW21 : All three stocks are blue chips. Nevertheless, base on the public sentinent, I would think Nvidia is currently the most attractive stock after their stock split making it affortable for all retail sellers to own and be a part of the great company.
102362254 : If I were to make a guess, I'd say Microsoft could be the frontrunner in the race to a $4 trillion market cap based on several key factors. With a current market cap of $3.29 trillion, $Microsoft (MSFT.US)$ has been aggressively expanding its presence in high-growth sectors like cloud services and enterprise solutions. Strategic investments in AI and gaming, highlighted by the acquisition of Activision Blizzard, further enhance its growth potential. Given these strengths, Microsoft's diverse portfolio and strong market position suggest it may reach the $4 trillion milestone ahead of its competitors.
ZnWC : Thanks @Moomoo AU for the point![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
The obvious choice is Nvidia due to the large demand in AI chips. But we should mentally prepare that the stock may not hit $4 trillion market cap by the end of this year .
While the market cap is one marker for the company's financial strength, we also have to look at the intrinsic value like PE ratio (FA) and the macroeconomic factors like the Fed interest rate policy to decide if the stock is worth investing for the longer term. If you are a swing trader, the market cap is probably irrelevant.
Many may not realize that you can also invest in Nvidia through ETFs like the S&P500 which can diversify your portfolio - don't put all eggs in one basket.
SneakyBear : Here's my take: I believe $Apple (AAPL.US)$ will clinch the $4 Trillion Title!
Why Apple? Because.......
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Innovative Ecosystem: Apple’s ecosystem is unrivalled, with seamless integration across devices and services keeping customers loyal and driving consistent revenue growth.
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Strong Product Lineup: The iPhone continues to dominate, and the success of the Apple Watch, AirPods, and MacBook lineups adds significant value. The upcoming AR/VR headsets and potential AI projects could be massive game-changers.
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Services Growth: Apple’s services segment, including the App Store, iCloud, Apple Music, and Apple TV+, is growing rapidly and provides a steady stream of high-margin revenue.
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Global Brand Power: Apple’s brand is one of the most recognized and trusted worldwide, ensuring strong sales and customer loyalty even in competitive markets.
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Financial Strength: With a robust balance sheet and substantial cash reserves, Apple has the flexibility to invest in new technologies and acquisitions that could propel it to new heights.
Apple's relentless innovation, strategic diversification, and ability to create and dominate entirely new market segments make it the frontrunner in this thrilling trillion-dollar race.
Hase Investment King : NVIDIA is poised to be the first company to hit a $4 trillion market cap due to its leadership in the AI and GPU sectors, which are driving the next wave of technological innovation. The company's advanced chips are essential for AI applications, data centers, and autonomous vehicles. NVIDIA's strategic investments in AI software and partnerships across various industries further solidify its market position. Additionally, the growing demand for AI and computing power, coupled with NVIDIA's robust financial performance and innovative product pipeline, positions it well for substantial future growth.
AnnYeo God of Money : I guess Apple will reach a $4 trillion market cap first due to its continuous innovation and product diversification, strong financial performance, loyal customer base, global market expansion, advancements in AI and technology, and commitment to sustainability and ethical practices. These factors drive robust sales, investor confidence, and long-term growth potential.
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Apple Intelligence no#1 and can't wait for the new iphone.
105099742 : My guess is Apple.
puddy1 : Microsoft … driven by its dominance in cloud computing and enterprise software and a diverse portfolio like Xbox etc. will depend on navigating challenges from competitors while leveraging strengths in innovation and market reach.
View more comments...