Weekly Buzz

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Aussie Weekly Buzz: Incidents of Tech and Candidate

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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!

Aussie Weekly Buzz: Incidents of Tech and Candidate

1. NVDA Buzzing Stars ⭐⭐⭐⭐⭐

$NVIDIA(NVDA.US)$ dropped 8.75% last week. The sharp decline in the semiconductor sector last week was mainly due to ongoing style rotation in the US stock market. Market sentiment was also affected by news of tighter restrictions on China's chip trade, comments from former President Donald Trump, and lower-than-expected earnings guidance from ASML. Nvidia is expected to announce its fiscal second-quarter earnings on August 28.

@frogoracletrading

116.50 needs to hold or we could see a large move down. Open GAP at 122 to the upside. Here are the levels to watch.

@Dr Evil

If you are long term, stay put. If you are short term(FUD), exit and play with something else. This stock is meant for big player. Don't keep comment here telling people how FUD you are.

2. TSLA Buzzing Stars ⭐⭐⭐⭐

$Tesla(TSLA.US)$ dropped 3.64% last week. As Trump's chances of winning the 2024 US presidential election increased, Tesla may become a beneficiary of Trump's campaign. Market analysts believe that Trump's election may result in higher tariffs on Chinese electric vehicle manufacturers, which could be a good thing for Tesla. Tesla is set to release its Q2 earnings report after the market closes on July 23. Consensus estimates suggest a year-over-year decline in revenue of 1.46%, but a quarter-over-quarter increase of 15.32%. Adjusted net income is expected to decline 21.01% YoY but increase 39.02% QoQ, while diluted adjusted EPS is expected to decrease by 34% YoY but increase by 33% QoQ.

@Dr DT

......price may bounce up anywhere between 220 to 190. Personally I will exit my short at 218 and move on to others. Many other stocks can make profit as well. No need to be greedy with any one stock. Anyways just my personal view to share for those that are asking. Just keep in mind this is my personal view and can be wrong. Nothing is absolute. Good Luck to all.

3. AAPL Buzzing Stars ⭐⭐⭐⭐

$Apple(AAPL.US)$ declined 2.70% last week. Last Monday, Apple shares surged to a record high after analysts from Loop Capital and Morgan Stanley raised their price targets, citing the company's strong position in AI. Loop Capital upgraded Apple stock to "buy" and increased their price target to $300, highlighting the potential impact of generative AI with new iPhones. Morgan Stanley analyst Erik Woodring saw it as a catalyst for a multiyear product upgrade cycle and he raised his price target for Apple by $57 to $273 per share. Apple will release its financial results for the third fiscal quarter on August 1st.

@FrancisTan_陳政

Take a wait-and-see approach. I remain bullish.

@Hate da Playa

......I believe this baby has more upside room to run up...... Cash out partially now while hedging bets for slightly more profit over a 1 or 2 year window. After that.. Do not encourage buying......

4. DJT Buzzing Stars ⭐⭐⭐⭐

$Trump Media & Technology(DJT.US)$ shares up over 13% last week. In 2021, after being banned by Facebook and Twitter, Donald Trump founded the Trump Media & Technology Group. In 2022, the company launched a social media platform called "Truth Social," similar to Twitter. In March 2024, the company went public on NASDAQ through a merger with Digital World Acquisition Corp. Trump Media & Technology shares soared 30% Monday as traders reacted to the attack on Donald Trump after the former president survived an apparent assassination attempt.

@OhNowGombie:

$Trump Media & Technology(DJT.US)$ will necessarily become the greatest meme stock ever! Has nothing to do with financials, which arent as bad as the other meme stocks…

@Ma-Ke-Mo-Ney

......he's now focusing on being elected on the big day. The rest of these days are some speculations, manipulations, and predictions. If you are in short term to this stock , get in your right time and get out for your humble profit.

5. TSM Buzzing Stars ⭐⭐⭐

$Taiwan Semiconductor(TSM.US)$ dropped over 11% last week. Before the market opened on July 18th, TSMC released its Q2 earnings, with revenue reaching NT$247.8 billion, exceeding expectations and achieving the fastest growth since 2022. The company also raised its full-year revenue growth forecast, as demand for its advanced chips continued to surge amid enthusiasm over artificial intelligence. Also, TSM was also affected by news of tighter restrictions on China's chip trade last week.

@MomentumPython1337

......if it drops below this then expect to see further drops for the short term. I'm here to invest not trade for TSM so the only reason I'm watching is to decide when to add more positions because I'm sitting on a lot of cash after taking profits on my positions

@nerdbull1669

From the last week movement, I am not seeing that, so I would be monitoring the price action closely today (15 July) to see if there is a signal and confirmation of a nice gap up post earnings for TSM.

6. MSFT Buzzing Stars ⭐⭐⭐

$Microsoft(MSFT.US)$ dropped 3.62% last week. The global tech outage on last Friday caused by a CrowdStrike software update impacted approximately 8.5 million devices globally that run on the Microsoft Corporation's Windows system. This incident has highlighted a heavy reliance on a few key companies. Microsoft will release its fourth quarter earnings report after the market closes on June 30.

@Alpha BVA Ventures

Lots of people got shocked by what has happened towards the airline, banking etc industries after todays outage. Then run fearing a negative downfall. I look at this in a different perspective, this shows how strong the company really is. how many large and small companies rely on MSFT’s services and products. Without microsoft, there would be a huge chaos and the world would be a different place to live in.

7. AMD Buzzing Stars ⭐⭐⭐

$Advanced Micro Devices(AMD.US)$ dropped over 16% last week. Semiconductor stocks suffered a brutal sell-off on Wednesday, after a Bloomberg report that President Biden considered punishing chipmakers if they kept trading chips to China. Melius Research, a well-known Wall Street investment firm, released a report stating that "latecomers" like Intel and AMD in the AI field may lead a new "AI investment frenzy" in the second half of this year with their specific strengths in certain areas. Advanced Micro Devices will release its second quarter earnings report after the market closes on June 30.

@Mr Long Term

When it comes to investing in AI stocks, Nvidia is the top player, but it may seem counterproductive to overlook Advanced Micro Devices $Advanced Micro Devices(AMD.US)$ . AMD has a knack for catching up with competitors and is becoming a significant player in the AI chip market.

@ISTJ

......it doesn’t make sense that the restriction order for $ASML Holding(ASML.US)$ should affect $Advanced Micro Devices(AMD.US)$ and $NVIDIA(NVDA.US)$, they are not in the same business as ASML and the restrictions for AMD and NVDA were already made long time ago. In fact, it may even indirectly benefit them as in China may have more demands for AMD and NVDA’s mid-low end chips since they won’t be able to buy new Lithography systems from ASML.

8. BHP Buzzing Stars ⭐⭐⭐

$BHP Group Ltd(BHP.AU)$ declined 3.78%, and $BHP Group Ltd(BHP.US)$ dropped 6.11% last week. During the week, it announced an operational review for the year ended 30 June 2024, which shows BHP met its financial year 2024 production guidance for all commodities, with metallurgical coal reaching the upper end of its revised forecast. Also, BHP announced the cessation of its unprofitable Australian nickel operations until at least the beginning of 2027 this month, in response to a worldwide excess of nickel that has disrupted the market. By the way, BHP will release its financial results for the second half of FY24 before the market opening on August 27.

@Skoljil

I seriously can’t believe CBA is now trading on a whopping PE ratio of 22.49 times profit which is double that of BHP. In other words, on a profitability basis CBA is currently twice as expensive as $BHP Group Ltd(BHP.AU)$ ….And comparing dividends: CBA is paying 3.5% while BHP is likely to pay around 9%.

@OB1KENOB

FY24, it's official - $BHP Group Ltd(BHP.AU)$ slayed the game with operational brilliance! 🚀 They not only met but exceeded all production goals, leaving everyone in awe! 😲 Iron ore production? They set a record, folks! 🏆 And copper? The highest yield in over a decade and a half? Talk about a coppery-colored victory! 🥇 It's like BHP's got its own superhero cape on, soaring through challenges and delivering results that are out of this world!

9. BTC Buzzing Stars ⭐⭐⭐

$Bitcoin(BTC.CC)$ surged after former President Donald Trump was shot last week. The current logic behind Bitcoin's upward trend appears to be well-supported, whether it is due to the boost in valuation of risk assets from interest rate cuts, the digital gold's safe-haven properties, or Trump and his Vice Presidential candidate Vance's lenient attitude towards financial regulation and embrace of digital currencies. In the medium to long-term, Trump's fiscal stimulus policies are also favorable for Bitcoin's narrative of hedging against currency over-issuance and risk. Despite Trump's recent injury, Trump plans to personally speak at a Bitcoin conference in Nashville later this week.

@Jerry Kronenberg

BTC gained as much as 4.6% to a $66,499 intraday high Friday. The crypto has recently been rebounding from a sell-off last week that followed word the trustee liquidating crypto exchange Mt. Gox – which collapsed in 2014 – would soon pay out $9 billion of Bitcoin to the firm’s customers. Bitcoin initially fell on the disbursement news, apparently on the assumption that many recipients would sell the Bitcoin that they receive and push market prices down.

10. AMZN Buzzing Stars ⭐⭐

$Amazon(AMZN.US)$ dropped 5.84% last week. Amazon's Prime Day on July 16-17 saw record-breaking revenue and an all-time high in the number of customers registering for Prime in the three weeks leading up to the event. However, Amazon's stock price performed badly recently, this may be due to a shift in market sentiment towards small-cap stocks, following recent events such as the increasing odds of Trump winning the election and growing expectations of rate cuts. Amazon will release its Q2 earnings report after the market closes on August 1.

@10baggerbamm:

$Amazon (AMZN.US)$ well the concern about Amazon's prime not being up to snuff because the consumers tapped is completely untrue because you can read the results for yourself. so what are we witnessing because reality is it should be trading higher and it's down three more dollars. I think we are se...

Awards

Congrats to the following mooers whose comments were selected as the top comments last week!

The selected TOP comments to win the reward for Aussie Weekly Buzz: Market heated up. Are you ready? last week:

@ZnWC @Mr Long Term @102362254 @mr_cashcow @Hase Investment King @AnnYeo God of Money @HakkaLil @Will AU @SWIFTY4LIFE @Rise06

The selected TOP comments to win the reward for ASX 200 surpassed 8000 - Is it a new start for AU market? last week:

@mr_cashcow @Shirrrrrrley @151878428 @Cashmair

The selected TOP comments to win the reward for July Effect: How to seize the wave in the best month to be invested? last week:

@ZnWC @JulW21 @Wonder @SneakyBear @steady Pom pipi @010Leo @Hase Investment King @AnnYeo God of Money @151453268 witso @HakkaLil

Weekly Topic

Have you switched your investment strategy after Joe Biden dropped out of the 2024 US presidential 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.

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mr_cashcow : Thanks again for the reward points

Personally, I think it is still too early to make any decisions as the election is still months away and so much can happen from now till then. Also if u have invested in large companies with a good foundation then they should be able to weather through any political party no matter who wins

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102362254 : No, I haven't changed my investment plan since Biden withdrew from the 2024 US presidential race. I'm sticking with my strategy by regularly investing in good stocks and buying more when prices dip. My approach remains unchanged because good companies are still worth investing in.

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steady Pom pipi : If you follow Trump, most likely he will be elected. More caution and sensitivity is needed, because Trump is a businessman who is good at manipulating the economy.
I mentioned in another post:
“Terrible” - this is my impression of Trump.
The common saying is amazing. The stock market may fluctuate greatly, just because of his words.
Avoiding industries that Trump hates, I think the stocks most affected are China Securities and American companies that have set up factories in the US.
Musk's words will influence Tesla stock trends, and Trump's words will affect the overall stock market trend. This is a little devil and a big devil.

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Jeanel steady Pom pipi :

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ZnWC : Thanks for the reward points

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Yi Long Ma : A week after an assassination attempt on Donald Trump, Joe Biden said he will not seek reelection and endorsed Vice President Kamala Harris to become the Democratic nominee.

Although this is a bit of a headline news, I dont think the market has reacted much towards the news so far. For me, I feel that it's still abit too early for a switch in investment strategy. Not for now, but it depends further later in the coming months.

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