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Weekly Buzz | Bitcoin breaks $90K barrier, what's your take?

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Moomoo AU joined discussion · Nov 18, 2024 17:04
Hello mooers!!!
Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the top 10 buzzing stocks on moomoo based on search and message volumes last week!
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Weekly Buzz | Bitcoin breaks $90K barrier, what's your take?
This week was the first full trading week after the presidential election, and the market continued to respond positively to President-Elect Donald Trump and watched as the GOP won a majority in the Congressional House and Senate.   Read more>>
Congrats to these mooers who gained big in $Coinbase (COIN.US)$ trading! @nerdbull1669 @ezohtiek @liquidityHunter   @GameOverBro @z_Axel_Z
Weekly Buzz | Bitcoin breaks $90K barrier, what's your take?
Stock Analysis
1. $Apple (AAPL.US)$ Buzzing stars ⭐⭐⭐⭐
– UK consumer rights group launched a near £3-billion legal claim against Apple on Nov 14, saying the US tech giant locked millions of customers into its cloud storage service. Apple breached UK competition law by giving its iCloud storage service "preferential treatment" and therefore "trapping" customers with Apple devices into using it to store photos, videos and other data. Around 40 million Apple customers in the UK who have used iCloud over the past nine years could be entitled to a payout if the claim is successful, the consumer rights group said.
– U.S. institutional investors' 13F reports are rolling in, showing that Warren Buffett's Berkshire Hathaway has reduced its stake in Apple to 30 million shares, valued at $69.9 billion; meanwhile, Bridgewater and BlackRock have increased their holdings in Apple.
– In Q3, Apple $Apple (AAPL.US)$ ranked second in China's tablet market with a 26.2% share, marking a 7.4% decrease in market share.
💡 mooer's insights
@70158615: $Apple (AAPL.US)$ time to pickup some Applessssss🥰🤲🎉🎉🎉🎉❤️❤️❤️❤️💚✅🍏🍏🍏🍏🍏
Weekly Buzz | Bitcoin breaks $90K barrier, what's your take?
2. $Futu Holdings Ltd (FUTU.US)$ Buzzing stars ⭐⭐⭐
– HHLR Advisors, the fund management entity under Hillhouse focusing on secondary market investments, increased its holdings in Futu at the end of the third quarter in the U.S. stock market.
– Futu Holdings will announce its Q3 FY2024 earnings and hold the conference call on November 19th at 7:30 AM ET.
💡 mooer's insights
@Budgetmania$Futu Holdings Ltd (FUTU.US)$ it's now a game of patience. this is gonna stretch. till one side gives up. shorties stand to lose more when it comes to time. prepare to load buy upon strong reversal.
3. $BHP Group Ltd (BHP.AU)$ Buzzing stars ⭐⭐⭐
– BHP responsed to media reports that a lower Federal Court in Brazil ruled that, along with Vale and other entities, BHP Brasil was not liable for criminal offences relating to the failure of the tailings dam.
– BHP unveiled plans to significantly raise investments in their Chilean operations, with a focus on the world’s largest copper mine, Escondida. The move, which entails the company spending at least $7 billion, is aimed at increasing metal recovery to maintain its leading copper production levels.
💡 mooer's insights
@Liam Mitchell: Can always predict , but we don't always get it right.The Trump factor may well be different this time.2016 his focus was tax and deficit spending, which was good for US markets .Take from the poor and give to the rich.This time it is tariffs , which regardless of its effect on markets in the US , unlikely to be great for the OZ economy.BHP is a buy , if it doesn't go down.BHP has often been a good little earner , and it will certainly outlive us all , but plenty of extended periods when it has been a dog.If you have been lazy , like me . and held for a few decades , at present , you are doing ok .But , ask the question at a few other times , maybe not.
@gbsurfer: I got $40.065 today. Either way it's good buying imo.Market will realise world's not going to end with a few tariffs. Dividend pretty healthy here imo, I'm frontrunning the risk of rate cuts next year. There's going to be a rush for yield if we get a rate cutting cycle. Financials look stretched imo, but commods and consumer staples (WOW/COL) is where I'm looking for this play.
4. $Advanced Micro Devices (AMD.US)$ Buzzing stars ⭐⭐⭐
– AMD decided to lay off about 1,000 employees, which is 4% of its global workforce, in order to compete with NVIDIA in the IDC concept chip market.
– In the third quarter of 2024, AMD surpassed Intel in data center revenue for the first time, thanks to its success in the data center accelerator market. In just this quarter alone, AMD's data center GPU business exceeded $1.5 billion.
💡 mooer's insights
@pootpoot: $Advanced Micro Devices (AMD.US)$ probably a couple of scenarios possible for today. 1) small pullback but closing at the borderline of pennant (140.8+/-)2) continue to drop towards 135-136.3) reversal closing have to be 144.8 or above. breaking hourly/4hour descending channel. probably a corrective move for a longer run ahead. i think that the dips are buyable. indexes are fine, VIX is low. i would add more if it hits 135-136.market open if it cant break or hold 140, get your puts!!
@win journey: $Advanced Micro Devices (AMD.US)$  normally when a company cut manpower the operation cost will reduce and the company share price will go up. can AMD do the same ? tp $170
Weekly Topic
Last week, the cryptocurrency market saw some exciting movements, with Bitcoin ranking among the top 3 performers and Dogecoin also garnering significant attention.
This week, the economic calendar is light, but NVIDIA's earnings report after Wednesday's close will be crucial for market sentiment.
Question: Which sector do you think will see the most significant AI-driven transformation in the next decade? Why?
Share your insights in comments. We'll select 15 mooers with the most engaging ideas and reward 200 points next week.
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Weekly Buzz | Bitcoin breaks $90K barrier, what's your take?
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Moomoo AU
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