Weekly Buzz | Buffett turned the direction - how did mooers do?
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!
Nvidia shares soared 18.93% last week. The stock started last week with a 4.1% rally, helped by BofA Securities' call that Nvidia was its top 'rebound' pick. Bulls have held the reins since, with the stock closing last Friday up 1.7% to produce a fifth-straight gain. Before last week, Nvidia had tumbled its way into a bear market amid concerns over an investor rotation away from big technology companies and fears that the release of Nvidia's new Blackwell chip may be delayed - a dynamic that sparked worries that the AI bubble was popping. Nvidia is set to release its earnings report following the market's close on August 28.
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@Pollster: 1) now with cpi, ppi , employment data out of the way - bond yields become less attractive as fed is likely to cut 25 BPS;
2) pre nvidia earnings - you already heard from the hyperscalers about the AI investment , this company is one of those generational company - if the guidance is good and earnings are brilliant - dont be surprised with targets of 175 to 200! Join the discussion>>
@Tonyco: Only thing I didn't anticipate with AI was businesses using it for ethically bankrupt reasons, like Kroger using it with facial recognition to provide "personalized" service, remembering everything you buy and using it to dynamically hike prices. Read more & Join the discussion>>
Tesla shares rose 8.06% last week. Elon Musk’s endorsement of Donald Trump following an assassination attempt on the presidential candidate has spurred a rapid rise in Tesla Inc.’s stock. Trump, once a critic of electric vehicles, has shifted his stance following Musk's support. "I'm for electric cars. I have to be, because Elon endorsed me very strongly. So I have no choice," Trump said at a rally in early August, according to Reuters. Musk and Trump engaged in a conversation on social media platform X on last Monday night, where Trump praised Tesla for making "incredible" electric cars. Tesla shares then surged more than 5% on Tuesday.
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Apple shares rose 4.66% last week. Warren Buffett offered more details on Wednesday about the stocks he has been selling lately, including confirming that he sold more than 389 million Apple shares during the second quarter. Despite cutting its Apple stake by half, Apple remains Berkshire's top holding, comprising nearly a third of the portfolio. Also, Apple is reportedly developing a tabletop home device that uses a thin robotic arm to move a large, iPad-like screen, which is expected to function as a central hub for smart home management, a videoconferencing platform, and a remote-controlled home security tool.
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@70729741: The Buffet effect will come out all of the sudden when everything else is good. Like clockwork they wait until you’ve forgotten he sold 50% and they will take it down 5% because Buffet sold weeks ago.not pushing through 225 and holding until after NVDA- Maybe
-> @Huat2888: Again, this is tin can mindset. Thinking that the tin will forever be empty after pouring out. When there's selling there's buying. It's a healthy market. Buffet Out > some other tycoon will come In. It's doesn't leave a Void. Join the discussion>>
@Money Thrill: Apple continues the development of a smart home hub with an iPad-like screen. Bloomberg's Mark Gurman reports this...... The device is currently scheduled to be released in 2026 or 2027 with a suggested retail price that could be around $1,000. Read more>>
$BHP Group Ltd (BHP.US)$ shares dropped 0.97% and BHP.AU shares dropped 2.08% last week. BHP Group is contemplating the divestiture of its gold and copper mining operations in Brazil. These assets became a part of the company's portfolio following the acquisition of OZ Minerals in 2023. Also, it is reported that BHP Group and Escondida Union reached a preliminary agreement on Copper Mine Strike last week.
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@assailed: Now in 30’s again. Chart is telling me it’s the end of an 8 year long commodity super cycle ….or a buy the dip situation
@Peterson111: Workers at the world’s largest COPPER mine in Chile, which is owned by BHP, have gone on strike….They should have striked when copper shot up over US$5/lb because prices have recently tanked 20%, giving them way less bargaining power.
CommBank shares jumped 6.62% last week. CommBank released its latest full-year earnings report last Wednesday. The bank declared its dividend of A$2.5 per share after reporting a $9.84 billion profit. Despite a 2% drop in cash profit and a declining net interest margin, the results met analysts' expectations, leading to a positive share price reaction.
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@Liam Mitchell: The Australian wage price index data will be out shortly. We are expected to see wage growth come in around 4% for the June quarter. Previous stats - 4.1% in the year to March and by 4.2% in the year to December. Looking to see wage growth decline. Remember - this is all key data for RBA
@Skoljil: posted a 6% fall in net profit to $9.32bn which was slightly lower than the $9.5bn expected by the market. The stock held up because the market liked the dividend increase due to the board upping the profit payout ratio to 79%….CBA is a very expensive bank as evidenced by it’s PE of about 22 times, dividend yield of 3.5% and no profit growth.
I found this slide in the results presentation….Unfortunately the end of cash is going to happen before we know it.
Advanced Micro Devices shares surged 10.64% last week. Last Monday, Advanced Micro Devices announced that it completed the acquisition of Silo AI, the largest private AI lab in Europe. By acquisiting Silo AI, AMD intends to strengthen its commitment to deliver end-to-end AI solutions based on open standards.
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@10baggerbamm: we got smooth sailing to 156.. to get there we need AMAT today to knock the cover off the ball and then we need big daddy the 800 lb gorilla at the end of the month they cannot guide downwards and that's my fear that a delay in Blackwell will cause a revision in Q4 and q1 down.
Intel shares rose 5.89% last week. The talks between Japan's SoftBank and Intel about manufacturing chips rivaling those made by Nvidia fell apart in recent months, according to Financial Times. Additionally, S&P Global Ratings lowered Intel's credit rating from A- to BBB+ last Friday, it expects Intel's revenue will be lower over the next two to three years than previously forecasted "as the customer spending environment and competitive dynamics in its core business segments continue to be challenged."
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@CatMeow: My diluted cost is now 25, but I don't want to pump any more money, still a loss for me.
1. To add more money to lower the cost to the current?
2. Just leave it alone and hope the trend rises?
@Moo Queenz: the bottom floor is in.. Around 19.30. Buy buy buy! Long term hold for recovery. The company is turning around.. New lunar lake chips will launch sept 3 to take on AMD and Qualcomm. Expect stock price recovery in a year or two. Patience is needed for this stock.
BTC rose 0.60% last week. On August 14, it was reported by Reuters that investment giants Goldman Sachs and Morgan Stanley had collectively bought over $600 million worth of spot Bitcoin ETFs in the second quarter, according to regulatory filings released on Wednesday.
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@TheMantis: odds are it goes to 61. then back to 58.. and then back to 61 till January. election cycles. wouldn't be surprised to see it break that 65 resistance. time will tell.
@Anthony 27: Bitcoin is Rising‼️ Market is rebounding from last Monday bloody red day‼️ I’m glad that I was able to buy the dip of $Bitcoin (BTC.CC)$ ETF related $iShares Bitcoin Trust (IBIT.US)$ last Monday in which Bitcoin is currently in a strong rebounding shape‼️
Amazon shares rose 6.06% last week. Amazon was seeing heavy buying of call options that give the holders the right to buy the stock at $175 by last Friday. This reflects a rally in the stock, driven by robust U.S. consumer spending that enhances the company's appeal as the leading e-commerce platform.
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@Nathan Hannah: AMZN in case the AI bubble bursts?
@Luzi Ann Santos: $Amazon (AMZN.US)$ is seeing heavy buying of call options that give the holders the right to buy the stock at $175 by Friday. That mirrors the rally in shares amid signs of continued strength among U.S. consumers, bolstering the investment appeal of the largest e-commerce platform. Read more>>
Microsoft shares climbed 3.25% last week. The 13F filings reveal that in the second quarter, Bridgewater significantly increased its stakes in two major holdings, Amazon and Microsoft. Specifically, during the second quarter, Amazon was boosted by nearly 1.6 million shares, valued at approximately $309 million, and Microsoft saw an increase of about 510,000 shares, valued at around $228 million.
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@Invest with Sarge: We already knew that Buffett had cut his long position in $Apple(AAPL.US)$ in half. It appears that Druckenmiller has also reduced his long position in Apple, along with reducing his long side exposure to ...... $Microsoft(MSFT.US)$ , while completely exiting $Meta Platforms(META.US)$ . His sizable bet on small caps in a broad way, is missing, as perhaps he feels that trade has come and gone..... I am long BRK.B, NVDA, and MSFT. Read more>>
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Here's the discussing topic this week:
Will you adjust your portfolio/trading strategy after Buffett announced his portfolio adjustment? How will you do that?
As usual, we will choose up to 15 great comments and send each of the winners 200 points as the incentives. Looking forward to your sharing!
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ZnWC : Thanks for the reward points![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
1) Warren Buffett's psychology of investment is difficult to clone. Although many said he's investing in value stocks and for the long term, retail investors like us don't have the risk appetite to follow it.
2) There are 2 portfolio changes that caught my attention:
1) Apple saw a drastic cut by -49.33% decrease, impacting the portfolio by -20.13%
2) Berkshire Hathaway's cash stockpile now at nearly $277 billion
I think he is being optimistic and cautious amid US Fed rate cut and uncertainty in the geopolitical tension which is within my expectations.
3) My portfolio is made based on my 4D trading strategy - Diversification, Disciplined, Distribution and DYODD. Buffett's portfolio is one of the many indicators I am using for reviewing.
102362254 : While Buffett's portfolio adjustments are always noteworthy, I prefer to stick to a strategy that aligns with my long-term financial goals and risk tolerance. Every investor's situation is unique, and I believe in maintaining consistency rather than reacting to short-term market moves. It's about staying focused on what works best for me over time.
Yi Long Ma : We can all agree Buffett is a renowned investor who has made billions through his investment. However, every investor has their own investment style/strategy. Although he has adjusted his portfolio, I will still remain my trading/investment strategy. Trading/investment should always come from our own decisions and not being affected by others' opinions/adjustment and so on. We shouldn't just follow even if the investor is a sucessful and famous one because in the end, we will have to bear our own consequences.
Wonder : I will be more mindful if Buffet's adjustment relates to the stock I am already holding but I am unlikely to follow suit if the adjustments are for counters I am not familiar with or heard of.
Ultimately, conviction and focus aligned to own goals are more important.
Aaron Invests (AI) Yi Long Ma : If you like Buffett investments just invest in $Berkshire Hathaway-B (BRK.B.US)$ directly rather than follow his style. If you like the leadership of Elon Musk just invest in $Tesla (TSLA.US)$![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
. My 2 cents.
10baggerbamm ZnWC : to touch on what you just said and add a little bit of let's call it color. he is a legend he's one in a billion and he's proven it over and over again. recently the media talks how much cash Berkshire Hathaway is holding the largest as a percentage ever in the company's history and certainly the largest by dollar amount and the fact that they hold more treasury's presently then even the Federal reserve holds themselves. many say well he foresees a downturn in the market he thinks Apple's not going to have a great back half of the year with their a iPhones because they're going to be 1200 1500 dollars and if the economy is slowing people won't spend whatever it is I would throw into the fact that he's entering his sunset years and obviously no one lives forever and Warren Buffett joked about it during this past year at his shareholder investor meeting.. when is his time to depart Berkshire Hathaway stock is going to come down significantly just as when Peter Lynch who was no Warren Buffett but still extremely brilliant when he left Magellan it's never come close ever again in terms of returns to investors. so I would argue that he's preparing for his departure knowing that there will be an enormous selling effect in Berkshire stock and by having so much cash left behind with his trustees who will be running Berkshire Hathaway in perpetuity it will permit them to buy more an average down within their holdings. yes it is a bit morbid to think about this however it is reality and it would not surprise me at all if this vast cash position this huge hoard is anticipating when he's no longer here and the sell-off that will ensue and the fact that they need to have the ability to buy more of the companies that fit their objective in their goals as a result of Berkshire Hathaway stock coming down significantly.
Dadacai : I think it is difficult to copy the moves of institutional investors given the disaparity in financial position, differing objectives and investment time horizon. Probably the best way to capitalise on Buffett’s expertise is to invest in $Berkshire Hathaway-B (BRK.B.US)$ itself?
SneakyBear : In light of Buffett's recent portfolio adjustment, where he sold a significant amount of shares and increased his cash holdings, I’m re-evaluating my own investment strategy. Buffett’s cautious approach, especially in uncertain economic times, is a signal that market volatility may be on the horizon. I'll likely adjust my portfolio by increasing my cash reserves and focusing on sectors that offer more stability, such as high-quality dividend stocks and real estate. Additionally, I’ll be keeping an eye on opportunities in growth stocks that could rebound after a potential market correction.
mr_cashcow : Thanks again for the reward points! Yes I have also followed his footstep and reduce my apple holdings and increasing my cash reserve and also putting more into bond funds![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
010Leo : hard to follow their investments. I monitor what they are selling and what they are buying into. if there's any stocks that attracts me, I'll do further study. they holding more cash now. I also turning to more bond $LionGlobal Short Duration Bond Fund QDis (SG9999002646.MF)$ and dividend funds $Fidelity Funds-Global Dividend Fund MDis (LU0731783394.MF)$ . sg tbills downturn so looking elsewhere once my current bills expire.
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