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Weekly Buzz
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Weekly Buzz | Did you survive the crazy market?

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Moomoo AU joined discussion · 11 hours ago
Hello mooers!!!
Welcome back to Aussie 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!
Weekly Buzz | Did you survive the crazy market?
1. NVDA  Buzzing Stars ⭐⭐⭐⭐⭐
$NVDA.US$ shares dropped by 5.12% last week. Nvidia stock was struggling some time ago, dropping 5% over the past month, but Pelosi isn't worried, Pelosi disclosed buying 10,000 Nvidia shares with a trade value of $1 million to $5 million.  It seems that she sees this as a chance to buy shares at a lower price before they rise again. This could probably imply that Nvidia might be recovering and getting back on track for growth after a recent dip. Also, Morgan Stanley said the stock was back to being a "top pick" after a recent sell-off. Nvidia is set to release earnings Aug 28th.
Mooers Insights:
@Stock Grader : US investors triggered a major sell-off on Wall Street on Thursday set off by fears that the job market is cooling, manufacturing is slowing.
@The Bear: Imma hold proud with that imma told you so stance when that one guy was makin fun of the bears
Weekly Buzz | Did you survive the crazy market?
2. TSLA  Buzzing Stars ⭐⭐⭐⭐
$TSLA.US$ shares dropped by 5.52% last week. Last Monday morning, Morgan Stanley added the stock to its "top picks" in auto firms, replacing Ford. Also, the National Highway Traffic Safety Administration announced a recall of over 1.8 million of the company's vehicles in the United States due to a risk of software failure that may fail to detect an unlatched hood.
Mooers Insights:
@10baggerbamm: I'm at Mohegan Sun in Connecticut at the Tesla store looking at a foundation series cybertruck. it looks really cool from a distance however there's a lot of serious flaws that are to me a deal breaker.
@TiA Wong: VIx appear soothing star + market back to previus resistance . 2020 covid take 10days for market to stable , lets see this time how
3. AAPL  Buzzing Stars ⭐⭐⭐⭐
$AAPL.US$ shares rose by 0.87% last week. Apple reported its fiscal third-quarter earnings on last Thursday, surpassing Wall Street's expectations with an overall revenue increase. Apple's revenue for the quarter was $85.78 billion, compared to $84.53 billion estimated. Earnings per share amounted to US$1.40 a share in the period, exceeding the US$1.35 analysts had estimated. The company expects similar overall revenue growth in the current quarter, according to CFO Luca Maestri.
Mooers Insights:
@101721316: i got a feeling the bottom is around 168 at the end of September.
@CasualInvestor: Fortunately with recent turmoil my options still holding on.
Weekly Buzz | Did you survive the crazy market?
4. AMD  Buzzing Stars ⭐⭐⭐⭐
$AMD.US$ shares dropped by 5.35% last week. Advanced Micro Devices reported second-quarter earnings on last Tuesday that beat Wall Street expectations on the top and bottom lines and showed continued growth in sales of the company’s AI chips.The chipmaker raised its 2024 artificial intelligence chip sales forecast by $500 million and noted that supply constraints would persist through 2025.
Mooers Insights:
@Lefteris: ......even giants like Microsoft can stumble a bit. Their earnings are up, but their cloud didn’t quite have a silver lining this quarter. So, let's give them a break—after all, who among us hasn’t had an off day, right? Read more>>
5. MSFT  Buzzing Stars ⭐⭐⭐
$MSFT.US$ shares dropped by 3.95% last week. Microsoft reported adjusted earnings of $2.95/share on revenue of $64.73 vs. estimates of $2.94/share on revenue of  $64.52B. By segment, Microsoft beat most estimates just barely, with $20.32B in Productivity/business revenue beating estimates by $110M. Azure cloud business revenue growth unexpectedly slowed down in FY24 Q4, accompanied by increasing AI capital expenditures, which has intensified concerns among investors regarding the prospects for significant returns on massive AI investment.
Mooers Insights:
@RetireInStyle: It is a strong stock. Surely can accumulate each time it drops below 400. Wonderful opportunity!
6. META Buzzing Stars ⭐⭐⭐
$META.US$ shares climbed by 4.82% last week. Meta beat market expectations for second-quarter revenue last Wednesday and issued a rosy sales forecast for the third quarter, signaling that robust digital-ad spending on its social media platforms can cover the cost of its artificial-intelligence investments. For the second quarter, Meta saw earnings per share (EPS) of $5.16 on revenue of $39.07 billion. Analysts were expecting EPS of $4.74 on revenue of $38.3 billion, according to estimates compiled by Bloomberg.
Mooers Insights:
@nerdbull1669: I am expecting Meta to continue to grow its stock price as they are in a good position for the next phase of AI cycle.
7. AMZN  Buzzing Stars ⭐⭐⭐
$AMZN.US$ shares dropped by 8% last week. Amazon reported weaker-than-expected revenue for the second quarter and a disappointing forecast for the third quarter, although its cloud division's revenue grew by 19%, beating estimates. It became the latest Big Tech company to underwhelm Wall Street last Thursday as it reported higher capital spending and shrinking margins even as sales at its closely watched cloud computing business accelerated.
Mooers Insights:
@Prof Ho: As I only purchased my Amazon stocks in mid -July where investors appeared increasingly wary of the growth prospect of tech stocks, I thought further decline in the stock prices of tech stock were inevitable (in the short term)...... Read more>>
Weekly Buzz | Did you survive the crazy market?
Weekly Buzz | Did you survive the crazy market?
8. BHP  Buzzing Stars ⭐⭐⭐
$BHP.US$ shares dropped by 2.47% and $BHP.AU$ shares dropped by 0.29% last week. The mining giant announced that it and Lundin Mining have agreed to jointly acquire Toronto-listed copper miner Filo Corp. BHP's total cash payment for the proposed transaction is expected to be $US2.1 billion ($3.2 billion).
Mooers Insights:
@Cocona33: The only issue is that the break up of Anglo will make some parts of it more attractive to other bidders besides BHP so there might be some competitive tension to deal with for the South American Cu assets and Australian Coal. Read more>>
9. INTC  Buzzing Stars ⭐⭐⭐
$INTC.US$ shares sank by 31.48% last week. Intel's earnings report sent the stock hurtling down a lot. The firm reported an EPS of just 2C, which was 80% lower than estimates; it was the lowest-reaching stock on the S&P 500 and Dow Jones. The company also announced it would lay off more than 15% of its workforce as part of a $10 billion cost-cutting initiative.
Mooers Insights:
@undeadgamedreaming: Not surprise at all, people published Intel cpu crashing problem on 2/23/2024. You can not buy stock without knowing the company's product.
@Moo Queenz: It will take time for them to recover. Buy in if you have the patience to hold this stock for 3 to 5y very long horizon and await the stock to hit 40 or 50.
Weekly Buzz | Did you survive the crazy market?
10. TSM  Buzzing Stars ⭐⭐
$TSM.US$ shares declined by 7.46% last week. Taiwan Semiconductor Manufacturing Co. is set to conduct a groundbreaking ceremony in Dresden, Germany, marking the establishment of its inaugural European facility. This event, scheduled for next month, represents the latest chapter in the company's journey as the leading semiconductor producer.
Mooers Insights:
@Mr Long Term: The stock carries a significant geopolitical risk. Still, the benefits of owning it far outweigh the risks, which is why this pullback is a premier buying opportunity for long-term investors.
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 | Recap for the bleeding US market last week:
Don't be upset if you're not awarded. Join the discussion below and get another chance!
Weekly Topic
What are the most profitable & loss-making stocks in your portfolio?  Share your next-step strategy with us and get the incentives!
Weekly Buzz | Did you survive the crazy market?

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Weekly Buzz | Did you survive the crazy market?
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  • steady Pom pipi :

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  • CasualInvestor :

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  • mr_cashcow : Thanks again for the reward points[undefined]The strategy now is to hoard more cash like I'm hoarding reward points[undefined]

    [undefined]have hit the fan and it seems to have triggered a massive sell off resulting in a sea of red, may be good to keep more cash reserve in money market funds[undefined]

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  • 102362254 : Eli Lilly has been my top-performing stock, consistently delivering strong profits. $BABA.US$ has been my least profitable investment so far. I'll continue to keep a close watch on market trends and financial news to guide my next moves. I might consider reassessing my investment strategy to reduce risk and hold onto more cash.

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  • ZnWC : Thanks for the reward points [undefined]

    I am a long term investor hence my portfolio is prepared for such a "crazy" market situation. First, the amount of Emergency funds will determine how long I can hold to wait over the bear market. Second it is important to manage mental well-being and avoid panic selling (fear) or fomo buy (greed). Third I am looking at investment beyond H2 to next year. The current setback is just book value. I am looking at buying options to protect my bottom (at calculated risk). Short selling or leverage swing trade is definitely NO to me.

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  • DouGiee : thanks for the points

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  • Dadacai : My best performing stocks are the local banks. I’m not so worried when their value drops in the short term. I think there are bargains to be had so will be keeping cash for when that happens.

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  • Wonder : A calendar spread with max loss of $150 has turned haywire. At pt of closing the short leg with loss would have yield profit on the long leg with net profit 1k, but the sudden huge change in sentiments resulted in not being able to close the long leg simultaneously in time. Disastrous results!
    For stocks, I will hold for LT. For now, the roller coaster is one way down. FIB retracement levels all hit!

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  • quekky : today drop 10% [undefined]

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  • veloos : thanks

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  • steady Pom pipi : $TSLA.US$      with$NIO.US$    
    Avoid Chinese securities unless you want to have nothing[undefined][undefined][undefined]
    Tesla is a leader in the industry, and the focus is that it has great potential for future development; it is my only choice.[undefined][undefined][undefined]
    DCA is my strategy. Recently, the stock market has experienced a sharp systematic decline, and losses are inevitable. Buying relatively stable and reliable stocks can make more profits in the future.[undefined][undefined][undefined]
    The stock market is likely to fluctuate greatly in the second half of the year. Interest rate cuts and the US election, plus the events of the war.[undefined][undefined][undefined]

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