Account Info
Log Out
English
Back
Download
Log in to access Online Inquiry
Back to the Top
Weekly Buzz
Views 213K Contents 618
avatar
Popular on moomoo joined discussion · Dec 30, 2023 09:34

Weekly Buzz: Major indexes close out a big year with a red day

Source: GIPHY
Source: GIPHY
Happy Friday, mooers! Welcome back to Weekly Buzz, where we review the news, performance and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of this week! Answer the Weekly Topic question for a chance to win an award next week!

Make Your Choice

Weekly Buzz: Major indexes close out a big year with a red day
On the last trading day of 2023, $S&P 500 Index(.SPX.US)$ fell short of achieving a new record high, with U.S. stocks closing slightly lower. However, the index managed to extend its winning streak for a ninth consecutive week, which marks the longest winning streak since 2004. Throughout the fourth quarter, the index surged by 11.2%, resulting in a yearly gain of 24.2%. In a remarkable feat, both $Dow Jones Industrial Average(.DJI.US)$ and $Nasdaq Composite Index(.IXIC.US)$ closed out 2023 with significant increases, overcoming challenges such as higher interest rates, a regional banking crisis, and conflicts in Ukraine and the Middle East.
Weekly Buzz: Major indexes close out a big year with a red day
Let's dive into the top buzzing stocks in the community this week:
1. $Tesla(TSLA.US)$ - Buzzing Stars: ⭐⭐⭐⭐⭐
Tesla enjoyed a strong 2023, considering the stock was up over 140%. The Austin, Texas-based company might start 2024 with a bang with an official expansion into India.
@Marco bebawi: See you next year. Thank you for 100% gain looking to double my money again next year.

2. $AMC Entertainment(AMC.US)$ - Buzzing Stars: ⭐⭐⭐⭐
2023 may be over, but Hollywood's painful reckoning isn't -- especially at the box office. This year's holiday season has largely been a lump of coal for the movie industry. Domestic box office receipts for the season starting the first week of November have barely crossed the $1 billion mark.
@John 3 16: That was expected. No squeeze this year for AMC. Still holding my shares. See you in 2024.

3. $NVIDIA(NVDA.US)$ - Buzzing Stars: ⭐⭐⭐⭐
AI-leveraged Nvidia takes the lead with a 239% gain in 2023. The company's AI accelerator chipsets, powering large-language models, have positioned it at the forefront of the tech arena.
@Ultratechman: Yes nvidia is about to lift the market on its back again.

4. $Apple(AAPL.US)$ - Buzzing Stars: ⭐⭐⭐⭐
Apple is strategically seeking to circumvent a ban on its popular watch models while appealing the patent-infringement ruling that led to the prohibition.
@areecep: Don't get caught up in short-term, "get rich quick" schemes. Pay attention to a company's fundamentals and competitive advantage.

5. $NIO Inc(NIO.US)$ - Buzzing Stars: ⭐⭐⭐
NIO has announced new rules for paid battery upgrades that are generally consistent with previous ones, but add restrictions for owners who wish to upgrade permanently.
@philzero: Dont worry be happy, trust the NIO culture.

6. $Mullen Automotive(MULN.US)$ - Buzzing Stars: ⭐⭐⭐
Mullen Automotive, an emerging electric vehicle manufacturer, announced the successful completion of solid-state polymer cell to pack integration for the Mullen ONE Class 1 EV cargo vans.
@Questionable Invts: Will buy again in 2026 by then David Michery will be done with delutaion & hopefully muln be on its way towards buyout by real player in automotive industry.

7. $Alibaba(BABA.US)$ - Buzzing Stars: ⭐⭐⭐
Alibaba Group Holding Ltd Inc's Taobao and JD.com, China's e-commerce giants, are escalating competition in the sector by adopting a "refund only" policy for dissatisfied customers, mirroring a strategy implemented by budget online retailer Pinduoduo since 2021.
@moom lives Cheap with high growth, high margins.

8. $Amazon(AMZN.US)$ - Buzzing Stars: ⭐⭐⭐
While the historical EPS growth rate for Amazon is 7.4%, investors should actually focus on the projected growth. The company's EPS is expected to grow 278.8% this year, crushing the industry average, which calls for EPS growth of 50%.
@ecommerceshares: Amazon partners with Plug Power to install electrolyzers for hydrogen production at its Aurora, Colorado fulfillment center.

9. $Advanced Micro Devices(AMD.US)$ - Buzzing Stars: ⭐⭐⭐
Advanced Micro Devices Inc appears set to release a new low-end graphics card, the Radeon RX 7600 XT, on January 22.
@BrandonnW If AMD is preparing an RX 7600 XT, there are two possibilities. Either it will use the same maxed-out Navi 33 GPU or a stripped-down version of the Navi 32 GPU we see in cards like the RX 7800 XT and RX 7700 XT. Hopefully, the latter is true. Although the RX 7600 is a solid 1080p graphics card, it remains about 30% slower than the next step up in AMD’s lineup.

10. $SIA(C6L.SG)$ - Buzzing Stars: ⭐⭐
Notably, SIA recovered from the pandemic this year, paying dividends of S$ 0.28 per share and S$0.1 per share in August and December, respectively, for a total of S$ 0.38 per share during the year. This resulted in a dividend yield of 5.91%, significantly higher than the 1.56% seen in 2022.
@bullrider_21: This is no window dressing. This is year end rally. Wall Street has been rallying for so long. SG blue chips are also joining the rally.
Thanks for reading!
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.

Weekly Topic
On which stock did you get the most satisfying gains in 2023? Tell us more about it!
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.

Disclaimer:
Any app images provided are not current, and any securities are shown for illustrative purposes only.
This presentation is for information and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. See this link for more information.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
26
1
1
1
+0
16
Translate
Report
149K Views
Comment
Sign in to post a comment

View more comments...

avatar
Popular on moomoo
Moomoo Community Official Account
Bringing you insights, inspiration and the hottest content.
151KFollowers
1201Following
61KVisitors
Follow
More from Popular on moomoo