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Weekly Buzz
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Weekly Buzz: Stocks retreat after records, inflation rears its ugly head

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!
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Weekly Buzz: Stocks retreat after records, inflation rears its ugly head
U.S. stocks eased Friday on renewed inflation fears, with the major indexes snapping a five-week winning streak.
The $Dow Jones Industrial Average (.DJI.US)$ finished the week down 0.42% in five days. The $S&P 500 Index (.SPX.US)$ fell 0.11% overall but remained five points above the 5k mark.   Meanwhile, the $Nasdaq Composite Index (.IXIC.US)$ fell 1.34% for the week.
Stocks fells after the January U.S. Producer Price Index showed wholesale prices rose 0.3% last month -- the biggest increase in five months and surpassing economists' expectations for a 0.1% uptick. Core wholesale prices, which exclude food, energy and trade margins, saw an even bigger rise in January, climbing 0.6% for the largest monthly jump in a year.  The report hurt stocks as the 10-year U.S. Treasury yield rose 4.5 basis points to 4.285%.
The PPI report wasn't the only economic data released this week. Tuesday saw the release of CPI alongside a roscketing $Arm Holdings (ARM.US)$ on earnings. Indexes opened lower following a similarly too-hot-to-handle inflation report, at 3.1% compared to 2.9% expected. The S&P 500 beat the 5,000 mark, but traded flat and down on increasingly high inflation data.
Markets now expect rate cuts in June, and no cuts are expected in March.
Bitcoin rose all week, over $50k and above $52k for the first time in two years.
Earnings were big movers this week in both directions. Lyft jumped 34% even after their margin report was corrected to a lower 0.5% increase expected this year.
Retail numbers for January fell 0.8%, as reported Wednesday. Coinbase was surprised with profit after the market closed and rose Thursday.
Let's dive into the weekly buzzing stock list this week:
Weekly Buzz: Stocks retreat after records, inflation rears its ugly head
1. $Tesla (TSLA.US)$ - Buzzing Stars: ⭐⭐⭐⭐⭐
Tesla led the EV market into a price-slashing competition. Kelley Blue Book says that model Y prices fell by 20% from January 2023 while overall U.S. car prices fell 3.5%. The average U.S. price of a new EV in January was $55,353, down 10.8% from January 2023, Kelley Blue Book said Tuesday. However, that is 3.2% higher than the December average of $53,611, the lowest average price for an electric car in the past 12 months.
@TriệuTửLong32: power hourrrr here we go, breaking VWAp puts about to pop.
2. $NVIDIA (NVDA.US)$ Buzzing Stars: ⭐⭐⭐⭐
Nvidia will announce quarterly results next week, and once again the year-over-year comparisons will be astounding because the company continues to dominate the market for graphics processing units (GPU). This was a new market last year as data centers scrambled to deploy GPUs and related hardware to support their corporate customer's build-out of artificial intelligence technology.
@AGP: is there a need to be worried here? just witnessed $Super Micro Computer (SMCI.US)$ fall from the sky
3. $Beamr Imaging (BMR.US)$ - Buzzing Stars: ⭐⭐⭐⭐
Shares of $Beamr Imaging (BMR.US)$ and $NVIDIA (NVDA.US)$ each touched all-time highs Monday after the companies partnered to accelerate the adoption of a new video standard, AV1.
@70125061: I guess this is getting attention now
4. $Arm Holdings (ARM.US)$ - Buzzing Stars: ⭐⭐⭐⭐
$Arm Holdings (ARM.US)$ shares are pulling back after a rally Wednesday that almost doubled the chip designer's market value to more than $150 billion on Monday, from less than $80 billion before it reported earnings less than a week ago.
@Master Corgi:  time to short hehehe
5. $Super Micro Computer (SMCI.US)$ - Buzzing Stars: ⭐⭐⭐
Is it too late to buy shares of $Super Micro Computer (SMCI.US)$, which have surged about 180% over the past month and rocketed some 900% over the past 12 months? According to BofA Securities analyst Ruplu Bhattacharya, who initiated coverage Thursday of the server maker's stock with a buy rating and $1,040 price objective. He said investors may not fully appreciate Super Micro's potential.
Friday, the stock pulled back 20% from its winning streak.
@73855414: Just poured a coffee. This should be entertaining.
6. $Palantir (PLTR.US)$ - Buzzing Stars: ⭐⭐⭐
$Palantir (PLTR.US)$ stock flew after the company's well-received earnings report last week, totaling their year's gain to 45%. On Wednesday, Stephen Bersey, head of technology research at HSBC Global Research, cut his rating on Palantir shares to Hold from Buy, while keeping his $22 target price, or about $3 below recent levels. Thanks to the ongoing rally, he worries about the stock's heightened valuation.
@isaacwcr: eh pls go up pls
7. $AMC Entertainment (AMC.US)$ - Buzzing Stars: ⭐⭐⭐
Shares of $AMC Entertainment (AMC.US)$ ended Monday's trading up 4.1% as the stock extended its winning streak to three days - its longest-such run since a four-day streak that ended on Dec. 28, 2023. The stock is up four of the past five days, and short interest as a percentage of AMC's public float of shares was 10.91% on Monday.
@Ape Power: here's a small dip before 5
8. $MARA Holdings (MARA.US)$ - Buzzing Stars: ⭐⭐⭐
Crypto-related stocks like $Coinbase (COIN.US)$ and $MARA Holdings (MARA.US)$ traded sharply higher Wednesday as Bitoin rallied as much as 5.5% to as high as $52,079 to its highest price in two years. As Bitcoin passed the $51,000 price point Wednesday, it reclaimed $1 trillion in market capitalization, a level not seen since 2021.
@gentle Hedgehog_6493: bitcoin cross$52k mara cross 52 week high.?
9. $SoundHound AI (SOUN.US)$ - Buzzing Stars: ⭐⭐⭐
$SoundHound AI (SOUN.US)$ shares ripped more than 50% higher Thursday after AI darling $NVIDIA (NVDA.US)$ reported a stake in the company. SoundHound began surging shortly after the market close on Wednesday as traders circled a new 13-F filing from Nvidia in which the company disclosed a 1.73 million share stake in SoundHound.
@74164542: Earnings on 3/5
10. $NIO Inc (NIO.US)$ - Buzzing Stars: ⭐⭐
NIO had the biggest month-on-month increase in understanding the changes in the Q4 positions of large institutions in China Securities in '23. In contrast, Pinduoduo had the biggest increase in the market value of their holdings.
@piggycow: when other EV rise.. Nio rise like ant crawl.. but when there's a dip, Nio has the highest drop
Thanks for reading!
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Weekly Topic
Inflation numbers looked high this week. How do you price in the threat of Fed interest rate decisions?
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  • 102362254 : High Inflation numbers can impact the stock market, especially when considering the Fed interest rate decisions. Investors usually anticipate interest rate adjustments as a tool to mitigate inflation. Pricing in these threats involves assessing market sentiment, economic indicators, and Fed communication. We can employ diversification, hedging strategies, and staying well-informed to navigate such uncertainties.

  • Shootingstar : Biden keeps proposing bills in the billions of dollars for war. The only way they are going to get this money is either to print it as the middle class is already drained out by now from taxes and already absurd prices. The more money is printed the lesser the dollars value is but to keep the dollar strong with fdic strategy on bonds and other methods the price of things go up instead making the so called inflation data high or rise. The real question is after the bill is passed and money is printed. Whoes pocket is the money going to?

  • 103995812 : Noticed that 20MA is abt to cut 50MA from below and if it happens stock price will be spiked up to the next level (>30s) as hv happened in Jan & Nov23 (doubling in prices). So watch carefully next week.​

  • 104453859 : $Advanced Micro Devices (AMD.US)$

  • HuatLady : This week. inflation numbers surge, prompting increased caution in consumers and businesses spending due to raising interest rates and economic downturn [undefined] [undefined].This caution is leading to a decline in stock earnings as well.

    As a long-term investor, I prioritize stability, which is why I am holding onto my portfolio of blue-chip stocks. These  stocks offer reliability, especially during uncertain times [undefined] [undefined]. While I am closely monitoring the market, I am prepared to seize opportunities when prices dip, relying on patience and strategic decision-making to maximize gains.  [undefined] [undefined] [undefined]

  • HuatEver : The recent surge in inflation figures has been notable, prompting concerns among investors. [undefined] [undefined]However, amidst this economic turbulence, there exists a silver lining for conservative investors like myself: the opportunity to capitalize on higher interest rates offered by many banks. As someone who relies on fixed deposit income, I view this situation as a fortunate turn of events, allowing me to mitigate the impact of inflation and secure stable returns on my investments. [undefined] [undefined] [undefined] [undefined] [undefined] [undefined]

  • SpyderCall : After the huge rally in the major indices, it seems as if the open market has priced in massive upside based on the expected rate cuts. With the excessively hot PPI and CPI readings, investors have seemingly priced in faster and larger rate cuts than what is realisticly possible. The fact that gas and oil prices have been on an upward trajectory for several weeks tells me that inflation might not drop as much as the Fed is hoping. A correction in the markets may be warranted if inflation remains at these high levels.

  • 小trader : In response to the recent high inflation numbers, I perceive the US economy as remarkably robust and resilient. Both the Consumer Price Index (CPI) and the Producer Price Index (PPI) exceeded expectations. It seems that the market had previously factored in swifter and more pronounced interest rate hikes than those communicated by Fed Chair Powell, and I anticipate these expectations will soon be recalibrated.

    Moving forward, I will closely monitor economic data releases, particularly those pertaining to inflation indicators, employment statistics, and GDP growth. Various investment banks offer differing expectations and predictions on how to approach the threat of Fed interest rate decisions. Personally, I aim to construct a balanced portfolio to navigate the current challenging market environment.