Weekly Syrup: Crypto is again critical?
Hey mooers! ![]()
As Bitcoin's upward trend persists, traders should be cautious of two frequent errors in hot markets. First, some may be overly sensitive to market signals, anticipating a major downturn too early. Second, others might rush into decisions, caught off guard by the market's momentum. Both these reactions - premature caution and impulsive action - can lead to missteps in a bullish environment. If you want to further navigate the current bullish trend and identify opportunities, check out this piece from one of our great mooers!
How to find related stocks? Click here or the picture to check them directly>>
But before other recaps, let's look at something different:
What's Moo'ed?
"What's Moo'ed" is a space that captures fun, newsworthy, jaw-dropping and sometimes confusing (lmao) news clips for mooers so that you know this is a colorful world (or a weird and speechless one).
1. King of all the fruits ![]()
At a Sotheby's auction in New York, Maurizio Cattelan's artwork "Comedian" (a real banana duct-taped to a wall) sold for an astonishing $6.2 million, far exceeding expectations. Apple will feel jealous for sure. They need to sell many iphones to earn the same number. And the best thing they can do is to keep the doctor away.
2. Home, sweet home ![]()
A recent viral video claims to show AI robots being convinced by another bot to abandon their jobs, an event reportedly occurring in August. Even AI needs work life balance. But what can they do when they are not working? "AIrrors"?
3. OMG ![]()
A Swiss church employs AI Jesus hologram for confessions, as shown in a viral video, pushing AI's role into religious practices. Now it looks like that at the end of theology is science. And the god is with us all the time indeed: ChatGPT.
Okay, let's dive back to the syrup:
What to earn in the face of crypto hype?
For a more comprehensive understanding, moomoo has also prepared some contents before. Mooers can read them to make a more informed choice: ![]()
Nivdia's earnings
After the U.S. markets closed on November 20, worldwide AI semiconductor leader $NVIDIA (NVDA.US)$ unveiled its third-quarter financial results for fiscal year 2025, surpassing market predictions by a wide margin. The tech giant reported quarterly earnings of $35.1 billion, representing a 92% increase from the same period last year and outperforming the anticipated $33.25 billion. The company's non-GAAP earnings per share reached $0.81, marking a 103% year-over-year growth and exceeding the projected $0.74 per share. Read more>>
For those interested in NVIDIA's performance beyond direct stock ownership, ETFs that track the company's stock offer an alternative approach. Click here to check for more details!
After know all these information, how could I grab the opportunities for real? What can I use?
Don't worry, you can check out our new series "Max Learns to Invest" for a detailed guide on how to use the right function of moomoo to earn! This is where you can learn how to use the function like earnings beat and so on.
In the last week, moomoo has also come up with very qualitative readings. You can see if they are helpful for your trading and investing: ![]()
Let's see how mooers are doing in the past week:
Also, you can check and join the discussion of our new topic: Canadians are getting a tax break: What's on your Black Friday shopping list?
What do you think of crypto, Nvidia and other stuff? And what's your take on other hot issues in the past week? How can they earn you more money(we pray that for you)?
Share your stories, ideas, feelings and emojis in the comments below:
Event time: From now until December 1, 2024, at 24:00 ET time.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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How's it going, eh?
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102362254 : Hot issues include reports of Nvidia’s new AI servers overheating and ongoing debates about AI's impact on various industries. Nvidia is also handling some legal challenges but continues to innovate in AI n gaming. Meanwhile, am waiting on Dell’s earnings to see how things play out
Jason Fung : Bitcoin price was rallying and reached an all time high last week and many, including myself were anticipating it to reach USD $100,000 for the first time in history. It came close at USD $99,000 but then lost momentum and is now trading at USD $93,000. We still have one calendar month left in 2024. Let's see if it can reach this milestone by year end.
Outpost : Buying bitcoin efts when it dips to collect distribution while riding cryptocurrency waves up and down with US
Meme_Short_Queen : Looks like banana price will go bananas soon!
CNNT : I was overly cautious about bitcoin prior to the US election, but luckily, I did create a small position on BTC related ETFs thanks to all the hype, representing 10% of my portfolio. I should have been a little bit more adventurous.
72562669 : With the new Trump administration being Pro Crypto, I personally belive Crypto is here to stay. US can't ban Crypto since USDT issuer Tether is one of the largest holder of US treasury bonds, if they endure selling their bonds, USD will be in serious trouble. SEC is well aware of this and that's why eventhough Teather is shady , they survive.
72169312 : Im all in on doge I was to late for bitcoin i think