Hop into the time machine
There's a saying that goes: "The present you is made up by all the decisions you've made in the past." 
In that case, would you like to look back on all mooers' votes before and find out what "made you" or led to your paper gain/loss now?
On Aug. 5, Daily Poll asked about "What's the future of automakers?" 
What's the future of automakers? Click to see>>
63% of mooers chose "New brands like Tesla"
Only 15% of mooers chose "Traditional brands like GM"
22% of mooers chose "I'm so broke" (WTF lol )
On Aug. 30, Rivian filed for its upcoming IPO. Daily Poll asked about "How do you feel about the new competitor?" 
Rivian, the EV maker backed by Amazon and Ford has filed for its IPO. Click to see>>
11% of mooers chose "a threat to other EV makers."
12% of mooers chose "nah, bye bye soon."
77% of mooers chose "strong background, keep watching." 
Let's take a look at their one year performance:
$Tesla (TSLA.US)$
$Rivian Automotive (RIVN.US)$
$Lucid Group (LCID.US)$
New EV brands do deliver strong growth on their stock price.
 
However, traditional brands are doing great as well. 
$Ford Motor (F.US)$
$General Motors (GM.US)$
Even though they were doing well and also showed an upward trend in stock price.
The EV battlefield: Oldest automakers are on fire. Click to see>>
Still, only 13% of mooers think GM and F will win the battle 10 years later.
63% of the mooers were convinced that TSLA is the G.O.A.T. 
And here come the questions: 
Do you think you were right then?
Or what made you change your mind?
You May Aalso Like:
Daily Poll: Battery issue drains Rivian stock.
Daily Poll: The "EV Big Three."

These stocks are being sell down for the wrong reasons and I think they are really potential for long term.
$PayPal (PYPL.US)$ 
$Alibaba (BABA.US)$ 
$Baidu (BIDU.US)$ 
$Splunk (SPLK.US)$

$PayPal (PYPL.US)$ No one speaks here and the price falls to the bottom. The more calls there are, the more it falls. It's better to put it all down. When everyone cuts losses and leaves, it goes up. Do we need to think the opposite way for this kind of situation?

Major cryptocurrencies tanked on Thursday, barring the new top meme token Shiba Inu which is now the seventh largest cryptocurrency on the basis of market cap. Shiba inu has surged 74% today, hitting a record high above $0.00007.
The surge of Shiba inu coin comes against the backdrop of declines in the overall digital currency market. $Bitcoin (BTC.CC)$ , the No.1 digital token by market cap, was down 5.6% in the last 24 hours and has dropped 8.7% in the past week.
Source:
Top cryptocurrency prices today: Shiba Inu soars 74%, altcoins tank up to 10%

Two stocks linked to Donald Trump plunged on Tuesday shortly after the ex-president detailed plans for one of the companies, and the other firm said it would sell additional shares to raise capital.
$Digital World Acquisition Corp (DWAC.US)$ ’s share price skidded nearly 30% Tuesday to close at $59.07 apiece. And tiny advertising software start-up $Phunware (PHUN.US)$tanked almost 40% to $4.35.
On Tuesday, an hour before trading began, Trump issued a lengthy statement about his plans for the new social media app he intends to roll out and other aspects of his new company.
“To take on Big Tech censorship, we are creating a ‘Big Tent’ platform: Truth Social,” Trump said. “We are inviting people of all political stripes, and all different viewpoints, to come and participate once again in the great American debate. That’s what our country is supposed to be about.”
“Unlike with the Big Tech platforms, there will be no shadow-banning, throttling, demonetizing, or messing with algorithms for political manipulation,” he added.
Also Tuesday, $Phunware (PHUN.US)$ said it will sell up to 5.6 million additional shares “at the market offering,” which would bring its total stock outstanding to nearly 90 million, the company said in a regulatory filing Tuesday.
Despite the plunge in $Digital World Acquisition Corp (DWAC.US)$ and $Phunware (PHUN.US)$ on Tuesday, we can still see huge gain in their stock price since last week.
Source:
Stocks linked to Trump — DWAC and Phunware — sink after ex-president touts social media plans

Cathie Wood's Ark Investment Management continued its selling spree of $Tesla (TSLA.US)$ stock after the investment management firm offloaded $270 million worth of the electric vehicle maker's shares Tuesday.
Three of Wood's exchange-traded funds -  $ARK Innovation ETF (ARKK.US)$ ,  $ARK Autonomous Technology & Robotics ETF (ARKQ.US)$ , and $ARK Next Generation Internet ETF (ARKW.US)$ - cumulatively sold more than 340,000 Tesla shares Tuesday, according to its daily trading update.
Social Capital founder and CEO Chamath Palihapitiya also revealed that he sold his Tesla position for capital to invest in other investment ideas. He said he exited his bet on the Elon Musk-led electric vehicle company “in the last year or so” as the high prices allowed him to generate cash to fund his other ideas.
Are they trying to avoid some risks that we're not aware of? Or maybe we should stop over-interpreting their moves?
Source:
Cathie Wood dumps biggest chunk of Tesla stock in her recent string of sales

Happy Monday 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 last week! (Nanlo caps are excluded.)
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