Asia stocks to open steady; Treasury yields climb
Asian stocks are poised to open steady Thursday after U.S. equities extended a rally as investors weigh the impact of the new virus variant on the economy. Treasuries declined.
Futures were little changed in Japan and rose in Hong Kong. Australia and U.S. contracts were stable in early Asia trading. The $S&P 500 Index (.SPX.US)$ and the technology-heavy $NASDAQ 100 Index (.NDX.US)$ advanced for a third day. The Nasdaq Golden Dragon China Index of companies with most of their businesses in China also gained for a third day.
Apple wins delay in monopoly case, allowing app store rules to stay for now
The stay means that the App Store will effectively remain under the status quo prohibiting external links before a change was ordered by Yvonne Gonzales Rogers, a federal judge in Oakland, earlier this year.
Wednesday's stay temporarily protects $Apple (AAPL.US)$'s control over its App Store and the fees it generates, which can range up to 30% of digital transactions.
Apple's car project loses three more key engineers to startups
Eric Rogers, billed as Apple's chief engineer for radar systems on the project, left for flying-taxi startup Joby Aviation Inc. in recent weeks. Alex Clarabut, an engineering manager for the team's battery systems group, joined , another company working to develop air taxis. Stephen Spiteri, an Apple hardware engineering manager, left to join Archer as well.
GameStop shares fall as video game retailer reports widening losses in third quarter
$GameStop (GME.US)$'s shares fell 4% after the company reported that losses widened in the fiscal third quarter. The video game retailer's net loss grew to $105.4 million, or $1.39 per share, from a loss of $18.8 million, or 29 cents per share, a year earlier. Total revenue grew to $1.30 billion from $1.00 billion a year earlier.
Inventories grew in the latest quarter as GameStop looked to get ahead of supply chain challenges and be well-stocked for the holidays.
Powell's fourth major shift raises questions about the Fed's policy credibility
The Fed is expected to say next week it will double the pace of its bond purchase taper, while also likely hinting at more aggressive rate hikes in 2022. If it meets those expectations, it will mark at least the fourth significant policy change under Chairman Jerome Powell's leadership.
With policy so unpredictable and forecasts proving often unreliable, the Fed could be facing a substantial credibility challenge.
There are 11 million open jobs as the quitting spree continues: 'It's still a very tight labor market'
There were 11 million job openings while hiring remained steady and quitting cooled slightly in October, according to the Labor Department's latest Job Openings and Labor Turnover report.
Despite the small drop in quits, turnover remains historically high as 4.2 million people quit their job in October, down from a record-high 4.4 million people, or 3% of workers, who quit in September.
BofA says S&P 500 real earnings yield is lowest since Harry Truman was president
The S&P 500 Index currently has a real earnings yield of -2.9%, meaning that without continued growth in company results, investors would lose 2.9% when adjusted for inflation, the strategists led by Savita Subramanian wrote in a note on Wednesday. "Last time the real earnings yield was this negative was 1947."
Bill Ford acquires 2 million shares of automaker with stock near 20-year high
$Ford Motor (F.US)$ Chair Bill Ford , the great-grandson of founder Henry Ford, acquired almost 2 million shares of his company for about $20.5 million through the exercise of stock options.
"The decision to exercise these options to purchase almost 2 million shares of common stock reflects Bill's confidence in the future of the company and our plan to create tremendous value for all of our stakeholders," Ford Motor said in an emailed statement.
Source: Bloomberg, WSJ, CNBC

Spoiler:
At the end of this post, there is a chance for you to win points!
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 of last week! (Nano caps are excluded.)
Part Ⅰ: Make Your Choices
Part Ⅱ: Buzzing Stocks List & Mooers Comments
Every major index moved higher last week. Here is the weekly buzzing stock list of last week:
1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐
Shares of Tesla closed at $1222.090 last Friday with a weekly rise of 9.70% as it launched a pilot program in the Netherlands to share its Supercharger network with other electric car brands for a fee.
● Mooers comment
@Tuyea: To the moon
$Tesla (TSLA.US)$ time to liftoff again to $1300
@Jai Dev: Elon Musk Wins 'Approval' To Sell Tesla Stock
Elon has to sell some stock or it expires worthless which is why he is considering this. Nothing about the fundamentals of Tesla has changed besides them getting better. This changes nothing, im holding until 2030 min. Buy the dip.
2. AMC - Buzzing Stars: ⭐⭐⭐⭐
Movie theater rebound is in full swing. AMC's stock price closed at $41.700 with a weekly rise of 17.90%. Shares of AMC were rising almost 8% in the morning trading last Wednesday as meme stock support propelled the movie theater operator higher.
● Mooers comment
@XQJ-37: $AMC Entertainment (AMC.US)$
@Sikwitit: I’m a AMC junkie been going to them every other weekend since I was 13 collecting ticket stubs. It was my 1st investment in the stock market August 18th 2020 cause I thought maybe it would help save them from bankruptcy. I didn’t know anything else about everything else.
3. OCGN - Buzzing Stars:⭐⭐⭐⭐
OCGN lost 13.51% last week and finally closed at $10.240. Ocugen stock was waylaid by traders taking profits, stock price down 7.3% to $11.80 in last Thursday.
● Mooers comment
@APTTMH: $Ocugen (OCGN.US)$ is at a decent price considering WHO approving Covaxin and the opportunity for growth from supply and demand.  $Pfizer (PFE.US)$ dipped in Dec. 2020 when vaccines were first given so I think Ocugen will followed suit.
4. PHUN - Buzzing Stars: ⭐⭐⭐⭐
PHUN stock closed at $4.220 last Friday with a weekly decline of 1.63%, despite the stock gaining 0.91% in pre-market trading last Thursday morning.
● Mooers comment
@EpicStocks: Made a Chart for Everyone. The crossover is Bullish
5. LCID - Buzzing Stars:⭐⭐⭐
This is the 11th Lucid Studio to open, which excites investors who are interested in the Lucid brand's future growth potential. The shares of LCID gained 13.00% last week and finally closed at $41.800.
● Mooers comment
@Devilton: $Lucid Group (LCID.US)$ $Rivian Automotive (RIVN.US)$ This Tue is IPO for Rivian, another new EV player in the share market with super huge potential. the 2 reasons why I think so are:
1. Although EV too, it is mainly in trucks and vans segment, so differentiate itself from Tesla and Lucid, hence no direct competition. And with its strong backing, should be taking majority of that pie.
2. It is back by Amazon and Ford, with orders already placed by Amazon for 50,000(I think) delivery trucks. I’m sure this is just the beginning. Read more..
6. AAPL - Buzzing Stars: ⭐⭐⭐
Apple appears to have planned for a big iPhone cycle ahead of the chip shortage issues. Its stock price closed at $151.280, with a weekly rise of 1.14%.
● Mooers comment
@Matthew Bryson: Apple Shares Are Likely To Consolidate For The Next Couple Of Years
The iPhone maker  $Apple (AAPL.US)$ generates large revenues and free cash flows and will most certainly continue to do so for the foreseeable future. This, however, could already be priced in the company's stock, which makes it susceptible to a price consolidation or slight correction in the short term. This is even more so due to the post-pandemic hefty 2021 revenue increases, which the company is unlikely to sustain in the next year or two. Read more...
7. NVDA - Buzzing Stars:⭐⭐⭐
After announcing its Omniverse Enterprise platform, which was a platform for connecting 3D worlds in a shared virtual universe. NVDA stock was up 16.37% to $297.520 last week.
● Mooers comment
@Perfume_girl: $NVIDIA (NVDA.US)$ trillion dollar market cap
@efficentupup: Nvidia's Market Value Surpasses Berkshire Hathaway For The First Time
On Tuesday, November 2, Nvidia's market value surpassed Berkshire Hathaway for the first time, ranking seventh in the United States.
As of Wednesday's close, Nvidia closed up 0.75%, with a total market value of 664.95 billion US dollars; from a trillion market value, Nvidia still needs to rise 50.38%. Read more...
8. NIO - Buzzing Stars:⭐⭐⭐
NIO saw its stock price close at $42.290 with a weekly rise of 7.31%. Nio received support from analysts as the investment firm reiterated its buy rating on the stock. The analyst also gave Nio a very generous price target of $67.00, which was one of the highest marks on Wall Street.
● Mooers comment
@CoolWaterCoolWater: NIO = No Oil.
9. FB - Buzzing Stars:⭐⭐⭐
FB stock increased 5.43% to $341.130 over the past week. CEO Mark Zuckerberg is building a "virtual world", formally called Oculus, which is based on technology found in the company's virtual reality headset.
● Mooers comment
@Investing 101: $Meta Platforms (FB.US)$We have closed above 337 resistance and right below 342 resistance which was slightly better than what I expected for the week. Thanks to smart money flooding in after we broke the downward resistance trendline. Read more...
10. PFE - Buzzing Stars: ⭐⭐
PFE shares were up 12.11% to $48.610 last week with Pfizer's drug reduced Covid hospitalizations by 89% in the clinical trial, a finding that has the potential to upend how the disease caused by the coronavirus is treated and alter the course of the pandemic.
● Mooers comment
@skytrade: $Pfizer (PFE.US)$Thank you
Thanks for your reading!
Awarding Moment
Before moving on to part three, congrats to the following mooers whose comments were selected as the top comments last week!
@HuatLady @treydongui @cowabanga @Moo Bull 102206726 @HuatEver @VCSuccess @Tupack H Mcsnacks @Sadeesh @HopeAlways @hexuan92 @Syuee @Jia Yung
We really appreciate your great insights! Read the top comments last week!
Notice: Reward will be sent to you this week. Please feel free to contact us if there is any problem.
Part Ⅲ: Weekly Topic
Time to be rewarded for your great insights and knowledge!
This week, we'd like to invite you to comment below and share your idea on:
"My first investment in the stock market."
We will select 20 TOP COMMENTS by next Monday.
Winners will get 200 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
Top Comment Technique:
● Fundamental / Technical / Capital Analyses
● Personal Trading Experience
● Any bright insights or knowledge
Previous of WeeklyBuzz
Weekly Buzz: "What is Metaverse?"
Weekly Buzz: "Have some PHUN."
Weekly Buzz: "Be optimistic but don't be too optimistic."
Disclaimer: Comments below are made available for informational purposes only. Before investing, please consult a licensed professional.

Time flies!You have completed another journey forCo-Wise: What push you to press the "trade" button?Thank you for all your participation. In this topic, 77% mooers chose to usefundamentalanalysis to "trade" stocks, 13% focused ontechnicalanalysis, while 10% relied onnews. @Marsnbsp;Mooosaid it's a game, just like the Squid Game. @mooboosaid that inflation made him trade. For more high-quality views from other mooers, let's take a look.
Here comes the reward for your hard work: 5 best postswill be rewarded with 1 specific stock respectively,5 outstanding postswill be rewarded with moomoo mascots, and other posts with a minimum of 30 words will be rewarded with88 points. Congratulations to all the winners!
(*The following collection is sorted according to the first letter of the mooers' nicknames, which doesn't constitute a recommendation ranking)
*You will receive your rewards within 15 working days.
Part Ⅰ: High-Quality Article Collection
Author: @GreatOracle
Title:swing daily trader only use 20% fundamentals data
Opinion: I rely more on the technical stats. Checking: 1. MA 5, 10 and 20. 2. Williams %R (I only entry when the chart start to go over -20%) 3. MCD chart at Golden Cross. 4. Stochastic showing uptrend. 5. Check earnings date so it have time to rally up then try to sell 3 days before earnings date at peak price.
Author: @GT1982
Title:When Do I Press the Buy Button?
Opinion: I set several target prices to enter based on support/resistance levels over several time frames. When the price alert is triggered, I will not press the buy button straightaway. Rather, I treat it as a fluid figure which I will sit up and place closer attention to when hit.
Author: @HopeAlways
Title:Fundamental Analysis
Opinion: I would mainly use financial metrics to decide if a stock is attractively priced before I press the "trade" button. Learning how to interpret financial metrics help me to value a stock. The cornerstone financial metric to value a business is the price-to-earnings ratio or better known as P/E ratio.
Author: @Moonbsp;tonbsp;Moonnbsp;FTW
Title:What’s your beliefs and what’s your risk appetite?
Opinion: There can be many methods/indicators – be it theoretical, practical or luck (maybe)? In my opinion, I’m more of the 40-30-20-10. 40%: Research on the Company/Stock and anything related to it. 30%: The theoretical analysis. 20%: Reading on the news surrounding the Company/Stock, the Trend and what’s stirring the market. 10%: Luck!
Author: @Mamanbsp;Cass
Title:Aha Fundamental Trade Button Motivators
Opinion: Does this company provide a product or service that I will use in ANY economy? If the answer is "no", then I don't care how pretty they are on paper, I'm out. If the answer is "yes" then I'm jumping up and down on that Trade button! Never invest in a business you can't understand.
Author: @Marsnbsp;Mooo
Title:This is just a game
Opinion: As for me, pressing the trade button is more of like a game, just like the television series, Squid Game, which is now streaming in NFLX. In Squid Game, players does not only uses their skills, they also relies on information (or news) and luck in order to be alive for the next game.
Author: @NANA123
Title:Which strategy prompted you to press the "trade" button?
Opinion: I think we should figure out what the trading model is before confirming our stock picking ideas. I only participate in those stocks whose daily line has just broken through the half-year line or the annual line, use a standard to define the trend, and then filter out all the stocks that don't have a trend.
Author: @Powerhouse
Title:Money and cash return will drive you to trade now!
Opinion: There is no 100% right or wrong as to when to click trade for a stock but rather, the best use of information at that moment to make the best decision. The sooner you get in, the better. Don't wait to buy stocks. Buy stocks and wait. Time in the market beats timing the market.
Author: @Panda2102
Title:Best time to press the trade button
Opinion: After I done my macro level research and zoomed into a list of selected companies, I put them through a framework and score them. The mission statement, the moat, the network effect, the switching cost, low cost advantage, optionality, the ratio for PE, PEG, Cash, Debt, Free Cash flow and the ownership of the company.
Author: @Qwinbie
Title:What Push You to Press The Trade Button?
Opinion: After selecting a bundle of high-quality stocks in the stock screener, I will have five shortlisted stocks. I will see the GMMA indicator of all the 5 stocks and decide which one has the most suitable price to buy. Once the analysis is done, I will press the “trade button” based on my monthly budget.
After reading these wonderful posts, mooers might say "Time in the market is much better than timing the market." Most mooers follow the advice given by great Warren Buffets and have their own trading systems.If you want to view more, please click the topic again:What push you to press the "trade" button?And you can find some writing inspiration from @moomoo Academy:How to quickly select position stocks from your watchlists?Share your thoughts and join the discussion. Don't forget to leave your comment and tell mooers about what you have learned.
Part Ⅱ: Vote for "Mentor Moo"
It's voting time again. Now let's choose the Mentor Moo for this topic. Whose ideas do you think are the best and how can you learn more from him/her?
The selection rules will take into account the following factors: logical and practical content, type setting and pictures, and interaction with other mooers.
The one who gets the most votes at the end of the poll will win the "mentor moo" title. What a crowning honor!Come and support your favorite tutor, your vote means a lot to them.
A systematic framework for decision making can help simplify the process and maximize returns. Tell us what you gained from this topic in the comments section. In three days, our new "Mentor Moo" will be published. Let's see who can get the majority's support and gain this glory. If you want to be honored too, please join in the next topic! Looking forward to your views.
Disclaimer:All investment involves risk. Neither Futu Inc, nor Futu SG, nor moomoo endorses any particular investment strategy. You should carefully consider your investment goals and objectives when deciding on an investment strategy. Past performance is no guarantee of future results.

Is $Tesla (TSLA.US)$ Godzilla?  The rise is too fast, too exaggerated, right?  It's a pity that I don't have such a strong heart to join in.  His ascent speed does not fall after a short rise, but keeps steady.  This is really incredible.  Our $Apple (AAPL.US)$ is also pretty good. I hope that in the future, Apple can cooperate with Tesla on communication software.
Share your stock here
$Apple (AAPL.US)$
$BlackBerry (BB.US)$
$NIO Inc (NIO.US)$
$Twitter (Delisted) (TWTR.US)$
$Luokung Technology (LKCO.US)$
$Phunware (PHUN.US)$

Because high-tech companies in the United States are too sophisticated, the products they produce are developed by other countries for a long time, so high-quality products such as Tesla and Apple are paid by consumers around the world. In particular, the consumption potential of the Chinese market is huge, with high-quality products, a stable market and consumers. Tesla refers to the growth performance of Apple's stock market and has a bright future. $Tesla (TSLA.US)$ $Apple (AAPL.US)$ $Amazon (AMZN.US)$ $Meta Platforms (FB.US)$