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Happy Friday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the top ten buzzing stocks on moomoo based on search and message volumes! Comment below to answer the Weekly Topic question for a chance to win an award!
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The market responded to Nvidia's earnings with a sell-off to close a severe earnings season that saw stocks beat expectations and still fall th...

Dear Mooers,
Are you ready to take your investment knowledge to the next level? We’re excited to invite you to our upcoming live stream event: “Understanding and Investing in ETFs Listed on Bursa Malaysia”.
Participate in this live stream, you will have a chance to receive 88 moomoo points!
In this comprehensive live stream, we’ll guide you through everything you need to know about Exchange Traded Funds (ETFs) and how you can leverage them...

Following Federal Reserve Chairman Jerome Powell's most explicit signal for a rate reduction at last Friday's Jackson Hole symposium, Nomura Holdings has enhanced its outlook on Malaysian equities, elevating them from "neutral" to "overweight", due to its belief that the anticipated US rate cut will stimulate a rebound in emerging market stocks.
Before Nomura's optimistic revision, several renowned international banks, suchas J.P. ...

Johor Plantations Group Berhad ("JPG") is targeting to debut on the Bursa main market on 7/9/2024 as the largest initial public offering ("IPO") so far in year 2024. The IPO subscription takes place from 6/12/2024 to 6/24/2024!
To provide investors with a better understanding of the company's development and future plans,Moomoo Malaysia has the opportunity to conduct a live session with the senior management of JPG on 6/21/2024 Fri 14:30 - 15:31 MYT.
Managing Director of JPG Mohd. Faris Adli Shu...

With the heating up of the expectation for a rate cut in the USA, the Dow Jones Industrial Average historically closed above the 0.04 million point mark for the first time and rose for five consecutive weeks. The S&P 500 index rebounded strongly, approaching record highs, while the Nasdaq Composite Index, despite ending a two-day decline, also saw gains for two consecutive weeks. Google's stock price hit a new high for three consecutive days, while the share price of Gamestop, influenced by retail investors hoarding, plummeted nearly 20% in three consecutive double-digit declines.
In the bond market, after two consecutive days of increase, US Treasury yields rebounded more than 10 basis points from the low of nearly six weeks on Thursday, but still showed a downward trend for the entire week. After a week of decline, the US Dollar Index fell for three days out of four. Bitcoin's price showed strong performance, with an intraday increase of over $2000, successfully breaking through the $0.067 million mark, hitting a one-month high.
In the energy commodity market, crude oil prices rose for three consecutive days, with US crude oil prices breaking through $80 for the first time this month and rising for two consecutive weeks. The price of US natural gas rose nearly 17% in a week. Gold and copper futures prices simultaneously hit historic highs, while silver saw a gain of over 6% in a week, with London nickel up over 11% and London copper and tin rising over 6% as well.
In the Chinese market, as the People's Bank of China continues to stimulate the real estate market by removing the lower limit of loan rates for commercial housing, lowering the housing provident fund rate by 0.25%, and reducing the down payment ratio for first-time home buyers to 15%. In addition, the central bank has established a 300 billion yuan re-loan for affordable housing, with an interest rate of 1.75%, to support...