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EDMUND DONTES Male ID: 71683446
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    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. PHUN - Buzzing Stars: ⭐⭐⭐⭐⭐
    PHUN stock fell 50.92% to $4.290 last week after the company announced it would accept Bitcoin as a form of payment for purchases made on Lyte Technology, its newly acquired business unit offering gaming PCs.
    ● Mooers comment
    @Deezy_McCheezy:
    @moom lives:  Just be happy
    To play stocks, you must first have a good attitude, don't panic when you fall, you must have your own opinions when buying stocks! Don't listen to wind or rain! Like me! Last year I voted 150,000, listen to this and listen to that, and finally lost 50,000! Later, after my own exploration and study, I have my own ideas and strategies! Finally lost the remaining 100,000.
    2. TSLA - Buzzing Stars: ⭐⭐⭐⭐
    With Elon Musk becoming the first person to be worth more than $300 billion, TSLA stock crossed $1 trillion in market capitalization boosted by interest from investors and encouraging EV policies from Washington.
    ● Mooers comment
    @tianenelijah: Let’s push on tomorrow push higher ! We all can do it earn tgt
    @kindajoshua: $Tesla(TSLA.US)$ $Futu Holdings Ltd(FUTU.US)$ My favorite two companies in the world. Guys happy Halloween and happy birthday to FUTU. please take us to the moon.
    3. DWAC - Buzzing Stars:⭐⭐⭐⭐
    DWAC stock dropped 28.08% last week and closed at $67.750 last Friday. The significant decline appears to have been sparked by Trump's comments about the challenges of competing with technology giants.
    4. MARK - Buzzing Stars: ⭐⭐⭐⭐
    MARK stock closed at $2.110 last Friday with a weekly decline of 2.76%, despite rocketing 45.16% last Monday as the DWAC frenzy took it higher.
    ● Mooers comment
    @Appley: $Remark Holdings(MARK.US)$Hi all
    I’m also losing a big chuck from this stock. But I think we just have to bite through and be patient. If price dropped further it will be a good chance to buy in somemore to average out to a lower cost. Personally I think this stock will bounce back but when no one knows… We need to follow up the news on DWAC and PHUN as well as Donald Trump.
    5. AMC - Buzzing Stars:⭐⭐⭐
    Shares of AMC lost 3.36% last week and finally closed at $35.370. The stock gained 1.35% last Thursday as IMAX reported its earnings and saw a 52% year-over-year rise in quarterly revenues.
    ● Mooers comment
    @Smoke-A-Shotgun: $AMC Entertainment(AMC.US)$
    @Rogue Trader 7: waiting for Monday be like...
    6. OCGN - Buzzing Stars: ⭐⭐⭐
    OCGN made it into the list of best healthcare performers last week as its development plans for the COVID-19 shot made progress. Its stock price closed at $11.840, with a weekly rise of 42.31%.
    ● Mooers comment
    @70815893: $Ocugen(OCGN.US)$This will be approved as the world is screaming for a conventional old style vaccine that has worked for more then 50 years. And sales will grow as the years bring new variants this med will be upgraded. Covid is not going away, humans will need to be vaccinated every year. Top scientists say covid will be the new flu and that it's more likely to be much more of a problem then the flu.
    7. AAPL - Buzzing Stars:⭐⭐⭐
    After reporting its earnings last Thursday, AAPL stock was up 0.75% to $149.800 last week. EPS came in at $1.24 versus the estimate of $1.24. Revenue came in at $83.36 billion versus the estimate of $84.85 billion.
    ● Mooers comment
    @Subhash Mishra: FQ4 GAAP EPS of $1.24 in-line.
    Revenue of $83.36B (+28.9% Y/Y) misses by $1.63B.
    Shares -3.7%.
    Products revenue of $65.08B vs. $68.72B consensus
    iPhone revenue of $38.87B vs. $41.60B consensus,
    Read more...
    8. FB - Buzzing Stars:⭐⭐⭐
    FB saw its stock price close at $323.570 with a weekly decline of 0.35%. The company has changed its name to Meta Platforms Inc., decoupling its corporate identity from the eponymous social network mired in toxic content, and highlighting a shift to an emerging computing platform focused on virtual reality. 
    ● Mooers comment
    @Smart Jerry: What is Metaverse?
    Metaverse is a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual space.
    People use AR and VR technologies to build a new world that merges the physical and virtual worlds. Everyone has new opportunities there.
    Read more...
    9. LCID - Buzzing Stars:⭐⭐⭐
    LCID stock jumped 53.42% to $36.990 over the past week. On Oct. 27, Lucid confirmed it will hand over the first batch of the Dream Edition on Oct. 30 at its Dream Delivery event in California.
    ● Mooers comment
    @Johnsh: $Lucid Group(LCID.US)$ One word: cool
    @无名n_n: The 2 green on my screen! lets go LUCID!!!
    10. PROG - Buzzing Stars: ⭐⭐
    PROG shares were up 21.62% to $3.600 last week with PROG receiving a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
    ● Mooers comment
    @Caleb Utt: $Progenity(PROG.US)$  If you buy a stock and the moment it turns red you're posting "WHAT DO I DO???????", you have no business on the stock market. The fact you don't understand the most basic ebb and flow which is price fluctuation up AND down and think it's always supposed to be green if you "made the right buy", demonstrates you not only did 0 research on the market but lack basic knowledge that may have been an elective class at school growing up. Read more...
    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!
    @VCSuccess @allen kidd @GlenPeh @Maz The AMC Rilla @战神鑫爷 @GratefulPanda @makankaki @Syuee @HopeAlways @Jia Yung @GT1982 @Upncoming1841
    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:
    "Which company do you like best?" and "Why?"
    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: "Have some PHUN."
    Weekly Buzz: "Be optimistic but don't be too optimistic."
    Weekly Buzz: "I'm not mad. I'm just disappointed."
    Disclaimer: Comments below are made available for informational purposes only. Before investing, please consult a licensed professional.
    Weekly Buzz: "What is Metaverse?"
    Weekly Buzz: "What is Metaverse?"
    Weekly Buzz: "What is Metaverse?"
    +10
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    Asian stocks set for steady open on growth caution
    Asian stocks looked set for a steady start Friday as traders weigh the prospect of reduced central bank stimulus as well as challenges to economic reopening from the delta coronavirus variant.
    Futures for Japan, Australia and Hong Kong pointed to modest gains. U.S. contracts fluctuated after the S&P 500 posted its longest losing streak since June. Reports showed lower U.S. jobless claims but also more virus disruption, including $Microsoft(MSFT.US)$'s move to scap plans to fully reopen its offices.
    Goldman, Citi see Aluminum rally raging on as bears flag caution
    Aluminum's run-up to a 13-year high has some analysts doubling down on forecasts for further gains. Others warn the peak is already here.
    But the rally may sow the seeds of its own demise, according to the China Nonferrous Metals Association, which said last week that supply isn't in a notable shortfall and consumption isn't strong enough to warrant such prices. Aluminum may retreat quickly once the high prices dent demand and substitutions emerge, it said.
    Oil prices fall after China says it plans to release stockpiles
    Oil prices fell Thursday after China's plans to release stockpiled crude increased worries that global supply could grow even as a resurgence in the pandemic drags on demand.
    The move adds to pressures swaying the oil market. U.S. crude dipped as much as 2.5% after a Chinese government agency said it would strategically release oil from reserves. West Texas Intermediate ended the day down 1.7% at $68.14 a barrel, its lowest level in two weeks. Brent, the global benchmark, lost 1.6% to $71.45.
    Affirm stock skyrockets after company reports 71% revenue growth and strong guidance
    $Affirm Holdings(AFRM.US)$, one of the leading players in the burgeoning buy now, pay later space, reported better-than-expected fiscal fourth-quarter results after the bell Thursday, including solid guidance and 71% revenue growth. The stock soared more than 20% in extended trading following the report.
    The blockbuster earnings report comes after Affirm last month announced it's teaming up with Amazon to launch the e-commerce giant's first partnership with an installment payment player.
    Ford to spend $2 billion to restructure operations and close plants in India
    $Ford Motor(F.US)$ will stop manufacturing vehicles in India, shutting down its two large plants there that employ thousands of people. The restructuring actions are the latest under CEO Jim Farley to restructure the automaker's operations. Ford's decision to end vehicle production in India comes four years after its crosstown rival $General Motors(GM.US)$ exited the market, where Asian automakers dominate.
    The company said Thursday the changes will cost about $2 billion, including about $600 million in 2021 and $1.2 billion in 2022 and the remainder in the following years.
    US airlines cut revenue forecasts as Delta variant slows bookings
    $United Airlines(UAL.US)$ plans to put fewer planes in the air for the US holiday season, showing the far-reaching effects of a slowdown in travel demand that began when the Delta coronavirus variant spread this summer.
    United was one of several US carriers to cut quarterly revenue forecasts on Thursday. $American Airlines(AAL.US)$, $Delta Air Lines(DAL.US)$, $JetBlue Airways(JBLU.US)$, $Southwest Airlines(LUV.US)$ and United all said in filings with the US Securities and Exchange Commission that demand pulled back in August.
    Hedge funds muscle in to Silicon Valley with private deals
    Hedge funds are elbowing their way into Silicon Valley at an unprecedented rate with a record-smashing $153bn worth of investments in private companies in the first six months of 2021. The push into private investments coincides with a broader revival in the hedge fund industry, which last year reported its best returns since the aftermath of the financial crisis in 2009 after years of weak performance.
    A report from Goldman Sachs has found that hedge funds have done 770 deals so far this year, already beating the record number set in the whole of 2020, when 753 deals reached a total of $96bn. Just under three-quarters of this year's agreements were "venture" bets on companies in their infancy.
    Tougher SPAC disclosure rules endorsed by SEC advisory group
    A group of executives and academics that advises the U.S. Securities and Exchange Commission wants better SPAC disclosures -- the latest sign that tougher rules are coming for booming blank-check companies.
    The recommendations from the SEC's investor advisory committee will likely help agency staff as they craft new regulations for special purpose acquisition companies, which have drawn bipartisan criticism from lawmakers after attracting a record $80 billion last year.
    Source: Bloomberg, CNBC, WSJ, Financial Times
    Wall Street Today: Affirm skyrockets after it reports 71% revenue growth
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    Historically this has always been a bad idea. Being short on funds doesn’t mean you can’t become wealthy. In fact the opposite can be the case if you do it right. One of the proven ways of making your portfolio grow without turning to loans is to use the free partial payment program for your investments. Investing this way has been proven to be one of the best ways to invest. You can take the amount you would’ve paid for the loan payment and divide it up among the several stocks that you were going to buy, or you can just focus on buying one stock at a time by using partial payment to pay them off quickly. Either way you will buy at higher prices at times and lower prices at times. Study’s also show that it will motivate many investors to be much more frugal as to add more cash to their stocks than just estimated loan payment would. AS A STEADY DRIP FILLS A BUCKET OVER AN AMAZINGLY SHORT PERIOD OF TIME. This tactic not only has the added benefits of the investors becoming more frugal, etc., But will also raise your confidence that your financial worth is truly as solid as possible. This is because you’re getting more time to evaluate each stock properly, instead of jumping in with a large amount of OPM (other peoples money), (loan money), which has a tendency to cau...
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    EDMUND DONTES liked and commented on
    $XRP(XRP.CC)$ if it drops below 80 cents just wait. if not buy it before it goes back up.
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    EDMUND DONTES commented on
    $XRP(XRP.CC)$ holding 10k xrp. no fear lads. Hodl
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