Generally speaking, the Fed's hawkish style will affect investors' expectations of future interest rates. Once interest rate hike expectations heat up, the first to be sold is technology stocks that rely on future long-term cash flow.
However, the Fed’s announcement after the FOMC meeting to accelerate the reduction of debt purchases has actually become a major driving force for the US technology stocks to rise overnight.
The technology-heavy Nasdaq 100 index closed up 2.35%, outperforming the broader market and becoming the best-performing index.
Leading technology stocks closed up collectively, and Tesla closed up 1.8%. Among the six FAANMG technology stocks, Apple closed up more than 2.8%, led the gains, Amazon and Facebook's Meta both rose more than 2%, Microsoft rose nearly 2%, and Google parent company Alphabet and Netflix rose more than 1%.
The key reason why technology stocks are unexpectedly strong is that "all the advantages are good" is the key reason.
Some professional commentators stated that the Fed’s move to speed up the Taper and hint at the timing of future interest rate hikes eliminated a large uncertainty that hovered over the market at the end of the year, giving investors optimistic expectations that the Fed could ensure economic growth while still maintaining economic growth. Suppress inflation.
$Meta Platforms(FB.US)$ $Apple(AAPL.US)$ $Amazon(AMZN.US)$ $Netflix(NFLX.US)$ $Microsoft(MSFT.US)$ $Alphabet-A(GOOGL.US)$

Actions speak louder than words. Business leaders often tell you why their company stocks is a buy but the actions of the executives could spell a different story. All these insider activities might not noteworthy but major trend and especially by top executives could provide an insights into the future of the markets. One might think off that they want to jump off the boat before the market drops and sinks.
If a company shows a lot of buying activities, it might be a good signal that the stocks are going up soon, and one of the best parameter is looking through its annual report and financial statements.
What if only the CEO is the only one doing the selling but others are holding shares? That is not necessarily red flag. There are plenty of reasons why the CEO sold their stocks that have nothing to do with the underlying business. $Tesla(TSLA.US)$ Musk sold off a portion to meet tax obligations while $Walmart(WMT.US)$ the Walton family sells shares periodically to fund philanthropic efforts, as per CNBC 🤭. They might be tons of reasons for them to pocketing the cash. News reported that the state of Washington has imposed 7 percent of capital gain over 250k, plus hike in federal taxes of 5 percent on income over 10 million and 8 percent over 25 million. $Microsoft(MSFT.US)$ Nadella, $AMC Entertainment(AMC.US)$ Adam and $Amazon(AMZN.US)$ Bezos could be planning ahead on this.

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.

Xiaomi bought back 1.0 mln shares for hk$21.9 mln on Oct 18 - HKEx Filing
Xiaomi bought back 1 million shares on the 18th and spent HK$21.9 million.
$XIAOMI-W(01810.HK)$
$Xiaomi Corp. Unsponsored ADR Class B(XIACY.US)$