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$Amazon (AMZN.US)$
- YouTube watch the podcast on this link
9 Aug 2024 : strong earnings growth its e-commerce, media, and advertising segments. Main spotlight on AWS, generates the majority of its profits. Do custom chip designs for AI mean AWS could be a future "Nvidia killer?
- YouTube watch the podcast on this link
9 Aug 2024 : strong earnings growth its e-commerce, media, and advertising segments. Main spotlight on AWS, generates the majority of its profits. Do custom chip designs for AI mean AWS could be a future "Nvidia killer?
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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!
Make Your Choice
Weekly Buzz
This week began with the largest one-day pullback in the S&P 500 in two years on Monday. Thursday, the S&P 500 showed its highest ...
Make Your Choice
Weekly Buzz
This week began with the largest one-day pullback in the S&P 500 in two years on Monday. Thursday, the S&P 500 showed its highest ...
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Cryptocurrencies experienced a significant surge, with Bitcoin recording its most substantial single-day increase in over 16 months, as investors gravitated back to riskier assets throughout financial markets.
Bitcoin, the premier digital currency, climbed up to 8.6%, surpassing the $59,800 mark, whereas Ether, which ranks second in market capitalization, saw gains close to 10% at its peak. Despite these g...
Bitcoin, the premier digital currency, climbed up to 8.6%, surpassing the $59,800 mark, whereas Ether, which ranks second in market capitalization, saw gains close to 10% at its peak. Despite these g...
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Morning Movers
Gapping up
$NVIDIA (NVDA.US)$ stock increased by 1.0%, with analysts at Barclays suggesting that the chipmaker's forthcoming earnings report may be a significant driver for Big Tech stocks.
$Paramount Global-B (PARA.US)$ stock climbed 4.3% as the entertainment company surpassed profit expectations and its streaming business reported its first quarterly profit in three years. The company also revealed plans to reduce 1...
Gapping up
$NVIDIA (NVDA.US)$ stock increased by 1.0%, with analysts at Barclays suggesting that the chipmaker's forthcoming earnings report may be a significant driver for Big Tech stocks.
$Paramount Global-B (PARA.US)$ stock climbed 4.3% as the entertainment company surpassed profit expectations and its streaming business reported its first quarterly profit in three years. The company also revealed plans to reduce 1...
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Since the beginning of 2023, the S&P 500 $S&P 500 Index (.SPX.US)$ and Nasdaq $Nasdaq Composite Index (.IXIC.US)$ have surged, leaving the U.S. small-cap stocks lagging behind.
However, market funds began shifting towards rate-cut trades after July 11, selling tech stocks and buying small-cap stocks which are more rate-sensitive. The Nasdaq, dominated by large tech companies, has dropped over 10% since then, while the Russell 2...
However, market funds began shifting towards rate-cut trades after July 11, selling tech stocks and buying small-cap stocks which are more rate-sensitive. The Nasdaq, dominated by large tech companies, has dropped over 10% since then, while the Russell 2...
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$NVIDIA (NVDA.US)$
Disclaimer: Predicting stock price trends is only convenient to have a trading idea during trading. Even if stock price predictions are accurate, improper trading strategies will still cause loss of money. Therefore, predicting whether the stock price itself is accurate is actually of little significance; more, it is necessary to adjust trading ideas in a timely manner according to market conditions.
1. First, let's review the market
The Nasdaq index has now stopped falling at the bottom and stabilized. It is expected that [8.9-8.16] will still rebound slightly within the next week, and continue to fall in the future.
After experiencing a broken decline from July 30, Nvidia is now also showing signs of stabilization. The target price for a small rebound is expected to return to the 115 range. The time period is from August 9 to August 16. In late August, it is estimated that Nvidia will continue to fall below 90 yuan and enter the 80-90 range.
II. Nvidia's individual stock market deduction
The market for the week of July 30 resumed, from a break on the 30th and a strong rebound the next day, followed by a continuous decline, and closed at a low of around 100 on Friday. As far as the environment where technology stocks were clearly weakened at the time. Nvidia has broken ground, and a downward trend has begun.
1. Judging from the feedback from our customized indicator DKW, there was no obvious breakdown in the July 30 and 31 market, especially the blue K-line chart for the 31st closing day. This is also a sign of a trend reversal, but specifically an upward reversal...
Disclaimer: Predicting stock price trends is only convenient to have a trading idea during trading. Even if stock price predictions are accurate, improper trading strategies will still cause loss of money. Therefore, predicting whether the stock price itself is accurate is actually of little significance; more, it is necessary to adjust trading ideas in a timely manner according to market conditions.
1. First, let's review the market
The Nasdaq index has now stopped falling at the bottom and stabilized. It is expected that [8.9-8.16] will still rebound slightly within the next week, and continue to fall in the future.
After experiencing a broken decline from July 30, Nvidia is now also showing signs of stabilization. The target price for a small rebound is expected to return to the 115 range. The time period is from August 9 to August 16. In late August, it is estimated that Nvidia will continue to fall below 90 yuan and enter the 80-90 range.
II. Nvidia's individual stock market deduction
The market for the week of July 30 resumed, from a break on the 30th and a strong rebound the next day, followed by a continuous decline, and closed at a low of around 100 on Friday. As far as the environment where technology stocks were clearly weakened at the time. Nvidia has broken ground, and a downward trend has begun.
1. Judging from the feedback from our customized indicator DKW, there was no obvious breakdown in the July 30 and 31 market, especially the blue K-line chart for the 31st closing day. This is also a sign of a trend reversal, but specifically an upward reversal...
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Good morning mooers! Here are things you need to know about today's market:
●Market Rebound Fizzles as S&P 500, Dow Jones, and Nasdaq Slide into Correction Territory
●Malaysia's International Reserves See Largest Surge in Eight Months
●NCCIM Hails Ringgit's Rise as a Boost to Malaysia's Economic Prospects
●Tesla Halts Factory Expansion in Malaysia and Southeast Asia, Focuses on Charging Stations
●Stocks to watch: Pa...
●Market Rebound Fizzles as S&P 500, Dow Jones, and Nasdaq Slide into Correction Territory
●Malaysia's International Reserves See Largest Surge in Eight Months
●NCCIM Hails Ringgit's Rise as a Boost to Malaysia's Economic Prospects
●Tesla Halts Factory Expansion in Malaysia and Southeast Asia, Focuses on Charging Stations
●Stocks to watch: Pa...
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Good morning mooers! Here are things you need to know about today's market:
●S&P 500 Rebounds with Strongest One-Day Gain Since January 2023
●Foreign Holdings of Malaysian Bonds Peak in July
●Malaysia Poised to Handle Mild US Recession, Though Global Risks Remain
●Malaysia Attracts Rising Investments Despite Gaza Stance
●Stocks to watch: I-Bhd, ATA IMS
-moomoo News MY
Wall Street Summary
Following its most sign...
●S&P 500 Rebounds with Strongest One-Day Gain Since January 2023
●Foreign Holdings of Malaysian Bonds Peak in July
●Malaysia Poised to Handle Mild US Recession, Though Global Risks Remain
●Malaysia Attracts Rising Investments Despite Gaza Stance
●Stocks to watch: I-Bhd, ATA IMS
-moomoo News MY
Wall Street Summary
Following its most sign...
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