[Weekly Buzz] Yes, that’s a trillion, with a T - Crypto cranks higher!
Hello, mooers! Welcome back to our weekly series, the upgraded brand new 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 last week!(Nano caps are excluded.)
The market of stocks seemed to lump last week, but bitcoin bopped to blue skies. The cryptocurrency cruised 22% and cleared $1T in market cap, setting the new record.
Here is the weekly buzzing stock list of last week:
PLTR
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Palantir Technologies on last Tuesday reported fourth-quarter revenue that rose 40.4% to $322.1 million, beating consensus estimates by $21.02 million. However, $Palantir(PLTR.US$ fell 12.8% as full-year 2021 revenue guidance came in slightly below expectations. And on last Thursday $PLTR declined 7% after a flood of shares became eligible to sell for the first time. Following playing coaster, $Palantir(PLTR.US$ jumped on Friday after Ark's Cathie Wood disclosed that her exchange-traded funds bought more than 6 million shares of the company. What strategy did you take on $Palantir(PLTR.US$ last week?
SNDL
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Last Wednesday was not shaping up to be a memorable day for marijuana stock investors, with many of the sector's top names dropping in price. $SNDL Inc(SNDL.US$ slipped 26.44% while marijuana stocks tumbled a lot last week. Moreover, members of the suddenly high-profile Reddit WallStreetBets group briefly latched on to marijuana stocks. That begs concerns, with investors taking profits and perhaps returning to the sober realization that marijuana stocks still have many challenges in front of them.
EH
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$EHang(EH.US$ , an autonomous aerial vehicle technology platform company, slumped 62.69% and closed at $46.3 on Tuesday. What happened? Short-seller Wolfpack Research unleashed a broadside at EHang, accusing the company of being "an elaborate stock promotion" that's signing "sham sales contracts to benefit its investment stock price," and thus not a real business at all.
EHang fired back on last Wednesday, accusing Wolfpack of making "numerous errors, unsubstantiated statements, and misinterpretation of information. Finally, $EHang(EH.US$ tumbled 51.81% and closed at $59.8. Will $EHang(EH.US$ continue to retreat this week? Place your bets...
BTC
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As of Feb.21, 2021 9:47 AM EST
Bitcoin continues to streak! Bitcoin bounced to another all-time high. The crypto is worth more than $1,000,000,000,000 ($1T) in market cap. Yes, that’s a trillion, with a T. Anyone is having Bitcoin? Please comment below and let us WOW. One of the advantages of being rich is you can buy in Bitcoin and wait to become a trillionaire, like Tesla Inc. Tesla's bitcoin investment reportedly made more profit this year than car sales in the whole of 2020.
Another exciting thing is the first bitcoin exchange-traded fund (ETF) in North America started trading Thursday on the Toronto Stock Exchange. It’s called the Purpose Bitcoin ETF, and it trades under the symbol “BTCC”. Investors ate it up. Are you a part of them?
TSLA
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$Tesla(TSLA.US$ steadily declined last week and closed at $781.300 with a 4.27% dropping. There's nothing big about $TSLA, but we all witnessed how fanatical Elon Musk did invest in Dogecoin. Musk frequently comments about Dogecoin and his tweets have often moved the Shiba Inu-themed cryptocurrency’s price. Last week, he asked major Dogecoin holders to sell most of their coins, citing “too much concentration” as an issue. Will you follow Musk's suggestion? What target price will you give? Place your bets...
Thanks for reading! Hope you all have sexy gains this week!
Here are some free and powerful tools available on Moomoo for you to find out stock movement if you want to get more timely alerts.
1. AI monitor for traders to get real-time price movement among thousands of stocks in the market.
2. Screener used to filter stocks based on user-defined metrics.
1. AI monitor for traders to get real-time price movement among thousands of stocks in the market.
2. Screener used to filter stocks based on user-defined metrics.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Samdandew : i think it has some really good backing to be a great investment
70152212 : I think because of dollars printing .
MacMoney : it has a couple great things no other crypto currency has! that would be an outstanding community of supporters (The peoples currency) look at all the attention it gets not only cuz Elon tweets about it and celebrities investing in it, but it has a great foundation to be something verry verry great. also like a wize man once said "fait loves irony".
one the greedy Wales sell of some of their coins, but I'm thinking elon has something up his sleeve to take care of that situation
#Dogecoin= to the
Kevin ochoa : como hacer una cuenta
Biggy168 : Shud hv your own decision instead of following blindly on Musj
JohnnyBeNice : As 1 day paper will just be paper. Currency (Paper) printing is as and when a government deem. But bitcoin is at max 21 million. So it is controlled and can't be manipulated for more.
CKKent : I think of higher bond yield.