Weekly Buzz : All-time highs from AI earnings
Happy Friday, 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 this week! Answer the Weekly Topic question for a chance to win an award next week!
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Weekly Buzz | All-Time Highs From Earnings Blowouts
As the U.S. goes into Super Bowl Weekend and China celebrates the new year, the S&P 500 is closing above the 5,000 level for the first time. The rally has been fueled by continued strong corporate earnings and signs of progress in the Federal Reserve's goal of lowering inflation that could move policymakers to finally start cutting rates.
The $S&P 500 Index(.SPX.US$ rose 1.37% this week, while the $NASDAQ 100 Index(.NDX.US$ gained 2.31%. The $Dow Jones Industrial Average(.DJI.US$ finished the week up just 0.04%.
The S&P 500 and Dow Jones reached all-time highs multiple times this week, edged on by earnings in the tech sector. Investors were wary of the regional banking sector despite pleas from $New York Community Bancorp(NYCB.US$ leaders that they were still solvent following a bad earnings report.
This week, Fed speakers reiterated Powell's Sunday moments on 60 Minutes: rates would stay high until inflation securely lowered, and a March cut was unlikely.
With the second half of earnings season in full swing, the major standouts have been Palantir and Arm, both showing strength for AI tech and hardware, jumping 50% and 60% in the days following their reports.
Let's dive into the weekly buzzing stock list this week:
Tesla faced a downgrade Tuesday by Daiwa's Jairam Nathan after a weekend Wall Street Journal report alleging drug use from CEO Elon Musk that sent the stock price spinning lower. Nathan cited governance concerns with the company in his natural rating and target price cut to $195, worried that Musk could make the firm worse at navigating the EV environment.
@frank Crane_3546 : Shareholders no matter how greedy u are Elon Musk has delivered!
Nvidia stock surged 4.8% on Monday to a record high, closing at $693.32. This semiconductor giant shares have gained 40% year-to-date and 10% over the past five trading sessions as tech earnings reinforce AI bullishness. The firm has faced multiple price increases from analysts, including a Monday raise from Goldman Sachs analysts that placed a $800 price target, up from $625.
@Andre88888888: good lord another ATH
Palantir shares rose again Wednesday after rallying more 6% on continued momentum following the company's better-than-expected quarterly results in which the company highlighted strong demand for its AI platforms. The stock is number four on the moomoo options volume list, with 898k contracts changing hands.
@潜力股火热招商中 pull it down, plz!
Holo shares are trading lower in the premarket session on Friday after skyrocketing over the past two days. Shares of this holographic technology firm have gained a whopping 1800% in the last two days.
@jimmy the trader: Short
Baba posted lackluster sales growth Wednesday and a plunge in profit in the October-December quarter after the Chinese e-commerce giant booked more than $3 billion in impairments linked to its Sun Art retailer business and its Youku video platform.
@103949897 : Okay Shorties. You Guys won tonigh
AMC jumped 11% Tuesday after dropping below $4 on Friday and Monday to hit an all-time intraday low. The stock traded as low as $3.57, Monday setting a new record intraday low. AMC's previous record closing low was just this Wednesday when shares ended the session at $4.05.
@intuitive Jackal_354: remember Taylor swift will be part of this month's earnings
SMCI shares have surged more than 600% over the past year, but one board member just sent a signal of confidence by buying up stock. Fred Chan, who's spent just over three years on the storage and server company's board, scooped up 2,000 Super Micro shares last week at $568 apiece, according to a filing with the Securities and Exchange Commission made public Monday. He spent $1.14 million on the open-market transaction.
@tertm141: solid.. it is now higher than NVDA.. AI has no such thing as "dip"
Nio shares are trading lower by 2.4% to $5.89 Wednesday afternoon. U.S.-listed Chinese stocks are trading lower in sympathy with Alibaba, which fell after reporting third-quarter earnings.
@SkyHero: will become 50 cent? sinking till die?
Arm soared more than 60% in early Thursday trading after the tech darling reported fiscal Q3 non-GAAP earnings late Wednesday of $0.29 per diluted share, up from $0.22 a year earlier.
@TechTrader: why cant all charts look like this
Advanced Micro Devices said Tuesday it launched AMD Embedded+, an architectural solution to provide energy-efficient options for original design manufacturer partners.
@OceansWave : Seems like AMD is a pump and dump stock
Thanks for reading!
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Weekly Topic
Market reactions to earnings have proved there is no room for error in this market. What is the most important measure you are looking at when a company posts its results?
Comment below and share your ideas! We will select up to 15 TOP COMMENTS for a reward next week. Winners will get 200 points by next week, with which you can exchange gifts at Reward Club.
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102362254 : When evaluating a company's financial performance, Earnings Per Share (EPS) plays a critical role. It reveals the profit generated per outstanding share of common stock. However, it's essential to consider EPS alongside other key metrics like Return on Equity (ROE) and the Price-to-Earnings Ratio (P/E ratio) to make better investment decisions. These metrics collectively provide insights into profitability, value, and efficiency, aiding investors in making informed investment decisions based on a company’s earnings results.
SiaoAlarm : Every year you have to break through and succeed is the only US stock
HuatEver : Given the volatile market and economy, many investors find it challenging to prioritise a specific important measure to gauge post earnings report.
amid uncertainty. 
Thus, I still prefer companies that consistently provide dividends to investors, offering a sense of stability and ensuring a good night’s night sleep
ZnWC : There is nothing to worry about if you are investing in a fundamentally sound company. The short term volatility may not reflect the earnings. It's a good practice to read deep into articles about the earnings; don't just read the title and be affected by it negatively (emotionally speaking).
Always stick to your risk appetite and practice stop loss. You may also buy protective options for your upper (call) and lower (put) end - straddle option strategy. Short term volatility may be an opportunity just make sure you dyodd or know what you're doing. I don't short sell using margin or sell naked options which are very risky and can result in unlimited loss.
HuatLady : As a long-term investor, my focus will be on companies with a strong competitive advantage as reflected in their earnings reports. I seek firms that excel in both marketing and technical aspects, with a clear plan for maintaining their cutting edges. I value companies lead by superior management that consistently set ambitious goals, take decisive actions and propel the companies towards success. Examples of such challenging yet rewarding investments include $Apple (AAPL.US)$, $NVIDIA (NVDA.US)$ and $Berkshire Hathaway 13F (BK2999.US)$
Dante69 : Holding AMD since $17
RSXY : Consider taking some off the table soon. Yes, chances of S&P to continue rising is high. There will be heavy shorts coming in, vice-versa.
The phrase “the market can stay irrational longer than you can stay solvent” is happening as we speak.
Hence, bear in mind to adjust your portfolio’s weightage, book your REALISED profit.
小trader : In assessing a company's earnings, I prioritize its forward guidance as the most critical measure. Forward guidance provides valuable insights into the company's future prospects, influencing investor sentiment and stock prices. Alongside, I also consider key financial metrics like revenue growth, earnings per share, and margins to gauge its current financial health and trajectory, guiding my investment decisions.
RSXY : Coins
102765799 : let's hope this will sustain for a considerable period for retailers