Weekly Buzz: Indexes end lower, what to expect in the markets next week?
Spoiler: At the end of this post, there is a chance for you to win points! ![]()
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! (Nano caps are excluded.)
📊 Make Your Choices
💡Buzzing Stocks List & Mooers Comments
US stocks recovered from steep early losses in Friday's session but ended the week with sharp drops as an August swoon continued for Wall Street. The Dow Jones Industrial Average finished slightly above the flatline, while the S&P 500 fell slightly on the other side of it. The tech-heavy Nasdaq Composite was down a modest 0.2% lower after three consecutive days of sharp losses. (As of August 18, 2023)
🚌 Weekly Buzz
*Note: All contents such as comments and links posted or shared by users of the community are the opinion of the respective authors only and do not reflect the opinions, views, or positions of Moomoo Financial Inc., Moomoo Technologies, any affiliates, or any employees of MFI, MTI or its affiliates. Please consult with a qualified financial professional for your personal financial planning and tax situations.
*This list is provided for informational purposes only and is not investment advice or a recommendation of any security or investment strategy. You should not buy or sell any security on this list without first determining if it's appropriate for your portfolio or strategy by taking into account your financial situations and personal objectives. The past performance does not guarantee future results. This list only includes stocks.
📖 Anyway, let's dive into the weekly buzzing stock list of this week:
1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐
$Tesla(TSLA.US$ shares weekly % chg decreased by 1.16% and closed at $215.49 last week. Tesla has been accused of several unethical business practices over the years. The latest, according to a new, extensively reported piece from Reuters, is that the electric vehicle company misled consumers about the battery range of its cars. Not only that but according to the report, Tesla also created an entire secret “Diversion Team” to thwart customers who complained about the issue. "Range anxiety" the fear that your electric vehicle could run out of battery in between charging stations, leaving you stranded — has plagued electric vehicle manufacturers ever since EVs were sold. To combat this consumer fear, EV makers have managed to develop efficient and reliable batteries that can hold hundreds of miles worth of charge. (As of Aug 18, 2023)
@ZnWC: Tesla's estimated fair value is US$182 based on 2 Stage Free Cash Flow to Equity. Tesla's US$219 share price signals that it might be 20% overvalued. Our fair value estimate is 27% lower than Tesla's analyst price target of US$248.
2. AMC - Buzzing Stars: ⭐⭐⭐⭐
$AMC Entertainment(AMC.US$ shares weekly % chg decreased by 0.76% to $4.09. The company's market cap stands at $6.19 billion.AMC Entertainment Holdings (AMC) said on Monday (14th) that its 10-to-1 reverse stock split will take place on August 24, and its preferred stock "APE" will be converted into common stock on August 25. (As of Aug 18, 2023)
@Fire and ICE: AMC Announced Dividend Dates
3. EBET - Buzzing Stars: ⭐⭐⭐⭐
$EBET Inc(EBET.US$ shares weekly % chg rose by 4.71% to $0.073. The company's market cap stands at $21.91 million. The company released its quarterly results on August 14, 2023, just two days ago, which could explain today’s rally higher. Furthermore, the rally higher in EBET stock was also driven by the elevated investor interest in the company. (As of Aug 18, 2023)
@Ripper: EBET chart looks good for many reasons.
4. TTOO - Buzzing Stars: ⭐⭐⭐⭐
$T2 Biosystems(TTOO.US$ shares weekly % chg rose by 13.5% to $0.56. The company's market cap stands at $186.8 million. The small-cap penny stock market has been hot lately, with a surge in volume and activity across several names. The most in-play name, with price and volume soaring remarkably, has been T2 Biosystems (NASDAQ: TTOO). Over the past month, shares of this small-cap healthcare stock have soared over 375%. (As of Aug 18, 2023)
@M3LANI3: Gonna be sticking around for anbit with this one
5. NIO - Buzzing Stars: ⭐⭐⭐
$NIO Inc(NIO.US$ shares weekly % chg decreased by 7.13% to $10.67. The company's market cap stands at $18.98 billion. China's electric vehicle makers, which have raced past foreign rivals to top sales rankings at home, are arriving in Europe – and facing a new set of challenges. Bai Jian, vice president of Weilai Hardware, said that in the field of intelligent hardware, starting from NT1, the company's domain controller circuits and structures are designed by itself and entrusted to OEMs for production. He revealed that in the next one to two years, some key chips headed by Weilai AD chips will also be self-developed and mass-produced. (As of Aug 18, 2023)
@bullrider_21: China's EV makers face cost and consumer challenges to conquer Europe.
6. SE - Buzzing Stars: ⭐⭐⭐
$Sea(SE.US$ shares weekly % chg decreased by 2.08% to $38.68. The company's market cap stands at $21.92 billion. Swiss National Bank lessened its position in shares of Sea Limited by 2.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,416,500 shares of the Internet company based in Singapore's stock after selling 33,700 shares during the quarter. Swiss National Bank owned 0.25% of SEA worth $122,598,000 at the end of the most recent reporting period. (As of Aug 18, 2023)
@Lewis Jessica: Wow, just 1 missed out earning below expectations report came out, equivalent like dynamite hit at this stock. Look like a strong company at outside but extremely weak at inside.
7. MULN - Buzzing Stars: ⭐⭐⭐
@MULN shares weekly % chg decreased by 18.99% to $0.6432. The company's market cap stands at $118.46 million. Mullen Automotive plunged 11.9% at the start of trading on Friday, making it look less likely it will make its way back to $1.00 in time to meet NASDAQ listing requirements. The stock is trading just above $0.69 at the time of writing, while the NASDAQ Composite is off 1%. Mullen has its work cut out as the date for meeting the NASDAQ’s listing requirements is just days away. MULN stock – closing Thursday at $0.79 after selling off an astounding 19.4% – has just three sessions left to regain the $1.00 threshold for remaining listed. This means MULN needs to rally at least 26.6% from Thursday's closing price by the close of Tuesday, August 22. (As of Aug 18, 2023)
@Redneck Trader: MULN back to .10 for another R/S or delist.
8. NVDA - Buzzing Stars: ⭐⭐⭐
$NVIDIA(NVDA.US$ shares weekly % chg rose by 0.26% to $432.99. The company's market cap stands at $1.07 trillion. Despite solid demand for its AI chips, certain analysts and investors are preparing for an underwhelming earnings guidance from Nvidia Corporation following disappointing forecasts from its key suppliers. Investors must understand that Nvidia was much better prepared for the AI revolution than its rivals and suppliers. (As of Aug 18, 2023)
@clarrr: The agency exercised a number of put options, which meant that Nvidia's decline was about to bottom out in the opinion of the exercise.
9. VFS - Buzzing Stars: ⭐⭐⭐
$VinFast Auto(VFS.US$ shares weekly % chg decreased by 22.55% to $15.4. The company's market cap stands at $35.76 billion. VinFast Auto, the Vietnamese electric vehicle manufacturer, experienced a decline in its stock prices following its recent debut on the Nasdaq Global Select Market. On August 15, 2023, VinFast Auto's shares were introduced to the market with the symbol VFS. The stock opened at $22 per share, surpassing the agreed-upon price of $10 per share set by VinFast's SPAC partner, Black Spade Acquisition. This initial valuation valued VinFast at $8.5 billion, illustrating the high level of investor interest. (As of Aug 18, 2023)
@纽交所里的咖啡师: Is it worse than Muln, at least Muln has already made a prototype car... Vietnam is not even sure if the car they want to produce has two wheels or three wheels!
10. BABA - Buzzing Stars: ⭐⭐
$Alibaba(BABA.US$ shares weekly % chg decreased by 2.87% to $88.03. The company's market cap stands at $224.19 billion. Recent earnings results from Alibaba Group Holding showed a return to growth. With a double-digit increase in net sales, a massive profit surge, and an increased emphasis on AI, Alibaba is ready for a comeback. Alibaba might seem like a no-brainer buy when looking at its earnings in the second quarter of 2023. It's $32 billion in revenue rose 14% from year-ago levels. Operating margin was 18%, up from 12% in the year-ago quarter. This helped the company earn a net income of $4.6 billion, an increase of 63% from last year's same quarter. Moreover, investors will likely welcome some recent business decisions. it continues to build an AI community, creating a generative AI model for Alibaba Cloud and launching a scientific research and intelligent-computing platform with a research university in Shanghai. (As of Aug 18, 2023)
@Cookie Jar Fund: tonight there will be a 3-5% selloff but with low volume. Woooooo
Thanks for reading! ![]()
🌎 Awarding Moment
Before moving on to part three, congrats to the following mooers whose comments were selected as the top comments last week! @Wilhelm @PassiveLearner @102392341 @ZnWC @102362254 @魑魅魍魉2222 @cola1010
📮Notice:
Reward will be sent to you this week. Please feel free to contact us if there is any problem.
Weekly Topic
Time to be rewarded for your great insights and knowledge! ![]()
What to expect in the markets next week?
Comment below and share your ideas! We will select 15 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.
Disclaimer:
Any app images provided are not current and any securities are shown for illustrative purposes only.
This presentation is for information and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. See this link for more information.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Moomoo Community Official Account
Bringing you insights, inspiration and the hottest content.
149KFollowers
1199Following
59KVisitors
Follow
ZnWC : Thank you Moomoo
Congratulations to all winners 
moomooZeski : Despite the dip in tech, I'm buying....
PassiveLearner : Thank you very much for the points MooMoo! congrats to all winners too
PassiveLearner : As markets are correcting itself I believe next week would be uncertain for investors around the world, the fear meter shows current investors emotions are at Neutral zone and sliding into Fear.
Investors might be able to grab their desired shares at a lower entry price but please proceed with caution.
I would personally build up the investment fund on $Fullerton SGD Cash Fund (SG9999005961.MF)$ and such to stay safe while still getting some earnings while waiting.
*I'm not a financial advisor hence this isn't any advice just a personal opinion
DzDivz : Markets will wander next week like a drunken adult in a strange port. Small opportunities will exist, but luck is the strategy.
Jungle lee : think that market will be more deep and downward, but it might be a healty correction, myb is time to buy and watch.
A Amy moomooZeski: Are you planning to gamble on financial reports?
Jay chay : Most stocks are at over sold positions and expecting a retracement soon.
102564541 : I voted No because a better opportunity will be here soon.
李有錢 : The market is still unstable
View more comments...