Last week (August 4-8), the US stock market continued its upward trend, with the S&P 500 index rising about 2.4%, the Nasdaq rising about 3.9%, and the Dow Jones Industrial Average rising about 1.3%, all reaching historic highs. Boosted by strong performance in technology stocks and excellent financial reports, Apple's surge of about 5% boosted market sentiment.
In terms of Hong Kong stocks, although the Hang Seng Index rose by about 1.4% over the week, it fell back on the last trading day and fell by about 0.9% for the whole week, mainly due to poor performance of domestic real estate and chip stocks, as well as concerns about deflation in China, leading to cautious investor sentiment.
Competition Highlights:
🔹 Most-traded and top-performing stock : $Palantir Technologies Inc.(PLTR)$
Palantir emerged as both the most-traded and top-performing stock, powered by its landmark Q2 earnings report: the company not only posted its first-ever $1 billion quarter, but also raised full-year revenue guidance to $4.14–$4.15 billion, driven by surging demand for its AI platform across both commercial and government segments—up 93% and 53% respectively—fueling investor enthusiasm and heavy trading volume.
🌹🥳🥳🎁🎁Congratulations to the following Tigers on this week’s leaderboard!
Top 3 Tigers:
🏆 1st Place:@The Daily Trader$50 voucher
🥈 2nd Place:@宇哲颖$40 voucher
🥉 3rd Place:@888Hong$30 voucher (See the full leaderboard below
4th–10th Place: Every Tiger will receive a $20 stock voucher
@JDNKL@kw888999@noobstylez@JustMeOnly@PunkyBen@BillyR@sean_8120
🎉 Congratulations to all Tigers who earned weekly rewards! Visit the Rewards Center to claim your prize. For detailed instructions, check the competition rules here
🏆 Special Invitation for Contest Winners:
Winners are welcome to contact our staff for an exclusive trading competition interview. In addition to the competition rewards, you’ll have a chance to earn an extra $30 voucher!
How to share:
You can directly share with Tiger's staff and get in touch.
E-mail: sunmanlin@itiger.com
Telegram:+86 13684333750
Go to the competition venue: 2025 Tiger Brokers Trade To Win
*This advertisement has not been reviewed by the Monetary Authority of Singapore. $Tiger Brokers(TIGR)$
For SG Tigers only 🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission.
Trade SG, HK, US stocks as well as ETFs unlimitedly!
Find out more here:
Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.
💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉
Comments