Last week (Aug 18–22),Markets pulled back amid a tech-led downturn, with $标普500(.SPX)$ slipping ~0.2%, $纳斯达克(.IXIC)$down ~0.7%, and $道琼斯(.DJI)$ finishing flat to slightly up. Major AI names like $英伟达(NVDA)$ and $Palantir Technologies Inc.(PLTR)$ led the sell-off earlier in the week before trimming losses, as investor attention shifted toward the upcoming Fed Chair Powell speech at Jackson Hole and mixed retail earnings results weighed on sentiment.
$恒生指数(HSI)$ eked out a slight gain, buoyed by strong earnings from toy maker Pop Mart. However, gains were capped as the broader tech sector felt pressure. Investors remained cautious ahead of global policy cues and mixed macro signals.
Competition Highlights:
🔹 Most-traded stock :$美光科技(MU)$
Micron Technology (MU) has become the most actively traded stock, mainly due to the market's continued digestion of its upward performance guidance and the strong demand for storage from AI/data centers. In addition, analysts have frequently raised their target prices, which has led to a concentration of funds and option trading flowing into the stock, amplifying the overall trading volume.
🔹 Top-performing stock :$Phathom Pharmaceuticals(PHAT)$
Phathom Pharmaceuticals (PHAT) soared as the top-performing stock, spiking over 12% following its Q2 earnings report. The company delivered a revenue beat—$39.5 million versus the estimated $36.4 million—and posted a narrower-than-expected EPS loss of $0.79 versus forecasted $0.91, which sparked strong investor enthusiasm and buyer activity
🌹🥳🥳🎁🎁Congratulations to the following Tigers on this week’s leaderboard!
Top 3 Tigers:
🏆 1st Place:@The Daily Trader$50 voucher
🥈 2nd Place:@snowflower$40 voucher
🥉 3rd Place:@FlyingTesla$30 voucher (See the full leaderboard below
4th–10th Place: Every Tiger will receive a $20 stock voucher
@Jaenelle@MJTAN1@Loh yong song @Sptamil@Loyster@Javier1231@Dkwt
🎉 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!
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Comments
Proud moment to be in top 10