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💡 Stocks of the week (21 Apr-27 Apr)
@TigerObserver:Hey Tigers! I am Tiger Observer, sharing market information with you! 🔎🔎🔎 I will post the 10 most searched stocks on the Tiger Trade app. Don't miss my updates!!! Weekly movers: $NVIDIA Corp(NVDA)$ After last week GOOG hit ATH, is it still an opportunity to buy? Tiger’s view @Khikho $Alphabet(GOOG)$In this wave of darts, some friends regretted not taking the car in the morning, and some friends regretted getting in the car too late. As for me, I am the worst. I have been in the car for a long time, but before the big rise, I got out of the car early, I plan to enter the market again anyway, what are you still hesitating about, hurry up and see if you want to follow? $Meta Platforms, Inc.(META)$ Last week, Meta released its earnings report, it became the only red one of the top 10 stocks. What caused this? Tiger’s view @JC888 What Caused The Fall? If there is anything that bugs US market, it will be either (a) overdrive spending and/or (b) a weak outlook. In the case of Meta, it was both conditions. Personally to me it was the sequence of events’ announcements that was ill-delivered. (1) Overdrive Spending. CEO Mark Zuckerberg started Meta’s earnings call by talking about artificial intelligence (AI). Then he moved to metaverse, touting his company’s headsets, glasses and operating system. Next he spoke about Llama 3, Meta’s newest large language model, and Meta AI - its answer to OpenAI’s ChatGPT. He also gave an insight into Reality Labs (Meta’s division) that houses company’s Metaverse hardware and software development centre. He failed to elaborate how these new tools are going to help add revenue for the company. In short, he spent the entirety of his opening remarks focused on the many ways Meta loses money. (2) Q2 2024 Outlook. Zuckerberg did anticipate that Q2 2024’s revenue would be coming in between $36.5 billion and $39 billion. This will be slightly off the midpoint of Wall Street’s expectations of $38.24 billion. Talk of Q2 2024 earnings might be “lost” as investors were likely spooked by the billions that Meta has earmarked to spend in 2024 and even coming years. All these huge expenses to finance its deeper penetration into AI and Metaverse. All the above spoken will not sit well with anyone listening to Zuckerberg’s overwhelming speech: In the midst of a persistent US inflation that won’t budge. And a world with 2 “major” on-going wars in Europe & Middle East. $Tesla Motors(TSLA)$ $NVIDIA Corp(NVDA)$ $Meta Platforms, Inc.(META)$ $SUPER MICRO COMPUTER INC(SMCI)$ $Apple(AAPL)$ $Microsoft(MSFT)$ $Alphabet(GOOG)$ $Advanced Micro Devices(AMD)$ $Marathon Digital Holdings Inc(MARA)$ $NIO Inc.(NIO)$ Among all the stocks above, are there any that you would most like to buy? Please comment to win Tiger Coins! 🎁Prizes If you plan to share content over 200 characters, we strongly recommend selecting the "Also Post" button when posting a comment. In that case, your comment will automatically become a post published in the TOPIC Stocks to Watch Today to compete for additional coins! Also, your content, if selected as an [IDEA] or [PICK], will receive a reward of 50-300 Tiger Coins automatically! If your post is high-quality enough and gains high popularity, there's also a chance to win US$15-25 voucher rewards in our Weekly Top Contributor Program! Tag your friends, join the events, and win Tiger Coins together!$Tiger Brokers(TIGR)$
💡 Stocks of the week (21 Apr-27 Apr)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.