🚀 Feb 17 – Feb 21 Leaderboard: Top Traders & Market Highlights!
Last week (February 17-21), the three major US stock indexes fell across the board, $DJIA(.DJI)$ fell 1.69% to 43,428.02 points, $SPDR S&P 500 ETF Trust(SPY)$ fell 1.71% to 6,013.13 points, and $NASDAQ(.IXIC)$ fell 2.20% to close at 19,524.01 points.
The market was suppressed by multiple bears: the initial value of the US services PMI in February unexpectedly contracted to 49.7 (the previous value was 52.9), the University of Michigan Consumer Confidence Index plummeted to 64.7, and consumer inflation expectations rose to 4.3%, exacerbating stagflation concerns; the Federal Reserve's January meeting notes "maintain high interest rates" signal, the 10-year US Treasury yield fell back to 4.43%, and interest rate cut expectations further cooled.
Competition Highlights:
🔹 Top-performing stock: $Alibaba(BABA)$
Last week, Alibaba's share price rose sharply, mainly due to its latest financial report exceeding market expectations. The company reported that revenue in the third quarter of fiscal 2025 reached 2801.5 billion yuan, an increase of 8% year-on-year; net profit was 46.434 billion yuan, an increase of 333% year-on-year. Among them, cloud business revenue increased by 13% year-on-year, and artificial intelligence-related product revenue achieved triple-digit growth for the sixth consecutive quarter.
In addition, GameStop CEO Ryan Cohen increased his stake in Alibaba to 7 million shares, worth about $1 billion, showing optimistic expectations for China's economic recovery.
🔹 Most-traded stock: $NVIDIA(NVDA)$
NVIDIA's trading volume increased significantly last week, mainly due to the market's anticipation for its upcoming financial report. Investors are watching its performance in artificial intelligence and data center business, which are expected to continue to drive the company's performance growth.
In addition, NVIDIA's cooperation with AMD has also attracted market attention. The new AI data center system equipped with NVIDIA's advanced Blackwell chip is about to be shipped, further enhancing the market's confidence in NVIDIA's future growth.
As of February 21, NVIDIA's share price closed at $134.43, and the trading volume reached 227 million shares.
Congratulations to the following Tigers on this week’s leaderboard!
Top 3 Tigers:
🏆 1st Place: @MagentaPrawn $50 voucher
🥈 2nd Place:@Limbei $40 voucher
🥉 3rd Place:@Vireindhaka $30 voucher (See the full leaderboard below
4th–10th Place: Every Tiger will receive a $20 stock voucher
@patchadam @第二书生 @Blahblabbleh @HLK725 @圆月777 @fatmer5 @TheBullOX
🎉 Congratulations to all Tigers who earned weekly rewards! Visit the Rewards Center to claim your prize. For detailed instructions, check the competition rules here: [Insert link to rules]
🏆 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：13684333750
Go to the competition venue: 2025 Tiger Brokers Trade To Win
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