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美股掘金 | 绩后狂飙不止!拼多多获大行唱高至140美元;移动营销公司Applovin今年来暴涨超300%,市值逼近150亿美元

US Stock Nuggets | The post-performance boom never stops! Pinduoduo won big hits as high as $140 million; mobile marketing company Applovin has surged more than 300% this year, with a market capitalization approaching $15 billion

Futu News ·  Aug 31, 2023 18:16

Editor's note:“US Stock Nuggets”Keep up with market trends on a daily basis, gain insight into and sort out popular changes and individual stocks with outstanding gains, provide Niuyou with multi-dimensional investment opportunity references, and help Niuyou seize investment opportunities!

Key focus

1. Mobile marketing company$Applovin (APP.US)$It rose more than 4% overnight, and the stock price has risen more than 300% since the beginning of the year! The stock price hit a 52-week high.

2. Broadcasters$Sirius XM (SIRI.US)$It rose more than 7% last night. Its CEO publicly revealed that it had purchased 250,000 shares for 1.03 million US dollars, and the stock price soared in response. Furthermore, the stock has rallied more than 14% since last Thursday.

Although investors should not use internal stock acquisitions as a clear reason to invest, it does represent the company management's confidence in stocks.

It is worth noting that along with the rise in stock prices, the short interest (number of short sales) of Sirius XM Holdings is also rising. Currently, 26.85% of the shares have been sold short, and this stock has dropped by more than 20% this year.

3. The popularity of AI is not declining!$Palantir (PLTR.US)$It rose more than 6% overnight, rebounding for four consecutive days from a low of nearly two months.

The AI boom that temporarily “died out” last week seems to have rekindled this week. Many AI concept stocks have been rekindled along with Palantir's recovery. C3.ai rose more than 2%, SoundHound.ai rose more than 6% to the highest level in nearly five weeks, and BigBear.ai, which rose more than 17% on Tuesday, rose another 8% overnight.

In the face of news, the topic of AI is once again booming. Google will hold a launch conference on the new smartphone on October 4, hinting at its AI capabilities; Bill Gates will attend the Artificial Intelligence Insights Forum hosted by US Senate Majority Leader Schumer on September 13; Cathy Wood, founder of Ark Investment Management, once again mentioned artificial intelligence in the interview, saying that it is not too late to invest in artificial intelligence, and that it has more room for growth and application value than people imagine.

4. The furious never stops!$PDD Holdings (PDD.US)$The results later rose by more than 5%, and many major banks raised their target prices one after another, reaching a high of $140.

Pinduoduo's performance greatly exceeded expectations, and many institutions quickly raised their target prices. Credit Suisse raised Pinduoduo's target price from $120 to $140, with a rating of “outperforming the market”; Daiwa raised its target price to $130 with a “buy” rating; Goldman Sachs raised its target price to $129, and raised its rating from “neutral” to “buy.”

1. Innovate individual US stocks overnight

2. Overnight ranking of popular US stock rises and falls

Editor/Charles

The translation is provided by third-party software.


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