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The equity bull market continued in Q3. Stock Strategist Andrew Rocco breaks down key industry group moves such as AI, utilities, and space stocks.
Futu Holdings (NASDAQ: FUTU) stock price has gone parabolic, rising for three straight weeks, reaching a high of $102.97, its highest point since September 2021. It has soared by over 75% this year, making it one of the best-performing companies in Wall Street.
Futu Holdings Limited (NASDAQ:FUTU ) Q2 2024 Results Conference Call August 20, 2024 7:30 AM ET Company Participants Daniel Yuan - Investor Relations Leaf Li - Chairman and Chief Executive Officer Arthur Chen - Chief Financial Officer Robin Xu - Senior Vice President Conference Call Participants Cindy Wang - China Renaissance Chiyao Huang - MS You Fan - CICC Zoey Zong - Jefferies Emma Xu - Bank of America Securities Charles Zhou - UBS Peter Zhang - JPMorgan Hu Shen - CLSA Operator Hello, ladies and gentlemen, welcome to Futu Holdings Second Quarter 2024 Earnings Conference Call. [Operator Instructions].
Futu Holdings Limited stock was recommended for buying in the 50s and selling in the high 60s or 70s, with a long-term wealth building strategy. Q2 2024 key performance metrics showed strong growth in registered and paying clients, client assets, and total revenues for Futu Holdings. Despite impressive revenue and client growth, margin compression, high operating expenses, and minimal earnings growth keep the stock pinned.
JERSEY CITY, N.J. , Aug. 20, 2024 /PRNewswire/ -- Moomoo's parent company Futu Holdings Ltd.
Online brokerages Futu Holdings and UP Fintech Holding , known for helping Chinese investors buy global stocks, have told clients that night trading of U.S. shares would be suspended on Tuesday after a surge in global market volatility.
HONG KONG, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that it will report its financial results for the second quarter ended June 30, 2024, before U.S. markets open on August 20, 2024.
Investors with an interest in Technology Services stocks have likely encountered both Futu Holdings Limited Sponsored ADR (FUTU) and Amplitude, Inc. (AMPL). But which of these two stocks offers value investors a better bang for their buck right now?
JERSEY CITY, N.J. , July 15, 2024 /PRNewswire/ -- The intuitive investment and trading platform moomoo has recently completed a 2024 second-quarter U.S. users survey.
Investors looking for stocks in the Technology Services sector might want to consider either Futu Holdings Limited Sponsored ADR (FUTU) or Thomson Reuters (TRI). But which of these two companies is the best option for those looking for undervalued stocks?