Editor's Note:This Week's Bullish Stocks in Hong Kong and USAThe column closely follows market trends every week, reviewing the weekly performance of Hong Kong and US stock markets, helping mooers to sort out the week's hot sectors, strong stocks, and significant news, looking for investment themes with profit potential.
As of Thursday's close this week, major US stock indices initially rose and then fell, with the Dow Jones Industrial Average down 1.87%, at 41,859.09 points; the S&P 500 Index down 1.95%, at 5,842.01 points; and the Nasdaq Composite Index down 1.49%, at 18,925.73 points. On the news front, from Moody's downgrade of the US sovereign credit rating to the weak demand in the 20-year US Treasury auction, concerns about fiscal deficits and US government debt have emerged; on Thursday, during Eastern Time, Federal Reserve Governor Waller stated that the tax cut bill was causing US Treasury sell-offs, and if tariffs stabilize, interest rates may be lowered in the second half of the year.
In this market environment, several individual stocks performed against the trend.
Backed by NVIDIA, bound to Open AI and Aston Martin,$CoreWeave (CRWV.US)$this week rose over 24%, with the stock price increasing more than 140% within the month.
Last Thursday, CoreWeave reached a $4 billion deal with OpenAI, lasting until 2029, aimed at providing additional cloud computing capacity. The company's CEO, Michael Intrator, stated that the demand for their products is truly insatiable, and to meet this demand, CoreWeave is accelerating its investment plan, with total spending expected to reach $23 billion this year. Additionally, by the end of March 2025, NVIDIA holds CoreWeave shares worth nearly $0.9 billion, with a shareholding ratio of 7%.
On May 22, Aston Martin officially announced that CoreWeave has become its official AI cloud computing partner, meaning Aston Martin will collaborate deeply with CoreWeave in the fields of artificial intelligence and cloud computing to jointly explore the application and development of intelligent technology in the Autos industry.
Undeterred by tariff pressures,$Amer Sports (AS.US)$ Raised full-year profit expectations, Q1 growth is impressive, with a rise of over 20% this week!
On May 21, Amer Sports released its first-quarter Earnings Reports for the fiscal year 2025. The report showed that in the first quarter, Amer Sports achieved revenues of $1.473 billion, a year-on-year increase of 23%; gross margin improved by 350 basis points year-on-year to 57.8%; Net income was $0.135 billion, a year-on-year increase of 2539.22%.
Amer Sports' Chief Financial Officer, Andrew Page, stated that despite facing higher tariff pressures, benefiting from better-than-expected performance in Q1 and continued positive trends in Operation and financial growth, the group has decided to raise its full-year revenue and EPS expectations. Based on the backdrop of a sustained 30% tariff on imports from China throughout the year, Amer Sports expects a year-on-year revenue growth of 15%-17% for the fiscal year 2025, with a gross margin of about 56.5%-57%; growth rate for outdoor functional apparel is expected to be around 20%-22%, while revenue growth for mountain outdoor apparel and equipment is projected to be in the mid-teens, and growth for ball sports and racquet equipment is expected to be in the single digits.
$Snowflake (SNOW.US)$ After the earnings report, it surged by 13.43%. The company emphasizes that tariff policies have not had a substantial impact on its business. Morgan Stanley: It is expected to continue achieving over 20% growth in the future.
In Post-Market Trading on Wednesday, Snowflake announced its Q1 Earnings Reports for fiscal year 2026, ending April 30, 2025. Data shows that the company achieved Q1 revenue of 1 billion USD, a year-on-year increase of 26%, exceeding market expectations; Non-GAAP EPS was 0.26 USD, also above market expectations. Revenue from products in the first fiscal quarter grew by 26% year-on-year, reaching 0.9968 billion USD, while the average analyst expectation was 0.966 billion USD; the remaining performance obligation was 6.7 billion USD, higher than the average analyst estimate of about 6.57 billion USD.
Snowflake expects that in the second fiscal quarter ending in July, product revenue will grow by about 25%, reaching 1.04 billion USD. The average analyst estimate is 1.03 billion USD. The company also raised its full-year product revenue guidance from 4.28 billion USD to approximately 4.33 billion USD. The Chief Financial Officer stated in the earnings call: "We really haven’t seen any impact from current tariff and other news." Wall Street analysts said that despite the uncertainty in the economic environment, this upward revision "indicates management's confidence in the durability of recent demand."
Morgan Stanley analysts pointed out that since Sridhar Ramaswamy became CEO in February 2024, the company has undergone a complete transformation. Snowflake has not only accelerated its pace of product innovation but also enhanced the efficient collaboration between its sales team and market expansion strategy, while improving its ability to handle AI workloads and unstructured data. "The first quarter performance is robust and impressive. We are increasingly confident that Snowflake's long-term growth prospects have significantly improved in the eyes of investors compared to the same period last year. A stable core business foundation, coupled with ongoing efforts in data engineering and the early emergence of growth momentum in AI applications, lays a foundation for sustained growth of over 20% in the coming years, while also driving improvements in operating margin."
Announcing a 2 billion Euro share repurchase plan! The telecom giant.$Vodafone (VOD.US)$ In the week, it rose over 11%, with stock prices reaching a nearly 3-year high.
Vodafone Group engages in Telecommunication Services in Europe and internationally, providing mobile, fixed, and a set of integrated communication services such as IoT, including managed IoT connectivity, Autos and insurance services, as well as smart metering and health solutions; a combination of cloud and security, including public and private cloud services, as well as cloud-based applications and products for protecting networks and devices and international voice; IP transmission and messaging services to support business customers, including small home offices and large multinational corporations.
Recently, the company announced a new stock buyback program of up to 2 billion euros, with the first phase of buybacks worth up to 0.5 billion euros set to commence immediately.
Vodafone announced its latest performance report, which indicates a continuous decline in revenue in its most critical market, Germany. The company predicts that the growth resistance in its largest market, Germany, may lead to a profit increase in the new fiscal year that could be merely flat or experience slight growth. In a statement, the company stated that it expects the adjusted EBITDAaL (Earnings Before Interest, Taxes, Depreciation, and Amortization after Leases) for the fiscal year ending March 2026 to be between €11 billion (approximately $12.4 billion) and €11.3 billion.
On the other hand, the stocks that performed weakly this week are as follows:
Editor/joryn