Benzinga has been exploring the prospects for many investors’ favorite stocks over the past week, here’s a look at some of our top stories.
The S&P 500 ended the week up 0.83%, while the Nasdaq Composite ended down 0.06% and the Dow Industrials ended the week 1.53% higher.
Markets gave back most of the strong gains earlier in the week as the Labor Department reported that the US economy added 263k jobs last month, beating economists’ median estimate of 250k jobs.
Investors and economists are now eyeing a possible fourth straight rate hike by the Fed of 0.75% in November.
Benzinga continues to examine the prospects for many of investors’ favorite stocks. Here are some of the most bullish and bearish posts from the past week that are worth another look.
“Why Shark Tank Investor Kevin O’Leary Plans To Keep Buying Nvidia Stock ‘The More It Gets Crushed’,” by Adam Eckert, explores why Kevin O’Leary plans to further expand its position NVIDIA Corp NVDA though the stock is down more than 55% year-to-date.
“Why This Twitter Analyst Is Raising The Stock’s Price Target” by AJ Fabino describes the reason Rosenblatt Securities raised its price target Twitter Inc TWTR in anticipation of Elon Musk Completed its acquisition of the microblogging platform.
In “‘More competition in traditional gaming’: Microsoft says Sony and Nintendo will benefit from Activision acquisition,” writes Chris Katje Microsoft Corporation MSFT has launched a new page to provide information about the proposed acquisition of Activision Blizzard, Inc. ATVI.
For more bullish calls from the past week, see:
The NYSE was up 90% just 2 days in a row. The last time it happened was 2013, here’s what came next
GameStop Rises On Spotting This Bullish Pattern: Here’s What To Watch
Bitcoin holders might love it at a McDonald’s location in this country that now accepts the crypto
“Tesla shares will remain under pressure after Twitter deal news, analyst says – unless Elon Musk clarifies,” explains Shanthi Rexaline, why Future Fund analyst Gary Black says Tesla Inc TSLA Stocks will likely continue to underperform as long as the Musk/Twitter deal remains in flux.
In “Apple Watch User Says He Landed in the ER After His Device Exploded,” Ananya Gairola writes apple inc AAPL The watch’s user reportedly ended up in an emergency room after his device malfunctioned and eventually exploded.
“Ford raises F-150 flash price by 11% to mitigate inflation and supply chain shocks: Here’s its new price tag,” by Bhavik Nair, Details Ford Motor Company f plan to increase the price of the F-150 Lightning Pro electric truck by almost 11%
For more bearish attitudes, see these posts:
Big short investor Michael Burry on how the current market differs from the bursting of the dot-com bubble: “The only way out is to trample on each other”
As cannabis prices plummet, Colorado cannabis growers are looking to halt new licenses
Billionaire VC Chamath Palihapitiya Selling Clover Health Stock: Is He No More Bullish?
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