Benzinga – By Michael Cohen, Benzinga Editor.
Last week, Benzinga looked at the outlook for stocks that are popular with many investors. Here are some of the top articles.
The S&P 500 and Nasdaq rose 2.7% and 4.2%, respectively, having their best week since November and ending their recent losing streak. The Dow also rose slightly by 0.7%.
High-tech stocks represented by Invesco QQQ Trust (NASDAQ:QQQ) posted its strongest performance in 2024 after four weeks of declines, driven by easing geopolitical tensions in the Middle East and strong corporate earnings.
However, U.S. economic growth slowed in the first quarter and an unexpected rise in a key inflation indicator postponed discussions about a possible rate cut.
Benzinga provides daily reports on the stocks that are most popular with investors. Here are some of last week’s most bullish and bearish posts that are worth revisiting.
bulls
Chris Katje, “Microsoft Q3 sheds light on the ‘AI innovation cycle’: Analysts see ‘plenty of runway for growth'” reports: microsoft (NASDAQ:MSFT) beat third-quarter financial expectations. Analysts are optimistic about the growth potential of AI, especially in Azure, and predict significant future revenues.
“The trader who turned $15,000 into $5 million predicts these 4 meme coins to emulate the success of DOGE, SHIB, FLOKI” (written by Khyathi Dalal) explains cryptocurrency influencers doing crashAccording to your prediction Brett (Brett), Bobo (Bobo), pepe (Crypto:Pepe) and resistance dog (REDO) could match its past success. dogecoin (Crypto:Doge) and Shiba Inu (CRYPTO: SHIB) Meme coin market.
“Palantir’s ‘Rock Concert’ AI Sales Strategy Is Rapidly Boosting Commercial Sales: ‘We Can’t Get Enough’” by Adam Eckert explains how. Palantir Technologies Co., Ltd. (NYSE:PLTR) is innovatively using a boot camp reminiscent of a rock concert to dramatically increase commercial sales without a traditional sales team, CEO explains alex karp.
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Check out below for additional bullish calls from the past week.
Tesla records its strongest session since January 2022: Is a trend reversal underway?
Ford CEO Jim Farley reposts video of F-150 Lightning powering bounce house after generator failure
Microsoft’s Azure strength could have implications for the Warren Buffett-backed stock and another big cloud company, analysts say.
bears
Cryptocurrency ‘Greed is at near all-time highs, but prices aren’t rising’ warns traders: ‘This cycle is a bit cooked’ by Kyati Dalal Greed Index hits record levels For cryptocurrencies like the Bitcoin (CRYPTO: BTC) has not escalated, indicating potential market instability.
“Trump Media & Technology Group Stock Price Manipulation? CEO Devin Nunes Urges House Republican Leaders to Investigate” (written by Navaparna Bhattacharyya) reports: Devin NunesCEO of Trump Media & Technology Group Corporation (NASDAQ:DJT) has requested a Congressional investigation into possible stock manipulation, citing unusually high costs and questionable trading practices involving DJT stock.
“Tesla is now Enron, folks: Facebook co-founder claims Musk’s EV giant is cooking some FSD data” by Shanti Rexalin. dustin moskowitzThe co-founder of Facebook (now Meta) made the accusation. tesla company (NASDAQ:TSLA) and CEO Elon Musk The company is accused of falsely representing its Fully Self-Driving (FSD) capabilities, likening the company’s situation to the infamous Enron scandal.
For more bearish views, be sure to check out our next post.
Is Apple in trouble? Tim Cook reportedly lowered Vision Pro shipment forecasts by up to 50%, with analyst saying demand has ‘dropped precipitously’
Walmart rolls out new payment options, acknowledges stock price drop: Details
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After disappointing first quarter, analysts say turnaround efforts are taking root but Intel is ‘still a work in progress’
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