Benzinga examined the prospects for many investors’ favorite stocks over the past week — right here’s a have a look at a few of our prime tales.
The Dow Jones Industrial Common hit a file excessive Friday as buyers analyzed knowledge exhibiting continued progress in decreasing inflation. Wall Avenue posted its third straight week of features.
The S&P 500 and Dow each rose about 0.6% for the week, whereas the Nasdaq climbed almost 1%. The private consumption expenditures index, the Federal Reserve’s most well-liked inflation measure, elevated 2.2% in August in comparison with the earlier yr, coming in beneath economists’ expectations.
This adopted the Federal Reserve’s 0.5% rate of interest lower on Sept. 18, the primary in more than four years.
Benzinga supplies every day studies on the shares hottest with buyers. Listed below are a number of of this previous week’s most bullish and bearish posts which can be value one other look.
The Bulls
“Apple iPhone To Fuel 96% Of 2025 Revenue, Analyst Predicts: A Safer Bet Than AI-Heavy Amazon, Alphabet, Microsoft, Meta?” by Anusuya Lahiri, highlights an analyst’s projection that Apple Inc. AAPL will derive 96% of its 2025 income from iPhone gross sales, positioning it as a safer funding than AI-focused giants like Amazon.com Inc. AMZN, Alphabet Inc. GOOG GOOGL, Microsoft Corp. MSFT, and Meta Platforms Inc. META.
“Shiba Inu Soars 29% On SHI Stablecoin Update: Lead Developer Shytoshi Kusama Teases Breakout,” by Aniket Verma, studies that Shytoshi Kusama teased the upcoming launch of the SHI stablecoin, which is seen as an important improvement for Shibarium, sparking pleasure throughout the Shiba Inu SHIB/USD ecosystem.
“Popular Ozempic May Have New Use As Semaglutide Drugs Linked To Reduced Overdose Risk In Diabetic Opioid Users,” by Vandana Singh, studies {that a} new examine discovered Novo Nordisk A/S‘s NVO semaglutide, offered as Ozempic and Wegovy, might decrease the danger of opioid overdose in sufferers with each sort 2 diabetes and opioid use dysfunction.
For extra bullish calls of the previous week, try the next:
Billionaire Tech CEO Makes Cameo In Zuckerberg’s Meta Connect Show
Palantir And APA Amp Up AI Alliance: Multi-Million Dollar Deal To Transform Oil & Gas Operations
The Bears
“Tesla Bull Dampens Enthusiasm Regarding 10/10 Robotaxi Event But Here’s What Would Take To Strengthen Fledgling Stock Recovery,” by Shanthi Rexaline, covers Gary Black‘s skepticism about Tesla Inc‘s TSLA upcoming Robotaxi occasion as a inventory catalyst, whereas highlighting optimism for a possible sub-$30K compact EV launch that would drive long-term development for Tesla.
“CrowdStrike Executive Struck By Regret In House Hearing, Says Company Determined To Prevent Instances Like Microsoft Outage From Repeating,” by Ananya Gairola, studies Adam Meyers of CrowdStrike Holdings Inc. CRWD apologized to lawmakers for the July international outage brought on by a defective replace affecting techniques working Microsoft software program, promising to forestall future occurrences.
“Peter Schiff Wants To Know If Bitcoin Fans Really Care About King Crypto Underperforming Gold,” by Aniket Verma, highlights Peter Schiff‘s critique of Bitcoin BTC/USD buyers for ignoring its 35% decline towards gold since November 2021, regardless of important media hype and curiosity within the cryptocurrency.
For extra bearish takes, remember to see these posts:
Treasury Bond ETF Under Pressure Ahead Of Key Inflation Data: What Investors Should Know
American Eagle Sues Amazon for Trademark Infringement: Report
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