Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.
Markets ended the week mixed, with the S&P 500 and Dow slipping while the Nasdaq notched a slight gain, buoyed by strength in tech. Tesla Inc. (NASDAQ:TSLA) extended its losing streak to a ninth consecutive week despite a broad market rebound earlier.
Investors digested a Federal Reserve decision to hold rates steady, alongside revised projections showing slower GDP growth and higher inflation for 2024. Fed Chair Jerome Powell downplayed the impact of potential tariffs as "transitory."
Meanwhile, jobless claims remained steady, and traders weighed the likelihood of rate cuts later this year amid stubborn inflation and economic uncertainty.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.
The Bulls
For additional bullish calls of the past week, check out the following:
Chinese Stocks Poised For Best Quarter Vs. S&P 500 Since 2007 As Investors Bet On Policy Turnaround
Luminar Technologies Stock Continues To Surge: What's Going On?
The Bears
For more bearish takes, be sure to see these posts:
NIO Q4 Earnings: Revenue & EPS Miss, 45% Delivery Growth, Margin Gains And More
Restaurant Sales Sink: Recession Warning Or Just Weather-Driven Dip?
Trump Administration Weighs Deep Cuts To Domestic HIV Prevention Programs, Gilead Stock Slides
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