December 9, 2023 9:03 AM | 3 min learn
“End 2023 Robust With 3 Scorching Inventory Concepts – Virtually Free”
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Benzinga examined the prospects for many investors’ favorite stocks during the last week — this is a have a look at a few of our prime tales.
This week concluded with good points throughout all main inventory indexes, with the Nasdaq advancing 0.7%, whereas the S&P 500 and the Dow marked their sixth consecutive constructive week, the longest successful streaks for each indexes since 2019. The broad market index rose by 0.2% and the Dow completed marginally larger.
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Market sentiment, initially boosted by expectations of Federal Reserve rate of interest cuts in 2024, confronted some restraint on Friday as a result of a powerful labor market report and an sudden enhance within the College of Michigan’s shopper sentiment for December.
Buyers at the moment are centered on the upcoming launch of November’s inflation information subsequent Tuesday and the Federal Reserve Open Market Committee meeting on Wednesday.
Benzinga supplies every day reviews on the shares hottest with buyers. Listed here are a couple of of this previous week’s most bullish and bearish posts which might be value one other look.
The Bulls
“Meme King Ryan Cohen Now Able To Trade Stocks With GameStop Funds,” by Chris Katje, reviews on GameStop Corp. (NYSE:GME) CEO Ryan Cohen, now approved to commerce shares utilizing firm funds, marking a major shift in GameStop’s funding technique.
“‘Doge Train Left The Station’: Analyst Predicts Dogecoin To Skyrocket Over 700% By July 2024,” by Mehab Qureshi, discusses an analyst’s forecast of Dogecoin (CRYPTO: DOGE) probably surging over 700% by July 2024, pushed by rising adoption and market tendencies.
“Google Fires Biggest Salvo Against OpenAI With Gemini — And TikTok Parent Says ‘More Powerful’ Model Coming Anytime Now,” by Rounak Jain, discusses Alphabet Inc-owned (NASDAQ:GOOG) (NASDAQ:GOOGL) Google’s new AI mannequin Gemini difficult OpenAI’s dominance, alongside TikTok’s father or mother firm ByteDance getting ready to launch an much more highly effective AI mannequin.
For extra bullish calls of the previous week, try the next:
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2024’s Potential Stock Surprises: Goldman Sachs Unveils S&P 500 Laggards For Major Gains
Roche, Pfizer Race To Find Next Ozempic As Pharma Giants Hustle To Join Obesity Treatment Market
The Bears
“JPMorgan CEO Calls For A Shut Down Of Bitcoin And The Crypto Industry: Here’s How Social Media Mocked Him,” by Murtuza Merchant, covers JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon‘s name for shutting down Bitcoin (CRYPTO: BTC) and the crypto business, and the next mockery on social media.
“Famed Short Seller Carson Block Flags ‘Cover Your A**’ Situation as Muddy Waters Bets Against Blackstone,” by Adam Eckert, highlights Carson Block and Muddy Waters Analysis’s new quick place towards Blackstone Mortgage Belief Inc. (NYSE:BXMT), and prediction of important monetary challenges and potential dividend cuts for the corporate.
“Tesla Bull Calls Cybertruck ‘Niche Product’: ‘Demand Will Be Limited … Until Pricing Comes Down,'” by Chris Katje, discusses a Tesla Inc (NASDAQ:TSLA) bull’s perspective that the Cybertruck is a distinct segment product and its demand will stay restricted till costs are diminished.
For extra bearish takes, make sure you see these posts:
Palantir’s Stock Surge Meets Potential Pause
China’s Market In Turmoil As Moody’s Warning Erases Reopening Gains
Oil Enters Bear Market As Crude Prices Slump To Five-Month Low
Sustain with all the newest breaking information and buying and selling concepts by following Benzinga on Twitter.
“End 2023 Robust With 3 Scorching Inventory Concepts – Virtually Free”
Prepared on your shot on the subsequent potential 32%, 39% or 45% good points in as we speak’s market? You are about to overlook Inventory Professional Gianni Di Poce’s 3 newest inventory concepts… Ones that might shift your total wealth-building journey. Should you’re prepared to finish 2023 robust with 12 sizzling inventory concepts each single month. ACT FAST.
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