Benzinga examined the prospects for the favorite stocks of many investors over the past week – here’s a look at some of our top stories.
The market ended the week on high after the US Department of Labor reported on Thursday that the consumer price index rose 7.7% in October, up from 8.2% in September and below the inflation rate of 8% Economists had counted on it.
The S&P 500 had its best week since June, gaining 5.61%, while the Dow Industrials was up 3.99%. The Nasdaq Composite had the strongest week of the three major indices, closing 7.67% higher.
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.
The cops
“Tesla Finds Buyers in Cathie Wood as Stock Rumbles Amid Elon Musk’s Twitter Deal and Stock Sale‘, by Bhavik Nair, gives the number Tesla Inc TSLA Stocks depleted by Cathie Wood-led ARK Investment Management on Wednesday after the stock fell for four consecutive sessions.
In the “Will Coinbase end up like FTX? CEO Brian Armstrong says, “We are not involved in…”This is what Mehab Qureshi writes Coinbase Global Inc COIN chairman Brian Armstrong says his company is very different from bankrupt FTX, noting that Coinbase does not engage in “risky behavior.”
“Apple Watch users, Spotify just improved your music listening experience‘ Ananya Gairola continues Spotify technology JOB new app update on the apple inc AAPL Watch with numerous improvements including swipe gestures and larger controls.
For more bullish calls from the past week, see:
Paul Krugman believes that “a soft landing seems increasingly plausible” as inflation cools
Apple beats Amazon’s record as iPhone maker’s shares surge after inflation data
The Bears
[ad_2]
Source story
