Tweet from Tesla, Microsoft, BYD, Etsy and Elon Musk sending Dogecoin…

Tweet from Tesla, Microsoft, BYD, Etsy and Elon Musk sending Dogecoin…

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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.

Inflation concerns led to a mixed week for the three major indices. The S&P 500 fell 0.28%, the Nasdaq Composite rose 0.59% and the Dow lost 0.13% for the week.

The Labor Department reported Tuesday that the consumer price index gained 6.4% in January, after rising 6.5% in December but above economists’ estimate of 6.2%. Core CPI inflation came in at 5.6% in January, also ahead of economists’ estimate of 5.5%.

On Thursday, the Labor Department said the producer price index up 0.7% Month-on-month in January, it beat market estimates by gaining 0.4% and marking its biggest rise in seven months.

Benzinga provides daily reports on the stocks most popular with investors. Here are some of the most bullish and bearish posts from the past week that are worth another look.

The cops

George Soros increased Tesla’s stake by 270% as the stock plummeted in Q4; But that’s not all – he’s now also banking on this old automaker,” looks at how many shares of Tesla Inc TSLA billionaire investor George Soros’ Soros Fund Management was bought in the fourth quarter of 2022.

In “Charlie Munger’s ‘Favorite Stock of All Time’ Is This EV Maker: ‘Tesla So Way Ahead in China’” Shivdeep Dhaliwal outlines why Charlie Munger says BYD Company Ltd BYDDF is a “very remarkable company” that is worth more than the entire Mercedes group.

power of the dog? Elon Musk’s Dog Tweet Makes Traders Howl: Latest on Shiba Inu, Dogecoin, Floki‘, by Murtuza Merchant, looking at the tweet Elon Musk that sent Dogecoins DOGE/USD And Shiba Inu SHIB/USD flies higher this week.

For more bullish calls from the past week, see:

Meme stocks are back, short sellers beware: The quick-hit playbook for 2023

Wait, is Elon Musk considering an offer from Manchester United after all?

EXCLUSIVE: Owning The Experience, Ark Invest’s Nick Grous on…

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