Benzinga examined the prospects for many buyers’ favourite shares during the last week — right here’s a have a look at a few of our prime tales.
The three main averages posted weekly positive factors, with the S&P 500 rising 1.36% and up over 19% for 2024, whereas the Dow gained 1.62% and the Nasdaq superior 1.49%.
The Federal Reserve minimize rates of interest by 50 foundation factors in September, stunning many economists who anticipated a smaller 25-basis-point discount.
Fed Chair Jerome Powell emphasised the necessity to act early to help the labor market, noting that robust employment requires proactive measures. Whereas hinting at potential future cuts, Powell framed this transfer as a recalibration moderately than a broader coverage shift, stressing data-driven decision-making.
Benzinga offers every day reviews on the shares hottest with buyers. Listed below are just a few of this previous week’s most bullish and bearish posts which can be price one other look.
The Bulls
“Palantir ‘Key Enabler’ Of Shoppers’ Companies, Says Bullish Analyst, As CEO Alex Karp Touts 10-Fold Progress From Present Ranges,” by Shanthi Rexaline, highlights Palantir Applied sciences Inc‘s PLTR potential tenfold development as CEO Alex Karp emphasizes the corporate’s position in accelerating shopper success, with BofA Securities sustaining a bullish outlook and a $50 worth goal.
“Walmart Division Sam’s Membership Raises Wages For Hourly Associates: A Strategic Transfer To Keep Forward In Retail,” by Anusuya Lahiri, particulars Walmart Inc.‘s WMT Sam’s Membership wage improve for practically 100,000 frontline staff, with hourly pay rising 3%-6% as a part of a method to reinforce employee retention and efficiency.
“Dogecoin Will Outperform Bitcoin In 2025, Vows Dealer: Right here’s What The ‘Follower Impact’ Means,” by Khyathi Dalal, shares a crypto dealer’s perception that Dogecoin DOGE/USD will outperform Bitcoin BTC/USD in 2025, benefiting from its fast development and leveraging Bitcoin’s trajectory through the “follower impact.”
For extra bullish calls of the previous week, take a look at the next:
Qualcomm Analyst Sees Alternative In ‘Regaining Share With Samsung’ After Apple Income Squeeze
Nvidia Considers $165M OctoAI Acquisition, Goals to Strengthen AI and Cloud Dominance
The Bears
“Apple iPhone 16 Pre-Orders Present Potential Low Demand, One Signal Might Level To Firm Break With This Worker Rule,” by Chris Katje, highlights considerations over weaker-than-expected demand for Apple Inc‘s AAPL iPhone 16, with an analyst citing early pre-order knowledge of 37 million models and worker reductions obtainable unusually early as potential warning indicators.
“Dwelling Depot Agrees To Settlement, Whereas Overbought Alerts Warn Of Potential Promote-Off,” by Mark Putrino, reviews on Dwelling Depot Inc‘s HD practically $2 million settlement for overcharging allegations. On the similar time, technical indicators recommend the inventory could face a sell-off resulting from overbought situations.
“Brace For Stagflation After Fed’s Benevolence, Warns Analyst, Elevating 5 Company Crimson Flags: ‘Inflation Is Transitory Mistake All Over Once more’,” by Shanthi Rexaline, discusses Gordon Johnson‘s warning that the Federal Reserve‘s current price cuts might result in stagflation, citing downturns at Skechers U.S.A., Inc. SKX and FedEx Corp. FDX as purple flags.
For extra bearish takes, be sure you see these posts:
EXCLUSIVE: Choices Knowledgeable Warns Of ‘Horrible Week’ After Friday’s Triple Witching
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This content material was partially produced with the assistance of AI instruments and was reviewed and revealed by Benzinga editors.
This content material was partially produced with the assistance of AI instruments and was reviewed and revealed by Benzinga editors.
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