Benzinga examined the prospects for many buyers’ favourite shares during the last week — right here’s a take a look at a few of our high tales.
The three main averages posted weekly features, 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 lower rates of interest by 50 foundation factors in September, shocking many economists who anticipated a smaller 25-basis-point discount.
Fed Chair Jerome Powell emphasised the necessity to act early to assist the labor market, noting that robust employment requires proactive measures. Whereas hinting at potential future cuts, Powell framed this transfer as a recalibration relatively than a broader coverage shift, stressing data-driven decision-making.
Benzinga offers each day experiences on the shares hottest with buyers. Listed here are just a few of this previous week’s most bullish and bearish posts which are value one other look.
The Bulls
“Palantir ‘Key Enabler’ Of Purchasers’ Companies, Says Bullish Analyst, As CEO Alex Karp Touts 10-Fold Development From Present Ranges,” by Shanthi Rexaline, highlights Palantir Applied sciences Inc‘s PLTR potential tenfold development as CEO Alex Karp emphasizes the corporate’s function in accelerating consumer success, with BofA Securities sustaining a bullish outlook and a $50 value 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 enhance for almost 100,000 frontline staff, with hourly pay rising 3%-6% as a part of a technique to boost 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 speedy development and leveraging Bitcoin’s trajectory by way of the “follower impact.”
For extra bullish calls of the previous week, try 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 Doable Low Demand, One Signal Might Level To Firm Break With This Worker Rule,” by Chris Katje, highlights issues 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, experiences on Dwelling Depot Inc‘s HD almost $2 million settlement for overcharging allegations. On the identical time, technical indicators counsel the inventory might face a sell-off because of overbought circumstances.
“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 charge cuts might result in stagflation, citing downturns at Skechers U.S.A., Inc. SKX and FedEx Corp. FDX as pink flags.
For extra bearish takes, you’ll want to see these posts:
EXCLUSIVE: Choices Skilled 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 printed by Benzinga editors.
This content material was partially produced with the assistance of AI instruments and was reviewed and printed by Benzinga editors.
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