Benzinga has examined the prospects for a lot of traders’ favourite shares over the previous week, this is a take a look at a few of our high tales.
Shares ended the Friday session with not solely a shedding week, but additionally a shedding month and quarter, because the mass promoting of equities continued. The S&P 500 was down 2.64% for the week, the Dow Industrials gave up 2.75% and the Nasdaq Composite fell by 2.38% this week. September has traditionally been a tough month for the markets, this yr was no exception.
The three indices are actually at their lowest ranges since 2020, and are all buying and selling in confirmed bear markets.
Benzinga continues to look at the prospects for lots of the shares hottest with traders. Listed here are a couple of of this previous week’s most bullish and bearish posts which might be value one other look.
“Rivian R1S ‘Feels A Lot Larger’ Than Tesla’s Mannequin Y: Munster Weighs In After First Trip,” by Shanthi Rexaline, appears at what Loup Funds’ Gene Munster needed to say after using Rivian Automotive Inc’s RIVN Launch Version R1S.
In “Cathie Wooden’s Confidence In Tesla ‘Could not Be Increased,’ Says Elon Musk-Led Automaker Sits In ‘Driver’s Seat’ Of EV Growth,” Adam Eckert explains why Ark Make investments CEO Cathie Wooden stays as bullish as ever on Elon Musk‘s Tesla Inc TSLA.
“Is Apple Inventory A ‘Protected Haven’ For Tech Buyers? This is What iPhone Demand Traits Present,” by Adam Eckert, particulars an analyst’s viewpoint that Apple Inc AAPL is changing into a “protected haven” for tech traders.
For added bullish calls of the previous week, try the next:
Meta, Snap, TikTok, Pinterest, Twitter All Noticed Engagement Enhance In Q3 — However Analyst Says 1 Platform Stands Out
Cathie Wooden Masses Up $12M In Shares Of Software program Firm Day After It Introduced Collaboration With Microsoft
AMC Leisure Consolidates APE Fairness Distribution Settlement: This is What To Watch
“Mark Zuckerberg’s Meta No Longer Amongst High 10 Most-Useful Firms: Who Overtook The Tech Big?” by Bhavik Nair, notes that Meta Platforms Inc. META is not among the many high 10 most useful firms on the planet as its market cap fell to $366.61 billion.
“Apple Pulls Again iPhone 14 Manufacturing Ramp-Up As Demand Underwhelms: Report,” by Shivdeep Dhaliwal, appears at Apple’s choice to step again from elevating manufacturing of its new iPhone 14 lineup in 2022.
In “‘Large Brief’ Investor Michael Burry Reminisces Dow’s Largest Single-Day Fall In 2008: Wonders ‘If This May Be Worse,'” Bhavik Nair, explores why ‘Large Brief’ investor Michael Burry thinks the present international financial setting could possibly be worse than the 2008 monetary disaster.
For extra bearish takes, you’ll want to see these posts:
Senior Apple Govt Exits After Crude Remarks On Girls Go Viral On TikTok: ‘I’ve wealthy automobiles, play golf and…’
Cathie Wooden Says Powell’s ‘Sledgehammer’ To ‘Slay’ Inflation Method Extra Highly effective Than Volcker’s In Nineteen Eighties: ‘Fed May Undermine Its Legacy’
Distinguished Apple, Tesla Analyst Warns Of Extra Ache For US Shares In Coming Months
Sustain with all the most recent breaking information and buying and selling concepts by following Benzinga on Twitter.