Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
The Dow Jones Industrial Average hit a record high Friday as investors analyzed data showing continued progress in lowering inflation. Wall Street posted its third straight week of gains.
The S&P 500 and Dow both rose about 0.6% for the week, while the Nasdaq climbed nearly 1%. The personal consumption expenditures index, the Federal Reserve’s preferred inflation measure, increased 2.2% in August compared to the previous year, coming in below economists’ expectations.
This followed the Federal Reserve’s 0.5% interest rate cut on Sept. 18, the first in more than four years.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week’s most bullish and bearish posts that are worth another look.
The Bulls
“Apple iPhone To Fuel 96% Of 2025 Revenue, Analyst Predicts: A Safer Bet Than AI-Heavy Amazon, Alphabet, Microsoft, Meta?” by Anusuya Lahiri, highlights an analyst’s projection that Apple Inc. (NASDAQ:AAPL) will derive 96% of its 2025 revenue from iPhone sales, positioning it as …
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