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 gained around 2% this week, with the S&P 500 and Nasdaq each rising approximately 1.7%. Despite NVIDIA Corp. (NASDAQ:NVDA) surpassing analysts’ expectations for Q3 earnings and revenue, its stock traded flat, leaving the market’s rebound to unfold independently of its AI momentum.
Meanwhile, Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) faced a steep decline after the DOJ pushed for Chrome’s divestiture, erasing over $120 billion in market cap on Thursday.
On the economic side, November saw strong U.S. private sector growth, with S&P Global’s PMI showing the services sector expanding at its fastest rate since March 2022, while inflation pressures eased, aiding the Fed’s outlook.
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
“EXCLUSIVE: Bitcoin Advocate Anthony Pompliano Says Coinbase Is Similar To Apple, ‘Has Something That Can’t Be Bought’,” by Chris Katje, features Anthony Pompliano comparing Coinbase Global, …
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