Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
The S&P 500 and Dow Jones Industrial Average reached new record highs this week, boosted by a robust start to the third-quarter earnings season. The S&P 500 and Nasdaq each gained 1.1%, while the Dow rose by 1.2%, marking the fifth consecutive week of gains for these major indexes.
Despite a higher-than-expected inflation report for both consumers and producers in September, interest rate expectations largely stayed unchanged, with traders still anticipating a rate cut in November.
Meanwhile, Chinese stocks posted their worst weekly performance of the year, as investor sentiment was dampened by the lack of expected stimulus measures, despite a strong rally in previous weeks.
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
“Palantir’s Shyam Sankar Says AI Is ‘Experiential,’ And If You Pay Consultants To Help You Think About How To Deploy It, You’re Just Lighting Money On Fire,” by Shanthi Rexaline, details how Palantir Technologies, Inc. (NYSE:PLTR) CTO …
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