• Fri. Oct 7th, 2022

Bulls And Bears Of The Week: Tesla, Netflix, Microsoft And A Crypto That Could Reach $2,300

ByMichael Cohen

Jul 23, 2022
Bulls And Bears Of The Week: Tesla, Netflix, Microsoft And A Crypto That Could Reach $2,300

Benzinga has examined the prospects for many investors’ favorite stocks over the past week, while offering a 24/7 news feed, live chat and charting software on Benzinga Pro

In the midst of earnings season, the three major indices showed some strength this week. The Dow was up 1.96%, the S&P 500 rose by 2.56% and the Nasdaq gained 3.33% for the week. This marked the Dow and S&P’s biggest weekly percentage gains in four weeks.

Investors remain on guard ahead of the Federal Reserve meeting next week. The central bank is expected to raise interest rates by 75 basis points, as the Fed proceeds to tighten fiscal policy to combat skyrocketing inflation.

Benzinga continues to examine the prospects for many of 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

Judge Grants Twitter Expedited Trial Against Elon Musk: What You Need To Know,” by AJ Fabino, highlights the favorable court ruling Twitter Inc TWTR received this week regarding its lawsuit against Tesla Inc TSLA CEO Elon Musk.

Is Ethereum Heading Toward $2,300? Here’s What The Chart Suggests,” by Melanie Schaffer, analyzes Ethereum’s ETH/USD chart and the potential for the crypto to reach the $2,300 level. 

Streaming Wars: Netflix Vs. Disney, Paramount, Amazon, Apple Or HBO Max: Who’s Winning?” by Shanthi Rexaline, explains why HBO Max, now owned by Warner Bros. Discovery, Inc. WBD, is gaining ground on Netflix Inc NFLX.

For additional bullish calls of the past week, check out the following:

‘The Bear Market Is Over’: Sundial Research Founder

Mike Novogratz Predicts $500,000 Bitcoin By 2027 At Bloomberg Crypto Summit

Why A 1% July Interest Rate Hike May Be Off The Table

The Bears

Bob Iger Regrets Hiring Bob Chapek As Disney CEO Successor, Calls It One Of His Worst Business Decisions,” by Chris Katje, looks at why former Walt Disney Company DIS CEO Bob Iger regrets naming current CEO Bob Chapek as his successor.

Elon Musk’s Giga Texas Head Could Exit Tesla Over ‘Suspicious’ Glass Order Probe Linked To ‘Secret Project:’ Report,” by Shivdeep Dhaliwal, explains why a key Tesla Inc TSLA executive who runs the automaker’s Giga Texas factory is expected to leave the company.

Why Are Execs Musk, Zuckerberg, Smith Concerned About The Future Of The US Workforce?” by Dylan Wechsler outlines Microsoft Corporation MSFT President Brad Smith’s concerns about the future of the workforce.

For more bearish takes, be sure to see these posts:

The BIG Short: Hedge Fund Is Up 223% In 2022 Shorting This Sector

Edward Snowden Says Singling Out TikTok For China Link ‘Entirely The Wrong Move’

SEC Says 9 Crypto Tokens Are Securities, Coinbase ‘100 Percent’ Disagrees

Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.





Image and article originally from www.benzinga.com. Read the original article here.