Benzinga has reviewed the prospects for many investors favorite stocks Here are some of our top stories from the past week.
Stocks ended Friday’s session not only with a losing week, but also with a losing month and quarter as the mass selling of stocks continued. The S&P 500 is down 2.64% this week, the Dow Industrials is down 2.75% and the Nasdaq Composite is down 2.38% this week. September has historically been a difficult month for the markets and this year has been no exception.
The three indices are now at their lowest levels since 2020 and are all trading in confirmed bear markets.
Benzinga continues to examine the prospects for many of investors’ favorite stocks. Here are some of the most bullish and bearish posts from the past week that are worth another look.
The cops
“Rivian R1S ‘feels a lot bigger’ than Tesla’s Model Y: Munster weighs in after first ride,” by Shanthi Rexaline, looks at what Loup Funds Gene Munster had to say after riding Rivian Automotive Inc RIVN Start Edition R1S.
In the “Cathie Wood’s confidence in Tesla “couldn’t be greater,” says the Elon Musk-led automaker is in the “driver’s seat” of the EV boom“, Adam Eckert explains why Ark Invest CEO Cathie Wood remains as bullish as ever Elon Musk‘sTesla Inc TSLA.
“Is Apple stock a ‘safe haven’ for tech investors? Here’s what the iPhone demand trends show‘, by Adam Eckert, describes an analyst’s perspective apple inc AAPL is developing into a “safe haven” for tech investors.
For more bullish calls from the past week, see:
AMC Entertainment Consolidates APE Equity Distribution Agreement: Here’s what to watch
The Bears
“Mark Zuckerberg’s Meta No Longer Among the Top 10 Most Valuable Companies: Who Overtook the Tech Giant?‘ by Bhavik Nair, notes this
