Benzinga has reviewed the prospects for many investors favorite stocks Here are some of our top stories from the past week.
Markets staged a comeback on Friday but then collapsed in the final four hours of this week’s trading to end a third straight week of losses. The S&P 500 fell 2.73% this week, while the Nasdaq Composite fell a more modest 1.31% and the Dow Jones Industrial Average ended the week 1.07% lower.
Ahead of Labor Day weekend, the Labor Department said it added 315,000 new workers in August, down from the 318,000 economists were expecting. Unemployment rose two-tenths of a percent to 3.7 percent in August. Investors are now looking to the August CPI figure, which is due on September 13, to gauge further action by the Fed on interest rates.
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
“Disney is trying to pull off an Amazon with “Prime-Like” bundle service: WSJ‘, by Shanthi Rexaline, highlights a reported plan The Walt Disney Company DIS to Start a membership program that might be similar Amazon.com Inc‘s AMZN First class service.
“Is Uber stock a “screaming” buy? Why Josh Brown thinks the bottom is in‘, by Adam Eckert, explains why Ritholtz Wealth Management CEO Josh Brown thinks Uber Technologies Inc ABOVE The stock has taken root.
In the “Apple said it’s focusing on that word for AR/VR products‘ writes Shanthi Rexaline of a new trademark filing by apple inc AAPL which could foreshadow plans for an augmented reality/virtual reality headset.
For more bullish calls from the past week, see:
Where to Watch Apple’s Bounce as the Stock Approaches the Critical Zone
