Benzinga has been researching the prospects for many investors’ favorite stocks for the past week, while also offering a 24/7 newsfeed, live chat and charting software on Benzinga Pro.
It was a familiar feeling for investors in this bank holiday-shortened week as all three indices closed lower. The S&P 500 fell 1.2% this week, while the Nasdaq and Dow were each down nearly 1%.
The latest jobs report showed that US hiring remained strong in May. The Bureau of Labor Statistics reported that nonfarm payrolls grew by another 390,000 jobs last month, beating the 328,000 jobs economists had been expecting.
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
In “Is Amazon Stock Trading At A Valuation Not Seed ‘literally since going public 20 years ago’?” Adam Eckert explains why an analyst from Truist Securities says Amazon.com Inc (NASDAQ: AMZN) the valuation has fallen too far and how the company will weather its current overstaff issues.
“Tim Draper: Bitcoin’s (BTC) Road To $250,000 Will Be Led By Women” by Samyuktha Sriram examines why a billionaire is a venture capitalist Tim Draper think that Bitcoins (CRYPT: BTC)
The price will “surpass” $250,000 as women become more dominant in retail cryptocurrency spending.
“Palantir To Help Ukraine’s Army Resist Russian Invasion, CEO Meets Zelenskyy,” by Shanthi Rexaline, details how the data analytics company Palantir Technologies, Inc. (NASDAQ: PLTR) has pledged support to help war-torn Ukraine as it continues to battle the ongoing Russian invasion.
For more bullish calls from the past week, see:
Did you buy Nvidia stock in the sell-off? Why Jon Najarian says it’s ‘the buy of the year’
Sum Of Parts Suggests Shareholders Could Get Amazon’s Retail Business For Free
Ford CEO says Chinese EV makers are ‘incredibly undervalued’, expect ‘cleansing’ soon
The Bears
“Michael Saylor Regrets No Bitcoin Loss of $4 Billion, Compares Apex Coin to 2001 Amazon Stock or Pre-IPO Facebook,” by Chris Katje, looks at how MicroStrategy Inc (NASDAQ:MSTR) CEO Michael Sailer reacts to the price drop of Bitcoin (CRYPTO:BTC) and how that affects his personal money and earnings from his software company.
“Elon Musk to cut 10% of Tesla jobs, global hiring freezes over ‘super bad feeling’ report,” by Shanthi Rexaline, outlines an email sent by Tesla Inc (NASDAQ: TSLA) CEO Elon Musk Warning of job cuts at the electric vehicle manufacturer.
In Coinbase To Rescind Multiple Job Offers Amid Bearish Crypto Market, Samyuktha Sriram explains why the cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) plans to extend its hiring freeze and rescind a number of accepted job offers.
For more bearish attitudes, see these posts:
US to create 390,000 jobs in May: ‘There is little consolation in these numbers’
Dogecoin Creator says every token on Binance Chain is “garbage”.
Twitter Says Bye, Bye to TweetDeck: 4 Alternatives for Mac Users
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