Benzinga Bulls And Bears: Tesla, Nvidia, MicroStrategy, Dollar Tree, And Dogecoin Prediction Of $18 In ‘Wild’ Scenario
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
The Dow dropped 1.8% this week, while the S&P 500 fell 0.6%, ending a three-week winning streak. Meanwhile, the Nasdaq gained 0.3%, continuing its climb, driven by optimism in tech and artificial intelligence.
The Nasdaq 100, boosted by the Magnificent Seven, reached record highs, approaching the 22,000 mark and logging a 30% year-to-date gain. Five of the group’s stocks, including Apple Inc. (NASDAQ:AAPL) and Meta Platforms Inc. (NASDAQ:META), hit new highs, with their combined market value surpassing $18 trillion.
Inflationary pressures also persisted in November, with the Consumer Price Index rising 2.7% year-over-year, marking the second consecutive annual increase and presenting challenges for the Federal Reserve’s 2% target. Shelter costs, which rose 0.3%, accounted for 40% of the monthly CPI gain, underscoring the sticky nature of inflation despite earlier signs of disinflation.
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
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