Breaking News
Get 40% Off 0
👀 Reveal Warren Buffett's stock picks that are beating the S&P 500 by +174.3% Get 40% Off

Benzinga Bulls And Bears: Alphabet, Tesla, Bitcoin And A Prediction Of A 700% Dogecoin Pump By July 2024

Published Dec 09, 2023 14:03 Updated Dec 09, 2023 15:10
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. Benzinga Bulls And Bears: Alphabet, Tesla, Bitcoin And A Prediction Of A 700% Dogecoin Pump By July 2024
 
GME
+1.87%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
DOGE/USD
+31.96%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
GOOGL
-2.76%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
TSLA
-7.16%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
BXMT
-3.91%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
GOOG
-2.81%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

Benzinga - by Michael Cohen, Benzinga Editor.

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

This week concluded with gains across all major stock indexes, with the Nasdaq advancing 0.7%, while the S&P 500 and the Dow marked their sixth consecutive positive week, the longest winning streaks for both indexes since 2019. The broad market index rose by 0.2% and the Dow finished marginally higher.

Market sentiment, initially boosted by expectations of Federal Reserve interest rate cuts in 2024, faced some restraint on Friday due to a strong labor market report and an unexpected increase in the University of Michigan's consumer sentiment for December.

Investors are now focused on the upcoming release of November's inflation data next Tuesday and the Federal Reserve Open Market Committee meeting on Wednesday.

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 "Meme King Ryan Cohen Now Able To Trade Stocks With GameStop Funds," by Chris Katje, reports on GameStop Corp. (NYSE: GME) CEO Ryan Cohen, now authorized to trade stocks using company funds, marking a significant shift in GameStop's investment strategy.

"'Doge Train Left The Station': Analyst Predicts Dogecoin To Skyrocket Over 700% By July 2024," by Mehab Qureshi, discusses an analyst's forecast of Dogecoin (CRYPTO: DOGE) potentially surging over 700% by July 2024, driven by increasing adoption and market trends.

"Google Fires Biggest Salvo Against OpenAI With Gemini — And TikTok Parent Says 'More Powerful' Model Coming Anytime Now," by Rounak Jain, discusses Alphabet Inc-owned (NASDAQ: GOOG) (NASDAQ: GOOGL) Google's new AI model Gemini challenging OpenAI's dominance, alongside TikTok's parent company ByteDance preparing to launch an even more powerful AI model.

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

Feeling 'Lonely', Solana? Analyst Predicts 'Ethereum Killer' To Soar Over 450%, Reaching All-Time High Of $360 By 2025

2024's Potential Stock Surprises: Goldman Sachs Unveils S&P 500 Laggards For Major Gains

Roche, Pfizer Race To Find Next Ozempic As Pharma Giants Hustle To Join Obesity Treatment Market

The Bears "JPMorgan CEO Calls For A Shut Down Of Bitcoin And The Crypto Industry: Here's How Social Media Mocked Him," by Murtuza Merchant, covers JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon's call for shutting down Bitcoin (CRYPTO: BTC) and the crypto industry, and the subsequent mockery on social media.

"Famed Short Seller Carson Block Flags 'Cover Your A**' Situation as Muddy Waters Bets Against Blackstone," by Adam Eckert, highlights Carson Block and Muddy Waters Research's new short position against Blackstone Mortgage Trust Inc. (NYSE: BXMT), and prediction of significant financial challenges and potential dividend cuts for the company.

"Tesla Bull Calls Cybertruck 'Niche Product': 'Demand Will Be Limited … Until Pricing Comes Down,'" by Chris Katje, discusses a Tesla Inc (NASDAQ: TSLA) bull's perspective that the Cybertruck is a niche product and its demand will remain limited until prices are reduced.

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

Palantir's Stock Surge Meets Potential Pause

China's Market In Turmoil As Moody's Warning Erases Reopening Gains

Oil Enters Bear Market As Crude Prices Slump To Five-Month Low

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

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Benzinga Bulls And Bears: Alphabet, Tesla, Bitcoin And A Prediction Of A 700% Dogecoin Pump By July 2024
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email