Over the last week, Benzinga looked at the prospects for many investors' favorite stocks - here's a look at some of our top stories.
The tech-heavy Nasdaq led the markets higher this week, with the bullish mood that kicked off 2023 on Wall Street. The S&P 500 went up 2.47%, the Dow Industrials gained 1.81% and the Nasdaq finished the week 4.32% higher.
The Commerce Department reported that the U.S. GDP rose 2.9% in the fourth quarter, ahead of economist estimates of a 2.6% gain. The Bureau of Economic Analysis reported on Friday that the personal consumption expenditures price index increased 5% in December, down from a 5.5% increase in November and below economist estimates of a 5.5% gain.
Benzinga continues to study the prospects of many of the most popular stocks with investors. Here are some of the most bullish and bearish posts of the past week that are worth a look.
Are cybertruck expectations too high in 2023? Musk said I wouldn't put too much thought in the start of production, by Chris Katje, looks at new details provided by Tesla Inc TSLA CEO Elon Musk on the upcoming debut of the Cybertruck electric pickup truck.
In Why Bill Ackman says this company could be the next Berkshire Hathaway, Wayne Duggan explains why WeCommerce Holdings Ltd WECMF and Berkshire Hathaway Inc NYSE: BRK-B 3 Trillion Shiba Inu SHIB USD token has been transferred to an unknown wallet after Kusama Confirms Massive Burn Ahead of Shibarium Launch.
For more bullish calls of the past week, check out the following :
How can I supercharge my portfolio with 5 REITs with the highest paying dividends?
After being abruptly laid off by the tech giant, Google Employees Publicize Heartless Axing after Multiple 15 Year Employees Canned Via Email: What A Slap In The Face,'' by Adam Eckert, details the reaction of Alphabet Inc GOOG GOOGL former employees.
As Chevron Buyback Irks Biden, Jared Bernstein Says Excessive Repurchases Have Been A Concern For President, reports on the continued tension between Chevron Corporation CVX and President Joe Biden, as the energy giant announced a $75 billion stock buyback program.
For more bearish takes, be sure to see these posts:
Elon Musk Gave A Nod As Cathie Wood Raises Alarm On Trillion-Dollar Auto Debt Market Facing 'Serious Losses'
Why This Legend Who Predicted The Latest Wall Street Crash Expects 'Meat Grinder' Markets Ahead?
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