Bulls And Bears Of The Week: Tesla, Apple, Microsoft And Dogecoin Millionaire's Plan To Buy More Cardano

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Benzinga examined the prospects for many investors' favorite stocks implicit the past week — here's a look astatine immoderate of our apical stories. 

The 3 large indexes are disconnected to a beardown commencement successful 2023. The S&P 500 climbed 2.67% this week, the Dow was up 2%, and the Nasdaq surged by 4.82%. The crypto marketplace has besides taken a bullish turn, arsenic Bitcoin BTC/USD spiked to implicit $21,000 on Friday night.

Earlier this week, the Labor Department reported the user terms index gained 6.5% in December, down from a 7.1% summation successful November and successful enactment with economist estimates. Thursday's study besides showed Core CPI inflation, which excludes volatile nutrient and vigor prices, was 5.7% successful December, besides successful line with the expectations of economists. 

Benzinga continues to analyse the prospects for galore of the stocks astir fashionable with investors. Here are a fewer of this past week's astir bullish and bearish posts that are worthy different look.

The Bulls

"Is Tesla The New Meme Stock In Town? Retail Interest Surges To Record High Amid Reversal In Sentiment," by Shanthi Rexaline, looks astatine how Tesla Inc TSLA shares are gaining momentum amid hopes that the worst whitethorn beryllium down the company, with retail investors driving the surge.

In "Millionaire Dogecoin Investor Dares To Go Big On Cardano If Price Drops To This Level," Mehab Qureshi reports that Glauber Contessoto, known arsenic the Dogecoin DOGE/USD Millionaire, plans to bargain further Cardano ADA/USD coins if prices driblet to circumstantial levels. 

"Cathie Wood Makes This Molecular Diagnostics Company Top Holding Of Ark Invest's Flagship Fund, Catapulting Past Zoom, Tesla," by Shanthi Rexaline, reports that Exact Sciences Inc EXAS has go the apical holding of Cathie Wood-led Ark Invest’s flagship exchange-traded fund.

For further bullish calls of the past week, cheque retired the following:

Wait, Is Bill Gates Working On ChatGPT With Microsoft?

Is Ethereum Classic Headed Toward $25? A Look At The Crypto's Technicals

Tesla Rival Clocks 80% Jump In 2022 Deliveries Amid Disastrous Year For EV Companies

The Bears

"Jim Cramer Sold The Stock He 'Swore' He Would Never Sell: Why The 'Ultimate Buy-And-Hold Stock' Had To Go," by Adam Eckert, looks astatine wherefore CNBC's Jim Cramer has decided to merchantability shares of Microsoft Inc MSFT aft antecedently swearing helium would ne'er bash so.

In "Elon Musk Cries 'Constitutional Violation' Over Facebook's Alleged Censorship Of 'Often-True' COVID-19 Vaccine Content," Shivdeep Dhaliwal details Elon Musk's absorption to a Twitter station connected however Meta Platforms Inc META handles contented that discourages COVID vaccinations.

"Apple Has Canceled The Next iPhone SE, Top Analyst Says — And This Company Stands To Benefit Big," by Ananya Gairola, explains wherefore Apple Inc AAPL has instructed suppliers to cancel the accumulation and shipment of the 2024 iPhone SE 4, according to a apical analyst.

For much bearish takes, beryllium definite to spot these posts:

Tesla Crash On Thanksgiving Day Caused 8 Car Pileup And Injuries, New Report Shows (Video)

Cathie Wood Reacts To Atai's Drastic Stock Plunge After Doomed Clinical Study Results

Peter Schiff Says Fed Will Cut Rates In 2023: No, It's Not Due to Inflation Heading Lower

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