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Nvidia, Apple, Amazon, Spirit Airways — And Dogecoin Drops However Whale Exercise Stays Excessive: Benzinga Bulls And Bears



Benzinga examined the prospects for many buyers’ favourite shares over the past week — right here’s a have a look at a few of our prime tales.

Shares rocketed larger on Friday as recent information revealed nonfarm payrolls surged by 254,000 in September. The unemployment price slipped to 4.1%, defying projections that it might maintain regular at 4.2%.

The S&P 500 climbed 0.22% for the week, whereas the Dow eked out a 0.09% achieve. The Nasdaq, regardless of getting into Friday with losses exceeding 1%, managed a 0.1% weekly rise, marking a notable turnaround.

Crude oil costs jumped once more on Friday, capping off an almost 9% weekly achieve. The surge got here amid heightened tensions within the Center East, following Iran’s missile assault on Israel.

Chinese language tech shares, represented by the iShares MSCI China ETF MCHI, loved one other week of sturdy features, pushed by rising enthusiasm for home stimulus efforts.

Benzinga gives every day stories on the shares hottest with buyers. Listed below are just a few of this previous week’s most bullish and bearish posts which can be value one other look.

The Bulls

“Nvidia CEO Jensen Huang Says Demand For Subsequent-Gen Blackwell GPU Platform Insane: ‘Everybody Desires To Have The Most, And Everybody Desires To Be First,’” by Ananya Gairola, stories that Nvidia Company NVDA CEO Jensen Huang highlighted the overwhelming demand for the brand new Blackwell GPU platform, confirming it’s in full manufacturing and anticipated to drive important income development regardless of investor considerations over delays.

“Is Dogecoin’s Bullish Momentum Over After 18% Retreat From Current Highs? Not But, Say Analysts,” by Aniket Verma, highlights that regardless of Dogecoin DOGE/USD experiencing an 18% drop, analysts like Santiment and Ali Martinez imagine its bullish potential stays sturdy, citing elevated whale exercise and technical indicators of additional upside.

“Apple’s iPhone 16 Professional Demand Correction In Sight: Analyst Highlights Supply Developments Throughout International Markets,” by Anusuya Lahiri, stories {that a} JPMorgan analyst sees stabilizing supply occasions for Apple Inc. AAPL iPhone 16 Professional fashions, indicating a requirement correction forward, as lead occasions for base fashions reasonable throughout key markets just like the U.S., China, and Europe.

For added bullish calls of the previous week, take a look at the next:

Amazon CEO Andy Jassy Stated Prime Video Will Have ‘Meaningfully Fewer Adverts’ Than Rivals. 2 Months Later, Streaming Big Is Reportedly Set To Get Extra Adverts

Cisco Set For Technical Breakout As Golden Cross Indicators Power: Analyst Predicts Inventory Will ‘Quietly’ Climb Greater

Dependable Tesla Quantity Cruncher Forecasts Greatest Supply Beat In 3 Years: Fund Supervisor Says This Might Change The Inventory’s Narrative

The Bears

“Spirit Airways Chapter Chatter Has Critics Blaming Biden: Right here’s What Historical past Reveals About Service Mergers,” by Anthony Noto, explores how Spirit Airways, Inc. SAVE is in chapter talks, with critics blaming the blocked JetBlue merger, whereas historical past reveals that mergers within the airline business typically result in job losses no matter monetary struggles.

“Humana Faces Sharp Decline In Medicare Star Scores For 2025, Braces For 2026 Income Hit,” by Vandana Singh, stories that Humana Inc. HUM is anticipating a significant drop in Medicare Benefit Star Scores, with solely 25% of members enrolled in plans rated 4 stars or above, which might result in important income losses in 2026.

“Amazon CEO Andy Jassy Faces Worker Revolt Over Full-Time Return To Workplace Mandate, 73% Take into account Quitting: Survey,” by Kaustubh Bagalkot, stories that Amazon.com, Inc. AMZN CEO Andy Jassy is going through inner backlash as 73% of surveyed workers think about leaving as a consequence of a brand new full-time return-to-office coverage beginning in 2025, sparking considerations over morale and retention.

For extra bearish takes, be sure you see these posts:

Cramer Says ‘Sizzling Cash’ Flowing From Nvidia, Apple Into China, Focus On Alibaba ‘If You Should’

Japan’s Nikkei Plummets Over 2,000 Factors Amid Change Of Guard, Whereas Chinese language Market Extends Stimulus-Pushed Run: What’s Driving Sentiment In Asia

Boeing Dips In Pre-Market As Struggling Airplane Maker Considers Elevating $10B By Inventory Sale Amid Strike

Sustain with all the newest breaking information and buying and selling concepts by following Benzinga on Twitter.

Picture created utilizing synthetic intelligence by way of Midjourney.

This content material was partially produced with the assistance of AI instruments and was reviewed and printed by Benzinga editors.

© 2024 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.



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