Check Benzinga odds Preferred stocks by many investors Over the past week – here’s a look at some of our most important news.
Markets did not respond well to the Federal Reserve’s decision to raise interest rates by 75 basis points for the fourth time in a row. The S&P 500 ended the week down 2.87% after the sharp drop that followed immediately Federal Reserve announcement. The Dow Jones Industrial Average lost 1.07% for the week, while the Nasdaq Composite lost 5.02%.
On Friday, the Labor Department reported that the US economy added 261,000 job opportunities In October, it beat economists’ estimates of 205,000 jobs. Wages are up 4.7% year over year and It rose 0.4% from September.
Benzinga continues to study the prospects of many of the stocks most popular with investors. Here are a few of the most ups and downs of the past week that are worth another look.
“Elon Musk Should Keep Twitter and Dogecoin Away From ‘Most Bullish Score’ For Meme Coin: AnalystBy Shivdeep Dhaliwal Why does an analyst say it could be bullish if Elon Musk keep twitter and Dogecoin DOGE / USD Apart from that, after he purchased the microblogging platform.
in “Meta platforms hit 52-week lows, but this analyst remains very bullish,” AJ Fabino writes it so Meta Platforms Company dead Falls to 52-week lows, Tigress Research Director Evan Fence The stock maintains a strong buy rating and a target price of $260.
“Cathy Wood Adds This Bitcoin-Linked Stock For Second Day In A Row With $5 Million Buy — And Robinhood Share Also Increases,” by Bhavik Nair, notes that Kathy Wood– Led by ARK Investment Management uploaded to block you mint Stock this week, as well as buying Robinhood Markets Inc Hood Involved.
For more bullish calls from last week, check out the following:
“Tesla is said to be closing its first showroom in China as Elon Musk reworks its strategy amid sluggish demandBy Nevdeep Yadav, details of the news that Tesla Corporation TSLA Reportedly shutting down its first showroom in China, the electric car maker appears To adjust the sales strategy in its second largest market.
in “Apple continues to bleed senior executives as online retail vice presidents, industrial design reportedly quitBy Shivdeep Dhaliwal writes this key two Apple company AAPL It is said that CEOs are now heading out after the company’s chief privacy officer It’s called ending in August.
“Carvana Stock Drops 25% After Missing Third-Quarter Earnings: What 3 Analysts Say“by AJ Fabino, reviews the reaction of analysts after shares of Carvana Company CVNA It fell 38% on Friday after the online used car dealership missed Wall Street’s top and bottom expectations for the third quarter.
For more downside, be sure to see these posts: