TSM - Benzinga Bulls And Bears: Tesla Nvidia Bitcoin And A Sudden Spike In Google Searches For Shiba Inu | Benzinga
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, the S&P 500 climbed 2.3%, while the Dow Jones saw a nearly 2% increase, marking its best performance since December. The Nasdaq led the gains, soaring by nearly 2.9%.
Despite rising inflation and solid economic indicators that might avoid a downturn, the Federal Reserve held interest rates steady but hinted at potential cuts of up to 75 basis points this year. Fed Chair Jerome Powell‘s comments bolstered market optimism, alleviating concerns over delayed monetary easing due to recent spikes in inflation.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of the week’s most bullish and bearish posts that are worth another look.
The Bulls
“Jim Cramer Calls The Bottom In Tesla Stock, Why He Says ‘Right Now' Is The Time To Buy,” by Adam Eckert, outlines Jim Cramer‘s assertion that Tesla Inc. (NASDAQ:TSLA) has hit its lowest point, recommending it as the prime ...