Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.
The bulls were running on Wall Street this week as all three major indexes finished higher. The S&P 500 Index, tracked by the SPDR S&P 500 ETF Trust (ARCA: SPY), reached unprecedented all-time highs in the final session of the week, a notable achievement over two years since its last peak.
Leading the stock market's recovery this week were major technology stocks, fueled by rising investor enthusiasm due to breakthroughs in artificial intelligence and strong consumer demand. The Nasdaq 100, tracked by the Invesco QQQ Trust (NASDAQ: QQQ), marked its 11th week of gains in the past 12, setting new historic highs and surpassing the 17,000-point threshold.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.
The Bulls
"Uber, Tesla Team Up To Drive EV Adoption: Khosrowshahi Says Company Remains 'Totally Committed' To Electrification Despite Demand Concerns," by