Benzinga has examined the prospects for many investors' favorite stocks over the past week, while offering a 24/7 news feed, live chat and charting software on Benzinga Pro.
It was a familiar feeling for investors during this holiday-shortened week, as all three indexes finishing lower. The S&P 500 dropped by 1.2% this week, while the Nasdaq and Dow each declined by almost 1%.
The latest jobs report showed hiring in the U.S. remained strong in May. The Bureau of Labor Statistics reported that nonfarm payrolls grew by an additional 390,000 jobs last month, outpacing the 328,000 jobs economists were expecting to be added.
Benzinga continues to examine the prospects for many of 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
In "Is Amazon Stock Trading At A Valuation Not Seen 'Literally Since The IPO 20 Years Ago?'" Adam Eckert explains why a Truist Securities analyst says Amazon.com Inc's (NASDAQ:AMZN) valuation has fallen too far, and how the company will overcome its current overstaffing issues.
"Tim Draper: Bitcoin's (BTC) Road To $250,000 Will Be Led By Women," by Samyuktha Sriram, looks at why billionaire venture capitalist Tim Draper thinks that Bitcoin’s (CRYPTO: BTC)
price will “blow past” $250,000 as women become more dominant in retail cryptocurrency spending.
"Palantir To Help Ukraine's Army Resist Russian Invasion, CEO Meets Zelenskyy," by Shanthi Rexaline, details how data analytics company Palantir Technologies, Inc. (NASDAQ:PLTR) has pledged support to help war-torn Ukraine as it continues to fight the ongoing Russian invasion.
For additional bullish calls of the past week, check out the following:
Did You Buy Nvidia Stock On The Sell-Off? Why Jon Najarian Says It's 'The Buy Of The Year'
Sum Of Parts Suggests Shareholders Could Get Amazon's Retail Business For Free
Ford CEO Says Chinese EV Makers 'Incredibly Undervalued,' Expects A 'Shakeout' Soon
The Bears
"Michael Saylor Has No Regrets About $4B Bitcoin Loss, Likens Apex Coin To 2001 Amazon Stock Or Pre-IPO Facebook," by Chris Katje, looks at how MicroStrategy Inc (NASDAQ:MSTR) CEO Michael Saylor is reacting to the drop in the price of Bitcoin (CRYPTO: BTC) and how it's effecting on his own personal money and revenue from his software company.
"Elon Musk Wants To Slash 10% Tesla Jobs, Freeze Hiring Worldwide Due To 'Super Bad Feeling:' Report," by Shanthi Rexaline, outlines an email sent by Tesla Inc (NASDAQ:TSLA) CEO Elon Musk warning of job cuts at the electric vehicle company.
In "Coinbase To Rescind Several Job Offers Amid Bearish Crypto Market," Samyuktha Sriram explains why cryptocurrency exchange Coinbase Global Inc (NASDAQ:COIN) plans to extend its hiring freeze and rescind a number of accepted job offers.
For more bearish takes, be sure to see these posts:
US Adds 390,000 Jobs In May: 'Little Solace In These Numbers'
Dogecoin Creator Says Every Token On Binance Chain Is 'Garbage'
Twitter Says Bye, Bye To TweetDeck: 4 Alternatives For Mac Users
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