Benzinga Examined the Prospects for Many Investors' Favorite Stocks Over the Last Week

The S&P 500 decreased by 0.8% and the Nasdaq dropped by 2.1%, with both indexes experiencing consecutive weekly losses for the first time since April.

The S&P 500 and Nasdaq experienced consecutive weekly losses for the first time since April, with the S&P 500 decreasing by 0.8% and the Nasdaq dropping by 2.1%. In contrast, the Dow saw a 0.8% increase, achieving its fourth straight positive week — a milestone not reached since May.

On the other hand, small-cap stocks continued to perform well, with the Russell 2000 Index achieving its third consecutive week of gains, fueled by optimism over potential interest rate cuts.

Meanwhile, the U.S. economy grew at an annualized rate of 2.8% in the second quarter, surpassing the expected 2% growth, while a key inflation measure watched by the Federal Reserve fell to 2.5% in June, the lowest since February 2021, reinforcing expectations for a rate cut in September.

Throughout the week, Benzinga covered stocks closely followed by retail investors, highlighting both bullish and bearish calls made by market experts, analysts, and fund managers.

Here are a few of the top posts that are worth another glance.

The Bulls

“AMC Entertainment Stock Halted: Movie Theater Chain Announces Restructuring Of Debt Load,” by Adam Eckert.

AMC Entertainment Holdings Inc. (NYSE:AMC) plans to restructure its debt by moving its U.S. theaters into a different unit and issuing new secured term loans, the movie theater chain announced on Wednesday.

CEO Adam Aron anticipates recovery and growth, addressing recent box office challenges and discussing the company’s upcoming plans with Benzinga.

“Is Dogecoin Really Moving ‘According To Plan?’ Prominent Analyst Claims: ‘I Haven’t Sold One Single DOGE, I’ve Just Been Buying,'” by Khyathi Dalal.

Crypto analyst Ali Martinez asserts Dogecoin (CRYPTO: DOGE) is following a historical pattern, suggesting a potential 44% rise, as he continues to buy DOGE without selling.

“EXCLUSIVE: Tesla ‘An Elon Musk And A Technology Story First, EV Story Last’ — Market Strategist Explains Why To Buy The Stock,” by Chris Katje.

Market strategist Jay Woods believes Tesla Inc (NASDAQ:TSLA) is driven more by Elon Musk‘s technological innovations than its EV business and why investors should consider buying Tesla stock.

For additional bullish calls of the past week, check out the following:

Southwest Airlines Saved By Procrastination: How 32-Year-Old Software Protected Company From Microsoft Outage, CrowdStrike Issues

Buy The Dip? Market Expert Says Recent Pullback Part Of Healthy Bull Market: ‘A Little Tiny Ounce Of Volatility, It Feels So Foreign’

Microsoft Stock Has Further Room To Run, Says Analyst, As Software Giant Remains On Track To Hit $200B Cloud Revenue In 2 Years

The Bears

“Alphabet Investors Fret Over Margin Impact Of Higher AI-related Capex, But Fund Manager Says Not Spending Enough Exposes Google’s Parent To Risk Of ‘Losing Their Grip On The Future,'” by Shanthi Rexaline.

Concerns are growing among Alphabet Inc. (NASDAQ:GOOG) investors over the increasing AI-related capital expenditures, with some analysts predicting a negative impact on margins.

However, Gene Munster, a fund manager at Loup Funds, argues that the company’s failure to invest sufficiently in AI could jeopardize its future competitive edge in a rapidly evolving technological landscape.

“Mark Zuckerberg Slams Tim Cook’s Apple After Cupertino Reportedly Rejected Its iPhone AI Partnership Proposal: ‘They Wanted To Put Us In A Box…,'” by Ananya Gairola.

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg has criticized Apple Inc. (NASDAQ:AAPL) for rejecting Meta’s proposal for an AI partnership, as per a report by The Information.

For more bearish takes, be sure to see these posts:

Peter Schiff Says ‘Americans Are Broke’ — Points To Ford’s Dismal Q2 Profit: ‘They Can’t Afford To Buy New Cars’ Due To Interest Rates

Jeff Bezos-Era ‘Downstream Impact’ Losing Its Mojo? Amazon CEO Andy Jassy Is Reportedly Rethinking Alexa Devices Business Model Resulting In Billions Worth Of Losses

Vice President Harris Snubs Bitcoin Conference: ‘Would Have Been A Disaster For Her,’ Shrugs Organizer

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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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