Bulls and Bears of the Week: Tesla, Apple, Meta, Bitcoin and An Investor Darling Down 70% – Alphabet (NASDAQ:GOOG)

Benzinga has been examining the outlook for many investors’ favorite stocks over the past week, here’s a look at some of our top stories.

Markets ended the week in the red for the fourth time in five weeks. The S&P 500 fell 5.15%, the Dow Industrials fell 4.16%, and the Nasdaq Composite fell 5.97% this week.

The decline came in reaction to Tuesday’s CPI report, which found inflation rose 8.3% year-on-year in August. Investors are now preparing for the Federal Reserve’s expected rate hike announcement next week. Most expect the Fed to raise interest rates by another 75 basis points.

Benzinga continues to examine the outlook for many of the stocks most popular with investors. Here are some of the most bullish and bearish posts of the past week that are worth a look.

The Bulls

“Is Tesla The New Apple? Fund Manager Says Elon Musk’s Company Will Be ‘Much, Much Bigger,'” by Shanthi Rexaline, explores why hedge funds Worm Capitalits founder Arne Alsin thinking Tesla Inc TSLA hair “barely scratched the surface of what this company can become.”

In “Big Tech Analyst Sees Choppy Waters Ahead, But Say You Can Buy Apple, Meta Right Now: ‘TikTok Will Eventually Be Banned,'” Adam Eckert explains why Loup Ventures’ Gene Munster has added positions in Apple Inc AAPL and Meta Platforms Inc META.

Rich Dad Poor Dad Author Says Bitcoin Revolution Will Be Bigger Than Gunpowder Revolution By Samyuktha Sriram, Explains What Robert Kiyosaki means by saying that Bitcoin BTC/USD the revolution will be greater than the “gunpowder revolution”.

For more bullish calls from the past week, check out the following:

Skybridge Capital founder Anthony Scaramucci breaks down the juicy details of the FTX deal

Amid Wall Street Bloodbath, Cathie Wood Picks Up Over $16M Each in Roku and This Video Communications Stock

Here’s how many additional subscribers Netflix expects with its ad-supported plan

The bears

In “Google Parent Slashes Projects At Product Innovation Unit By 50% Amid Pivot To Artificial Intelligence: Report”, Shanthi Rexaline writes that Alphabet Inc GOOG GOOGLE told the employees at the internal R&D department that the number of incubator projects is being halved.

“Once An Investor Darling, Insiders Avoided Buying Stocks This Year, Despite Shares Falling 70%”, by Arron Bry, points out that although stocks in Palantir Technologies Inc PLTR is down 70% in the last year, company managers and insiders are not buying the stock.

“‘Deteriorating trends’ in cannabis retail are here: Can downward trend reverse?” by Jelena Martinovic, looks at the worsening growth trend of cannabis companies that Cresco Labs CRLBF and Trulieve Cannabis Corp TCNNF in seven out of 10 analyzed conditions.

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

CPI data throws SPY, stock market into chaos: What’s going on?

The US said it is considering sanctions against China to deter invasion of Taiwan, and it could be a “far more complex” exercise than one with Russia

Mark Zuckerberg’s Metaverse strategies raise concerns from VR developers

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