Must-See: Elon's New Invention is Absolutely Insane

When you click here and see what Elon Musk's new invention does... And how it works... You will NOT believe it. You'll tell yourself this is just science fiction. But Elon just tested this in a real human... And the result was mind-blowing.

Benzinga Bulls And Bears: Apple, Tesla, AMC, Bitcoin And Shiba Inu's Chart Forms Powerful Technical Patterns

Michael Cohen
May 04, 2024

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.

Stock markets ended the week on a high note following reassuring comments from Federal Reserve Chair Jerome Powell.

As the market digested recent inflation surprises, Powell signaled a pause in interest rate hikes, aiming to stabilize inflation around the central bank’s 2% target. This announcement helped the Dow and Nasdaq climb 1.14% and 1.43% respectively, while the S&P 500 saw a modest gain of 0.55% this week.

In labor market news, signs of cooling were evident as April’s job growth slowed compared to March, and the unemployment rate unexpectedly ticked higher. This mixed economic data supports the Fed’s decision to hold rates steady as it monitors economic indicators.

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

“Jim Cramer Says Tesla Stock Will Keep Running Until All Shorts Are Crushed, Praises Elon Musk’s Charisma,” by Shanthi Rexaline, covers Jim Cramer’s opinion that Tesla Inc. (NASDAQ:TSLA) will continue to rise as long as short sellers target it, crediting Elon Musk’s dynamic leadership for bolstering investor confidence.

“Are Dogecoin And Shiba Inu Due A Bounce? This Trader Sees ‘Bull Flag’ Forming For One Coin,” by Khyathi Dalal, discusses chart analyst Ali Martinez’s prediction of a bullish breakout for Shiba Inu (CRYPTO: SHIB), despite a turbulent period for both it and Dogecoin (CRYPTO: DOGE).

“Gene Munster’s Take On Apple’s Q2 Beat, June Quarter Guidance: ‘Things Get Easier For Apple In The Back Half Of Year,'” by Shanthi Rexaline, details Apple, Inc.‘s (NASDAQ:AAPL) promising outlook as per Gene Munster, following Q2 financial success and notable shareholder returns.

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

Carvana Revs Up Over 1,500% In A Year, Inflicts Heavy Losses On Short Sellers

Billions On The Move: Tracking Market Cap Changes In Top Cannabis Firms After DEA Rescheduling Announcement

Nvidia Supercharges AI Chatbot with Advanced Models From Google and OpenAI

The Bears

“AMC Entertainment Analyst Cautious Despite Market Share Gains, Europe Catalyst: ‘Heavy Debt Load, Lack Of Dividends Overshadow These Positive Factors,” by Chris Katje, covers Wedbush analyst Alicia Reese’s cautious stance on AMC Entertainment Holdings (NYSE:AMC) due to its significant debt and expansion limits despite market share growth.

“Bitcoin’s ‘Clock Is Ticking’: Why Edward Snowden Issues ‘Final Warning,'” by Murtuza Merchant, highlights Edward Snowden‘s urgent call for Bitcoin (CRYPTO: BTC) to implement privacy protections at the protocol level, especially after Wasabi Wallet’s CoinJoin service discontinuation.

“Starbucks CEO’s Dilemma Unfolds With Stock Performance, Falling Sales,” by Shivani Kumaresan, discusses Starbucks Corp.‘s (NASDAQ:SBUX) CEO Laxman Narasimhan‘s challenges in boosting the company’s performance amid declining sales and stock value.

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

April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market

Manufacturing Activity Gauge Contracts Again In April: Commodity Costs Hit Producers

Walmart to Shut Down All Clinic Locations Amid Rising Costs – What It Means for Your Healthcare?

Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.

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

Image created using artificial intelligence via Midjourney.

Continue Reading...

Popular

It was once a center of Islamic learning. Now Mali's historic city of Djenné mourns lack of visitors

DJENNE, Mali (AP) — Kola Bah used to earn a living as a tour guide in Mali's historic city of known for the sprawling mud-brick mosque that has been on the UNESCO World Heritage in Danger list since 2016.

The No. 1 Crypto for 2024 - Ad

It's expected to soar 20X bigger than Bitcoin.

Cannabis Meets Prescription Drugs, Steroids And Ketamine In Schedule III: What It Means, Key Stocks To Watch

President Joe Biden's administration is moving to reschedule cannabis from Schedule I to Schedule III under the Controlled Substances Act (CSA).

How to Profit From the New Boom in Gold - Ad

Gold just passed $2,000/oz and is set for a new bull run in 2024. Now a renowned precious metals expert is sharing his No. 1 way to play it for just $5.

Top 3 Materials Stocks You May Want To Dump In May

Three stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

$25 AI Stock Could Deliver Life-Changing Windfall - Ad

Discover a company at the forefront of the AI revolution, with up to $1 billion in government-backed contracts and 1,372 patent applications. Trading at just $25 a share...

One Tech Tip: Protecting your car from the growing risk of keyless vehicle thefts

LONDON (AP) — They appear like ghosts in the night, standing outside your house, one holding up an antenna while the other crouches next to the car parked on the driveway. Within seconds, your car is gone, yet another victim amid enabled by the technology designed to make it easier to unlock and start vehicles.

Snowflake Analysts Remain Overweight: Potential Growth Despite Iceberg Adoption Concerns

Piper Sandler analyst attended Virtual Iceberg Summit with tech giants. Snowflake seen as having potential drag on growth, but threat may be overstated.

Central Banks Buying Gold in Record Numbers - Ad

Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can... Stacking it in their locked vaults on pallets in record numbers. Find out why right here (and see what you can do to get in too with just a few dollars).

Robinhood Crypto Trading Volume Slumped 57% In April

Robinhood Markets Inc. (NASDAQ:HOOD) reported a significant decline in crypto trading volumes for April, reflecting a broader cooling in retail

The Mysterious Tale of "America's No. 1 Retirement Stock" - Ad

This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".

NOT REAL NEWS: A look at what didn't happen this week

A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were shared widely on social media. The Associated Press checked them out.

Buffett Says No Other Americans Would Have Had To Pay Even A Dime In Federal Taxes If This Had Happened

Warren Buffett suggests that federal taxes will likely increase given the country's precarious fiscal position, and he expressed Berkshire's willingness to cover the tax bill it faces.

Is This Nvidia's Secret Weapon? - Ad

You've likely heard about Nvidia's incredible success in AI. But without this startup's technology, Nvidia's groundbreaking AI chips simply wouldn't be possible. It's still flying under the radar. That could change very soon with a major announcement on the horizon.

America Just Hit a Grim Milestone - Ad

Nearly half of U.S. households currently hold no retirement savings. Retirement expert Dr. David Eifrig says what happens next will separate a small number of winners from a very large number of losers. Learn how to protect yourself and your money with his four simple steps that he shares right here.

Taiwan is selling more to the US than China in major shift away from Beijing

WASHINGTON (AP) — Whether it's tapioca balls or computer chips, Taiwan is stretching toward the United States and away from China — the world's No. 2 economy that threatens to by force if necessary.

Should You Buy Bitcoin in 2024? [Expert's Shocking Answer] - Ad

Bitcoin minted 100,000 millionaires and if you're not one of them, that ship has sailed. But there's another millionaire-minting crypto at our doorstep... research shows this coin could be 20X bigger than Bitcoin by the end of the decade. With crypto starting to heat up again, this could be the perfect time to get in.

How to design a volunteering program in your workplace

More workplaces are bolstering their volunteer programs, especially as employee demands grow for socially responsible employers and engagement. Nearly three in five companies surveyed by the Association of Corporate Citizenship Professionals reported last year.

Germany Nears Decision To Ban Huawei 5G By 2026: Report

Germany is moving towards removing Chinese technology from its 5G core network by 2026, with support from three key ministries citing national security concerns.

Earn Instant Cash Flow (using THIS tactic) - Ad

Can you imagine earning $1,118,721/hr? That's what greedy Wall Street elites have been pocketing for 22 straight years. And now it's available to you.

US prisoners are being assigned dangerous jobs. But what happens if they are hurt or killed?

PHOENIX (AP) — Blas Sanchez was nearing the end of a 20-year stretch in an Arizona prison when he was leased out to work at Hickman’s Family Farms, which sells eggs that end up in the supply chains of huge companies like McDonald’s, Target and Albertsons. While assigned to a machine that churns chicken droppings into compost, his right leg got pulled into a chute with a large spiraling augur.

Buy This Next Gen Crypto Before Its Big Upgrade - Ad

Experts predict this one crypto will soar 7,200% by the end of the decade... and grow 20X bigger than bitcoin. But you must get in before it's big.

Italy's RAI journalists strike over budget streamlining, complain of censorship and media repression

ROME (AP) — Some journalists at Italy’s state-run RAI went on strike Monday to protest budget streamlining and what they said was an increasingly repressive atmosphere in Italy for media under the government of Premier Giorgia Meloni.

Delaware judge refuses to fast-track certain claims in post-merger lawsuit against Trump Media

DOVER, Del. (AP) — A Delaware judge on Tuesday granted a request by attorneys for Donald Trump and Trump Media & Technology Group, parent company of his Truth Social platform, to slow down a lawsuit filed by two cofounders of the company.

PASSIVE INCOME (by this evening) - Ad

Hey, I have an unique opportunity for those looking for additional ways to earn income right now. It can be done from home. You can do it in your spare time. And it only takes 6 clicks and as little as $50.

Embed-Map-Marijuana-State Laws, ADVISORY

MARIJUANA-STATE LAWS — Map. This AP digital embed map shows the status of state marijuana laws for recreational and medical use. The Biden administration is considering reclassifying marijuana, which remains illegal at the federal level, as a less dangerous drug. This map is current as of May 3, 2024, and will not update. Source: Marijuana Policy Project.

America Has New Type of Money, Making Some Rich...Should You Get It? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

I-95 overpass in Connecticut scorched during a fuel truck inferno has been demolished

NORWALK, Conn. (AP) — A bridge damaged in a fiery crash that kept Interstate 95 in Connecticut has been demolished.

REE Automotive: Electrifying The Truck Stop? Analyst Bullish On EV Platform

Analyst initiates Buy rating for REE Automotive with $14 price target. Expects growth catalyst in FY24, revenue ramp in FY25, positive margins in FY26.

Could Elon's New Device be Bigger than the iPhone? - Ad

According to 30-year Silicon Valley and Wall Street veteran, Eric Fry... A man who picked 41 plays that jumped 1,000%+... This mind-blowing new technology could be bigger than the iPhone. And it could make a lot of people wealthy in the coming months and years.

Despite Bitcoin Hitting $64K, Analyst Says King Crypto Remains In 'Prime Buy Zone'

Bitcoin (CRYPTO: BTC) has surged to $64,000, but a key metric indicates that it’s still in a “prime buy zone,” according to a prominent crypto analyst.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright traderelite.club
Privacy Policy | Terms of Service