FDA Submission Expected This Summer - Invest Before It Happens

This company is making heart disease easier to detect with AI. Their tech has officially been designated a "Breakthrough" by the FDA. You now have an opportunity to get in at a potential inflection point.

Benzinga Bulls And Bears: Tesla, GameStop, Nvidia, Bitcoin, And Dogecoin Analyst Flags $1.30-$1.50 As Key Target

Michael Cohen
December 07, 2024

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

The U.S. stock market continued its upward momentum, with the S&P 500 and Nasdaq marking their third consecutive week of gains, rising 0.96% and 3.34%, respectively, while the Dow edged down 0.6%.

Technology and consumer discretionary sectors drove the rally, supported by strong performances from mega-cap tech names like Apple Inc. (NASDAQ:AAPL), Amazon.com Inc. (NASDAQ:AMZN), and Meta Platforms Inc. (NASDAQ:META).

November’s labor market data showed a notable rebound, with nonfarm payrolls increasing by 227,000, surpassing expectations and significantly outpacing October’s revised 36,000 figure.

Meanwhile, consumer sentiment, as measured by the University of Michigan, improved to a seven-month high, despite heightened inflation concerns influencing some consumers to expedite purchases of durable goods.

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

';Big Short' Trader Danny Moses Gives Up On Shorting Tesla, Says It Is ‘Very Difficult To Short A Name That Is Not Trading On Fundamentals’,” by Anan Ashraf, explains that Danny Moses, known from “The Big Short,” stopped shorting Tesla Inc. (NASDAQ:TSLA), citing its stock's reliance on narrative-driven promises like autonomous driving rather than financial fundamentals.

Crypto Analyst Foresees Potential 212%-260% Upswing In Dogecoin's Value,” by Aniket Verma, highlights an analyst’s bullish projection for Dogecoin (CRYPTO: DOGE), predicting a surge to $1.30-$1.50 as a key macro target, which would reflect a 212%-260% increase, citing historical patterns and market momentum.

GameStop Rockets As Roaring Kitty Returns To X: What Does His Tweet Signal Ahead Of Q3 Earnings?,” by Chris Katje , reports a surge in GameStop Corp. (NYSE:GME) stock following Roaring Kitty’s (Keith Gill) return to X (formerly Twitter), sparking investor speculation with cryptic posts tied to meme stock momentum ahead of the company's earnings.

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

Michael Saylor Says Bitcoin Could Boost Microsoft’s Valuation By Nearly $5 Trillion And Add $584 To The Stock By 2034

Andrew Left’s Citron Research Says Nvidia-Backed Nebius Is The Next ‘AI Wall Street Darling’ — Stock Moves Up 14%

JPMorgan Bets On Natural Gas For 2025: Upgrades ConocoPhillips, Lowers 3 Energy Stocks

The Bears

Trump’s Tariff Plan Risks Economic Pain For North America, Goldman Sachs Warns,” by Piero Cingari, notes Goldman Sachs’ warning that Donald Trump's proposed 25% tariffs on Canadian and Mexican imports could shrink Canada's GDP by 4%, Mexico's by 3.5%, and the U.S.'s by 0.4%, hitting firms like General Motors Co. (NYSE:GM) and spiking inflation.

Biden Targets China With New Chip Restrictions, Nvidia Slides,” by Anusuya Lahiri, reports on the U.S. imposing stricter export controls on 140 Chinese semiconductor firms, including memory chip tools, impacting NVIDIA Corp. (NASDAQ:NVDA), Lam Research Corp. (NASDAQ:LRCX), and Applied Materials Inc. (NASDAQ:AMAT), as part of a national security strategy.

Peter Schiff Challenges Jim Cramer’s Bullish Bitcoin Take, Says Such Statements Are Made At Market Tops,” by Aniket Verma, highlights Peter Schiff’s critique of Jim Cramer’s enthusiastic support for Bitcoin (CRYPTO: BTC) after it surpassed $100,000, calling such remarks indicative of a market peak, while Cramer defended Bitcoin as a portfolio hedge akin to gold.

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

Shift4 Payments Stock Drops After CEO Jared Isaacman’s NASA Nomination: What’s Going On?

How A Potential Fallout Between Elon Musk And Trump Could Impact Tesla And SpaceX: Cathie Wood Weighs In

Sony-Honda EV Dream Collides With Trump-Backed Policy Shift Reality Ahead Of 2026 US Launch

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

Image created using artificial intelligence via Midjourney.

Continue Reading...

Popular

Greenland has a message for the rest of the world: Come visit

NUUK, Greenland (AP) — has a message for the rest of the world: We’re waiting for you.

Lisa Murkowski Defends Alaska Carveouts As Elizabeth Warren, Bernie Sanders And Rand Paul Condemn Trump's 'Big Beautiful' Bill: 'Not Good Enough For The Rest Of Our Nation'

Senators across party lines are fiercely divided over Donald Trump's $3.3 trillion "Big Beautiful Bill," which narrowly passed the Senate and now heads to the House amid concerns over debt, tax cuts, and social program rollbacks.

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

After Diddy's conviction, here's where his business ventures stand

LOS ANGELES (AP) — Sean “Diddy” Combs has been in his federal sex trafficking trial, but that doesn't mean the once-celebrated music mogul will see his business empire restored.

A 64% Dividend From Gold? - Ad

Gold is soaring. But here's what no one's talking about: a way to earn a 64% dividend-paid in real cash every 30 days. No trading. No risky mining stocks. Just one simple move in your brokerage account... and you could start collecting monthly income almost instantly.

North Koreans swim and play at a beach resort touted as a boost for tourism

SEOUL, South Korea (AP) — North Koreans swam, rode water park slides and enjoyed other water activities at a newly opened state media reported Wednesday, as the country largely maintains a ban on the entry of foreign tourists.

Trump vents online about service provider after conference call marred by glitch

WASHINGTON (AP) — On Monday afternoon, the president of the United States was just another person complaining online about his service provider.

Major Rollout of Social Security X? - Ad

Before leaving D.C., Elon Musk may have greenlit "Social Security X"-a digital overhaul backed by Trump. Set to launch as soon as July 23, this shift could impact 72M Americans-and send 3 tiny tech stocks soaring.

Scott Bessent On Replacing Powell As Fed Chair: 'I Will Do What The President Wants' — Plays Down Shadow Chair Speculations

U.S. Treasury Secretary Scott Bessent declined to rule out the possibility of replacing Jerome Powell as Federal Reserve Chair and has instead deferred to President Donald Trump's decision on the matter.

Bernie Sanders Warns Of 'Concentration of Ownership' In US Companies: 'That's Power'

Bernie Sanders claims Wall Street giants hold majority of US corporations, giving them power to steer economy & politics. Wants reform & better wages

The Summit That Could Reshape Your Crypto Strategy - Ad

Join 27 top crypto experts as they reveal the exact tools and frameworks they use to find winning coins. This 3-day online event is free to attend-but the takeaways could be priceless.

Asian shares are mixed after US stocks hit an all-time high

BANGKOK (AP) — Asian shares started the week with gains after U.S. stocks closed at an all-time high following their recovery from the shocks of the Trump administration’s

Trump's Approval Ratings, Tariff Deadlines, Schumer's Criticism, And Defense Budget Shifts: This Week In Politics

Trump's approval ratings drop after Iran attack, hints at tariff deadline flexibility. SC limits judges' power, Schumer criticizes GOP budget, defense budget shifts to missiles and drones.

The Missing Ingredient for Big Tech's $3T Recipe? - Ad

Big Tech doesn't build everything; they buy what's next. And only Emteq's tech offers real behavior insights for smart glasses, key to unlocking the $3T XR market. Their patented sensors track live facial muscle movements. With health-focused smart glasses in demand, only Emteq has this tech.

Russian Spy Chief And CIA Director Ratcliffe Agree To 'Call Any Time' Amid Tensions: Report

Russian spy chief Sergei Naryshkin and the Director of the Central Intelligence Agency (CIA), John Ratcliffe, have reportedly agreed to have direct communication at any time.

Trump's Tariffs, Boeing's Blowout, Tesla's Robotaxi, BYD's European Triumph And GM's Massive Recall: This Week In Mobility

This week's business and finance highlights include Japan's rejection of Trump's auto tariffs, Boeing's scrutiny over a mid-air incident, Tesla's Robotaxi launch, BYD's dominance in Europe, and GM's massive vehicle recall.

Trump Exec Order to Help Restore Wealth for American Citizens? - Ad

Thanks to President Trump's Executive Order 14179, a brief "AI Wealth Window" is opening now. Genius investor James Altucher has released 3 AI wealth-building strategies to take advantage of Trump's genius Executive Order 14179. James believes you could see $10,000 grow to $1 MILLION or more over the next few years.

What's in the latest version of Trump's big bill moving through the Senate

WASHINGTON (AP) — Republicans are inching closer to getting their tax and spending cut bill through Congress with a final Senate vote likely late Monday or early Tuesday.

Senate Republicans are in a sprint on Trump's big bill after a weekend of setbacks

WASHINGTON (AP) — After a weekend of setbacks, the Senate will try to sprint ahead Monday on big bill of despite a series of challenges, including the sudden announcement from that he won't run for reelection after opposing the package over its Medicaid health care cuts.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.

A Historic Gold Announcement Is About to Rock Wall Street - Ad

The greatest investor of all time is about to validate what Garrett Goggin has been saying for months: Gold is entering a once-in-a-generation mania. Front-running Buffett has never been more urgent - and four tiny miners could be your ticket to 100X gains.

Dalai Lama To Deliver Major Address On 90th Birthday As China Tracks Succession Moves

The 14th Dalai Lama will address a major three-day gathering of Buddhist religious figures this week ahead of his 90th birthday.

Autonomous Vehicles Hit Their 'ChatGPT Moment' — Best Stocks To Watch Now

Autonomous vehicles are entering their ‘ChatGPT moment' as AI unlocks real-world deployment. Discover 28 top stocks in a $1.2 trillion market.

The Unlikely Duo Rethinking Wearable Technology - Ad

Why did a surgeon and Snap exec team up? They saw the missing ingredient in the $84T wearables market: behavior. So they built Emteq and invented smart glasses sensors to track real-time expressions, unlocking insights into why we do things. With a $15M term sheet already secured, Emteq is what Big Tech's missing.

Netflix's Squid Game Finale Takes Over Seoul With Massive Parade, Star-Studded Fan Event

Netflix celebrated the finale of Squid Game with a parade and fan event in Seoul, featuring characters and emotional reflections from cast.

Judge allows antitrust lawsuit against Apple to proceed

A federal judge on Monday rebuffed Apple's request to throw out a U.S. government lawsuit alleging the technology trendsetter has built a maze of illegal barriers to protect the iPhone from competition and fatten its profit margins.

FDA Submission Expected This Summer - Invest Before It Happens - Ad

This company is making heart disease easier to detect with AI. Their tech has officially been designated a "Breakthrough" by the FDA. You now have an opportunity to get in at a potential inflection point.

This Stock Just Popped 30% In 5 Days — Now Expert Says It 'Looks Potentially Explosive'

Experts have been betting on the growth prospects of Oscar Health, as it surged by 16.51% on Wednesday and 32.56% in the last five days.

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

States brace for impact as Trump's big bill nears completion in Congress

JEFFERSON CITY, Mo. (AP) — President Donald Trump’s and reduce federal spending on some social safety net programs could have large implications for states, but for many it’s too late to do much about it this year.

Senate Republicans Propose $313 Billion Cut In Medicaid Spending In Trump's 'Big, Beautiful Bill'

Florida Sen. Rick Scott (R) and several Republican colleagues have proposed an amendment to President Donald Trump's healthcare bill that could significantly cut Medicaid spending.

A 64% Dividend From Gold? - Ad

Gold is soaring. But here's what no one's talking about: a way to earn a 64% dividend-paid in real cash every 30 days. No trading. No risky mining stocks. Just one simple move in your brokerage account... and you could start collecting monthly income almost instantly.

Major Rollout of Social Security X? - Ad

Before leaving D.C., Elon Musk may have greenlit "Social Security X"-a digital overhaul backed by Trump. Set to launch as soon as July 23, this shift could impact 72M Americans-and send 3 tiny tech stocks soaring.

Fire that shut Heathrow was caused by a preventable technical fault known for years, report finds

LONDON (AP) — An electrical substation fire that , canceling more than 1,300 flights, was caused by a preventable technical fault identified almost seven years earlier, a report found Wednesday.

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 activatrade.ca
Privacy Policy | Terms of Service