Nvidia, Rivian, Broadcom, Bitcoin And Is Dogecoin Setting Up For 2020 Bull Run Repeat? Benzinga Bulls And Bears

Benzinga examined the prospects for many investors’ favorite stocks during the last week — here is a have a look at a few of our high tales.

The three main inventory indices skilled good points this week, with the S&P 500 climbing by 1.66%, the Nasdaq, identified for its tech focus, rising by 1.4%, and the Dow Jones Industrial Common rising by 1.3%.

The thrill on Wall Avenue was primarily fueled by Nvidia Company’s (NASDAQ:NVDA) spectacular earnings report, which propelled its shares upward and briefly elevated the corporate’s market valuation to over $2 trillion.

Additionally making headlines, Jamie Dimon, the CEO of JPMorgan Chase & Co (NYSE:JPM), offloaded over 800,000 shares of the banking big on Thursday, a transaction that amounted to roughly $150 million, as revealed by a submitting with the securities regulators.

Benzinga gives each day studies on the shares hottest with buyers. Listed here are just a few of this previous week’s most bullish and bearish posts which are price one other look.

The Bulls

“Broadcom, The Magnificent 7 Stock In Waiting: Can The Chipmaker Replace EV Carmaker Tesla?” by Neil Dennis, suggests Broadcom Inc. (NASDAQ:AVGO) may quickly be part of the ranks of tech giants, probably overtaking Tesla Inc. (NASDAQ:TSLA) in market cap, bolstered by its acquisition of VMWare and robust earnings expectations.

“Tesla Investor Shows Love For Battered Rivian: 4 Reasons Why He Is Positive About The EV Maker” by Shanthi Rexaline, highlights Gary Black’s optimism for Rivian Automotive, Inc. (NASDAQ:RIVN) as a possible second to Tesla, backed by product high quality, model, execution and a powerful money place.

“Dogecoin ‘Shows Familiar Pattern’ Echoing 2020 Behavior, Hinting At Another 28,000% Surge, Says Crypto Analyst” by Mehab Qureshi, discusses Ali Martinez‘s evaluation of Dogecoin‘s (CRYPTO: DOGE) value motion, suggesting a possible repeat of its 2020 bull run as a result of present buying and selling patterns and consolidation.

For extra bullish calls of the previous week, take a look at the next:

Bitcoin Poised To Reach $500K Long-Term As ‘Bullish Sentiment Is Great,’ Says Michael Van De Poppe, But Warns ‘Corrections Will Happen’

Nvidia’s Rally Steals Limelight, But This Unsung AI-Levered Stock Has Witnessed A 9,900% Rocket Ride Since 2007 IPO

Nvidia Is Still ‘Stepping On The AI Accelerator’: 7 Analysts Size Up Q4 Results, Supply And Demand Dynamics

The Bears

“Short-Seller Jim Chanos Has A ‘Friendly Reminder’ For Investors: Most Of Nvidia’s Operating Cash Flow ‘Actually Capex From Other Mag 7 Darlings'” by Shanthi Rexaline, reveals Jim Chanos’ considerations over Nvidia‘s dependence on main tech corporations’ capital expenditures for its working money movement amidst the AI surge.

“Is Bitcoin’s Future Doomed? European Central Bank Says Yes, Offers Stark Warning” by Murtuza Merchant, studies the ECB’s assertion that Bitcoin (CRYPTO: BTC) has “zero” intrinsic worth, criticizing its inefficiencies and environmental influence, regardless of the current SEC approval of Bitcoin ETFs.

“VIZIO Faces Analyst Downgrades Amid Walmart Acquisition, Impact On Roku” by Surbhi Jain, covers analyst downgrades of VIZIO Holding (NYSE:VZIO) following Walmart’s acquisition proposal, noting potential impacts on Roku (NASDAQ:ROKU) and the broader streaming panorama.

For extra bearish takes, be sure you see these posts:

Wedbush’s Dan Ives Expresses Investors’ Growing Frustration With Snap: ‘Every Quarter There Is Another Dog Ate The Homework Excuse’

‘Gemini Is A Joke’: Google’s AI Chatbot Doesn’t Even Know How Its Own Founders Larry Page And Sergey Brin Look Like

Carvana Analysts Cast Shadow Over Q4 Earnings: ‘Less Opportunity For Upside Surprise’

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