Apple, Amazon, Bitcoin, and Why Kevin O’Leary Dumped His Coinbase and Robinhood Stocks


©Reuters. Bulls and Bears of the Week: Apple, Amazon, Bitcoin, and Why Kevin O’Leary Dumped His Coin Base and Robinhood Stocks

Benzinga has surveyed the prospects for many investors’ favorite stocks over the past week. Here’s a look at some of this week’s top news.

Stocks ended the week on a strong note on Friday after better-than-expected July jobs numbers. All three indices ended the first week of August in the green. The S&P 500 was up 0.80%, up 2.76%, while the Industrial ended the week up 0.15%.

Benzinga continues to review the prospects for many of the most popular stocks among investors. Here are some of the most bullish and bearish releases from the past week worth checking out.

The Bulls “Apple Analyst Predicts Foxconn’s India Site To Ship iPhone 14 Almost Simultaneously With China For The 1st Time,” by Navdeep Yadav, looks at the increasing pace of production at Apple Inc’s (NASDAQ: NASDAQ:) India unit.

“A Look At Amazon As The Stock Prepares To Tackle Market Bull Cycle Indicator,” by Melanie Schaffer, charts what may lie ahead for Amazon.com Inc (NASDAQ: NASDAQ:) stock as a bear market Steve Weiss bought shares of the company’s stock this week.

“Are Traders Losing Confidence? Analyst Says This Could Be Start of ‘Good Times Returning,'” by Shivdeep Dhaliwal, detailing why an OANDA Senior Market Analyst is cautiously bullish on Bitcoin (CRYPTO: BTC) and other cryptocurrencies.

For additional bullish calls from last week, check out the following:

Does being on Facebook (NASDAQ:) make you richer? Here’s what Meta’s research says

Why PayPal (NASDAQ:) Stock Soars Higher in Second Quarter Earnings: What You Need to Know About Elliott’s Guidance, Management & More

Coinbase (NASDAQ:) short sellers take a $363 million hit, making it a ‘some stock squeeze’

The Bears “Kevin O’Leary dumps Coinbase, Robinhood shares, calling them ‘toxic waste’: Here’s why ‘Shark Tank’ investor says duo is dead money,” by Adam Eckert, explains why the chairman of O’Shares ETF, Kevin O’Leary sold his world coinbase Inc (NASDAQ: CURRENCY) and Robinhood Markets Inc (NASDAQ: NASDAQ:) shares a significant loss this week.

“China Retaliates Against Taiwan After Pelosi Visit: What It Means for Semiconductors, Other Key Sectors,” by Natan Ponieman, explores the impact of Nancy Pelosi’s trip to Taiwan on chipmakers like Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM).

“Binance Says It Lost 90% Of Clients, ‘Billions In Revenue’ Due To KYC Compliance,” By Samyuktha Sriram, Describes Why The World’s Largest Cryptocurrency Exchange Binance (CRYPTO:BNB) Lost A significant portion of potential revenue due to KYC Compliance.

For more bearish shots, be sure to check out these posts:

Bill Ackman is hedging against what he says is ‘the biggest risk to the markets’

Jim Chanos Slaps Sunrun’s Response To Muddy Waters Report: Here’s What The Famous Short Seller Said

US$52bn chip funding for Intel (NASDAQ:), TSMC, Samsung (LON:) will cost them China ambitions: Report

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© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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