Benzinga’s Bulls vs. Bears: Assessing Nvidia, Rivian, Alphabet, Palantir, and a Crypto Trader’s Prediction on Shiba Inu’s Momentum Increase

Benzinga’s recent analysis focused on the potential of various popular stocks for many investors over the previous week—here is a summary of some of the standout articles.

This week saw the S&P 500 and Dow Jones Industrial Average climb to unprecedented new peaks, propelled by a vigorous kick-off to the earnings season for the third quarter. The S&P 500 and Nasdaq each advanced 1.1%, and the Dow augmented by 1.2%, representing the fifth week in succession of gains for these indices.

Despite September’s inflation reading coming in above expectations for both consumer and producer prices, the prospects of interest rate cuts remained largely stable, with a decrease in rates anticipated in November by market traders.

Conversely, Chinese markets witnessed their most significant weekly decline of the year, influenced by the absence of the anticipated fiscal stimulus, which contrasted sharply with the previous weeks’ strong market performance.

For daily insights into the hottest stocks among investors, Benzinga offers continual coverage. We invite you to revisit some of the past week’s most optimistic and pessimistic articles.

The Bulls

In an article titled “Palantir’s Shyam Sankar Advocates Hands-On AI; Warns Against Outsourcing Thought Leadership,” author Shanthi Rexaline covers how Palantir Technologies, Inc. PLTR Chief Technology Officer Shyam Sankar shares insights on the importance of experiential AI application over hiring consultants, highlighting Palantir’s strong capabilities in quickly turning AI initiatives into business results.

Contributor Khyathi Dalal contends in the piece, “Shiba Inu Rises by 39% in a Month, With Predictions of Further Gains,” that the cryptocurrency known as the ‘Dogecoin Killer’ Shiba Inu SHIB/USD has witnessed a notable surge due to increasing burn rates and community engagement, which could fuel additional increases.

Reporter Adam Eckert explains in “Nvidia’s Call Option Surge Suggests Bullish Sentiment Among Big Players,” that financial analyst Josh Brown has identified a surge in call-buying for Nvidia Corp. NVDA, which signals that institutions might be predicting a price jump beyond the $190 mark by March 2025.

Visit these links for more bullish analysis from the past week:

Predicting Tesla’s Market Worth: Analyst Pierre Ferragu Charts Outcomes from $1.4 to $4.7 Trillion

Analyst Foresees 64% Growth for MicroStrategy Stock Linked to Bitcoin Strategy

Ross Gerber Anticipates a ‘Tsunami Of Money’ in Cannabis Sector with Federal Legalization

The Bears

In the article “Google Labels DOJ Breakup Proposals as ‘Radical,’ Straining Antitrust Tensions,” by Kaustubh Bagalkote, it is discussed that Alphabet Inc. GOOG GOOGL is facing possible divisive actions from the DOJ aimed at its search segment, a move Google criticizes as too extreme and harmful for competition.

“Rivian Faces Production Setback Due to Supplier Miscommunication on Motor Components,” by Anan Ashraf, uncovers that Rivian Automotive RIVN had to decrease its production targets following a failure in communication with Essex Furukawa that caused a critical shortage of copper windings.

Author Piero Cingari reports in “Investors React to Disappointing Stimulus News Causing Chinese Stocks to Tumble,” the steep decline in Chinese stocks, including Alibaba Group Holdings Ltd. BABA and Baidu Inc. BIDU, triggered by a lack of bold stimulus policies, leading to the biggest drop in the Hang Seng Index since 2008.

See the following for additional bearish perspectives:

Wells Fargo’s Downgrade of Amazon Hints at Growth Hurdles

Disney to Endure $150M-$200M Hit from Hurricane Milton According to Goldman Sachs

Crypto Future Clouded by Regulatory Scrutiny Suggests Gary Gensler

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AI-generated image courtesy of Midjourney.