Tesla, Apple, Microsoft And Man’s 2021 Shiba Inu Stake Now Worth $3.3M If Kept: Benzinga Bulls And Bears

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

Over the past week, the S&P 500 experienced a 0.5% gain, the Dow dipped by 0.3%, while the Nasdaq enjoyed a 1.6% rise. Yields across the Treasury curve continued to rise, with the 10-year Treasury yield surging to a 16-year high of 4.75%.

By Friday, the 30-year yield had crossed the 5% mark, propelled by an impressive jobs report. This report for September revealed an unexpected employment surge, with non-farm payrolls rising by 337,000, which was significantly above the predicted 170,000.

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

“Exclusive: Early Tesla Investor Tim Draper Recalls Selling Too Soon, Reveals Elon Musk’s Special Qualities” by Chris Katje, delves into venture capitalist Tim Draper‘s early investment in Tesla Inc (NASDAQ:TSLA) and his admiration for CEO Elon Musk. Draper, who also invested in companies like Robinhood and Coinbase, expressed regret for selling his Tesla stake prematurely, which would have yielded a 4000x return had he retained it.

“Microsoft CEO Satya Nadella Says Whoever Apple Chooses As Default Option, They ‘King Make'” by Ananya Gairola, highlights Satya Nadella‘s testimony at Alphabet Inc.‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) antitrust trial, emphasizing the power of Apple Inc.‘s (NASDAQ:AAPL) default search engine choice and Microsoft Corporation‘s (MSFT) efforts to replace Google on Apple devices.

“Warehouse Manager Retires After $8K Shiba Inu Bet Reaps Him $500K; What If He Had Held On To It?” by Mehab Qureshi, reveals how Rob, a former supermarket warehouse manager, retired early after his $8,000 investment in Shiba Inu (CRYPTO: SHIB) surged, although he could’ve earned $3.36 million had he not withdrawn $500,000.

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

High-Flier Nvidia Could Rally Another 70% On ‘Extremely Strong’ AI Data Center Demand, Says Analyst

Tilray’s Trifecta: CEO Irwin Simon Says Cannabis Company Well-Positioned Around Weed, Beer, Food

Your New Tesla Is $7,500 Cheaper Now That US Treasury Department Fixes Pesky Rule

The Bears

“Apple’s Growth Engine Sputtering: Bullish Analyst Lists 4 Factors Behind Stock Downgrade” by Shanthi Rexaline, details Brandon Nispel of KeyBanc Capital Markets downgrading Apple due to concerns like historically high stock multiples, challenges in U.S. sales, potential international growth difficulties and overly optimistic current estimates.

“Disney Slashes Children’s Ticket Prices Amid Attendance Slump” by Anusuya Lahiri, discusses The Walt Disney Company (NYSE:DIS) introducing discounts for children’s tickets at Disneyland and Disney World due to declining attendance and hotel occupancy, with inflation making vacations costlier for families. Despite these challenges, Disney’s parks division reported a 13% revenue increase in Q3 and plans significant investments in the coming decade.

“Jim Cramer Is ‘Very Worried’ About Rivian: ‘No One’s The Next Elon Musk'” by Adam Eckert, conveys Jim Cramer‘s apprehension about Rivian Automotive Inc (NASDAQ:RIVN) following its announcement of a $1.5 billion offering, cautioning against comparing Rivian’s CEO RJ Scaringe to Tesla’s Elon Musk and highlighting the challenges faced by new EV companies.

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

Elon Musk, Twitter Slapped With Lawsuit Over ‘X’ Name Change: Here Are The Details

VIX Soars To 5-Month High: What Surging Treasury Yields Mean For Stocks

Netflix’s Price Hike Is A Risky Move During Economic Uncertainty, Analyst Says

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