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Benzinga
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Michael Cohen

Bulls And Bears Of The Week: Meta, Netflix, Tesla, Coinbase And Why Ethereum's Merge Isn't Price In Yet

Benzinga has examined the prospects for many investors' favorite stocks over the past week, while offering a 24/7 news feed, live chat and charting software on Benzinga Pro

Investors were digesting a lot of data this week with major companies reporting earnings, including Alphabet inc (NASDAQ:GOOG), General Motors Co. (NYSE:GM), Apple Inc (NASDAQ:AAPL) and Amazon.com Inc (NASDAQ:AMZN). The Fed, meanwhile, raised interest rates by 75 basis points for the second consecutive month.

  • The S&P 500 finished the month of July up 9.1%, its best July since 1939. The Dow industrial Average gained 6.7% in July, while the Nasdaq Composite climbed 12% during the month.
  • Benzinga continues to examine the prospects for many of 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

"Facebook Parent's Metaverse Unit Loses $2.8B In Q2, But Zuckerberg Sure Of Unlocking 'Billions, Trillions' In Value With Time," by Samyuktha Sriram, looks at Meta Platforms Inc (NASDAQ:META) CEO Mark Zuckerberg's long term bullish view on investing in the metaverse.

"Is 'The Gray Man' The Next Netflix Franchise? Here's How Many People Watched And What's Next," by Chris Katje, outlines what's next for "The Gray Man," after the movie became one of the biggest hits for Netflix Inc (NASDAQ:NFLX).

"Ethereum Creator Vitalik Buterin Says The Merge 'Isn't Priced In Yet,'" by Samyuktha Sriram, explains why Ethereum (CRYPTO: ETH) creator Vitalik Buterin doesn’t think the Merge will be priced in until after it happens.

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

Chips And 'Buy the Dip'? This Top 10 Restaurant Chain Offering A Chance To Win Bitcoin, Dogecoin And More

PayPal Stock Surges After Paul Singer's Activist Fund Grabs A Stake: Here's What To Watch

Fund Manager Says Tesla Could Get Debt Rating Upgrade This Quarter: Why This Would Be A Big Deal

The Bears

"Top Kelly Blue Book Executive On Why Tesla's Market Share Will Plummet Next 5 Years," by AJ Fabino, looks at why Michelle Krebs, senior director of automotive relations at Cox Automotive, says Tesla Inc’s (NASDAQ:TSLA) market share could see a big drop in the coming years.

"Cathie Wood Dumps $75M Of Coinbase Stock At Massive Loss After Long Being Bullish," by Shanthi Rexaline, details Cathie Wood-led Ark Investment Management's decision to liquidate a large chunk of Coinbase Global, Inc. (NASDAQ:COIN) this week.

"The Roku Earnings Disaster: 'This Feels Like A TiVo To Me,'" by Joel Elconin, outlines the meltdown of Roku Inc's (NASDAQ:ROKU) stock on Friday after its second-quarter earnings miss.

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

Amazon's Broken Promise — Here's How The E-Commerce Giant Upset A NYC Suburb

WWE Probe Of Former CEO Vince McMahon Reveals $14.6M In Unrecorded Expenses

Jack Ma Goes On Euro Trip After Stepping Back From Business Empire: Has China Eased Pressure On Him?

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