Benzinga Bulls And Bears: Meta's New Smart Glasses, $300 Oil Prediction And Is Tesla's Cybertruck A Failure?

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

The Dow and S&P 500 finished the week with declines of approximately 1.3% and 0.7%, respectively, while the Nasdaq Composite saw a slight increase of 0.06%. For the month, the S&P 500 and Nasdaq Composite experienced significant drops, marking their worst months this year, and the Dow also reported losses.

The potential for a government shutdown loomed as conservatives obstructed legislative efforts, and the failure to secure government funding by the deadline seemed imminent. The release of the August PCE Inflation Report, the Fed’s favored inflation measure, presented varied results, causing uncertainty among investors regarding future interest rate decisions by the Fed.

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

"Watch: Mark Zuckerberg Unveils Meta's AI Smart Glasses That Can Decode Anything You're Looking At," by Anan Ashraf, reports on Mark Zuckerberg introducing Meta Platforms Inc.'s META Ray-Ban Meta Smart Glasses, featuring advanced AI, live-streaming and translation capabilities, raising both intrigue and privacy concerns.

"Exclusive: Canopy Growth, SNDL, Village Farms Could Capture US Cannabis Market Opportunity," by Adam Eckert, discusses insights from Canopy Growth Corp. CGC, SNDL Inc. SNDL and Village Farms International Inc. VFF on navigating regulatory landscapes and potential market strategies in the evolving U.S. cannabis industry.

"Oil To $300? Economist Peter Schiff Says Central Bank Excesses Could Trigger A Bull Run," by Shanthi Rexaline, outlines Peter Schiff's prediction of a potential surge in oil prices to $300 per barrel due to central bank policies, impacting inflation and central bank strategies and potentially moving the United States Oil Fund USO higher.

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

EXCLUSIVE: Mark Yusko Silences Bitcoin Critics, Sees Bitcoin Hitting $5 Trillion Market Cap

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Are Secretly Monitoring But Not Talking About Yet

Amazon Invests Up To $4 Billion In ChatGPT Competitor, AI Startup Anthropic

The Bears

"Trump Wants Comcast Investigated For Treason; White House Responds: 'Outrageous Attack On Our Democracy'," by Adam Eckert, highlights Donald Trump's call for a treason investigation into Comcast Corp. CMCSA and criticism of the political reporting of NBC and MSNBC.

"Is Cybertruck A Failure? Here's What People Are Saying About The EV And Elon's Thoughts On Potential Flop," by Aaron Bry, details the mixed public reactions to Tesla Inc. TSLA's Cybertruck design and Elon Musk's acknowledgment of its unconventional appearance.

"UAW Expands Strikes Against GM, Ford In What Auto Analyst Says Is 'Slow-Moving Car Crash'," by AJ Fabino, reports on the escalating strikes by the United Auto Workers union against General Motors Co. GM and Ford Motor Co. F, highlighting analyst Dan Ives' concerns about potential impacts on the auto industry and electric vehicle production.

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

As Student Loan Payments Resume, Retail Analyst Predicts Consumer Shockwaves

Jamie Dimon Warns Of Economic Turmoil If Fed Raises Interest Rates To 7%: 'That Will Be The Tide Going Out'

Exclusive: 'Wolf of Wall Street' Jordan Belfort Thinks Most Penny Stocks Are 'Garbage,' Not Designed To Work

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