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Benzinga s Bulls And Bears Of The Week: Disney, QuantumScape, Tesla, Walmart And More

Benzinga s Bulls And Bears Of The Week: Disney, QuantumScape, Tesla, Walmart And More
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($BTC), Walt Disney Company (The) (NYSE:DIS) - Benzinga s Bulls And Bears Of The Week: Disney, QuantumScape, Tesla, Walmart And More

Benzinga has examined the prospects for many investor favorite stocks over the past week. The week s bullish calls included a rebounding entertainment giant, a well-positioned homebuilder and a retail giant with prospects. An EV maker facing softening demand and a couple of overvalued stocks were among the bearish calls seen. The Dow Jones industrial average and the S&P 500 ended the past week more or less flat, while the Nasdaq slipped less than 2%. It was a week that started with a major winter storm that slammed parts of the country not prepared for such weather, likely resulting in a long recovery and widespread fallout.

Amazon (AMZN), Bed Bath & Beyond (BBBY), Comcast (CMCSA), eBay (EBAY), General Electric Company (GE), Moderna (MRNA), Tesla Motors (TSLA) - Benzinga s Bulls And Bears Of The Week: Amazon, Comcast, GE, Moderna, Tesla And More

The week s bullish calls included the e-commerce, electric vehicle and online sports betting leaders. A COVID-19 vaccine maker and a struggling retailer were among the bearish calls seen. February started strong in the markets. Though the past week remained somewhat volatile, the three big U.S. indexes managed to post handy gains, led by the 6% or so rise in the Nasdaq. Hope for additional stimulus and a little improvement in the unemployment rate no doubt helped. Perhaps the week s biggest surprise, dropped among the remaining FAANG earnings reports, was news of a big tech management change that involved one of the world s richest persons.

CHINA INFRASTRUC INV (CIIC), United Parcel Service, Inc (NYSE:UPS) - EV Manufacturer Arrival Talks SPAC Deal, Benefits Of Business Model

United Parcel Service, Inc. (NYSE: UPS), Rugoobur said. The company is now in a position where it is ready to not only start bringing its vehicles to the market, but to scale its business to ramp production. Arrival is set to become a public company by combining with SPAC company CIIG Merger Corp (NASDAQ: CIIC).  The Arrival team came to the conclusion that a SPAC is a superior way of going public after realizing that CIIG Merger shares a similar long-term vision, Rugoobur said.  UPS Deal: Arrival inked a deal in late 2020 to supply UPS with 10,000 of its electric delivery vans, and the company s president said the deal showcases the true strength of Arrival s business model.

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