Benzinga Bulls And Bears: Nvidia, Tesla, Snowflake, Broadcom — And Raoul Pal Advocates Bitcoin Before AI

Benzinga
2024.08.24 13:00
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Benzinga reviewed investor favorites including Nvidia, Tesla, Snowflake, and Broadcom, highlighting market gains last week, with the Dow up 1.3%, Nasdaq rising 1.4%, and S&P 500 increasing 1.45%. Federal Reserve Chair Jerome Powell's comments on potential interest rate cuts fueled stocks as sectors sensitive to rate changes saw an uptick. Goldman Sachs is bullish on Nvidia, while Raoul Pal sees Bitcoin as a priority asset. Tesla and Snowflake face challenges, affecting their stock performance. Meanwhile, Broadcom secures AI partnerships, positioning favorably in the market.