Franklin Exponential Data ETF
XDAT----
Weekly Recap | CloudFlare +3.4%
Weekly Review·Weekly Recap | Meta Platforms -1.29%, most brokers rate it buy
Weekly Review·- Meta stock fell 1.29 % to close at $ 718.67 this week, underperforming the S & P 500 amid AI competition and capital expenditure concerns. - Despite short-term pressures including short selling by Hunterbrook and reduced institutional holdings, 47 out of 64 institutions maintained a buy rating with a consensus target price of $ 799.34. - Future market performance will depend on upcoming consumer price data affecting interest rate cuts and upcoming earnings reports demonstrating AI return on investment.Weekly Recap | Alphabet +2.38%, consensus target above spot
Weekly Review·- Alphabet Class A shares rose 2.38 % to close at 351.66 USD this week, outperforming the S & P 500 index. - Key catalysts included the launch of the Gemini agent, Waymo's 5.00 billion USD debt financing, and expanded cloud partnerships. - A total of 63 institutions maintain a consensus strong buy rating with an average target price of 429.47 USD.