Benzinga’s weekly stock roundup weighs Fed pressure, bullish deals and bearish company updates

  • Benzinga reviewed bullish and bearish stock stories from the past week.
  • The Fed raised rates 25 basis points to 3.75%-4% unanimously.
  • Red Cat and Ondas were excluded from the top five in Pentagon drone areas.

U.S. stocks ended a volatile week mixed as investors absorbed the Federal Reserve’s first interest-rate increase since 2023, rising energy costs and a 10-year Treasury yield approaching 5%. The S&P 500 fell for a second consecutive week, the Dow Jones Industrial Average posted its steepest weekly decline since March, and the Nasdaq Composite gained on a late technology rally. The Fed unanimously raised its benchmark rate by 25 basis points to a range of 3.75%-4%, while 16 of 18 policymakers projected at least one further increase this year. Brent crude moved above $100 a barrel and briefly neared $110, pushing gasoline and diesel prices to records. Benzinga’s bullish coverage highlighted Generac’s potential $8 billion Amazon supply agreement, Salesforce’s possible multibillion-dollar return on its Anthropic investment and SpaceX’s roughly $100 billion one-day increase in market value. Bearish stories covered Netflix’s weaker engagement outlook, Sysco’s $1 billion stock offering to help fund its Jetro Restaurant Depot acquisition, and Red Cat and Ondas missing the top five in their Pentagon drone competition areas.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.
Benzinga’s weekly stock roundup weighs Fed pressure, bullish deals and bearish company updates - CoinPost Terminal