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.

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