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Portfolio Pulse from Akanksha Bakshi
The US markets are set to rebound on hopes of jobs data swaying the Fed. Analysts predict a bull run into September and see more than 7% upside in Alphabet. Bitcoin's brief spikes on alleged good news quickly reversed. The Biden administration commits $15.5B to upgrade automaker factories for EV production. Morgan Stanley boosts Palantir stake by 50% in Q2, then slaps it with a 'Sell' tag.
September 01, 2023 | 12:22 pm
News sentiment analysis
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NEGATIVE IMPACT
Bitcoin's brief spikes on alleged good news quickly reversed.
The news of Bitcoin's brief spikes quickly reversing could lead to a decrease in investor confidence and a short-term decrease in Bitcoin's price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Morgan Stanley boosts Palantir stake by 50% in Q2, then slaps it with a 'Sell' tag.
The news of Morgan Stanley boosting its stake in Palantir and then giving it a 'Sell' tag could lead to a decrease in investor confidence and a short-term decrease in Palantir's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Analysts predict more than 7% upside in Alphabet.
The news of analysts predicting a 7% upside in Alphabet's stock is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80