Benzinga Bulls And Bears: Nvidia, Tesla, Microsoft, Microsoft, Dogecoin And Elon Musk Calls Out Boeing's CEO
Portfolio Pulse from Michael Cohen
Benzinga reviewed the prospects of popular stocks, highlighting bullish and bearish outlooks. Nvidia, Tesla, and Microsoft were among the key stocks discussed. Nvidia is expected to hit $200 due to its AI dominance, while Tesla's market cap could reach $24 trillion by 2034. Microsoft faces EU charges for anti-competitive practices. Elon Musk criticized Boeing's CEO amid Starliner issues.

June 29, 2024 | 1:40 pm
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POSITIVE IMPACT
Nvidia is expected to hit $200 due to its dominant position in AI, strong leadership, and robust earnings growth.
Nvidia's strong market position in AI, coupled with high entry barriers and robust earnings, supports a bullish outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Elon Musk predicts Tesla's market cap will reach $24 trillion by 2034 due to advancements in robotaxis and Optimus robots.
Tesla's ambitious plans for robotaxis and robotics could significantly boost its market cap, despite anticipated skepticism.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
NEGATIVE IMPACT
Elon Musk criticized Boeing's CEO for lacking technical expertise amid ongoing Starliner issues, which could affect investor confidence.
Musk's criticism and Boeing's ongoing technical and legal challenges could negatively impact investor sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
The EU has charged Microsoft with anti-competitive practices for bundling its Teams app with Office, potentially harming competitors.
The EU's charges could lead to regulatory actions against Microsoft, potentially impacting its stock negatively in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100