Benzinga Bulls And Bears: CrowdStrike, MongoDB, SoFi — And Wall Street Surges On Rate Cut Hopes Benzinga Bulls And Bears: CrowdStrike, MongoDB, SoFi — And Wall Street Surges On Rate Cut Hopes
Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.Wall Street surged this week as investor confidence in a December rate cut soared, with odds rising above 90% amid soft inflation data and dovish Fed commentary. Economic signals remained mixed — jobless claims dipped, but layoffs and private payroll cuts hinted at underlying labor market stress.The Nasdaq Composite notched its longest winning streak since January, while the S&P ...