Articles for author: Russ Cohen

Russ Cohen

Crypto Market Update: Tether Completes First KPMG Financial Audit

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Here’s a quick recap of the crypto landscape for Monday (August 17) as of 12 noon UTC. Bitcoin price update Bitcoin (BTC) was priced at US$63,261.75, up by one percent over the past 24 hours. Chart via The ...

Russ Cohen

Meet the Dividend Stock That Warren Buffett Backed for Decades. Here's Why It Just Hit an All-Time High Under Greg Abel.

Key Points Buffett has praised Coca-Cola as an “inevitable,” meaning that people will always buy it, and it will always dominate its industry. It has always focused on large-scale marketing campaigns to strengthen its relationship with its customers. It has raised its dividend annually for 64 years, resulting in a large annual payout for Berkshire ...

Russ Cohen

Satya Nadella's Microsoft Stock Jumped 18% in a Week After Azure's Annual Revenue Topped $100 Billion for the First Time. Is It Still a Buy?

Key Points Microsoft Azure’s cloud revenue jumped to $100 billion after the company invested heavily in AI infrastructure. Microsoft’s shares are still relatively cheap, and the company’s free cash flow is in good shape, even with a ramp-up in capex spending. 10 stocks we like better than Microsoft › Microsoft (NASDAQ: MSFT) pulled off what ...

Russ Cohen

Not Nvidia. Not AMD. This Chip Stock Will Be the Biggest Winner of the Historic AI Semiconductor Boom

Key Points The artificial intelligence (AI)-fueled semiconductor boom isn’t showing any signs of slowing, as major hyperscalers and pure-play AI companies continue to invest aggressively in infrastructure to meet the tremendous demand for AI services and to fulfill their massive contractual backlogs. Market research firm Omdia estimates that the global semiconductor industry’s revenue could jump ...

Russ Cohen

The Stocks Hiding in AI’s “Magical Spaces”

The companies using AI to transform industries could become the next big winners. Listen to the audio version of this article (generated by AI). Hello, Reader. Nicky Hopkins, a classically trained pianist from Middlesex, England, was never a “front man” mauled by groupies. But the biggest bands of his era valued him for a particular ...

Russ Cohen

Best Income Stocks to Buy for August 17th

Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 17th: Star Bulk Carriers SBLK: This global shipping company, which provides worldwide seaborne transportation solutions in the dry bulk sector, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.6% over the last 60 days. ...

Russ Cohen

The AI Platforms Are Real. The People Who Built Them Are Leaving.

Key Points Four top Alphabet engineers left the company on Aug. 5, and longtime OpenAI executive Brad Lightcap exited that company six days later. The hyperscalers’ AI backlogs are growing faster than ever as companies lock in commitments for cloud computing capacity. The companies that control the infrastructure and the applications will have a distinct ...