Articles for author: Russ Cohen

Russ Cohen

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Retail Earnings Overview: A Closer Look Bracing for Retail Earnings: What Lies Ahead

Walmart Holds Steady Amid Market Volatility As the market faced turbulence in recent weeks, Walmart’s resilience stood out, positioning itself as a sturdy anchor amidst the storm. This steadfast performance, notably in contrast to Target and Home Depot, showcased Walmart’s defensive prowess. The Grocery Giant’s Strategy Embodying a heavy grocery exposure and a reputation for ...

Russ Cohen

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Starbucks Struggles: A Bitter Brew for Investors

As we navigate through the tumultuous waters of the 2024 earnings season, one company that has caught everyone off guard is the renowned coffee giant, Starbucks (NASDAQ: SBUX). The recent financial report from Starbucks revealed a worrisome decline in both foot traffic and comparable-store sales, causing a significant tumble in its stock price. Year to ...

Russ Cohen

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The Leading Tech Stocks of May 2024 The Leading Tech Stocks of May 2024

Celestica: A Rising Star in Electronics Manufacturing The technology sector has been a hotbed of innovation and growth, attracting investors with its promise of future returns. One standout company in this realm is Celestica (NYSE:CLS), an electronics manufacturing firm that has seen its stock price skyrocket over the past year. ACM Research: Cleaning Up in ...

Russ Cohen

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Sea Limited (SE) to Report Q1 Earnings: What's in Store?

Anticipating Sea Limited (SE) Q1 Earnings Report Sea Limited (SE) Q1 Earnings Preview Sea Limited (SE) is preparing to unveil its first-quarter 2024 financial results on May 14. The Zacks Consensus Estimate for earnings remains steady at 36 cents over the past month, indicating a 40.98% drop year over year. Revenue estimates sit at $3.62 ...

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Understanding Perion Network’s Stock Decline

The Struggle Behind Perion’s Declining Stock Perion Network, a player in the adtech industry, witnessed a disheartening descent in its stock for two consecutive days. The plunge began after the company shared its first-quarter earnings report, initially resonating well with the market but took a nosedive later in the session. The nail in the coffin ...

Russ Cohen

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Unveiling Allstate (ALL): Wall Street’s Bullish Views & Worthiness of Investment Unveiling Allstate (ALL): Wall Street’s Bullish Views & Worthiness of Investment

Before deciding on a stock investment, it’s common practice for investors to seek guidance from Wall Street analysts. The question lingers: are these analyst recommendations truly reliable indicators? Let’s delve into the realm of Allstate (ALL) and explore the current sentiments of Wall Street analysts alongside the real worth of their advice. Understanding Brokerage Recommendations ...

Russ Cohen

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Deciphera Pharmaceuticals Earnings Report: A Closer Look at Q1 2024 Results Deciphera Pharmaceuticals Earnings Report: A Closer Look at Q1 2024 Results

Source: iQoncept / Shutterstock Deciphera Pharmaceuticals (NASDAQ:DCPH) recently unveiled its performance for the first quarter of 2024. Deciphera Pharmaceuticals exceeded expectations by reporting earnings per share of -52 cents, surpassing the analysts’ projected figure of -55 cents. The company recorded revenue amounting to $45.00 million. However, this fell short by 2.77% compared to the anticipated ...