Articles for author: Russ Cohen

Russ Cohen

EPIX Investors Have Opportunity to Lead ESSA Pharma Inc. Securities Fraud Lawsuit with the Schall Law Firm

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against ESSA Pharma Inc. (“ESSA” or “the Company”) EPIX for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the ...

Russ Cohen

Options Corner: Ambiguity Ahead Of AMD's Q4 Earnings Sweetens A 'Condor' Trade

Although China’s DeepSeek model threatens to disrupt the current paradigm in artificial intelligence, it’s just one concern impacting semiconductor giant Advanced Micro Devices Inc AMD. Ahead of the company’s critical fourth-quarter earnings report, investors may find more comfort considering a directionally neutral strategy in the form of an iron condor. Fundamentally, Advanced Micro incurs mixed ...

Russ Cohen

A Closer Look at Applied Optoelectronics's Options Market Dynamics

Investors with a lot of money to spend have taken a bearish stance on Applied Optoelectronics AAOI. And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don’t know. But when ...

Russ Cohen

Insider Selling in Tech Stocks Spikes in Q4

Insider selling in tech stocks like AppLovin (NASDAQ: APP), Broadcom (NASDAQ: AVGO), and Netflix (NASDAQ: NFLX) spiked in Q4 2024 and could signal a top for the market. Sellers include the CEO, CFO, directors, and critical C-suite personnel in all cases, providing a potentially strong signal. However, selling activity also aligns with companies that utilize ...

Russ Cohen

Thursday's ETF with Unusual Volume: RPV

The Invesco S&P 500 Pure Value ETF is seeing unusually high volume in afternoon trading Thursday, with over 5.4 million shares traded versus three month average volume of about 122,000. Shares of RPV were up about 0.6% on the day. Components of that ETF with the highest volume on Thursday were Ford Motor, trading up ...

Russ Cohen

Bear of the Day: Baidu (BIDU)

Baidu Company Overview Zacks Rank #5 (Strong Sell) stock Baidu (BIDU) is a Chinese technology company that offers multiple internet services. With a focus on mainland China users, Baidu is best known for its search engine dominance (owns ~54% market share in China). However, the company has branched out into several other offerings. Baidu also ...

Russ Cohen

Trulieve Announces Relocation of Affiliated Dispensary to Lancaster, Pennsylvania

New location to celebrate grand opening with ribbon cutting and pop-up event Friday, January 31st TALLAHASSEE, Fla., Jan. 24, 2025 /PRNewswire/ — Trulieve Cannabis Corp. TRUL TCNNF (“Trulieve” or “the Company”), a leading and top-performing medical marijuana company in the U.S., today announced the relocation of a Trulieve-affiliated medical marijuana dispensary to Lancaster, Pennsylvania. The new Lancaster ...

Russ Cohen

Options Corner: Tech Sector Fallout Opens An Opportunity For Nvidia With One Critical Caveat

Last week, the market soared on the heels of President Donald Trump‘s pledge to make the U.S. the “world capital of artificial intelligence and crypto.” Today, this ambitious directive is coming under severe fire. On Monday, China’s open-source AI model called DeepSeek R1 sent shockwaves that rattled Wall Street. Even tech juggernaut Nvidia Corp. NVDA ...