Articles for author: Russ Cohen

Russ Cohen

Jeff Bezos-Backed Perplexity Reportedly Makes $50 Billion Move To Merge With TikTok, But Elon Musk's X Remains This Analyst's Favorite Bidder

Jeff Bezos-backed Perplexity reportedly bid to merge with TikTok U.S. on Saturday, but Wedbush analyst Dan Ives hinted Elon Musk’s X could ultimately seal the deal amid rising speculation. What Happened: On Saturday, Perplexity submitted a bid to ByteDance, TikTok’s Chinese parent company, to form a new entity that includes Perplexity, TikTok U.S., and new ...

Russ Cohen

Nasdaq, Russell 2000: Rates-Driven Rally or Bull Trap in Disguise?

Nasdaq 100, Russell 2000 rally amid sharp Treasury yield declines Strong correlations with bond futures signal rates-driven moves, not political Key technical breakouts suggest upside risks remain in focus. Worst case scenario on tariffs may be avoided, bolstering risk appetite Summary This analysis explores how falling US Treasury yields, not political developments, may have driven ...

Russ Cohen

2 Cybersecurity Stocks You Can Buy and Hold for the Next Decade

While the huge spike in spending on artificial intelligence (AI) has gotten all the investment attention in the technology sector over the past year, that doesn’t mean that increased cybersecurity spending went away. In fact, market research company Gartner recently forecasted that cybersecurity spending will increase from $183.7 billion in 2024 to $293.9 billion in ...

Russ Cohen

What to Know For The Holiday-Shortened Trading Week Ahead

For the third-straight week, investors will have a holiday to plan around. With markets closed Monday in observance of Martin Luther King, Jr. Day, it puts more onus on the the next four trading days. Sure enough, the slate is packed; purchasing managers index data is on tap, earnings will keep on coming, and the ...

Russ Cohen

Is a Ford Stock Turnaround on the Horizon?

Ford Motor Co. (NYSE: F) is the second largest automaker in the United States behind General Motors Inc. (NYSE: GM). The business has started to experience recovery as inventories improved from easing supply chain issues in 2024, but the stock continued to underperform, trading down 16%. It’s been an underperforming stock for over a decade, ...

Russ Cohen

Navigating BABA's Investment Strategy for 2025: Jump In or Wait Out?

As Alibaba BABA approaches 2025, investors face a crucial decision point amid the company’s aggressive AI investments and strategic pivots. While the stock has gained traction with a 14.3% year-to-date return, the critical question remains: should investors enter now or wait for a potentially better entry point in 2025? Recent developments in AI technology and ...

Russ Cohen

Trulieve to Open Dispensary in Zanesville, Ohio

New Muskingum County location will host grand opening celebration Friday, January 17th TALLAHASSEE, Fla., Jan. 16, 2025 /PRNewswire/ — January 16, 2025 – Trulieve Cannabis Corp. TRUL TCNNF (“Trulieve” or “the Company”), a leading and top-performing cannabis company in the U.S., today announced the opening of a new dispensary in Zanesville, Ohio. The new Trulieve Zanesville ...

Russ Cohen

Is Nutanix (NTNX) a Buy as Wall Street Analysts Look Optimistic?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock’s price. Do they really matter, though? Let’s take a look at what these Wall Street heavyweights have to ...

Russ Cohen

Warren Buffett Openly Called Bitcoin A 'Rat Poison' In 2018. 7 Years Later, He Is Invested In This Crypto-Linked Stock Which Soared 27% In 2024

Despite his well-known disdain for cryptocurrencies, the ‘Oracle Of Omaha’ – Warren Buffett‘s Berkshire Hathaway Inc BRK BRK has invested in a company that supports the cryptocurrency market and has soared by 27.43% in 2024. What Happened: Buffett’s Berkshire had initially invested $500 million in a Series G funding round and subsequently another $250 million ...