Articles for author: Russ Cohen

Russ Cohen

GlobalFoundries Explores Merger With Taiwan's UMC To Strengthen US Semiconductor Industry

GlobalFoundries Inc. GFS is considering a potential merger with Taiwanese chipmaker United Microelectronics Corp. UMC. GlobalFoundries’ incoming CEO Tim Breen has been open to considering deal options, including a possible tie-up with UMC, Bloomberg reported, citing unnamed sources familiar with the matter. The U.S. chipmaker has a market value of ~$20 billion, while the Taiwanese firm is ...

Russ Cohen

Commodities, Bonds Position for Growth as US Stocks Search for Support

Commodities led widespread rallies in March for the major asset classes based on a set of ETFs. US assets posted the only losses last month, with American shares leading on the downside. The iShares S&P GSCI Commodity-Indexed Trust (NYSE:) rose 2.6%, posting March’s strongest return. The second-best gain in global markets last month was foreign ...

Russ Cohen

Notable ETF Outflow Detected – SPXL, NFLX, PM, ACN

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Direxion Daily S&P 500 Bull 3X (Symbol: SPXL) where we have detected an approximate $132.1 million dollar outflow — that’s a 2.8% decrease week over week (from 31,850,001 to 30,950,001). Among the largest underlying components ...

Russ Cohen

Should You Buy Ford While It's Trading Below $10.50?

Ford Motor Company (NYSE: F) finds itself at a crossroads as it navigates a challenging landscape. Its electric vehicle segment has struggled, and today, the stock trades 33% below its 52-week high. The automotive industry also is feeling the pressure from intensifying trade wars as President Donald Trump recently announced a 25% tariff on all ...

Russ Cohen

Seeking Exposure to China Tech Stocks? Use This Tool

Zacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future. Whether you’re interested in cutting-edge technology, renewable energy, or healthcare innovations, our themes help you invest in ideas that matter to you. For those interested in viewing the Thematic screens, please click here: >>> Thematic Screens – Zacks Investment Research. A ...

Russ Cohen

Trulieve Announces Expanded Distribution of Premium THC Beverage Onward

Available now at select Shores Liquor locations and coming soon to ABC Wine & Spirits in Florida TALLAHASSEE, Fla., March 26, 2025 /PRNewswire/ — Trulieve Cannabis Corp. TRUL TCNNF (“Trulieve” or “the Company”), a leading and top-performing cannabis company in the U.S., today announced the availability of Onward beverages powered by Trulieve in select Shores Liquor locations and ...