Articles for author: Russ Cohen

Russ Cohen

What Are Wall Street Analysts' Target Price for Autodesk Stock?

Autodesk, Inc. (ADSK), headquartered in San Francisco, California, provides 3D design, engineering, and entertainment technology solutions. Valued at $69.1 billion by market cap, the company’s two-dimensional and three-dimensional products are used across industries and in the home for architectural design, mechanical design, geographic information systems and mapping, and visualization applications. Shares of this global leader in software have outperformed ...

Russ Cohen

Does Billionaire Ken Griffin Know Something Wall Street Doesn't? The Citadel Chief Sold More than Half His Broadcom Stock and Is Piling Into Another Artificial Intelligence (AI) Stock-Split Stock Instead

Ken Griffin is arguably one of the most successful investors of all time. He made a name for himself when he shorted stocks just ahead of the 1987 market crash that came to be known as “Black Monday.” His profits last year topped $7 billion as his returns of roughly 15% outpaced many of his ...

Russ Cohen

DeepGreenX and Veea Announce Global Strategic Partnership Agreement

Veea will support DeepGreenX’s implementation of a global AI-driven virtual energy grid with US$140 billion lease financed infrastructure over the next 5 years DeepGreenX Group Inc. (“DeepGreenX” or “the Company”), an AI-enabled green energy and technology company, and Veea Inc. VEEA, a pioneer in edge computing and AI-driven solutions, announced a global partnership for a ...

Russ Cohen

IBM Spin-Off Kyndryl Announces $300 Million Buyback: What's Next For KD Stock?

Kyndryl Holdings Inc. KD is boosting investor confidence with the announcement of its first-ever share repurchase program, worth $300 million. The International Business Machines Corp IBM spin-off is using the buyback to return capital to shareholders, signaling its belief in sustainable growth despite a competitive market. Share Repurchase Reflects Management’s Confidence The new repurchase program ...

Russ Cohen

Bluesky Adds Millions Of Users As Elon Musk's X Faces Exodus Post Trump Victory: Here Are A Few Starter Packs To Help You Level Up On The Platform

Following the 2024 U.S. Presidential election, a significant shift is happening in the social media landscape.  Many users, including Taylor Swift’s fanbase, the Swifties, have begun leaving Elon Musk’s X, formerly Twitter, for Bluesky, a rising social media platform. In just a few days, Bluesky’s user base surged from 14 million to 20 million, growing ...

Russ Cohen

Why Walmart, Amazon Stock Could Stumble This Holiday Season

Traders eyeing U.S. retail giants like Amazon.com Inc. AMZN, Walmart Inc. WMT and Best Buy ahead of Black Friday and Cyber Monday may be in for an unpleasant surprise as December kicks in. Despite the holiday shopping frenzy, historical data spanning decades suggests December is not the ideal month to invest in these retail behemoths. ...

Russ Cohen

Nvidia Stock Just Did Something It Has Never Done Before. History Says the AI Stock Could Do This Next.

The Dow Jones Industrial Average (DJINDICES: ^DJI) is a price-weighted index that tracks 30 U.S. companies. While inclusion is not based on strict rules, the index committee tends to select stocks that have three qualities: an excellent reputation, sustained growth, and widespread interest among investors. On Nov. 8, semiconductor company Nvidia (NASDAQ: NVDA) did something ...

Russ Cohen

FLUX Investors Have Opportunity to Lead Flux Power Holdings, Inc. Securities Fraud Lawsuit

LOS ANGELES, Nov. 20, 2024 /PRNewswire/ — The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Flux Power Holdings, Inc. (“Flux Power” or the “Company”) FLUX. Class Period: November 11, 2022 – September 30, 2024Lead Plaintiff Deadline: December 31, 2024 If ...

Russ Cohen

Top 3 Tech Stocks Which Could Rescue Your Portfolio In Q4

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a ...