Articles for author: Russ Cohen

Russ Cohen

Meta’s Decision: Sunset for Apple Vision Pro Rival

A Rivalry Derailed Meta Platforms Inc. (META) reportedly decided to discontinue its developments of a headset aimed to compete with Apple Inc.‘s (AAPL) Vision Pro. Behind the Scenes The project, known internally as La Jolla, was part of Meta’s four-year strategy for virtual and mixed-reality headsets. Starting its journey in November 2023, the development abruptly ...

Russ Cohen

Exploring the Resilience of Building Products Stocks Amidst Industry Evolution Exploring the Resilience of Building Products Stocks Amidst Industry Evolution

Increased government infrastructure spending is acting as a potent tailwind for companies in the Zacks Building Products – Miscellaneous industry. Despite facing potential headwinds like macroeconomic uncertainties, soaring rates, and escalating raw material costs, firms such as Advanced Drainage Systems, Inc., Armstrong World Industries, Inc., Frontdoor, Inc., Construction Partners, Inc., and Latham Group, Inc. are ...

Russ Cohen

Nvidia’s Quarterly Outlook: Navigating Supply Chain Hurdles Towards Earnings Nvidia’s Quarterly Outlook: Navigating Supply Chain Hurdles Towards Earnings

As Nvidia (NVDA) readies itself for the highly-anticipated release of its Q2 2025 earnings post-market close on an upcoming Wednesday, investors are on tenterhooks, awaiting to ascertain if the AI chip giant retains its competitive edge. The burgeoning global artificial intelligence (AI) market, anticipated to swell to $1.8 trillion by 2030, relies heavily on Nvidia’s ...

Russ Cohen

Insightful Evaluation of Alibaba’s Stock Growth Potential Insightful Evaluation of Alibaba’s Stock Growth Potential

DBS remains bullish on the future of Alibaba Group Holding Limited (HK:9988), projecting a substantial 44% upside potential following the release of the company’s latest June quarter results. Analyst Sachin Mittal from DBS, a five-star rated analyst on TipRanks, has reaffirmed a Buy rating on the stock, highlighting Alibaba’s dominant position in the e-commerce realm ...

Russ Cohen

Eyes on Nvidia: A Catalyst Beyond the Fed

For three years, the U.S. Federal Reserve maintained a firm grip on interest rates, leaving the federal funds rate at a 23-year high of 5.33% since its last increase in August 2023. Today, as inflation eases and unemployment creeps up, whispers of impending rate cuts dance through Wall Street. Yet, while a rate cut can ...

Russ Cohen

Tech Sector Update: The Impact of Rate Cuts on Market Dynamics Tech Sector Update: The Impact of Rate Cuts on Market Dynamics

Investors tip-toed carefully through the opening days of the week, but the mood took a turn on Friday (August 23) afternoon following an uplifting revelation by US Federal Reserve Chair Jerome Powell During a speech in Jackson Hole, he hinted at the Fed’s readiness to initiate interest rate reductions. The week witnessed a surge in ...

Russ Cohen

Expansive Gain on Peloton’s Strong Q4 Performance

Peloton Interactive, Inc. PTON recently revealed its Q4 fiscal 2024 results, stunning investors with earnings and revenues that exceeded expectations. The outcome was a roaring success as Peloton’s shares surged by a solid 12% during pre-market trading on Aug 22. Strong Financial Performance PTON showcased an adjusted loss per share of 8 cents, well below ...