Articles for author: Russ Cohen

Russ Cohen

Raging AI Debate Could Deliver Fuel For Direxion's Nvidia-Focused Funds NVDU And NVDD

Nvidia Corp NVDA investors have no shortage of reasons to continue bidding up NVDA stock. Primarily, the semiconductor stalwart – known for its advanced graphics processors that undergird artificial intelligence-based platforms and applications – recently posted financial results for the third quarter that handily beat expectations. Management disclosed earnings per share of 81 cents, outpacing ...

Russ Cohen

Best Growth Stocks to Buy for November 26th

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, November 26: International Consolidated Airlines Group S.A. ICAGY: This transportation company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days. International Consolidated Airlines Group SA ...

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. ...