Articles for author: Russ Cohen

Russ Cohen

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Top Stocks Poised for Growth Post Inflation Data Top Stocks Poised for Growth Post Inflation Data

The recent Federal Reserve’s decision to maintain steady short-term interest rates, signaling the approach of inflation toward the 2% target, has put several stocks in the spotlight. Analyzing the market response post the release of July 2024 inflation data is pivotal. Inflation trends and interest rates hold significant sway over investment choices. As inflation stabilizes, ...

Russ Cohen

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The Road Ahead for NIO Amidst a 60% YTD Decline The Road Ahead for NIO Amidst a 60% YTD Decline

Ahead lie tumultuous times for Hong Kong’s own NIO Inc., with its stock witnessing a significant downturn of nearly 60% year-to-date. The fierce battlefield of electric vehicles in China, a global slowdown in EV demand, and punitive tariffs in Europe have collectively shackled the company’s soaring ambitions. However, amidst this bleak forecast, analysts dare to ...

Russ Cohen

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Analysis: Fluctuating Crude Oil Market and Demand Concerns The Ebb and Flow of Crude Oil: IEA Adjusts Growth Outlook for 2025

Crude oil futures relinquished the gains from the previous session, marking the end of a five-day winning streak that had propelled WTI up by nearly 10%. Investor focus has now shifted back to worries about crude demand as concerns over a potential Iranian strike on Israel have temporarily subsided. According to the International Energy Agency’s ...

Russ Cohen

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VOXX International Corporation Board of Directors Update VOXX International Corporation Board of Directors Undergoes Transformation

A New Chapter Unfolds VOXX International Corporation, a key player in automotive and consumer technologies globally, has made significant changes to its Board of Directors. Ari M. Shalam has been elected as the Chairman of the Board, taking over from the seasoned John J. Shalam who now assumes the role of Chairman Emeritus. These changes ...

Russ Cohen

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Restaurant Brands International Faces Uphill Battle Amidst Tim Hortons Boost

Challenges in the Menu Restaurant Brands International Inc. (NYSE: QSR), a significant holding in the Pershing Square Capital portfolio managed by Bill Ackman, recently unveiled second-quarter results, painting a mixed picture for investors. Despite representing 8.5% of Ackman’s fund and clinching the title of the third-largest holding, Restaurant Brands has been facing turbulent times. The ...

Russ Cohen

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TELUS Expands PureFibre Network for Enhanced Connectivity TELUS Expands PureFibre Network for Enhanced Connectivity

Boosting Connectivity in Doig River First Nation and Beyond TELUS TU unveiled a bold initiative to invest $19.2 million in expanding the TELUS PureFibre services to the Doig River First Nation, marking a monumental step in the company’s ongoing commitment to provide cutting-edge technology to various communities. This strategic move will not only benefit residents ...

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Cannabis Industry Leadership Shift: Boris Jordan Takes the Helm at Curaleaf Cannabis Industry Leadership Shift: Boris Jordan Takes the Helm at Curaleaf

Curaleaf Holdings, Inc. CURA CURLF has named executive chairman Boris Jordan as the company’s new CEO, effective Friday, Aug. 16, 2024. From his Wall Street beginnings in the 1980s to his stewardship of one of the East Coast’s largest cannabis firms, Jordan’s journey has been one of relentless growth and vision. Jordan’s narrative commences on ...

Russ Cohen

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Evolution of Corporate Titans: Then & Now

The world has transformed significantly over the past two decades, and nowhere is this metamorphosis more apparent than in the realm of business. Gone are the days when banks, oil giants, and manufacturers ruled the American economy. Today, it’s the tech sector that wears the crown, exemplified by the “Magnificent Seven.” Reflecting on the past ...

Russ Cohen

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Social Security's 2025 COLA: Retirees in These 10 States Will Get the Biggest Raises Next Year

Social Security recipients get an annual cost-of-living adjustment (COLA) to protect the buying power of benefits from inflation. The Social Security Administration can’t calculate the official 2025 COLA until the Labor Department publishes the Consumer Price Index data for September. That will happen on Thursday, Oct. 10, at 8:30 a.m. ET. However, The Senior Citizens ...