Articles for author: Russ Cohen

Russ Cohen

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Analysis of Positive Retail Data Impact on Direxion Amazon-Focused ETFs Unpacking Implications of Favorable Retail Report on Amazon ETFs

Amazon.com Inc AMZN achieved remarkable success on Thursday. AMZN experienced a boost from strong consumer spending figures, with retail sales surging 1% in July. The positive trend continued on a yearly basis as retail sales jumped by 2.7% compared to a downwardly revised 2% in June. Notably, jobless claims also decreased, contributing to an overall ...

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Tempus AI Surge Propels Investors: Google and SoftBank Infusions Drive Bullish Run Tempus AI Surge Propels Investors: Google and SoftBank Infusions Drive Bullish Run

Tempus AI Inc. TEM, a cutting-edge healthcare diagnostics company, has been on a tear. The stock established a new high of $47.81 on Thursday. The stock is up 17.27% since its IPO in June. The company, which went public at $37 per share, and has been riding a wave of momentum ever since. Over the ...

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Market Insights: Did Retail Stocks and Warren Buffett Rescue the Market? Market Insights: Did Retail Stocks and Warren Buffett Rescue the Market?

Yesterday presented a whirlwind of events that could easily give investors a rollercoaster ride. Following the release of economic data earlier in the week and a wave of earnings reports, the market found itself at a crossroads. Warren Buffett, the Oracle of Omaha, made headlines by revealing his latest stock holdings, with Ulta Beauty emerging ...

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SciSparc Licenses SCI-160 Pain Drug Program to Polyrizon Exploration of SciSparc’s Strategic Move Towards Pain Treatment

Klaus Vedfelt/DigitalVision via Getty Images Amid the ebbs and flows of the stock market, SciSparc (NASDAQ:SPRC) witnessed a staggering 40% surge in post-market trading on a particularly eventful Friday. This surge was the result of the Israeli pharmaceutical company’s strategic decision to exclusively license its SCI-160 pain treatment program to Polyrizon. In a mutually beneficial ...

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Assessing Berkshire Hathaway’s Response to AI Tailwinds Assessing Berkshire Hathaway’s Response to AI Tailwinds

Berkshire Hathaway, the titan of investing led by the legendary Warren Buffett, appears to be sailing through choppy waters amid the rising tide of artificial intelligence (AI) innovations. The company’s recent move to reduce its exposure to tech giant Apple, a significant player in the AI realm, casts shadows on its readiness to ride the ...

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Gilat Satellite Networks Joins WAVE Consortium Board Gilat Satellite Networks Joins WAVE Consortium Board

The Wave of Change in Satellite Communications Satellite technology, often viewed as a stalwart of the communication industry, is undergoing a metamorphosis towards agility, scalability, and cost-efficiency. Amidst this transformative wave, Gilat Satellite Networks Ltd. ascends to a new role as a board member of the groundbreaking Waveform Architecture for Virtualized Ecosystems (WAVE) Consortium. This ...

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Unveiling Energy Market Trends: A Deep Dive into Top Performing Stocks Unveiling Energy Market Trends: A Deep Dive into Top Performing Stocks

The energy sector, with its intricate dance of supply, demand, and investor sentiment, has long been a source of intrigue for traders and market observers alike. As summer temperatures rise, so does the fervor in the energy market, with stocks ripe for the picking as opportunities abound amidst the volatility. The Oversold Opportunities When discussing ...

Russ Cohen

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Rivian Automotive: Analyzing Support Levels and Potential Reversal Rivian Automotive: Analyzing Support Levels and Potential Reversal

Some proclaim the stock market as capricious, with nothing assured but change. Yet certainty prevails in one aspect—the market’s unending tendency to trend. There exists a perpetual dance of ascents, descents, and sideward slides. Inevitably, every trend meets its termination. Rivian Automotive, Inc. with the ticker symbol RIVN, has witnessed a downward trajectory in recent ...