Articles for author: Russ Cohen

Russ Cohen

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“Alphabet” Stock Could Be the Next Premier Dividend Payer “Alphabet” Stock Could Be the Next Premier Dividend Payer

Alphabet: The Cash Cow Waiting to Milk Dividends Alphabet, a pivotal player in the tech industry, holds the potential to transform into a cash-generating gem for investors – yet, it has refrained from sharing the wealth through dividends. In the fiscal year 2023, Alphabet raked in a staggering $74 billion in net income, positioning itself ...

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The Rise of Momentum: 3 Stocks Poised for Million-Dollar Growth

Considering the current upswing in the stock market, now is the prime moment to explore the realm of momentum stocks—no pun intended. These stocks represent companies experiencing accelerated growth and are expected to sustain their upward trajectory in the near future. With the AI revolution in full swing, the market offers a plethora of momentum ...

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FedEx Third-quarter Earnings Report Sparks Stock Surge FedEx Third-quarter Earnings Report Sparks Stock Surge

Shares of FedEx Corporation (FDX) soared in pre-market trading following the announcement of better-than-expected earnings for its third quarter and the authorization of a new $5 billion share repurchase program. FedEx reported quarterly earnings of $3.86 per share, surpassing the analyst consensus estimate by 11.88% and marking a 13.2% increase from the same period last ...

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Micron Technology Analysts and Q2 Performance Overview Analyst Forecasts Surge After Micron Technology’s Strong Q2 Performance

As the sun rises on Wall Street, Micron Technology Inc MU shares soar following an outstanding fiscal second quarter report. In the midst of an exhilarating earnings season, analysts have drawn insights from the company’s recent performance. Wedbush analyst Matt Bryson raises price target to $130 from $103, maintaining an Outperform rating. JPMorgan analyst Harlan ...

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Unveiling the Path of Netflix: CFO Discusses Growth Blueprint

Amidst the ever-evolving landscape of the entertainment industry, Netflix’s CFO, Spencer Neumann, recently shed light on the streaming behemoth’s growth trajectory and strategic outlook. Addressing the Morgan Stanley’s Technology Conference, Neumann asserted that the transition to a co-CEO structure has not disrupted Netflix’s operational framework. This seamless shift, he attributed to the company’s meticulous long-term ...

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An Inside Look at ChampionX’s Acquisition of RMSpumptools

Stepping Up Global Game in Artificial Lift Solutions ChampionX Corporation has set its sights on expansion by announcing its acquisition of RMSpumptools Limited, a strategic move that fortifies its position in the realm of artificial lift solutions. The UK-based business unit, previously under the umbrella of James Fisher and Sons’ energy division, specializes in meticulously ...

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Analyzing Baidu vs. Alibaba: A Tale of Growth and Recovery Analyzing Baidu vs. Alibaba: A Tale of Growth and Recovery

Baidu (NASDAQ: BIDU) and Alibaba (NYSE: BABA) were both once considered relatively safe plays on the Chinese economy’s long-term growth. Baidu owns the country’s leading search engine, while Alibaba operates its largest e-commerce marketplaces and its most widely used cloud infrastructure platform. Image source: Getty Images. Baidu’s Struggle with Maturing Business Baidu still controls 60% ...

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The Emerging Sky-High Opportunities in Flying Car Stocks

Investing in Future Transport Lifting off the pages of science fiction and into the commercial realm is the burgeoning flying car market, predicted to soar to remarkable heights. Allied Market Research forecasts the industry to reach $215.5 billion by 2025, propelling further to over $3.8 billion by 2035, and potentially skyrocketing to a colossal $1.5 ...

Russ Cohen

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Germany cannabis legalization on schedule as bill clears final hurdle

Breakthrough as Germany’s Cannabis Legalization Proceeds on Schedule Germany Embraces Cannabis Legalization SusanneSchulz A significant milestone has been achieved in Germany as the bill to legalize the recreational use of cannabis is poised to come into effect next month, following the successful clearance of the final hurdle by the country’s upper house of parliament without ...