Articles for author: Russ Cohen

Russ Cohen

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Meta Platforms Inc. Sees 16% Surge in Shares Pre-Market Meta Platforms Inc. Sees 16% Surge in Shares Pre-Market

Shares of Meta Platforms, Inc. (META) rose sharply in today’s pre-market trading as the company reported upbeat fourth-quarter financial results and initiated a quarterly dividend of 50 cents per share. The company also announced a $50 billion increase to its share repurchase authorization. Meta shares climbed 16.5% to $460.02 in pre-market trading. Here are some ...

Russ Cohen

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A Look into the Financial Outlook of Blackstone, Zimmer Biomet, and a Major Retailer

Jason Snipe’s Confidence in Blackstone Inc. On CNBC’s “Halftime Report Final Trades,” Jason Snipe of Odyssey Capital Advisors expressed his favor for Blackstone Inc. despite the firm’s mixed fourth-quarter 2023 results. Blackstone reported adjusted revenues of $2.54 billion, which fell short of the consensus of $2.57 billion. Additionally, distributable earnings (DE) rose 4% Y/Y to ...

Russ Cohen

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Anticipated Quarterly Earnings Releases Anticipated Quarterly Earnings Releases

Anticipation Builds for Upcoming Quarterly Releases The ongoing earnings season continues to deliver compelling insights into the financial standing of top market performers. This week, the limelight falls on mega-cap technology companies, who have, for the most part, been warmly received by investors post-earnings. Looking forward, the upcoming week promises an engaging flurry of earnings ...

Russ Cohen

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Two Growth Stocks Replacing Tesla in the Magnificent Seven Two Growth Stocks Replacing Tesla in the Magnificent Seven

The Magnificent Seven, originally crafted by the esteemed Mad Money host Jim Cramer, champions companies with substantial growth potential and resilience in the face of economic tumults. However, Tesla (NASDAQ:TSLA), after a disappointing quarterly performance, has been ousted from this prestigious group. This raises the critical question of which other high-growth companies are worthy of ...

Russ Cohen

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Why Alibaba Stock is Worth a Second Look Despite Challenging Headwinds Why Alibaba Stock is Worth a Second Look Despite Challenging Headwinds

Alibaba (NYSE: BABA), had an impressive stock market debut with a record-breaking IPO in 2014. The company achieved a valuation of $169.4 billion and its stock soared to an all-time high of $312.87 in 2020. Fast forward to January 2024, and Alibaba’s stock closed just above its IPO price at $68.05, marking a steep decline ...

Russ Cohen

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Analyzing Apple Stock Gains Since the Launch of the iPhone The Phenomenal Growth of Apple Stock after the iPhone Launch in 2007

Seventeen years have passed since the historic announcement of the first iPhone by Apple (NASDAQ: AAPL) on Jan. 9, 2007, marking the birth of the smartphone industry. Since that pivotal event, Apple stock has been a stellar investment, delivering a remarkable total return of 7,390% over the last 17 years, compounding at a staggering 28.7% ...