Articles for author: Russ Cohen

Russ Cohen

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U.S. Steel Q4 Earnings Preview: Nippon’s $14.1 Billion Deal United States Steel Corp Focuses on Nippon’s $14.1 Billion Deal

United States Steel Corp X will be reporting its fourth-quarter earnings on Feb. 1. Wall Street expects 26 cents in EPS and $3.76 billion in revenues as the company reports after market hours. The Pittsburgh-based company’s stock is up about 70% over the past year. Related: US Steel Shares Outperform S&P 500 – Deliver 30% ...

Russ Cohen

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CGI Group Forges Transformative Partnership with Posti CGI (GIB) Partners Posti to Offer Improved Messaging Services

The recent announcement by CGI (GIB) regarding a ten-year strategic partnership with the premier delivery and logistics services provider, Posti Group, marks a significant milestone in the evolution of digital multichannel messaging services. This collaboration comes at a critical juncture when customer expectations and cybersecurity demands are reaching unprecedented heights. Strategic Alliance for Digital Enhancement ...

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Ford’s EV Strategy: A Speed Bump or a Dead End? Ford’s EV Strategy: A Speed Bump or a Dead End?

Investors hopeful for a resurgent Ford Motor Company (NYSE: F) see a potential turnaround from the company’s staggering $4.5 billion in annual electric vehicle (EV) losses. Alas, a recent game-changing decision by Ford raises doubts about the feasibility of realizing that vision within the anticipated timeframe. A Shocking Turn The F-150 Lightning’s sales surge of ...

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Ford And GM EV Outlook Amid Worksport Expansion Ford, GM, and Stellantis: A Tale of Shifting EV Sentiments

With Ford Motor scaling back its electric F-150 pickup, Worksport, a tonneau cover producer, makes headlines by defying the EV slow down. The company’s plans to expand its B2B dealer network across the U.S. and Canada, and its presence on major e-commerce platforms like Amazon, eBay, and Walmart, are testament to Worksport’s bold vision. Worksport ...

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Analyst Shows Upbeat Outlook as Meta Platforms Receives 22% Price Target Boost Ahead of Q4 Results Analyst Shows Upbeat Outlook as Meta Platforms Receives 22% Price Target Boost Ahead of Q4 Results

Meta Platforms, Inc. META is widely expected to have ended its “year of efficiency” with a flourish, with an analyst at KeyBanc Capital Markets largely upbeat about the fourth-quarter performance. Analyst’s View: With an Overweight rating on Meta shares, Justin Patterson upped his price target by 22% from $380 to $465, reflecting optimism about the ...

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X, Meta, TikTok and Snap CEOs Unite for Child Safety Legislation X, Meta, TikTok and Snap CEOs Unite for Child Safety Legislation

Tech Leaders Make Unprecedented Commitments Top tech executives are set to testify at a Senate Judiciary Committee hearing on child safety in social media. They are expected to make unprecedented policy commitments and legislative endorsements, as reported by NBC News. Critical Legislative Endorsements Expected Linda Yaccarino of X, Mark Zuckerberg of Meta, and other CEOs ...

Russ Cohen

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Nasdaq 100 Index: Tesla and Baker Hughes Volatility Strikes Nasdaq 100: Tumultuous Day for Tesla and Baker Hughes

Tesla Tops the Charts Early Tuesday trading saw Tesla leading the charge as the best performing component of the Nasdaq 100 index, with shares rising by 1.0%. Despite this daily surge, Tesla has incurred a substantial year-to-date loss of approximately 22.4% in value. Baker Hughes Dips Conversely, Baker Hughes struggled in early trading, claiming the ...