Articles for author: Russ Cohen

Russ Cohen

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Tesla Stock: Navigating Stormy Seas in 2024 Tesla Stock: Navigating Stormy Seas in 2024

Electric vehicle (EV) maker Tesla (TSLA) has faced a tumultuous year, battling a gloomy outlook across its core car business. The company’s stock price has taken a significant hit, plummeting by approximately 10.3% year-to-date, drastically lagging behind the S&P 500 Index’s impressive gain of over 17%. The once-unstoppable Tesla, dominating the EV sector, now finds ...

Russ Cohen

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Assessing Alibaba’s Stock Performance: To Hold or Fold?

Alibaba (BABA) has taken a toll over the past year, witnessing a 7.2% decline in its stock price. This downturn stands in stark contrast to the impressive growth of 22.5%, 19.6%, and 26.1% in the Zacks Internet-Commerce industry, the broader retail sector, and the S&P 500 index, respectively. With uncertainty looming, investors are grappling with ...

Russ Cohen

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Monday’s Options Trading Surge: CR, STNG, TSLA A Glimpse into Monday’s Unusual Option Activity: Crane Co, Scorpio Tankers Inc, Tesla Inc

Diving into Noteworthy Trades Amidst the regular hum of options trading, Monday witnessed a surge in activity across the board for Crane Co (CR), Scorpio Tankers Inc (STNG), and Tesla Inc (TSLA), with notable contracts changing hands. Exciting Movement in Crane Co (CR) Crane Co (CR) saw an uptick with 2,952 contracts trading, equivalent to ...

Russ Cohen

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Cerebras Revolutionizes AI Inference with Unprecedented Speed Cerebras Revolutionizes AI Inference with Unprecedented Speed

Cerebras, an artificial intelligence startup based in Sunnyvale, Calif., unveiled Cerebras Inference, positioning it as the world’s swiftest AI inference solution. Claiming a monumental 20x faster performance compared to NVIDIA GPU-based hyperscale clouds, Cerebras Inference blazes through computations, offering 1,800 tokens per second for Llama3.1 8B and 450 tokens per second for Llama3.1 70B. Cerebras ...

Russ Cohen

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Tims China Q2 2024 Results Conference Call Details Exploration of Tims China Quarterly Performance and Call Symposium

As the financial landscape shifts, TH International Limited’s (“Tims China”) forthcoming second quarter results disclosure is poised to fuel curiosity and anticipation among investors. Scheduled for publication on August 29, 2024, the market opening shall witness these revelations. Webcast Conference Call Extravaganza Beckoning at 8:00 AM EDT or 8:00 PM China Standard Time, the subsequent ...

Russ Cohen

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Undervalued Financial Stocks Set to Rise Exploring Undervalued Financial Stocks Poised for Growth

Investors seeking bargains in the financials sector are presented with an enticing opportunity to delve into undervalued companies that have been overlooked in the market. Identifying Oversold Stocks One of the key indicators to consider is the Relative Strength Index (RSI) – a momentum indicator that gauges a stock’s strength on days with price increases ...

Russ Cohen

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Insightful Analysis of MINISO Group Holding Limited (MNSO) The Complexity of Broker Recommendations: Unveiling MINISO Group Holding Limited (MNSO)

Investors often ponder over analyst suggestions before making investment decisions. Brokerage recommendations tend to sway market sentiment, but do these evaluations truly hold weight? Before delving into the reliability of brokerage inputs, let’s scrutinize MINISO Group Holding Limited Unsponsored ADR (MNSO) and what the financial gurus of Wall Street have voiced about it. Currently holding ...

Russ Cohen

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CEO Shake-Ups At Canopy, Curaleaf And Recent Top Exec And Board Changes In Cannabis And Psychedelics

Insightful Transformations in Cannabis and Psychedelics Leadership Cannabis Regulatory Landscape Shifts In a dramatic development in late July, the Office of Cannabis Management, under the helm of former head Chris Alexander, saw a notable exodus of key personnel following Governor Kathy Hochul’s decisive actions. Departures of senior officials, including Deputy Director of Licensing Danielle Holmes ...