Articles for author: Russ Cohen

Russ Cohen

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Exploring Potential Multibaggers: Cloud Computing Stocks The Potential of Cloud Computing Stocks: A Deep Dive

Cloud computing has become the cornerstone of technological innovation, reshaping industries with its unparalleled processing speeds and quantum capabilities. Investors who overlook the soaring trajectory of cloud computing stocks may find themselves missing out on significant growth opportunities. Expanding Cloud Computing Landscape The cloud computing industry has demonstrated impressive growth, with a market size that ...

Russ Cohen

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Tune Into Potential Profits With The Sector Pure-Play MUSQ Global Music Industry ETF (MUSQ)

Tune Into Potential Profits With MUSQ Global Music Industry ETF (MUSQ) Harmonious Gains: Spotify Soars in Q2 Earnings Report Spotify Technology, known by its ticker symbol SPOT, made waves in the pre-market with its highly anticipated second-quarter earnings update. Despite a bearish trend leading up to the disclosure, the audio streaming giant soared past expectations, ...

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STERIS Ahead of Q1 Earnings The Tale of STERIS: A Lead Before Q1 Earnings

STERIS plc STE is poised to unveil its first-quarter fiscal 2025 outcomes on August 6. Historical Earnings Surprises STERIS boasts a robust history of exceeding earnings expectations. Out of the last four quarters, it outshone projections three times, falling short only once, with an average surprise of 2.21%. Notably, in the previous quarter, the company reported adjusted ...

Russ Cohen

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Insight into US Home Sales Performance Disappointing Numbers: US Home Sales Hit a Roadblock Amid Soaring Prices

June 2024 marked a jarring turn for the worse in existing home sales across the United States, with a significant 5.4% freefall from May. This plummet, the most severe monthly decline since November 2022, reflects the deep uncertainty gripping potential buyers, largely fueled by sky-high median prices surging to unprecedented levels for the second month ...

Russ Cohen

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IBM's software growth, Gen AI bookings and consulting growth in focus during Q2 earnings

Insight Into IBM’s Q2 Earnings Focus The Tale of IBM’s Q2 Earnings Landscape Sundry Photography/iStock Editorial via Getty Images As International Business Machines Corporation (NYSE:IBM) gears up to unveil its second-quarter results, all eyes are on its software services growth buoyed by Gen AI bookings, against a backdrop of potential declines in consulting. Projected figures ...

Russ Cohen

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Warren Buffett Trims Bank of America Stake: Delving into the Why

Warren Buffett’s investment acumen is legendary, causing many keen investors to closely monitor the octogenarian billionaire’s every market move. The recent disclosure that Buffett’s conglomerate, Berkshire Hathaway, shed 34 million shares (equivalent to $1.48 billion) of Bank of America stock, Berkshire’s second-largest common stock holding, has sparked intrigue among financial circles. Although the sale represents ...