Articles for author: Russ Cohen

Russ Cohen

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Western Digital Expected Earnings Surge At the High End Anticipated High-End Earnings for Western Digital Corporation

Shares of Western Digital Corp WDC surged in early trading on Tuesday, following top analysts’ forecast revisions for several stocks. The San Jose, California-based company is likely to report its fiscal second-quarter results at the high end of guidance, owing to the rapid improvement in NAND pricing since October, as per Deutsche Bank’s analysis. Analysis ...

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Apple Changes App Store Policies Apple Opens Door for US Developers – External Payment Platforms Now Accessible

Apple’s Policy Update In a surprising move, tech giant Apple Inc. has announced major revisions to its App Store’s regulations, allowing U.S. developers to integrate external payment platform links. As per the updated guidelines reported by The Verge, developers are still required to pay Apple a percentage of the transaction, set at 27% (down from ...

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Analysts Project 10% Upside Potential for QQXT Based on Underlying Holdings Analysts Project 10% Upside Potential for QQXT Based on Underlying Holdings

Considering the underlying holdings of the ETFs in our coverage universe at ETF Channel, an analysis has been conducted to compare the trading price of each holding against the average analyst 12-month forward target price. The weighted average implied analyst target price for the ETF itself was then computed. Focusing on the First Trust NASDAQ-100 ...

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European Markets React to Davos Meeting European Markets React to Davos Meeting

da-kuk/E+ via Getty Images London (UKX) -1.22% UK’s inflation rate rises to 4% in December Germany (DAX:IND) -0.88% France (CAC:IND) -1.06% The annual inflation rate in Austria rose to 5.6% in December 2023. The annual producer inflation in the Czech Republic accelerated to 1.4% in December 2023. The pan-European Stoxx 600 (STOXX) moved 1.18% lower, ...

Russ Cohen

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Apple’s 50% Stock Surge Unpacked The Apple of Investors’ Eye: How Apple Stock Soared Almost 50% in One Year

Shares of Apple (NASDAQ: AAPL) surged by 48.2% in 2023, according to data from S&P Global Market Intelligence. The stock’s remarkable climb was propelled by robust operational performance and a swell in investor optimism. Image source: Getty Images A Testament to Strong Earnings and Favorable Market Conditions Amid slowing sales, Apple displayed a resilient cash ...

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Microsoft: Leading the AI Revolution Microsoft: Leading the AI Revolution

The rapid advancements in artificial intelligence (AI) have significantly impacted various industries, making AI stocks appealing to investors seeking growth opportunities. Among the many contenders in this space, tech giant Microsoft (MSFT) has emerged as a key player with its robust AI capabilities. The company had an impressive start to fiscal 2024, with outstanding growth ...

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Undervalued Health Care Stocks with Potential for Growth Undervalued Health Care Stocks with Potential for Growth

Identifying Oversold Stocks in the Health Care Sector The health care sector has been home to some of the most oversold stocks, presenting an opportunity to buy into undervalued companies. These stocks exhibit potential for a strong rebound based on technical indicators. iBio, Inc. (IBIO) On Dec. 5, iBio announced pricing of a $4.5 million ...

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Magna Unveils Revolutionary eDrive Technology At CES 2024, Set To Transform EV Market Revolutionary 800V eDrive Technology Unveiled by Magna at CES 2024

Magna International Inc MGA, a global automotive technology company, has debuted its cutting-edge 800V eDrive solution at the CES 2024 event. Game-Changing eDrive Solution Magna’s next-generation electric drive system is designed to establish new standards in efficiency, power-to-weight ratio, and torque density. Promising a paradigm shift in the electric vehicle (EV) landscape, this innovative eDrive ...

Russ Cohen

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Tesla Electric Vehicle Owners Face Charging Challenges in Frigid Chicago

Arctic Weather Leads to Charging Woes Chicago is experiencing a brutal winter, and the extreme cold is beginning to impact the electric vehicle (EV) charging infrastructure, particularly for owners of Tesla Inc. (NASDAQ: TSLA) vehicles. Reports have emerged of Tesla supercharging stations becoming akin to “car graveyards” as a result of the ongoing arctic conditions. ...