Articles for author: Russ Cohen

Russ Cohen

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Understanding Nextracker Stock Surge Understanding Nextracker Stock Surge

Nextracker Inc. NXT is currently experiencing a bullish run in the stock market. The company recently revealed its third-quarter financial results, showcasing an impressive performance that has left investors beaming with delight. Nextracker reported a remarkable 100% beat on its third-quarter earnings, standing at 96 cents per share, as compared to the analyst consensus estimate ...

Russ Cohen

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Asia-Pacific Stocks React to Pushback from Powell on Rate Cuts Stocks in Asia-Pacific React to Another Pushback from Powell on Rate Cuts

Image Source: Yuichiro Chino/Moment via Getty Images Japan (NKY:IND) +0.54%. Japan January Services PMI rose to 53.1 from a previous 51.5. China (SHCOMP) -1.02%. China Caixin Services PMI for January stood at 52.7, down from 52.9 previously. Hong Kong (HSI) -0.11%. The S&P Global Hong Kong SAR PMI fell to 49.9 in January 2024 from ...

Russ Cohen

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The Big Tech Earnings Report: An Investor’s Guide

Highlights from the Earnings Big Tech’s much-anticipated earnings reports have landed and they are nothing less than stellar. Among the standout performers, Microsoft, Alphabet, Amazon, Apple, and Meta Platforms stood out with robust financial performances, driving the market excitement in a dramatic fashion. Microsoft, riding on a remarkable 18% revenue growth and a 33% EPS ...

Russ Cohen

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AI Growth Stocks Poised to Surpass Apple – A Wall Street Perspective The AI Race: Two Stocks Set to Outpace Apple and Enter the $3 Trillion Club

Apple’s ascent to a trillion-dollar valuation once seemed unassailable. It was a beacon of financial prowess, achieving milestones with ease and setting the standard for the future. Yet as of late, Apple has wrestled for the crown, trading places with Microsoft, the current market cap leader hovering at over $3.01 trillion, as Apple sits at ...

Russ Cohen

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Insiders Bet Big on Penny Stocks Insiders Bet Big on Penny Stocks

The Dow Jones index closed lower by more than 300 points on Wednesday. Insiders’ conduct is often seen as a barometer of their belief in a company’s future. Investors considering penny stocks could factor these transactions into their investment decisions. Here are some recent significant insider trades in penny stocks. Explore Benzinga’s insider transactions platform ...

Russ Cohen

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The Illusion of Tokenizing Real World Assets

“Tokenization,” particularly of “real-world assets” (RWAs), has recently been lauded as the next big thing in the crypto world. However, the truth is that this trend is just a reincarnation of security tokens, a term that’s resurfaced after fading in 2018 for good reasons. The proponents of tokenization are eager, but often misinformed. The fault ...

Russ Cohen

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US Pharma Giant Bristol-Myers Squibb Stock Performance Analysis A Close Look Into Bristol-Myers Squibb’s Stock and Financial Health

Bristol-Myers Squibb Company BMY said that its fourth-quarter revenues were $11.48 billion, up 1% Y/Y, beating the consensus of $11.19 billion, primarily due to higher sales of new product portfolio, as well as Eliquis and Opdivo, partially offset by lower sales of Revlimid. U.S. revenues increased by 1% to $8.0 billion primarily due to higher ...