Articles for author: Russ Cohen

Russ Cohen

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High Volume Trading in Invesco RAFI Strategic US ETF High Volume Trading in Invesco RAFI Strategic US ETF

The trading floor was bustling with fervent activity as the Invesco RAFI Strategic US ETF (IUS) encountered an extraordinary surge in volume during Friday’s afternoon session. An astronomical 333,000 shares were exchanged, a seismic departure from the three-month average volume of a mere 55,000. This unprecedented spike in activity propelled the shares of IUS to ...

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Jefferies Recommends Buy Rating for Inspire Medical Systems Stock Jefferies Commends Inspire Medical’s Solid Fundamentals and Initiates Buy Rating

monsitj Jefferies recently initiated coverage of Inspire Medical Systems (NYSE:INSP) with a buy rating, emphasizing the company’s solid fundamentals and the anticipated minimal impact from GLP-1 drugs. The analysts’ note expressed confidence in strong underlying strength, driven by increasing Hypoglossal Nerve Stimulation (HGNS) penetration and awareness. They cited label expansion, progress in reducing pre-surgery diagnostic ...

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Anticipating ServiceNow’s Q4 2023 Earnings Report Anticipating ServiceNow’s Q4 2023 Earnings Report

ServiceNow (NOW) is scheduled to release its fourth-quarter 2023 results on Jan 24. The Zacks Consensus Estimate for fourth-quarter revenues is currently pegged at $2.40 billion, up 23.55% from the figure reported in the year-ago quarter. The consensus mark for fourth-quarter earnings is pegged at $2.77 per share over the past 30 days, indicating growth ...

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World Acceptance Posts Stellar Earnings, Leads Friday’s Positive Trend World Acceptance Posts Stellar Earnings, Leads Friday’s Positive Trend

U.S. stocks traded higher, with the Dow Jones index gaining around 50 points on Friday. Shares of World Acceptance Corporation WRLD soared on Friday following impressive quarterly results. World Acceptance surpassed market estimates, reporting quarterly earnings of $2.84 per share, higher than the expected $1.88 per share. The company’s quarterly sales came in at $137.75 ...

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Warren Buffett’s Top Pick: The Kraft Heinz Co. Warren Buffett’s Top Pick: The Kraft Heinz Co.

The venerable Kraft Heinz Co (KHC) is perched as one of the hallmark constituents of the illustrious Berkshire Hathaway portfolio overseen by the desert bookworm, Warren Buffett. It commands an impressive 3.45% stake, serving gallantly as the seventh largest holding within Berkshire Hathaway’s coffers. Buffett, being bullish, first drank the Kool-Aid in the third quarter ...

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BYD and DJI Unveil World’s First Vehicle-Mounted Drone BYD and DJI Unveil World’s First Vehicle-Mounted Drone

Renowned investor Warren Buffett’s backed Chinese electric vehicle (EV) manufacturer, BYD Co Ltd (BYDDF, BYDDY), has unveiled the world’s first vehicle-mounted drone at its headquarters in Shenzhen. The innovative drone is a result of collaboration with tech company DJI. The pioneering unmanned aircraft system has been integrated into an automotive-grade drone bay and boasts the ...

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Vision Marine’s First Quarter Earnings: Mixed Results Raise Concerns

Source: iQoncept / Shutterstock Vision Marine (NASDAQ:VMAR) released its first-quarter 2024 results, sending mixed signals to investors. Vision Marine surpassed the analyst forecast for earnings per share, reporting 7 cents, contrary to the expected -22 cents. However, the company’s revenue of $722,367 fell short of expectations by 66.56%, missing the analyst estimate of $2.16 million. ...

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Top Retail Stocks to Watch After Strong December Sales Top Retail Stocks to Watch After Strong December Sales

Investors saw a surge in retail sales in December, outpacing expectations and indicating a positive trend in consumer spending. The Department of Commerce reported a 0.6% month-over-month increase, surpassing the estimated 0.5%. This follows a 0.3% rise in November and represents a 5.6% year-over-year increase for December. Furthermore, core retail sales rose 0.4% month over ...

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Insight into First Week of EDU March 15th Options Trading Exploring New Oriental Education & Technology Group Inc (EDU) Options Trading

Investors in New Oriental Education & Technology Group Inc (Symbol: EDU) witnessed the commencement of trading for new options this week, with the March 15th expiration date taking center stage. The advent of these contracts has caught the interest of savvy market players, marking an opportune moment for exploratory trading and investment strategies. Put Contracts ...

Russ Cohen

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Top Semiconductor Stocks to Keep an Eye on in January 2024 Top Semiconductor Stocks to Keep an Eye on in January 2024

The semiconductor sector plays a crucial role in the global tech industry, providing essential components for a wide range of electronic products. From computing and mobile devices to advanced automotive systems and smart appliances, chips are at the heart of it all. The industry is a hotbed of innovation, constantly pushing the boundaries of chip ...