Blog

Russ Cohen

The Best Artificial Intelligence ETF to Invest $100 in Right Now

Artificial intelligence (AI) stocks have skyrocketed over the past couple of years as it became more evident that this top technology could revolutionize everything from how a warehouse operates to how scientists discover drugs. The market is set to reach into the trillions of dollars a few years from now, and certain AI companies already ...

Russ Cohen

Billionaire Stanley Druckenmiller of Duquesne Dumped His Fund's Stake in Nvidia and Has Latched Onto a New Favorite Trillion-Dollar AI Stock

Key Points According to one estimate, artificial intelligence (AI) is a $15.7 trillion global addressable market by the turn of the decade. Quarterly Form 13F filings show that billionaire Stanley Druckenmiller completely exited his fund’s position in Nvidia — and profit-taking might explain only part of the story. Meanwhile, Duquesne’s chief investor has purchased shares ...

Russ Cohen

Brokers Suggest Investing in Workday (WDAY): Read This Before Placing a Bet

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock’s price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let’s see ...

Russ Cohen

LQD, BFRE: Big ETF Outflows

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares iBoxx $ Investment Grade Corporate Bond ETF, where 10,900,000 units were destroyed, or a 4.0% decrease week over week. And on a percentage change basis, the ETF with the biggest ...

Russ Cohen

Did an Outdated Procedure Cause Rivian's 20K R1 Vehicle Recall?

Rivian Automotive, Inc. RIVN, a California-based electric vehicle manufacturer, is recalling 19,641 R1 vehicles that were previously serviced for a rear suspension issue. Per the National Highway Traffic Safety Administration (NHTSA) filing, the prior service may have led to improper reassembly of the rear suspension toe link joint. Rivian will replace the rear toe link ...