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Russ Cohen

Why Netflix Stock Gained 13% in August

Key Points Netflix’s July earnings report failed to impress the market, and the stock continued to slide. Investors are worried about lower viewer engagement metrics and slowing growth. Netflix stock is trading at its lowest P/E ratio in three years. 10 stocks we like better than Netflix › Netflix (NASDAQ: NFLX) stock jumped 13% in ...

Russ Cohen

Why Kolibri Global Energy Inc. (KGEI) Might be Well Poised for a Surge

Kolibri Global Energy Inc. (KGEI) could be a solid addition to your portfolio given a notable revision in the company’s earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. Analysts’ growing optimism on the earnings prospects of this company is driving estimates higher, which ...

Russ Cohen

Alibaba's Wan 3.0 AI Debut Follows $10.2B Share Sale: What's Ahead?

Alibaba Group BABA rolled out its next-generation AI video model, Wan3.0, a day after closing an HK$80 billion (roughly $10.2 billion) share placement in Hong Kong, the largest primary follow-on offering by a Hong Kong-listed company. Wan3.0, developed by Alibaba’s Tongyi Lab, generates videos up to 30 seconds long, twice the length of its predecessor, ...

Russ Cohen

This $50 Trillion Robot Boom Starts on the Factory Floor

Listen to the audio version of this article (generated by AI). Before we begin, a reminder that our InvestorPlace offices are closed today in honor of Labor Day. If you need help from our Customer Service Department, they’ll be happy to assist you when we reopen tomorrow. Have a wonderful Labor Day! Elon Musk doesn’t ...

Russ Cohen

Elon Musk Predicts SpaceX Will Generate $3.5 Trillion in Revenue by 2033. History Suggests He Will Be Wrong Yet Again.

Key Points SpaceX has businesses in three fast-growing segments: space exploration, connectivity, and artificial intelligence (AI) infrastructure. Despite its diversification and close work with large enterprises, the U.S. government, and AI hyperscalers, SpaceX is only on pace to generate about $45 billion of revenue this year. Musk has a long history of missing his promised ...

Russ Cohen

Why Apple Stock Sank on Friday

Key Points Rumors suggest Apple will soon unveil a new foldable iPhone. Reports suggest the device faces production issues due to Apple’s strict quality standards. Apple is viewed as a premium device maker for a reason. 10 stocks we like better than Apple › Shares of Apple (NASDAQ: AAPL) got bruised on Friday, slipping as ...