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Russ Cohen

Vertex Pharmaceuticals (VRTX) Q3 2024 Earnings Call Transcript

Image source: The Motley Fool. Vertex Pharmaceuticals (NASDAQ: VRTX)Q3 2024 Earnings CallNov 04, 2024, 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, and welcome to the Vertex Pharmaceuticals third quarter 2024earnings call All participants will be in a listen-only mode. [Operator instructions] After today’s presentation, there will ...

Russ Cohen

NVIDIA Trading at a Low P/E Multiple: Time to Buy the Stock?

NVIDIA Corporation’s NVDA current valuation suggests that the stock is available at a discounted price compared with the industry average. NVDA stock currently trades at a trailing 12-month price-to-earnings (P/E) ratio of 63.28, which is significantly lower than the Zacks Semiconductor – General industry average of 72.04. Image Source: Zacks Investment Research What makes the ...

Russ Cohen

MGX Investors Have Opportunity to Lead Metagenomi, Inc. Securities Fraud Lawsuit

LOS ANGELES, Oct. 29, 2024 /PRNewswire/ — Glancy Prongay & Murray LLP (“GPM”) announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Metagenomi, Inc. (“Metagenomi” or the “Company”) MGX. Class Period: February 2024 IPOLead Plaintiff Deadline: November 25, 2024 If you wish to serve as lead plaintiff ...

Russ Cohen

Top 3 Defensive Stocks You'll Regret Missing In October

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a ...

Russ Cohen

Jeff Bezos-Backed Perplexity's New AI Election Hub Promises Real-Time Vote Counts And Candidate Summaries — But What About Its Accuracy?

On Friday, Perplexity, an artificial intelligence startup, announced an AI-powered Election Information Hub, promising real-time vote counts and candidate summaries. What Happened: The hub, which will be operational on Election Day, Nov. 5, is designed to provide AI-generated answers to voting queries and summaries of candidates. The live vote count will be based on data from The Associated ...

Russ Cohen

Nvidia (NVDA) to Replace Intel in the Dow Jones Industrial Average

Nvidia (NVDA) is being added to the Dow Jones Industrial Average, replacing rival chipmaker Intel (INTC). The change will occur on November 8, according to S&P Global (SPGI), the company that manages the Dow Jones Industrial Average and is responsible for its composition. Additionally, S&P Global said that paint company Sherwin Williams (SHW) will replace ...

Russ Cohen

2 Tech Stocks You Can Buy and Hold for the Next Decade

Smart investing requires playing the long game. It’s not enough to simply identify a winning stock. To generate significant returns, investors must use time to their advantage. That’s why the buy-and-hold strategy works. By identifying well-run companies and then staying invested in their stocks for many years, anyone can generate impressive returns. With that in ...

Russ Cohen

General Motors (GM) Profit Rises with Tesla (TSLA) Earnings on Tap

General Motors GM delivered strong Q3 results this morning posting stellar growth and raising its full-year profit guidance. Seeing a sharp post-earnings rally, GM shares spiked +9% in today’s trading session with Tesla’s TSLA stock down -0.3% ahead of its Q3 report after-market hours on Wednesday, October 23.   General Motors Q3 Results Fueled by its North ...

Russ Cohen

Alibaba (BABA) Settles Class Action Lawsuit for $433.5M

The Chinese e-commerce giant Alibaba Group (BABA) has reached a $433.5 million settlement to resolve a class action lawsuit filed by shareholders in a Manhattan federal court. The lawsuit accused the Chinese e-commerce giant of engaging in monopolistic practices, specifically by forcing merchants to sell exclusively on its distribution platform. Importantly, the settlement agreement still ...