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Russ Cohen

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Mark Zuckerberg Defends Apple Critique and Dismisses Comparisons Mark Zuckerberg Defends Apple Critique and Dismisses Comparisons

Meta Platforms Inc. META CEO Mark Zuckerberg rejects comparisons of his critique of the Apple Vision Pro to former Microsoft Corp. CEO Steve Ballmer’s dismissal of the iPhone. What Happened: Zuckerberg defended his critique of Apple’s $3,500 Vision Pro against backlash from Apple enthusiasts, on the Morning Brew Daily podcast. Zuckerberg also dismissed any parallels ...

Russ Cohen

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The Evolving EV Market: Promising Stocks Set to Thrive The Evolving EV Market: Promising Stocks Set to Thrive

Amid a struggle in the electric vehicle (EV) stock market, largely due to soaring interest rates, renowned companies like Tesla (NASDAQ:TSLA) have faced significant challenges. At the year’s start, Tesla nosedived from approximately $265 to a low of $175. This downturn transpired after the company cautioned of considerably slower growth than the 39% increase in ...

Russ Cohen

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Eating at home could get cheaper this summer Consumers May Enjoy Cheaper Home Dining This Summer

skynesher/E+ via Getty Images Inflation-weary consumers received discouraging news with the January CPI report. The index rose by a greater-than-expected 0.3% in January, with the food category posting a gain of 0.4%. The food-away-from-home category saw a 0.5% increase, while the food-at-home (FAH) category experienced a 0.4% gain. Year-over-year, these two categories were up 5.1% ...

Russ Cohen

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Analysis: Oversold Tech and Telecom Stocks Prime for a Rebound Analysis: Oversold Tech and Telecom Stocks Prime for a Rebound

The tides of the market are constantly shifting, uncovering companies that may have been forgotten or dismissed. A select cohort of corporations within the communication services sector now appears to be in a prime position for a resurgence. These stocks, previously overlooked, have plummeted so dramatically that they now present a tantalizing opportunity for those ...

Russ Cohen

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Super Micro Computer: A Promising Future Amidst AI Market Explosion Super Micro Computer: A Promising Future Amidst AI Market Explosion

Super Micro Computer Inc SMCI has emerged as a primary beneficiary of the artificial intelligence (AI) market explosion. The San Jose, California-based company is poised to attain robust revenue growth in the coming years, primarily attributed to the burgeoning demand in the AI sector, as per BofA Securities. The Super Micro Computer Analyst’s View: BofA ...

Russ Cohen

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Bitcoin’s $1-Trillion Valuation, Nvidia Surpasses Tech Giants, and Inflation Affects Stock Market: A Weekly Roundup Bitcoin’s $1-Trillion Valuation, Nvidia Surpasses Tech Giants, and Inflation Affects Stock Market: A Weekly Roundup

Bitcoin BTC/USD skyrocketed past $50,000 this week, propelling its market valuation to an astronomical $1 trillion just a month after the Securities and Exchange Commission approved the first spot Bitcoin exchange-traded fund. In a similar trend, Nvidia Corp. NVDA, the semiconductor giant riding the artificial intelligence wave, surpassed both Amazon.com Inc. AMZN and Alphabet AMZN, ...

Russ Cohen

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Three Standout Earnings Season Winners Three Earnings Season Champions Continue to Soar: Is It Still Prime Time to Join In?

As the Q4 earnings season gradually comes to a close, it has been marked by a series of delightful surprises, propelling key indexes to unprecedented highs. However, within this positive trend, a select group of companies—beyond the typical ‘magnificent 7’—have outshined and demand closer scrutiny. These companies are Palantir (NYSE:), Arm Holdings ADR (NASDAQ:), and ...

Russ Cohen

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Image Credit: da-kuk Nvidia’s recent strategic investments in artificial intelligence-related companies, including voice AI recognition firm SoundHound AI, could mark the beginning of a significant growth trajectory for the semiconductor giant, according to Wedbush Securities. “We view this move as a positive indicator for the company as this investment now further solidifies the company’s brand ...

Russ Cohen

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Yelp Reports Q4 Results, Joins Roku, Dropbox And Other Big Stocks Moving Lower In Friday’s Pre-Market Session Yelp’s Fourth Quarter Report Ruffles Feathers in Pre-Market Trading

U.S. stock futures were mixed this morning, with the Nasdaq futures trading higher by around 100 points on Friday. Shares of Yelp Inc. YELP fell sharply in today’s pre-market trading after the company reported mixed fourth-quarter financial results. Yelp reported quarterly earnings of 37 cents per share which missed the analyst consensus estimate of 38 ...

Russ Cohen

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Stock Market Final Trades: Disney, Progressive, Leidos, and More Stock Market Final Trades: Disney, Progressive, Leidos, and More

On CNBC’s “Halftime Report Final Trades,” Steve Weiss of Short Hills Capital Partners lauded Leidos Holdings, Inc. (LDOS) as still cheap with new management, touting it as a strong investment opportunity. Leidos reported a remarkable year-over-year revenue growth of 8% to $3.98 billion, surpassing the consensus of $3.80 billion. Additionally, it clocked an adjusted EPS ...