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Russ Cohen

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Ford’s EV Strategy: A Speed Bump or a Dead End? Ford’s EV Strategy: A Speed Bump or a Dead End?

Investors hopeful for a resurgent Ford Motor Company (NYSE: F) see a potential turnaround from the company’s staggering $4.5 billion in annual electric vehicle (EV) losses. Alas, a recent game-changing decision by Ford raises doubts about the feasibility of realizing that vision within the anticipated timeframe. A Shocking Turn The F-150 Lightning’s sales surge of ...

Russ Cohen

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Ford And GM EV Outlook Amid Worksport Expansion Ford, GM, and Stellantis: A Tale of Shifting EV Sentiments

With Ford Motor scaling back its electric F-150 pickup, Worksport, a tonneau cover producer, makes headlines by defying the EV slow down. The company’s plans to expand its B2B dealer network across the U.S. and Canada, and its presence on major e-commerce platforms like Amazon, eBay, and Walmart, are testament to Worksport’s bold vision. Worksport ...

Russ Cohen

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Analyst Shows Upbeat Outlook as Meta Platforms Receives 22% Price Target Boost Ahead of Q4 Results Analyst Shows Upbeat Outlook as Meta Platforms Receives 22% Price Target Boost Ahead of Q4 Results

Meta Platforms, Inc. META is widely expected to have ended its “year of efficiency” with a flourish, with an analyst at KeyBanc Capital Markets largely upbeat about the fourth-quarter performance. Analyst’s View: With an Overweight rating on Meta shares, Justin Patterson upped his price target by 22% from $380 to $465, reflecting optimism about the ...

Russ Cohen

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X, Meta, TikTok and Snap CEOs Unite for Child Safety Legislation X, Meta, TikTok and Snap CEOs Unite for Child Safety Legislation

Tech Leaders Make Unprecedented Commitments Top tech executives are set to testify at a Senate Judiciary Committee hearing on child safety in social media. They are expected to make unprecedented policy commitments and legislative endorsements, as reported by NBC News. Critical Legislative Endorsements Expected Linda Yaccarino of X, Mark Zuckerberg of Meta, and other CEOs ...

Russ Cohen

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Nasdaq 100 Index: Tesla and Baker Hughes Volatility Strikes Nasdaq 100: Tumultuous Day for Tesla and Baker Hughes

Tesla Tops the Charts Early Tuesday trading saw Tesla leading the charge as the best performing component of the Nasdaq 100 index, with shares rising by 1.0%. Despite this daily surge, Tesla has incurred a substantial year-to-date loss of approximately 22.4% in value. Baker Hughes Dips Conversely, Baker Hughes struggled in early trading, claiming the ...

Russ Cohen

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Starbucks’ Positive Earnings Report Impacts Future Growth Starbucks Corporation maintains confidence in growth outlook and profitability despite challenges

Nadya So/iStock Editorial via Getty Images Starbucks Corporation (NASDAQ:SBUX) clung to its post-earnings surge even after the FQ1 earnings conference call. The Seattle-based company projected full-year revenue growth in the range of +7% to +10%, adjusting prior expectations for the low end of a +10% to +12% range. Full-year global and U.S. comparable sales growth ...

Russ Cohen

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Apple’s Q1 Earnings Forecast: Crucial Measurements for Investors

The Highly Anticipated Earnings Week The upcoming week is pivotal for earnings, as several mega-cap technology companies are set to unveil their quarterly results. The indomitable strength of these mega-cap names continues to command attention, with many anticipating these results to sustain and propel the overall market momentum. Among these companies, the market is particularly ...