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Russ Cohen

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Netflix’s Success with Ad-Based Plan Netflix’s Success with Ad-Based Plan

Streaming Giant’s Ad-Based Plan Gains Momentum Netflix (NFLX) has reached a new milestone with its ad-based plan, attracting over 23 million monthly active users globally. This substantial growth, revealed by Amy Reinhard, the president of advertising, demonstrates the increasing popularity of the ad-supported tier within the streaming service. Just a little over two months ago, ...

Russ Cohen

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Revolutionary Shift: Hertz to Sell 20,000 EVs from US Fleet, Transitioning to Traditional Cars Revolutionary Shift: Hertz to Sell 20,000 EVs from US Fleet, Transitioning to Traditional Cars

Hertz Global Holdings, Inc HTZ has taken a bold step by choosing to sell roughly 20,000 electric vehicles (EVs) from its U.S. fleet, constituting about one-third of the global EV fleet. The divestiture, which commenced in December 2023 and is scheduled throughout 2024, encompasses a variety of makes and models. Hertz anticipates that this move will provide ...

Russ Cohen

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Goldman Sachs Projections: Russell 2000 to Outshine S&P 500 in 2024

Propelled by the promise of a vote of confidence in small-cap stocks, Goldman Sachs’ equity research team has predicted a rosy future for U.S. small-cap stocks. Based on their latest report to clients, the Russell 2000 small-cap index, tracked by the iShares Russell 2000 ETF IWM is anticipated to see a substantial upswing, with an ...

Russ Cohen

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Apple’s Board Sees Major Shift: Al Gore And James Bell To Retire Apple’s Board Sees Major Shift: Al Gore And James Bell To Retire

Apple Inc. AAPL on Thursday announced that two board members, Al Gore and James Bell, are retiring, while a new nominee, Wanda Austin, has been proposed for election. Apple Announces Retirement of Al Gore and James Bell What Occurred: Apple revealed that former U.S. Vice President Gore, a board member since 2003, and Bell, a ...

Russ Cohen

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Next Media Giants: Top 3 Stocks for High Returns The Next Media Giants: 3 Stocks to Buy for Blockbuster Returns

Discover the potential in 2024 for three prominent media giants. Paramount Global (PARA) Source: viewimage / Shutterstock Paramount Global (NASDAQ:PARA) stands as a prominent media corporation hailed for its TV channels, Filmed Entertainment division (including Paramount Pictures), and Direct-to-Consumer segment featuring Paramount+, among others. While PARA faced negative EPS in its first two quarters of ...

Russ Cohen

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Ford Motor Co. – Evaluating Options for December 2026

New Opportunities for Options Traders Options for Ford Motor Co. (Symbol: F) with a December 2026 expiration began trading recently, offering potential opportunities for sellers of puts or calls. With 1074 days until expiration, these newly trading contracts provide a unique possibility for investors to capitalize on time value and achieve a higher premium compared ...

Russ Cohen

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Turbulence in Electric Vehicle Market Electric Vehicle Stocks Plummet As Hertz Shifts Gear

SimonSkafar Thursday saw electric vehicle stocks take a downwards spiral following a surprising reveal from Hertz Global (HTZ). The car rental titan is set to jettison a third of its electric vehicle fleet in exchange for gasoline-powered cars, citing diminished demand for electric vehicles and escalating repair costs as the rationale for this shocking reversal. ...

Russ Cohen

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Aclaris Therapeutics Suffers a Blow from Mixed Results of Eczema Trial

Overview of the Trial Results Aclaris Therapeutics Inc released topline results from its Phase 2b study of ATI-1777, an investigational topical “soft” JAK 1/3 inhibitor, in patients with mild to severe atopic dermatitis (eczema). The trial met the primary efficacy endpoint, the percent change from baseline in the Eczema Area and Severity Index (EASI) score ...