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Russ Cohen

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Alibaba’s Logistic Expansion in the United States Alibaba’s Logistic Expansion in the United States

Alibaba’s BABA logistics arm Cainiao announced the launch of a “consolidated shipping” service in the United States, bolstering its overseas logistics offerings. The cross-border service packages multiple shopping orders from various Chinese e-commerce platforms and delivers them to U.S. customers via air and sea transport routes, reducing delivery times to as little as five days. ...

Russ Cohen

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AMD Expands Portfolio With Cutting-Edge Radeon & Ryzen Products AMD Expands Portfolio With Cutting-Edge Radeon & Ryzen Products

AMD Unleashes Radeon RX 7600 XT Graphics Card Advanced Micro Devices (AMD) is revving up its gaming lineup with the grand debut of the much-anticipated Radeon RX 7600 XT graphics card. Packed with 16GB of high-speed GDDR6 memory, the new graphics card is engineered to support next-generation AI and content creation workloads. Set to amplify ...

Russ Cohen

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The AI-Infused Ascent: How Advanced Micro Devices, Super Micro Computer, and Palantir Surged Between 127% and 246% in 2023

AI technology stocks, including Nvidia (NASDAQ: NVDA), performed exceptionally well in 2023. Three “Nvidia-adjacent” companies – AI accelerator competitor Advanced Micro Devices (NASDAQ: AMD), server-maker partner Super Micro Computer (NASDAQ: SMCI), and big data software platform Palantir (NYSE: PLTR) – each delivered remarkable gains of 127.6%, 246.2%, and 167.4%, respectively, according to data from S&P ...

Russ Cohen

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Dow Slides, Nasdaq Soars; Cutera Shares Surge

U.S. stocks were a mixed bag in late trades today, with the Nasdaq Composite making a surprising rally. The Dow took a hit, down 0.53% to 37,484.13, while the NASDAQ climbed 0.15% to 14,866.50. The S&P 500 slid 0.17% to 4,755.48.   Sector Standouts   Information technology shares showed a 0.3% uptick today, while energy ...

Russ Cohen

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Cramer’s Positive Take on Major Healthcare Stock Cramer’s Positive Take on Major Healthcare Stock

On CNBC’s “Mad Money Lightning Round,” Jim Cramer expressed his favor for Realty Income O, emphasizing its steadiness. When asked about ImmunoGen, Inc. IMGN, Cramer pointed out that it is now under AbbVie’s ABBV ownership. Regarding Ramaco Resources, Inc. METC, Cramer advised against purchase, noting, “Let it go up without me.” Don’t forget to check ...

Russ Cohen

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Meta Platforms Inc. Faces Employee Backlash Over Alleged Suppression of Pro-Palestinian Content Meta Platforms Inc. Faces Employee Backlash Over Alleged Suppression of Pro-Palestinian Content

An employee at Meta Platforms Inc. META has accused the company of putting her under investigation after she allegedly complained about the “censorship” of pro-Palestinian content, igniting a public dispute. Public Outcry A data scientist at Meta’s New York office publicly voiced her concerns in an Instagram video, saying that she has rallied support from ...

Russ Cohen

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Ferguson’s Strategic Acquisitions Bolster Expansion Efforts Ferguson’s Strategic Acquisitions Bolster Expansion Efforts

Strong Boost to Revenue and Market Presence Ferguson Plc, trading as FERG on the New York Stock Exchange, has recently made significant strides in expanding its business portfolio through the definitive purchase agreements to acquire Yorkwest Plumbing Supply and Grove Supply. The company’s acquisition of Harway Appliances has also been successfully concluded, forming a crucial ...

Russ Cohen

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Investment Insights: Microsoft’s Stock & Potential Microsoft’s Stock: A Strategic Buy?

Microsoft‘s journey over the last decade has been nothing short of remarkable, with a staggering 920% surge in its stock value since 2014. The tech behemoth has diversified its portfolio, firmly establishing itself in cloud computing, video games, artificial intelligence (AI), and consumer products. Now could be the time to consider why Microsoft’s stock is ...

Russ Cohen

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Warner Bros. Discovery’s Comedy Series Bookie on Max Warner Bros. Discovery Reinforces Streaming Content with Max’s Renewed Comedy Series Bookie

Warner Bros. Discovery’s WBD proprietary streaming platform, Max, is ramping up its portfolio of content to cater to a wide range of viewer preferences. Max represents an enhanced iteration of WBD’s HBO Max, offering an extensive mix of HBO Max content and real-world shows across multiple genres. Despite a 6.4% return in the past three ...

Russ Cohen

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New Territory: The Ford Saga of Electric Vehicle Losses and Long-Term Gains

Ford Motor Company (NYSE: F) recently disclosed its fourth-quarter sales data, paving the way for its fourth-quarter and full-year 2023 results. The revelation of record-breaking electric vehicle (EV) sales is accompanied by substantial losses in the near term, presenting a conundrum for investors. However, despite the apparent setback, here’s why Ford’s foray into the EV ...