Articles for category: Market News

Russ Cohen

SoundHound’s Bottom Is In—Inflection and 50% Upside Ahead?

’s stock price hit bottom earlier this year and is on track to reverse. While persistent issues like cash burn remain, the company appears to be gaining traction and has a significant acquisition ahead. The Acquisition LivePerson is a conversational cloud AI platform whose business is driven by a messaging platform, enabling brands to converse ...

Russ Cohen

Is Intuitive Surgical a Buy-the-Dip Stock Right Now?

Despite a $160 billion market cap and a 556% return over the last decade, may still fly under the radar for many investors. That said, shares are down about 25% from their highs and have fallen almost 15% over the past year. The company develops technologies that help physicians perform minimally invasive procedures worldwide. Its ...

Russ Cohen

Is Costco Preparing Another Special Dividend This Year?

It’s hard to think about dividends with the S&P 500 making new highs every day, but isn’t offering your typical quarterly dividend. The company has a history of paying special dividends to shareholders, which are typically announced without warning during an earnings report. Why the Next Costco Special Dividend Could Come Later This Year Costco ...

Russ Cohen

Dow Jones Rises as US NFP Beats, Middle East Stays in Focus

US stocks are holding onto gains after a stronger-than-expected US report, and as investors continue to monitor developments in the US – Iran war. US Futures 0.36%, 0.44%, and 0.65% In Europe -0.28% and -1% U.S. stocks are heading towards more record highs NFP records 115k jobs added in April, unemployment holds at 4.3% Chip ...

Russ Cohen

S&P 500 Faces Late-Stage Rally Risk as Elliott Wave Signals Align

Since April 1, we have tracked a potential rebound within the April 18–28 window, using a blend of Elliott Wave analysis, market breadth, and seasonality. Our initial upside target was $6,800–6,900, based on a typical 61.8%–76.4% Fibonacci retracement of the prior decline and nearby support/resistance. When the index surged above that zone in early April, ...

Russ Cohen

Whirlpool Dividend Cut Reflects Pressure From Tariffs and Weak Demand

Whirlpool eliminates its dividend and cut its forecast citing tariffs, inflation, and debt. Higher Prices Coming The Wall Street Journal reports Whirlpool’s Stock Drops 20% as Company Warns Higher Prices Are Coming For much of America, the Iran war has meant pain at the pump. For it has caused what it calls a “recession-level industry decline,” ...

Russ Cohen

Coinbase Valuation Depends on Lower Costs as Trading Volumes Fall

In Coinbase crypto news today, the exchange confirmed on Tuesday, May 5, 2026, that it will eliminate approximately 700 positions, roughly 14% of its global workforce, as CEO Brian Armstrong cited rapid advances in artificial intelligence as justification for moving to smaller, more automated teams, with the exchange also absorbing a sustained decline in retail ...