Articles for category: Most Popular

Russ Cohen

Most Popular

Insiders Bet Big on Penny Stocks Insiders Bet Big on Penny Stocks

The Dow Jones index closed lower by more than 300 points on Wednesday. Insiders’ conduct is often seen as a barometer of their belief in a company’s future. Investors considering penny stocks could factor these transactions into their investment decisions. Here are some recent significant insider trades in penny stocks. Explore Benzinga’s insider transactions platform ...

Russ Cohen

Most Popular

The Illusion of Tokenizing Real World Assets

“Tokenization,” particularly of “real-world assets” (RWAs), has recently been lauded as the next big thing in the crypto world. However, the truth is that this trend is just a reincarnation of security tokens, a term that’s resurfaced after fading in 2018 for good reasons. The proponents of tokenization are eager, but often misinformed. The fault ...

Russ Cohen

Most Popular

US Pharma Giant Bristol-Myers Squibb Stock Performance Analysis A Close Look Into Bristol-Myers Squibb’s Stock and Financial Health

Bristol-Myers Squibb Company BMY said that its fourth-quarter revenues were $11.48 billion, up 1% Y/Y, beating the consensus of $11.19 billion, primarily due to higher sales of new product portfolio, as well as Eliquis and Opdivo, partially offset by lower sales of Revlimid. U.S. revenues increased by 1% to $8.0 billion primarily due to higher ...

Russ Cohen

Most Popular

Insight Into Nvidia Stock Amidst the Tech Surge Why Nvidia Stock Emerged Victorious in the Tech Rally Today

Shares of the AI chip leader Nvidia (NASDAQ: NVDA) stood out amidst the tech crowd today, riding high on the positive wave generated by tech giants Meta Platforms (NASDAQ: META) and Amazon (NASDAQ: AMZN). Both of these tech behemoths, who are major customers of Nvidia, experienced substantial surges, reinforcing Nvidia’s position as they make significant ...

Russ Cohen

Most Popular

Assessing the Recent Alphabet Stock Downturn and Its Potential Value Assessing the Recent Alphabet Stock Downturn and Its Potential Value

Alphabet (GOOG, GOOGL) stock has stumbled following the release of lackluster results for Q4, with its free cash flow (FCF) taking a significant hit due to rising capital expenditures. Despite this, there could still be an opportunity for investors to capitalize on undervalued shares of GOOGL. Current estimates suggest a value of at least $170 ...

Russ Cohen

Most Popular

Meta Platforms Inc. Sees 16% Surge in Shares Pre-Market Meta Platforms Inc. Sees 16% Surge in Shares Pre-Market

Shares of Meta Platforms, Inc. (META) rose sharply in today’s pre-market trading as the company reported upbeat fourth-quarter financial results and initiated a quarterly dividend of 50 cents per share. The company also announced a $50 billion increase to its share repurchase authorization. Meta shares climbed 16.5% to $460.02 in pre-market trading. Here are some ...

Russ Cohen

Most Popular

A Look into the Financial Outlook of Blackstone, Zimmer Biomet, and a Major Retailer

Jason Snipe’s Confidence in Blackstone Inc. On CNBC’s “Halftime Report Final Trades,” Jason Snipe of Odyssey Capital Advisors expressed his favor for Blackstone Inc. despite the firm’s mixed fourth-quarter 2023 results. Blackstone reported adjusted revenues of $2.54 billion, which fell short of the consensus of $2.57 billion. Additionally, distributable earnings (DE) rose 4% Y/Y to ...

Russ Cohen

Most Popular

Anticipated Quarterly Earnings Releases Anticipated Quarterly Earnings Releases

Anticipation Builds for Upcoming Quarterly Releases The ongoing earnings season continues to deliver compelling insights into the financial standing of top market performers. This week, the limelight falls on mega-cap technology companies, who have, for the most part, been warmly received by investors post-earnings. Looking forward, the upcoming week promises an engaging flurry of earnings ...