16372

The Next-Generation of this Technology Could Power a Golden Age

Several key technologies have come to the forefront over the past few years. That includes electric vehicles, which reduce dependence on fossil fuels and lower carbon emissions. And artificial intelligence technology could be as transformative as the internet, if not more. Both of these technologies require electricity. Lots of it. And investors are starting to move into utility stocks as a play on the higher power demand likely in the years ahead. But one energy source looks best placed for this rising ...
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16374

Insider Activity Report: Credit Acceptance Corporation (CACC)

Prescott General Partners LLC, a major holder of Credit Acceptance Corporation (CACC), recently added 4,000 shares. The buy increased the LLC’s stake by less than 1%, and came to a total cost of $1,784,530. This marks the first insider buy at the company in over two years. Several company executives, including the COO and General Counsel, have been sellers of shares this year. Nearly all insider sales by executives have come following the exercise of stock options. Overall, Credit Acceptance insiders ...
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16376

Unusual Options Activity: Antero Resources (AR)

Oil and gas exploration company Antero Resources (AR) is up 19% over the past year, lagging the overall market. One trader sees the potential for shares to move higher into the middle of next year. That’s based on the June 2025 $35 calls. With 267 days until expiration, 5,048 contracts traded compared to a prior open interest of 141, for a 36-fold rise in volume on the trade. The buyer of the calls paid $1.86 to make the bullish bet. Antero shares ...
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16367

This Cash-Generating Giant Could Still Push Higher

For nearly two years, AI has been the word that’s helped push many tech companies higher, particularly large-cap companies. That’s because those firms have been at the forefront of AI spending. For large enough companies, spending a few billion to build out AI is no big deal. While the market is shifting towards other parts of the AI story, many big-tech companies can still trend higher for a more fundamental reason. They generate massive amounts of cash. If that money isn’t being ...
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16368

Insider Activity Report: Casey’s General Stores (CASY)

Mike Spanos, a director at Casey’s General Stores (CASY) recently bought 267 shares. The buy increased his position by 11%, and came to a total cost of $100,440. Spanos was the last insider to buy shares, with a 725 share buy back in January, at a total cost of $199,687. Otherwise, company insiders have been sellers of shares. That includes a $5 million sale from the company CEO, who reduced his stake by 15%. The company COO also sold. Overall, Casey’s ...
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16370

Unusual Options Activity: Core Scientific (CORZ)

Digital asset mining services company Core Scientific (CORZ) is up 248% over the past year, and shares are near their 52-week highs. One trader sees further gains in the days ahead. That’s based on the October 11 $13 calls. With 16 days until expiration, 9,989 contracts traded compared to a prior open interest of 129, for a 77-fold rise in volume on the trade. The buyer of the calls paid $0.55 to make the bullish bet. Core Scientific shares recently traded for ...
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16362

The Construction and Manufacturing Boom May Get a Shot in the Arm

Lower interest rates mean it costs less for companies to borrow. And that it’s easier for them to expand operations. That’s why the market has taken off as it’s clear that companies will look to leverage up as the cost to borrow goes down. Combining that with sectors that are seeing increased spending could make for a winning investment strategy in the months ahead. With a construction, manufacturing, and infrastructure boom underway, a few possible winners look likely. One contender for a ...
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16363

Insider Activity Report: Jefferies Financial Group (JEF)

Sumitomo Mitsui Financial Group, a board member of Jefferies Financial Group (JEF), recently opened a new position in the company with a 9,247,081 share buy. The cost of the buy came to $551,773,323. Jefferies insiders have been sellers of shares this year, with the company CEO selling 1.5 million shares back in April for over $65 million. And the company CFO sold over 280,000 shares in May, netting nearly $13 million. Going further back, another major holder was a seller in ...
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