One Surprising Player May Win in the Quantum Computing Space
As a tech trend, quantum computing, a new and innovative way of processing information much more efficiently than traditional models, comes in and out of favor with investors. That hasn’t stopped a number of startup and old companies alike from working in the space.
Yet one company that’s been a recent laggard in tech is now leading the way. And it could lead to a renewed surge in lackluster share prices.
The company is
International Business Machines (IBM). The tech giant best known ...
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International Business Machines (IBM). The tech giant best known ...
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Insider Trading Report: Biglari Holdings (BH)
Sardar Biglari, Chairman & CEO of
Biglari Holdings (BH), recently added 28,966 more shares. The buy increased his stake by 2.25 percent, and came to a total cost of just over $4.62 million. Biglari was the most recent buyer as well with a pickup back in August, before shares traded 40 percent higher. He and other insiders have been active over the past three years, with every transaction involving the pickup of shares. Overall, insiders own 0.5 percent of company shares. Shares ...
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Biglari Holdings (BH), recently added 28,966 more shares. The buy increased his stake by 2.25 percent, and came to a total cost of just over $4.62 million. Biglari was the most recent buyer as well with a pickup back in August, before shares traded 40 percent higher. He and other insiders have been active over the past three years, with every transaction involving the pickup of shares. Overall, insiders own 0.5 percent of company shares. Shares ...
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Unusual Options Activity: American Airlines (AAL)
Shares of passenger carrier
American Airlines (AAL) dropped nearly 9 percent on Friday, following the announcement of a new Covid variant. One trader is betting on a rebound in the months ahead. That’s based on the June $17 calls. With 198 days until expiration, over 4,690 contracts traded, a 31-fold jump in volume from the prior open interest of 150. The buyer of the calls paid $1.19 to do so. Shares last traded around $17.75, meaning the option is already $0.75 in-the-money, an ...
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American Airlines (AAL) dropped nearly 9 percent on Friday, following the announcement of a new Covid variant. One trader is betting on a rebound in the months ahead. That’s based on the June $17 calls. With 198 days until expiration, over 4,690 contracts traded, a 31-fold jump in volume from the prior open interest of 150. The buyer of the calls paid $1.19 to do so. Shares last traded around $17.75, meaning the option is already $0.75 in-the-money, an ...
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Some Old-School Companies May Benefit from the Rise of the Metaverse
The rise of metaverse networks has the potential to reshape how people interact with each other in digital realms. While a number of companies large and small are investing heavily in the space, a number of existing companies could stand to profit from making a partial pivot into the space.
That includes existing media companies, but also hardware companies supplying the key tech to building out the metaverse.
One such player for this potential “Web 3.0” universe is a key builder of ...
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Insider Trading Report: Marathon Petroleum Corp (MPC)
Charles Bunch, a director at
Marathon Petroleum Corp (MPC), recently picked up 1,000 more shares. The buy increased his stake by 3.7 percent, and came to a total purchase price of just under $65,000. This marks the first insider activity since June 2019, when another director bought 12,500 shares. Going back further over the past three years, insiders have generally been buyers, with a few periodic sales from company executives. Company insiders own 0.3 percent of company shares. Shares have surged 56 percent ...
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Marathon Petroleum Corp (MPC), recently picked up 1,000 more shares. The buy increased his stake by 3.7 percent, and came to a total purchase price of just under $65,000. This marks the first insider activity since June 2019, when another director bought 12,500 shares. Going back further over the past three years, insiders have generally been buyers, with a few periodic sales from company executives. Company insiders own 0.3 percent of company shares. Shares have surged 56 percent ...
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Unusual Options Activity: Kaleyra (KLR)
Shares of cloud communications software company
Kaleyra (KLR) have been rangebound over the past few months. However, one trader sees the possibility for shares to move higher in the next few months. That’s based on the May $12.50 calls. With 172 days until expiration, over 7,990 contracts traded compared to a prior open interest of 329, for a 24-fold rise in volume. The buyer of the calls paid $1.180 for the trade. With shares last trading just over $11, the stock would need ...
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Kaleyra (KLR) have been rangebound over the past few months. However, one trader sees the possibility for shares to move higher in the next few months. That’s based on the May $12.50 calls. With 172 days until expiration, over 7,990 contracts traded compared to a prior open interest of 329, for a 24-fold rise in volume. The buyer of the calls paid $1.180 for the trade. With shares last trading just over $11, the stock would need ...
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Memory Chip Stocks Start to Surge – With More Upside Ahead
The semiconductor chip shortage has led to a number of companies both rise and fall over the past few months. Now, memory-related chips are starting to see a strong rally, even holding its own as other tech stocks have dipped in the past few days.
The move higher may continue, as analysts are starting to upgrade these companies on their strong potential in the next few quarters as well.
One potential winner in the space is
Micron (MU). The memory chip maker has ...
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Micron (MU). The memory chip maker has ...
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Insider Trading Report: WeWork (WE)
Sandeep Mathrani, CEO of
WeWork (WE), recently bought 29,600 shares. The buy increased his stake by 1.7 percent, and came to a total price of just over $250,000. This marks the first insider activity since the company went public earlier in the year. Overall, insiders own about 2.3 percent of WeWork, which went public via a special purpose acquisition company, or SPAC in October. The work colocation company was originally set to be one of the largest IPOs a few years back, before ...
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WeWork (WE), recently bought 29,600 shares. The buy increased his stake by 1.7 percent, and came to a total price of just over $250,000. This marks the first insider activity since the company went public earlier in the year. Overall, insiders own about 2.3 percent of WeWork, which went public via a special purpose acquisition company, or SPAC in October. The work colocation company was originally set to be one of the largest IPOs a few years back, before ...
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