17388

The Face of the AI Revolution Is Still Delivering Results

Investors love seeing the big growth behind the rollout of generative AI. But after two years of rallies in the big-cap stocks, concerns are mounting about whether or not these companies can keep up big growth. While growth is likely to slow, new iterations of technology will likely ensure above average growth continues as new AI programs are developed, data centers are created, and as hardware demand remains robust. That’s why tech giant Nvidia (NVDA) could still have a great year, adding ...
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17389

Insider Activity Report: Simon Property Group (SPG)

12 company directors at Simon Property Group (SPG) recently made their quarterly purchases. The buys ranged from a low of 21 shares, costing $3,540, to 465 shares, coming to a cost of $78,394. These follow up on similar buys from the company directors every three months. The last non-director buy was a 359-share buy from the company CFO for $39,199 back in late 2023. There have been no insider sales over the past two years. Overall, Simon Property Group insiders own ...
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17390

Unusual Option Activity: Alaska Air Group (ALK)

Regional airliner Alaska Air Group (ALK) had a massive return in 2024, with shares rallying over 70%. One trader sees a pullback in the weeks ahead. That’s based on the February $57.50 puts. With 43 days until expiration, 14,825 contracts traded compared to a prior open interest of 145, for a massive 102-fold rise in volume on the trade. The buyer of the puts paid $0.88 to make the bearish bet. Alaska Air Group shares recently traded for about $65.50, so shares ...
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17385

This Oversold Sector May Be Due for a Rebound

While the stock market remains near all-time highs, some sectors have fared much better than others. Tech stocks tend to be big winners in most years, but even within the tech space, a few sub-sectors have fared well compared to others. Quantum computing stocks have soared in recent weeks, thanks to bullish news from that sector. But solar technology stocks have lagged, reflecting concerns over a pullback in subsidies. That concern may be creating a buying opportunity today. Even if solar subsidies ...
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17386

Insider Activity Report: T-Mobile (TMUS)

Andre Almeida, a director at T-Mobile (TMUS), recently bought 3,808 shares. The buy came to a total cost of $897,528, and is an initial stake for the director. This is also the first insider buy over the past two years. Company insiders have been sellers of shares, including the sale of large stake from major holder Deutsche Telekom. Major executives including the CEO and CFO have also been scaling out of their position recently. Overall, T-Mobile insiders still own 59.2% of ...
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17387

Unusual Options Activity: CleanSpark (CLSK)

Bitcoin mining operator CleanSpark (CLSK) is up 11% over the past year, far underperforming the return of bitcoin itself, which more than doubled. One trader sees CLSK staging a rally in the coming weeks. That’s based on the January 31 $17.50 calls. With 23 days until expiration, 5,359 contracts traded compared to a prior open interest of 110, for a 49-fold rise in volume on the trade. The buyer of the calls paid $0.17 to make the bullish bet. CleanSpark shares recently ...
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17379

Wealthy Household Spending Remains High In This Space

Consumer tastes are shifting, and lower-income consumers may have to cut back on big spending this year amid a rise in credit card delinquencies. For higher-income homes, some areas won’t see much of a cutback in spending at all. The most likely place to hold up is with fine dining, even fine at home dining. Upper-income homes continue to spend well on high-end menu items. That bodes well for premium ingredient providers. One such player is Chef’s Warehouse (CHEF), which distributes Read More About This
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17381

Insider Activity Report: Verisign (VRSN)

Berkshire Hathaway (BRK-B), a major holder of Verisign (VRSN), recently added to that stake with three buys over the past month. The buys came to a total cost of just over $89 million, increasing Berkshire’s stake by 4%. This cluster of buys marks the first insider buying at Verisign over the past two years. Going further back, company directors and officers have been sellers of shares on a steady basis. Overall, Verisign insiders own 14.4% of shares. The internet infrastructure company is ...
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