Hedge Funds Aren’t Done Buying ASML Holding N.V. (ASML)

'Sold!' Auctioneers race to unload oil equipment as U.S. drilling dries up

Fast-talking auctioneer Greg Highsmith sung out dozens of prices - "seventy-five-hundred now, $10,000 now, be able to get 15,000?" - before a North Dakotan buyer paid $27,500 for a used Caterpillar oil swabbing rig on Friday. The rig was one of more than 2,000 lots offered in an online auction of oil, gas and industrial equipment out of North Dakota's Bakken shale region on Friday. The auction market is more active than at any point since the downturn of the 1980s, said Dan Kruse, a San Antonio-based auctioneer and founder of Superior Energy Auctions, which specializes in energy equipment....

Tesla Supplier Launches 1.2-Million-Mile Battery Designed To Last 16 Years

After being in-the-works for long and following several teasers, the wonder battery that boasts of both longevity and efficiency has finally been launched.Delivering On The Promise: Tesla Inc's (NASDAQ: TSLA) supplier Contemporary Amperex Technology Co. Ltd. announced Thursday the launch of a battery that can last for 16 years and about 1.2 million miles, China's National Business Daily reported, citing CATL.CATL shares, which are listed on the Shenzhen stock exchange, closed 4.66% higher in reaction to the launch.Over the weekend, CATL Chairman Zeng Yuqun reportedly hinted at an imminent launch.China mandates that EV manufacturers offer warranties for not less than eight years or 120,000 kilometers. The Tesla Tie-Up: CATL announced in February it has signed a two-year supply agreement with Tesla that will run from July 2020 to June 2022. The volume of purchase was to be decided by Tesla chief Elon Musk depending on the EV pioneers' need, it was...

Buy Chemours Co (CC) Stock for Massive Upside Ahead

Miller Value Partners recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Miller Value Partners Opportunity Equity Fund posted a return of -38.4% for the quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned -19.6% in the same quarter. You should check out Miller […]...