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ASP Isotopes (ISP) Loses 5% as Exec Unloads Stake

We recently published 10 Big Names Crumbling Before 2026. ASP Isotopes Inc. (NASDAQ:ISP) is one of the worst performers on Tuesday.

ASP Isotopes extended its losing streak to a third day on Tuesday, shedding 5.08 percent to close at $5.42 apiece as investors mirrored a key executive’s disposition of a significant stake in the company.

In a regulatory filing on Monday, ASP Isotopes Inc. (NASDAQ:ISP) said that its chief finance officer, Heather Kiessling, disposed of 80,000 shares at a weighted average price of $5.798 apiece on December 18.

Syda Productions/Shutterstock.com

The executive did not divulge the reason for the sale, which left her with a remaining 732,500 shares.

Further adding to the sentiment was the lack of fresh developments to boost buying.

In its latest announcement earlier this month, ASP Isotopes Inc. (NASDAQ:ISP) said that it successfully obtained all regulatory approval for its planned acquisition of Renergen Ltd. in an all-stock deal.

Under the agreement, ASP Isotopes Inc. (NASDAQ:ISP) would pay Renergen shareholders 0.09196 new ASP Isotopes shares for each unit they own.

Renergen is a public company engaged in the production of liquefied helium (LHe) and liquefied natural gas (LNG), and is funded by the United States government, given helium’s strategic significance.

The two parties believed that their merger would create a global leader in the production of critical and strategically important materials, including electronic gases such as helium, various fluorinated products, and isotopically enriched gases.

While we acknowledge the risk and potential of ISP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ISP and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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