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SPY

UNG

USO

USA gasoline inventories have seen a build of 0.065M, compared to an estimated draw of 0.803M and a prior build of 0.156M.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 2:32 pm

SCHW

A significant amount of unusual options activity has been observed for Charles Schwab (NYSE:SCHW), with a majority of investors taking a bullish stance. Whales have been targeting a price range from $44.0 to $52.5 for Charles Schwab over the last 3 months. The price of SCHW is up 1.29% at $52.71. Barclays, JMP Securities, Piper Sandler, and Morgan Stanley have maintained their ratings on Charles Schwab, with price targets ranging from $55 to $77.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 2:32 pm

SPY

UNG

USO

The Energy Information Administration (EIA) reported a draw of 0.792M in weekly distillates stocks, which is less than the estimated draw of 1.540M and the prior draw of 1.686M.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 2:30 pm

SPY

USO

USA crude oil inventories have seen a build of 0.774M, which is lower than the estimated build of 1.261M and the prior build of 1.371M.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 2:30 pm

SBUX

Starbucks (NASDAQ:SBUX) has outperformed the market over the past 20 years by 5.74% on an annualized basis, producing an average annual return of 12.91%. If an investor had bought $100 of SBUX stock 20 years ago, it would be worth $1,118.97 today.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 2:30 pm

VMW

VMware (NYSE:VMW) has outperformed the market over the past 15 years, producing an average annual return of 12.06%. If an investor had bought $1000 of VMW stock 15 years ago, it would be worth $5,225.01 today. The company currently has a market capitalization of $62.61 billion.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 2:30 pm

SFBS

ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), has announced the appointment of Michael Lindsey as its new Chief Information and Operations Officer. Lindsey brings over three decades of experience in financial services, having held numerous operational positions at BancorpSouth and Equipro Holdings, LLC.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 2:24 pm

SPY

USA Construction Spending for September was reported at 0.4%, in line with estimates, but lower than the 1% reported in the prior month.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 2:01 pm

ADSK

Autodesk (NASDAQ:ADSK) has outperformed the market over the past 10 years, producing an average annual return of 16.76%. If an investor had bought $1000 of ADSK stock 10 years ago, it would be worth $4,700.48 today.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 2:00 pm

BFX

NLS

Nautilus, Inc. has rebranded as BowFlex Inc. (NYSE:BFX), reflecting the company's transformation and focus on home fitness. The rebranding is part of the company's digital transformation strategy, which includes a new visual identity for the BowFlex brand, enhancements to its JRNY adaptive fitness platform, and the introduction of new products. The company has also secured $5 million in additional investments and improved its balance sheet by reducing debt and selling non-core assets, including the Nautilus brand name.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 1:47 pm