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WMB

Williams Companies (NYSE:WMB) has delivered an average annual return of 15.5% over the past 5 years, outperforming the market by 1.0% annually. A $1000 investment in WMB 5 years ago would be worth $2,005.96 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 5:32 pm

MTRN

Materion shares are experiencing a decline after Seaport Global reduced its price target from $150 to $135.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 5:31 pm

ORC

Orchid Island Capital (NYSE: ORC) has seen a 12.94% decrease in its short percent of float, now at 4.71%. This is lower than its peers' average of 7.14%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 5:30 pm

FUTU

Futu Holdings (NYSE:FUTU) has seen a 3.6% increase in its short percent of float, now at 4.32%. This indicates a bearish sentiment among investors compared to its peers, whose average short interest is 3.28%.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 5:30 pm

EHC

Encompass Health (NYSE:EHC) has seen a 9.03% decrease in its short percent of float, now at 1.31% of available shares. This is lower than its peers' average of 3.94%. The decrease in short interest may indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 5:30 pm

MSFT

NVDA

OpenAI employees might be allowed to sell shares following a $6.6 billion funding round, as stated by the company's CFO. This development could impact companies like Microsoft (MSFT) and Nvidia (NVDA), which have investments or partnerships with OpenAI.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 5:30 pm

USO

OPEC has refuted claims made in a Wall Street Journal report that suggested Saudi Arabia indicated oil prices could drop to $50 if OPEC+ does not adhere to output curbs. OPEC labeled the report as 'wholly inaccurate and misleading.'

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 5:28 pm

SMLP

Summit Midstream shares are trading higher following the announcement of its acquisition of Tall Oak Midstream Operating, LLC and its subsidiaries for $155 million in cash plus common stock.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 5:28 pm

CIEN

Ciena Corporation (NYSE:CIEN) shares rose 6.6% after announcing a $1 billion share repurchase program starting in fiscal 2025 through 2027, reflecting confidence in its business strength and cash generation.

Portfolio Pulse from Dylan Berman

October 02, 2024 | 5:26 pm

NKE

Nike's stock is falling after missing revenue estimates in its first-quarter results, despite beating earnings expectations. The company reported a 10% year-over-year revenue decline and withdrew its full-year guidance amid a CEO transition. Analysts have adjusted their price targets for Nike, reflecting tempered revenue expectations.

Portfolio Pulse from Adam Eckert

October 02, 2024 | 5:23 pm