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Stock Prices

XPEV

XPeng Inc. (NYSE:XPEV) shares are rising due to the announcement of its mass-market brand, Mona, offering models under $17,000. The Mona M03 electric coupe will have a base price of $16,812 with a 515 km range. Deliveries for the advanced Max version are expected after Lunar New Year 2025.

Portfolio Pulse from Nabaparna Bhattacharya

August 27, 2024 | 5:13 pm

ICON

Icon Energy shares rose following Maxim Group's initiation of coverage with a Buy rating and a $7 price target.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 5:11 pm

XOM

Exxon Mobil is planning to sell its conventional oil and gas assets in the Permian Basin for approximately $1 billion. This move is part of Exxon's strategy to focus on more lucrative shale operations in the region.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 5:09 pm

XOM

Exxon Mobil Corp (NYSE:XOM) is facing a resistance level at $119.75, where sell-offs have occurred since May. This resistance is due to a concentration of sell orders, causing the stock to reverse and head lower each time it reaches this level. The resistance may persist due to buyer's remorse, leading to potential future sell-offs.

Portfolio Pulse from Mark Putrino

August 27, 2024 | 5:04 pm

DPZ

Domino's Pizza (NYSE:DPZ) has seen a rise in its short interest, now at 5.74% of its float, indicating increased bearish sentiment. However, this is still below the peer group average of 9.83%.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 5:00 pm

SPOT

Spotify Technology (NYSE:SPOT) has outperformed the market over the past 5 years with an average annual return of 20.67%, resulting in a significant growth in investment value. A $1000 investment in SPOT 5 years ago would now be worth $2,529.38.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 5:00 pm

MTSI

MACOM Technology Solutions (NYSE:MTSI) has seen a 4.08% decrease in its short percent of float, now at 7.05%. This is higher than its peers' average of 4.12%. It would take traders 6.38 days to cover short positions. A decrease in short interest can indicate a more bullish sentiment.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 5:00 pm

CRH

CRH (NYSE:CRH) has significantly outperformed the market over the past 5 years, with an annualized return of 21.24%. A $1000 investment in CRH 5 years ago would now be worth $2,619.10, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 5:00 pm

OBLG

Oblong's short interest has decreased by 60.64%, with 102,000 shares sold short, representing 0.37% of its float. This is lower than its peers' average short interest of 2.49%. A decrease in short interest can indicate a more bullish sentiment.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 5:00 pm

CCL

CRUZ

NBCC

Carnival Corporation (NYSE:CCL) announced new itineraries for 2026 and 2027, including exclusive destinations and new ships. The company also signed a deal for three LNG-powered ships. CCL shares rose 3.55% recently and 10% over the past year. Investors can access CCL via ETFs like CRUZ and NBCC.

Portfolio Pulse from Lekha Gupta

August 27, 2024 | 4:57 pm