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SPY

USO

The EIA reported a weekly build in distillate stocks of 0.949 million barrels, which is higher than the estimated build of 0.300 million barrels and follows a prior build of 1.534 million barrels.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:30 pm

CI

Cigna (NYSE:CI) has significantly outperformed the market over the past 20 years, delivering an average annual return of 14.76%. A $1000 investment in Cigna 20 years ago would be worth approximately $15,898.76 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 2:30 pm

IEX

IDEX (NYSE:IEX) has outperformed the market over the past 20 years with an average annual return of 11.98%, resulting in a $1000 investment growing to $9,972.45. The company currently has a market capitalization of $14.54 billion.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 2:30 pm

FTAI

FTAI Aviation's short interest has fallen by 18.01%, with 3.58 million shares sold short, representing 3.55% of its float. This is lower than the peer group average of 4.29%. The decrease in short interest may indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 2:30 pm

SPY

USO

USA crude oil inventories saw a draw of 3.728 million barrels, significantly higher than the estimated draw of 1.600 million barrels and the prior draw of 3.436 million barrels.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:30 pm

UBER

Uber Technologies Inc. (NYSE:UBER) reported strong second-quarter financial results, surpassing market expectations with $10.7 billion in revenue and 47 cents earnings per share. The company saw significant growth in Latin America and the Asia Pacific regions and made strides in autonomous vehicle technology through partnerships with Waymo and Waabi. Following the positive results, Uber's stock rebounded by 10%, creating new support at $63.

Portfolio Pulse from Zaheer Anwari

August 07, 2024 | 2:28 pm

OUT

OUTFRONT Media shares are trading higher following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:26 pm

LRN

Stride shares are trading higher after the company reported better-than-expected Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:25 pm

MDGL

Madrigal Pharmaceuticals shares are trading lower following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:22 pm

BL

BlackLine shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 and FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:21 pm