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MUR

Murphy Oil (NYSE:MUR) has outperformed the market over the past 5 years with an average annual return of 15.82%, resulting in a $1000 investment growing to $2,084.48. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 2:31 pm

AAPL

NVDA

Citi has named Apple as its top AI stock pick, suggesting it may outperform Nvidia in the AI sector. This indicates a potential shift in investor focus from Nvidia to Apple regarding AI advancements.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 2:31 pm

SPY

UNG

The latest data on USA natural gas storage shows an increase of 35 billion cubic feet, matching the prior level and slightly exceeding the estimated 33 billion cubic feet.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 2:30 pm

TCS

The Container Store's shares are trading lower following the company's approval of a 1-for-15 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 2:23 pm

BHAT

Blue Hat shares are trading lower following the announcement of a 1,000-kilogram gold acquisition for $66.49 million.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 2:22 pm

FXY

GLD

NVDA

QQQ

SPY

TLT

USO

UUP

XLK

The U.S. economy showed strong growth with a 3% GDP increase in Q2, boosting the U.S. dollar, oil prices, and tech stocks. Defensive assets like bonds and the yen fell as expectations for large rate cuts eased.

Portfolio Pulse from Piero Cingari

August 29, 2024 | 2:21 pm

DG

Dollar General executives expect increased promotional activity to pressure sales and margins for the rest of the year, as discussed in a recent conference call.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 2:20 pm

TNXP

Tonix Pharmaceuticals shares are trading lower following the presentation of clinical data on TNX-102 SL for acute stress reaction and PTSD prevention, as well as preclinical data on wound healing therapeutics at a military health symposium.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 2:15 pm

PEP

PepsiCo's short interest has decreased by 10.29%, with 16.71 million shares sold short, representing 1.22% of its float. This is lower than the peer group average of 7.16%. The decrease in short interest may indicate a more bullish sentiment towards PepsiCo.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 2:15 pm

AVAV

AeroVironment (NYSE:AVAV) has seen a 10.1% increase in its short percent of float, now at 4.58%, indicating a bearish sentiment compared to its peers with an average of 2.28%. This could signal potential volatility in the stock's price.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 2:15 pm