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USO

The EIA reported a build of 0.379 million barrels in distillate stocks, contrary to the expected draw of 0.100 million barrels and the previous draw of 0.045 million barrels.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 2:31 pm

SPY

USO

USA crude oil inventories saw a build of 1.825 million barrels, contrary to the expected draw of 2.400 million barrels and the prior draw of 2.508 million barrels. This unexpected increase in crude oil inventories could impact oil prices and related assets.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 2:30 pm

SPY

UNG

The latest report on USA gasoline inventories shows a draw of 0.945 million barrels, which is less than the expected draw of 1.600 million barrels and the prior draw of 0.235 million barrels.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 2:30 pm

BSX

Boston Scientific (NYSE:BSX) has significantly outperformed the market over the past 10 years, delivering an average annual return of 19.33%. A $100 investment in BSX 10 years ago would be worth $585.68 today.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 2:30 pm

CB

Chubb (NYSE:CB) has outperformed the market over the past 15 years with an average annual return of 13.67%, surpassing the market by 1.18% annually. A $1000 investment in Chubb 15 years ago would be worth $6,939.04 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 2:30 pm

SPY

UNG

USA gasoline inventories saw a build of 1.825 million barrels, contrary to the expected draw of 1.600 million barrels. This is a significant change from the previous draw of 0.235 million barrels.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 2:30 pm

ADI

BE

BNTX

BRC

CRNX

CSIQ

CVAC

DQ

FLNC

FSLR

IGMS

LOAR

MRNA

NVAX

SPWR

TJX

VIPS

WOOF

WSM

Analog Devices, Inc. (NASDAQ: ADI) posted strong earnings, beating market estimates, which led to a 6% surge in its stock price. Other notable gainers include IGM Biosciences, Petco Health and Wellness, CureVac, Daqo New Energy, Bloom Energy, SunPower, Novavax, Canadian Solar, Brady Corporation, Loar Holdings, First Solar, Fluence Energy, The TJX Companies, BioNTech, Vipshop Holdings, Moderna, Crinetics Pharmaceuticals, and Williams-Sonoma.

Portfolio Pulse from Avi Kapoor

May 22, 2024 | 2:22 pm

KBDC

Kayne Anderson BDC's IPO shares opened for trade at $16.25 per share, below the IPO price of $16.63 per share on 6 million shares.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 2:22 pm

ADI

Analog Devices, Inc. (NASDAQ: ADI) reported fiscal Q2 2024 results, beating analyst estimates despite a 34% YoY revenue decline. The company expects a cyclical recovery and growth in AI investments.

Portfolio Pulse from Anusuya Lahiri

May 22, 2024 | 2:21 pm

DOGEUSD

PEPEUSD

SHIBUSD

Crypto trader Altcoin Sherpa is optimistic about Pepe (PEPE), citing its strong volume and good liquidity as key factors for potential price upside. Although he does not believe PEPE will surpass Dogecoin (DOGE), he anticipates relative gains. Another trader, Plazma, noted that PEPE is doing significantly more volume than Shiba Inu (SHIB) and Dogecoin. PEPE's total volume across exchanges is $4.5 billion, and it has seen a 100% monthly gain.

Portfolio Pulse from Khyathi Dalal

May 22, 2024 | 2:20 pm