Stocks that could win big if oil prices continue to slide include Advanced Micro Devices and Datadog , according to Jefferies. West Texas Intermediate crude oil prices have already taken a leg lower this year, down from around $80 per barrel in mid-January to around $68 today. Several factors have contributed to the weakness, including…
Check out the companies making the biggest moves midday: Hershey — The candy company slid more than 3% following news that Wendy’s CEO Kirk Tanner will take the helm at Hershey , effective Aug. 18. He will replace Michele Buck, who has been with the company for the past two decades and has spent eight…
Check out some of the stocks making the largest moves in midday trading: Solar stocks — Companies tied to renewable energy rose in midmorning trading as President Donald Trump’s megabill crept closer to passage before a White House July 4 deadline. While the measure has no new carveouts for clean energy, earlier this week the…
Check out the companies making headlines in premarket trading: Synopsys , Cadence Design Systems — Shares of the Silicon Valley chip designers rallied more than 5% and 6%, respectively. The U.S. government lifted restrictions on exporting chip-design software to China, according to announcements from companies in the industry. Datadog — The cloud monitoring provider surged…
