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Datadog Jumps; FedEx Upgraded; Synopsys Gains

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Manage episode 492369428 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

On this episode of Stock Movers:
- Software company Datadog (DDOG) will be added to the S&P 500 index next week, replacing Juniper Networks Inc. after its recent acquisition by Hewlett Packard Enterprise Co.
- FedEx (FDX) is double-upgraded to outperform at BNP Paribas Exane, with the broker saying the stock is “arguably oversold,” expecting the firm’s relative operational outperformance vs. rival UPS to continue. UPS is meanwhile upgraded to neutral from underperform.
- Synopsys (SNPS) and Cadence Design both gain 6.1% in premarket trading after the US lifted export license requirements for chip design software sales in China, clearing the way for the companies to resume services in the world’s second-biggest economy.

See omnystudio.com/listener for privacy information.

  continue reading

535 episodes

Artwork
iconShare
 
Manage episode 492369428 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

On this episode of Stock Movers:
- Software company Datadog (DDOG) will be added to the S&P 500 index next week, replacing Juniper Networks Inc. after its recent acquisition by Hewlett Packard Enterprise Co.
- FedEx (FDX) is double-upgraded to outperform at BNP Paribas Exane, with the broker saying the stock is “arguably oversold,” expecting the firm’s relative operational outperformance vs. rival UPS to continue. UPS is meanwhile upgraded to neutral from underperform.
- Synopsys (SNPS) and Cadence Design both gain 6.1% in premarket trading after the US lifted export license requirements for chip design software sales in China, clearing the way for the companies to resume services in the world’s second-biggest economy.

See omnystudio.com/listener for privacy information.

  continue reading

535 episodes

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