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Stocks to Watch: Datadog, Synopsys, Tripadvisor

Stocks to Watch: Datadog, Synopsys, Tripadvisor

↗️ Datadog (DDOG): The company, which makes monitoring and analytics programs, is set to join the S&P 500 on July 9, replacing Juniper Networks, which was acquired by Hewlett Packard Enterprise. Shares jumped more than 10% premarket.
↗️ Synopsys (SNPS), Cadence Design (CDNS), Siemens (XE:SIE): The U.S. has lifted some curbs on exports of chip-design software to China, said all three companies, which are among the world's top developers of the technology. Shares in Synopsys and Cadence advanced over 5% premarket, while Siemens added more than 1% in Germany.
↗️ Tripadvisor (TRIP): Activist investor Starboard Value has built an over 9% stake in the online travel-review company, The Wall Street Journal reported. Shares advanced more than 4% in thin premarket trading.
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Inside the Fed's Quiet Signal on Where Rates Might Be Heading
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Inside the Fed's Quiet Signal on Where Rates Might Be Heading

The Fed researchers' latest deep dive: they're using LIBOR and SOFR derivatives to plot out the odds of the fed funds rate sliding back to zero. Think of it like reading tea leaves in the marketsby turning those contracts into daily probability curves, they can see how expectations and uncertainty shape the risk of hitting the zero lower bound (ZLB) again. Here's the scoop: on May 27, the market still put about a 9% chance on rates being back at zero seven years out. If everyone's betting on higher rates, that number fallsmakes sense. But bump up the uncertainty, and poof, the ZLB odds tick right back up. It's a pattern we saw around 2018, too. Why should you care? Because if rates ever do hit zero, the Fed's usual rate-cut toolkit is gone, and they have to lean on big, unconventional movesthink QE reboot. Even though rate forecasts are healthy now, plenty of wiggle room in those forecasts means we can't discount another ZLB run. Oh, and just so you know where the market stands today: the U.S. 7-year note yield recently popped up to about 4.16%. That's the backdrop to all these probability playshigher yields, higher expectations, but still a nontrivial chance that zero is back on the table down the road. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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