-RXT +21% (AMD signs definitive agreement with Rackspace for initial 30 MW AMD-based compute deployment; approves workforce realignment impacting about 15% of global workforce)
-CAMP +13% (JPMorgan Chase and Co Raised CAMP to Overweight from Neutral, price target: $9)
-WDC +5.8% (memory and storage strength)
-OLN +5.7% (Olin and Huntsman to combine in a $13B all-stock merger of equals)
-STI +5.3% (announces AI-assisted design and manufacturing tech of bipolar solid-state batteries for vehicles, infrastructure)
Doug Kass is a world-renowned hedge fund manager with decades of experience and success navigating through some of the most turbulent periods in market history. He is known for his time-tested analytical skills and ability to look past the current noise and herd mentality.
On TheStreet Pro, Kass provides frequent market commentary and investing ideas for active investors throughout each trading day in Doug’s Daily Diary. He also serves as president of Seabreeze Partners Management Inc. Previously, he served as a senior manager at Omega Advisors, a $6 billion investment partnership. He co-authored a book with Ralph Nader and the Center for the Study of Responsive Law called “Citibank: The Ralph Nader Report” and can be found as a guest host on CNBC's "Squawk Box."
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