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Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenuHere are some of the companies making headlines in midday trading. Energy companies – Shares of energy companies jumped as West Texas Intermediate crude futures surged above $100 a barrel on rising tensions in the Middle East. Oilfield services company SLB jumped more than 7%, while Halliburton added 6%. APA Corp and Diamondback Energy climbed roughly 5%, and Chevron gained more than 2%. Cybersecurity plays – Shares of cybersecurity companies looked to end the week on a high note after U.S. security agencies warned about vulnerabilities to PHP, the programming language used to build large portions of the Internet. CrowdStrike and Palo Alto Networks gained about 6% each, while the Global X Cybersecurity ETF (BUG) traded 4% higher Friday. CrowdStrike and Palo Alto are on pace for weekly jumps of more than 10%. Discount retailers – Dollar Tree and Five Below were among the discount retailers dropping after Wells Fargo warned that higher diesel prices could squeeze profits through the second half of this year and in 2027. Dollar Tree, Dollar General and Ollie’s Bargain Outlet were all down more than 5%, while Five Below fell about 2%. SK Hynix – U.S. traded shares of the semiconductor company jumped more than 4% after SK Hynix suspended its plans for a stateside debut of its Solidigm memory business. American Express – The financial services company lost more than 3% after announcing it would slash about 5% of its global workforce and incur a $336 million restructuring charge. Norwegian Cruise Line – The cruise operator fell more than 3% on the back of a downgrade to underweight from JPMorgan. The firm also cut its price target to $11 from $13 and raised its fuel expense assumption for the third quarter to about $207 million. SS & C Technologies – The software provider with a focus on financial services companies shared fourth-quarter revenue guidance that disappointed Wall Street. SS & C sees revenue for the period in a range of $1.7 billion to $1.74 billion, while the FactSet consensus called for $1.75 billion. Shares were last down more than 6%. Deckers – Shares of the shoemaker are down 4% after it reported fiscal second quarter earnings late Thursday that missed analyst expectations. Revenue for the period was $1.43 billion compared to the $1.51 billion Wall Street was expecting, per LSEG. Revenue from top brands Hoka and Ugg missed StreetAccount consensus expectations. Telecom stocks – Shares of AT & T and T-Mobile fell more than 5% each, while Verizon decreased 1% on a Bloomberg News report that SpaceX is in private talks to lease 80,000 cell towers. SpaceX is attempting to build the fourth nationwide wireless carrier by combining its Starlink direct-to-device network with ground infrastructure, Bloomberg reported, citing people familiar with discussions. Cell tower owners Crown Castle jumped about 10% and American Tower popped 3%. Crown Castle is one of the companies involved in the talks, Bloomberg said. SpaceX — Shares of the Elon Musk space and AI company were also getting a boost from an upgrade on Wall Street. PhillipCapital double upgraded the shares to buy from sell, raising its price target to $250 from $75, citing surprising gains for its AI business. The new price target represents roughly 73% upside from Thursday’s close. SpaceX was last up almost 2%. Bloom Energy – Shares are down about 12% after the energy technology solutions provider for data centers reported third quarter earnings late Thursday. Despite beating on the top and bottom lines and raising its full-year 2026 earnings per share guidance, investors focused on Bloom Energy’s reported negative free cash flow for the quarter. CNBC’s Nick Wells and Darla Mercado contributed reporting.