In This Article:
US stocks (^GSPC, ^IXIC, ^DJI) slipped late in afternoon trading.
Market Domination host Josh Lipton highlights chipmaker Onsemi’s (ON) decision to terminate its acquisition attempt of Allegro Microsystems (ALGM).
Palantir (PLTR) shares climbed for a second straight day after NATO adopted its Maven smart system. Meanwhile, Applied Digital's (APLD) stock dropped following disappointing third quarter results.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo! Finance's Market Minute. US stocks struggled to rally as investors digest earnings and tariff developments. Chipmaker Onsemi announcing it is terminating its efforts to acquire Allegro Microsystems. Company noting reluctance in Allegro's board of directors to fully engage and explore its proposal. Palantir shares are rising for a second day following NATO's acquisition of its Maven Smart System. Red Bush Securities analyst Dan Ives highlighting Palantir in the sweet spot to benefit from federal spending on AI across North America and Europe. Shares of Applied Digital are sinking as the company's third-quarter results misses estimates. Wall Street also still left with uncertainty on when the company will sign a lease with a hyperscaler. And that's your Yahoo! Finance Market Minute. For more on what's trending on Yahoo! Finance scan the QR code below to track the best and worst performing stocks of the session.
