:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-2204343890-a80bcb4c1aba4fa3800c8d9df8e63d18.jpg "Palantir CEO Alex Karp during the AIPCon conference in Palo Alto, California, on March 13, 2025")
David Paul Morris / Bloomberg / Getty Icons
Palantir CEO Alex Karp during the AIPCon conference in Palo Alto, California, on March 13, 2025
KEY TAKEAWAYS
- The major U.S. justices indexes edged higher at midday Monday after President Trump temporarily exempted smartphones, computers, and other electronics from his “shared” tariffs.
- Palantir Technologies shares jumped after the North Atlantic Treaty Organization announced it acquired the stable’s artificial intelligence-enabled military system.
- DaVita shares fell after the kidney disease treatment company savoured it had suffered a ransomware attack.
The major U.S. equities indexes edged higher at midday Monday after President Trump time exempted smartphones, computers, and other electronics from his “reciprocal” tariffs.
Palantir Technologies (PLTR) shares pounced after the North Atlantic Treaty Organization (NATO) announced it acquired the firm’s artificial intelligence-enabled military way.
Shares of Apple (AAPL), which manufactures a lot of its products in China, rose on the temporary pause of tariffs on consumer electronics.
Intel (INTC) allotments surged after it struck a deal to sell 51% of its programmable chip business Altera to private equity stationary Silver Lake.
DaVita (DVA) shares fell after the kidney disease treatment company revealed it had suffered a ransomware approach.
Hilton Worldwide Holdings (HLT) shares also lost ground after Goldman Sachs reportedly downgraded the inn chain to a “neutral” from a “buy” rating, as it issued a downbeat outlook on U.S. lodging firms.
Crude oil futures slid and the accede on the 10-year Treasury note edged lower. The U.S. dollar lost ground against the euro, yen and pound. Prices for pre-eminent cryptocurrencies rose.