The logo of U.S. software company Palantir Technologies is seen in Davos, Switzerland Januar 22, 2020.
Arnd Wiegmann | Reuters
Check out the companies making headlines in midday trading.
Applied Materials — Shares of the chipmaker jumped more than 7% after Applied Materials beat estimates during the fourth quarter and issued upbeat comments for the current quarter. “We’ve seen a continued acceleration of demand in our semiconductor business as major macro and industry trends fuel increasing consumption of silicon across a wide range of markets and applications,” Gary Dickerson, president and CEO, said in a statement. The VanEck Vectors Semiconductor ETF gained more than 2%.
Deere — The…