Finance

Palantir, Applied Materials, Deere & more

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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…



Source cnbc.com

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