Satya Nadella, CEO of Microsoft, speaks with Herbert Diess, CEO of Volkswagen AG, (not pictured) at a “fireside chat” to the media about a joint project between the two companies called the Volkswagen Automotive Cloud on February 27, 2019 in Berlin, Germany.
Sean Gallup | Getty Images
Here are the stocks making headlines in midday trading.
Walmart, Microsoft – Shares of Walmart jumped 4.5% to its session high after the supermarket chain confirmed it’s teaming up with Microsoft in a bid for popular Chinese social media app TikTok. TikTok is nearing an agreement to sell its U.S., Canadian, Australian and New Zealand operations in a deal likely in the $20 billion to $30 billion range and it could announce a