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[Markets] Dow Jones Surges Almost 400 Points Following Major Tech Deals Verizon (NYSE: VZ) agreed to acquire Tracfone; Microsoft (NASDAQ: MSFT) and Walmart (NYSE: WMT) lost out to Oracle (NYSE: ORCL) in a deal for TikTok's U.S. operations; and NVIDIA (NASDAQ: NVDA) agreed to acquire ARM Holdings in a move that could threaten Intel (NASDAQ: INTC) in the data center. Wireless carrier Verizon announced on Monday that it had agreed to acquire pre-paid mobile provider Tracfone from Mexican telecommunications giant America Movil (NYSE: AMX). Published:9/14/2020 1:11:06 PM
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