Here are the companies Yahoo Finance is watching today.
Broadcom (AVGO) is reportedly in advanced talks to buy struggling security software company Symantec (SYMC). Bloomberg reports there's no deal yet, and the purchase price hasn't been revealed. A memo to Broadcom investors said, “Symantec is fresh off a MAJOR earnings warning and the departure of its CEO in May.”
Google's (GOOG, GOOGL) autonomous driving platform Waymo has gotten the okay to carry passengers in California. It's a pilot program, and a driver has to be behind the wheel. However, it's another step forward for the tests. Three other companies are also piloting self-driving cars in the state.
The grounding of those 737 Max jets is now making it tougher to get from Dallas to Oakland. American Airlines (AAL) has canceled direct flights between the two cities, noting that it needs the planes it had been flying for other routes. American is the first airline to cancel a route because it can no longer fly the 737 max.
Samsung just finished a new design of the Galaxy Fold. The tech giant completed the redesign of the folding phone after experiencing screen failures that forced its delay, according to Bloomberg. There’s no word yet on when the smartphone will be up for sale, but the company is now in the final stages of producing it.
Sony's (SNE) “Spider-Man: Far From Home” swings into theaters nationwide today. Analysts’ spidey-senses say it could make $125 million domestically in the first six days. The last Spider-Man film, “Spider-Man: Homecoming” came out July 7, 2017 and made $117 million in its opening weekend domestically.