From Yahoo Finance: 2025-05-17 12:06:00

Major averages were flat as consumer sentiment data disappointed and housing starts missed estimates. Investors weigh trade tensions as President Trump pushes for tax bill unity. Gold slips, oil slightly up above $60. Charter, Cox to merge; Take-Two, Applied Materials report earnings; Novo Nordisk CEO to step down; Boeing reaches non-prosecution deal.

Oppenheimer upgrades Charter, calls Cox deal positive; Cisco downgraded; Carnival upgraded; SolarEdge downgraded; Astera Labs initiated at neutral. Nvidia avoids sending GPUs to China; Microsoft dodges antitrust fine; Intel argues fine; Citi cuts IT roles in China; Google leads in AI patents.

Dow up 0.02%, Nasdaq down 0.06%, S&P 500 up 0.07% near midday. Stay updated with TheFly for market-moving financial news.

Read more: Charter to combine with Cox, Take-Two reports mixed Q4 results: Morning Buzz