Volume was lower on the Nasdaq exchange while higher on the New York Stock Exchange compared with Monday, in preliminary numbers. On the Nasdaq exchange, falling stocks edged out rising ones by more than 2-to-1. In yet another rotation on the NYSE, winners slightly edged out losers.

Communications chips maker Qorvo (NASDAQ: QRVO) reported Q2 CY2025 results , but sales fell by 7.7% year on year to $818.8 million. On top of that, next quarter’s revenue guidance ($1.03 billion at the midpoint) was surprisingly good and 7% above what analysts were expecting.

Justin Pope has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML, Alphabet, Nvidia, Palantir Technologies, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy.

The Dow Jones Industrial Average erased a small loss to trade near unchanged Monday morning, while the S&P 500 and Nasdaq Composite ticked higher to build on their record finishes from Friday. The Dow was up around 23 points,

Bedding and comfort retailer Purple (NASDAQ:PRPL) in Q2 CY2025, but sales fell by 12.6% year on year to $105.1 million. The company’s full-year revenue guidance of $475 million at the midpoint came in 1.

Palantir is taking the high ground in the artificial intelligence (AI) software revolution. The company has delivered nine consecutive quarters of accelerating revenue and profit growth thanks to its state-of-the-art AI solutions,