Stocks struggle as Broadcom offers to buy Qualcomm

Stocks are struggling to extend its record highs this morning. Meanwhile, investors are focused on a major merger in the chip sector, as President Trump continues his tour of Asia. Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer, Jared Blikre, Melody Hahm, Daniel Roberts, Ethan Wolff-Mann and Myles Udland discuss the big stories of the day.

Today’s topics:

• 26 people dead after Texas shooting

• ‘Paradise Papers’ leak put the spotlight on Commerce Secretary Wilbur Ross

• Broadcom offers to buy Qualcomm

• New York Fed President Bill Dudley to retire

• Saudi Crown Prince Mohammed Bin Salman arrests 11 princes

• Apple, Twitter, Citigroup among secret holdings of Saudi Prince Alwaleed

• Sprint and T-Mobile end merger talks

• Sales top estimates for CVS

• Mylan shares fall after earnings report

• Michael Kors raises outlook

• Amazon slashed prices on third-party sellers

• Netflix scam steals credit card info

• Mojiit taps Rob Gronkowski

TWITTER POLL:
Which platform do you think is best to sell items online?
-Amazon
-eBay
-Facebook Marketplace
-Craigslist