Alexandra Canal of Yahoo Finance summarizes the biggest movers on Monday.

AMD (AMD): The chipmaker’s shares rose about 2% early Monday after the company announced plans to acquire hyperscale solutions provider ZT Systems in a $4.9 billion deal.

The deal comes as AMD looks to expand its AI infrastructure to compete with market leader Nvidia (NVDA). AMD shares are up just over 2% year-to-date, while Nvidia shares are up about 150%. Nvidia is set to report second-quarter results next week.

Palantir (PLTR): Data analytics company Palantir was in the spotlight on Monday after co-founder and CEO Alex Karp participated in an in-depth profile by The New York Times. In the interview, Karp, who largely stays out of the spotlight, defended his military partnerships, discussed his political views and laid out Palantir’s origin story and his relationship with co-founder Peter Thiel.

Palantir has recently been criticized for its collaboration with the military and U.S. Immigration and Customs Enforcement (ICE). In particular, the company does not do business with China, Russia or other countries that openly oppose Western ideologies.

fuboTV (FUBO): Shares of sports streamer fuboTV rose another 30% on Monday following a ruling on Friday that temporarily blocked the launch of Venu Sports, the upcoming sports streaming service from Disney’s ESPN (DIS), Warner Bros. Discovery (WBD) and Fox (FOXA).

U.S. District Judge Margaret Garnett found in her ruling that the creation of the joint venture would “substantially lessen competition and restrain trade.” In addition, it would ensure “a rapid exodus of a large number of Fubo subscribers” and that “Fubo’s bankruptcy and the cancellation of the company’s stock are likely to soon follow. These are fundamental harms that money cannot adequately repair.”

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