Brad Smith outlines some of the top stories on Wall Street in just 60 seconds as part of today's Market Minute.
Micron (MU) stock slides, erasing initial gains following the company's earnings results that beat expectations.
Meta (META) is reportedly poaching top artificial intelligence (AI) talent from the likes of OpenAI (OPAI.PVT) and Alphabet (GOOG, GOOGL), according to reports from The Wall Street Journal.
Novo Nordisk (NVO) announces a weight loss drug partnership with Weight Watchers, just after the pharma giant cut ties with Hims & Hers (HIMS).
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
00:00 Speaker A
It's time for Yahoo! Finance's market minute. Stocks are higher, and the S&P 500 within an arm's reach of a record high. Investors are boosting their rate cut bets, as President Trump considers naming the next Fed chair early, according to the Wall Street Journal. Micron shares turning negative after an initial pop on Q3 earnings. The chipmaker topping expectations and issuing an upbeat forecast driven by demand for its AI equipment. Meta is looking to ramp up its position in the AI arms race, scooping up top talent from OpenAI and Alphabet, according to Wall Street reports. And Meta also getting a big win in an AI copyright case as well. And Novo Nordisk, we're also tracking them, announcing a new partnership with Weight Watchers to sell its weight loss drug, Wegovy, starting July 1st. This comes days after the pharma giant ended its partnership with Hims and Hers over alleged violations of mass compounding laws and deceptive marketing. And that's your Yahoo! Finance Market Minute. Scan the QR code below to track the best and worst performing stocks of the session.
