Financial Insights That Matter
00:00 Speaker A
It’s time for Yahoo! Finance’s market minute. Stocks are jumping on hopes that President Trump is softening his tariff approach. Tech stocks leading a lot of this morning’s gains. You’ve got Meta, Nvidia, and AMD getting a boost from those tariff hopes, as well as a new AI breakthrough from Jack Ma’s Ant Group. Crypto-related stocks Coinbase, Strategy, and Robinhood jumping as Bitcoin climbs amid the broader market rally this morning. The token marching toward that $90,000 level once again, as spot Bitcoin ETFs have snapped their five-week outflow streak last week, that’s according to CoinShares. And Super Micro Computer downgraded this morning from Goldman Sachs. The analysts cutting SMCI to sell from neutral, trimming the price target as well to $32 down from $40, citing downgrade risks to valuation, competition, and gross margins. And that’s your Yahoo! Finance market minute. For more on what’s trending on Yahoo! Finance, scan the QR code to track the best and worst performing stocks of the session.
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