Latest news with #JohnHyland
Yahoo
4 days ago
- Business
- Yahoo
Apple Watch blood oxygen, Klarna users, Tapestry stock plunges
Yahoo Finance's John Hyland examines some of the trending stories Wall Street is watching on Thursday as part of the Market Minute. Apple (AAPL) announced it will introduce its redesigned blood oxygen monitoring feature to some Apple Watches after a years-long legal battle. Klarna ( reached 111 million active users and saw a $53 million net loss in the second quarter. Tapestry (TPR) stock plunges after the company warned of tariff impacts and saw weakness in its Kate Spade brand. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. Time for Yahoo! Finance's market minute. U.S. stocks under pressure today as hot PPI data weighs on the outlook for Fed rate cuts come September. Meanwhile, Apple getting a win in its years-long legal battle over its blood oxygen tracker. A new customs ruling will allow for the import of watches with that feature, but users will only be able to view the data on their phone as a workaround. Plus, Klarna, the buy now pay later company, reporting it's reached 111 million active users in the second quarter. Klarna also disclosed a $53 million net loss for the quarter. That's as it puts aside more reserves to cover potential credit losses. And shares of Tapestry fell as much as 18% today, the biggest intraday decline since 2020. The parent company of Kate Spade and Coach warning of the impact of tariffs on profits. The stock had gained about 74% this year through Wednesday's close. And that's your Yahoo! Finance market minute. For more on what's trending on Yahoo! Finance, scan the QR code below to track the best and worst performing stocks of the trading session. Related Videos Tapestry stock sinks: Why Kate Spade needs to catch up to Coach Deere tariff outlook, mortgage rates hit 2025 low, Li downgrade US beef prices could be higher for next two years: JBS global CFO Investors shouldn't 'overreact' to hot PPI data, strategist says Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Instacart falls on Amazon grocery, Oracle job cuts, Bullish IPO
As part of Yahoo Finance's Market Minute, John Hyland outlines some of the top stories investors are watching. Shares of Instacart's parent company, Maplebear (CART), are falling after Amazon (AMZN) announced an expansion to its same-day grocery delivery offerings. Oracle (ORCL) is in focus after reports of job cuts as the company reduces costs to invest in artificial intelligence (AI) infrastructure. Bullish (BLSH) is in focus as the stock is set to begin trading on Wednesday. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. It's time for Yahoo Finance's Market Minute. US stocks trading at record highs today as investors price in a rate cut at the Fed September meeting. Meanwhile, Instacart falling as Amazon announces it's expanding its same-day delivery grocery business in 2300 cities by the end of this year. Same-day grocery delivery is free for Amazon Prime subscribers on orders over $25 in most cities. And new reports say Oracle is cutting jobs in its cloud unit as the company seeks to take steps to control costs amid heavy AI spending infrastructure. Oracle stock is currently trading near an all-time high on momentum in its cloud unit. And crypto company Bullish begins trading today after raising $1.1 billion in an oversubscribed IPO. The company operates a digital asset exchange and owns media outlet Coindesk. At the helm is former New York Stock Exchange President, Tom Farley. And that's your Yahoo Finance Market Minute. For more on what's trending on Yahoo Finance, scan the QR code below to track the best and worst performing stocks of the trading session.
Yahoo
6 days ago
- Business
- Yahoo
Perplexity & Chrome, Intel CEO & Trump, Circle revenue beat
Yahoo Finance's John Hyland tracks today's top moving stocks and biggest market stories in this Market Minute. Artificial intelligence (AI) startup Perplexity ( reportedly made a $34.5 billion bid to buy Alphabet's (GOOG, GOOGL) Google Chrome business, according to the Wall Street Journal. Intel (INTC) stock is trading higher after CEO Lip-Bu Tan's visit to the White House. Circle (CRCL) stock climbs after topping second quarter estimates. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. It's time for Yahoo Finance's market minute. US stocks hitting record highs today after the July CPI report came in line with estimates, boosting bets on Wall Street that the Federal Reserve will have room to cut rates in September. Meanwhile, Perplexity AI making a $34 and a half billion dollar bid for Google's Chrome business, according to the Wall Street Journal. The AI startup is looking to take advantage of uncertainty over Google's pending antitrust ruling as it seeks to challenge the company for search dominance. Now, perplexity has said multiple investors have agreed to finance that deal. And Intel shares rising after President Trump met with its CEO after the White House called for his resignation just last week. The president said he has an amazing story and that cabinet members would continue discussions with him in the coming days. And stable coin issuer Circle rising after reporting its first earnings as a public company. Second quarter adjusted EBITDA and revenue beating both the average analyst estimates. And that's Yahoo Finance's market minute. Scan the QR code below to track the best and worst performing stocks of the trading session. Related Videos Circle CEO Discusses Earnings as Shares Jump Wall Street's lone AMC bull explains why the stock is promising Circle stock rises: CEO talks first earnings report since IPO Mag 7 & AI: Playing for 'big gains' can also mean 'big losses' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-08-2025
- Business
- Yahoo
Eli Lilly setback, Firefly Nasdaq debut, Duolingo skyrockets
Yahoo Finance's John Hyland tracks Thursday's top moving stocks and market movers in this Market Minute. Eli Lilly (LLY) stock plunges after its obesity pill trial data disappointed Wall Street, overshadowing strong quarterly results. Firefly Aerospace (FLY) makes its Nasdaq Composite (^IXIC) debut, raising $868 million in its initial public offering (IPO). Duolingo (DUOL) stock skyrockets after the company boosted its full-year guidance and unveiled a strong third quarter outlook. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. It's time for Yahoo Finance's Market Minute. I'm John Highland. US stocks trading mixed today as President Trump's sweeping tariffs go into effect. Meanwhile, shares of Eli Lilly taking a hit as disappointing data weigh on its shares today. The weight loss pill overshadowed strong growth from the company's current obesity medicine. Lily's results from the obesity pill study, which is key to unlocking billions of dollars in growth, didn't perform as well as Wall Street had expected. Plus, Firefly Aerospace making its trading debut on the Nasdaq today. The company survived bankruptcy and turmoil to develop its own fleet of rockets and successfully land a private spacecraft on the moon. Company's upsized IPO raising $868 million. And Duolingo's shares surging today as it hiked its full-year guidance and issued a strong third-quarter forecast. It's benefiting from artificial intelligence-fueled growth. The company has also expanded beyond language learning with new courses, such as chess. That's your Yahoo Finance Market Minute. For more on what's trending on Yahoo Finance, scan the QR code below to track the best and worst performing stocks of the trading session. Related Videos Crypto stock boost, Toyota guidance cut, Zillow revenue beat DraftKings CEO on Q2, sports-betting tax, prediction markets Constellation Energy stock: Catalysts that could power it higher WBD earnings top estimates, but it's not a buy yet, analyst says Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-08-2025
- Business
- Yahoo
Bond yields drop, Figma's volatility, Palantir-Army deal
Yahoo Finance's John Hyland tracks today's market movers and top stocks in this Market Minute. Bond yields (^TYX, ^TNX, ^FVX) tumble as traders fully price in two Federal Reserve interest rate cuts this year following a weak July jobs report and major downward revisions to prior months. Figma (FIG) shares show volatility after surging 250% on its first full trading day, giving the company a $60 billion market value following an oversubscribed IPO. Palantir (PLTR) secured a potential $10 billion contract with the US Army, consolidating multiple deals into one that will help the Army meet growing demands over the next decade. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. It's time for Yahoo! Finance's Market Minute. US stocks falling today as traders digest the latest tariff updates from the White House and the July jobs report. Treasury yields falling as traders fully price in two Fed rate cuts this year after US jobs added less than expected in July. Short-term yields posting their biggest drop in a year after the report, which also showed downward revisions to June and May payrolls. Meanwhile, Figma shares seeing volatility after closing out a 250% gain in their first full trading day. Current trading gives Figma a market value of $60 billion. The company's IPO was more than 40 times oversubscribed and made billions of dollars for its biggest venture capital backers. And Palantir has inked a contract with the US Army worth of up to $10 billion to meet growing warfare demands over the next decade. The agreement consolidates multiple contracts into a single enterprise deal that allows the military to buy Palantir's products over the next 10 years. That's Yahoo! Finance Market Minute, for more on what's trending on Yahoo! Finance, scan the QR code below. Related Videos Dow falls 600 points, Tesla Europe sales, T. Rowe Price earnings Apple is still 'behind the 8 ball' as its AI push falls behind Exxon, Chevron top Q2 estimates: Key takeaways What Trump's tariff hikes could mean for Apple & Amazon Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
