In This Article:
Yahoo Finance anchor Brad Smith recaps some of the top stories of the day, including 23andMe's (ME) bankruptcy filing, BYD's (BYDDY) big sales number, and the rise in Intuitive Machines (LUNR) shares.
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It's time for Yahoo! Finance's market minute. Stocks jumping to start the week. The tech heavy Nasdaq leading gains on hopes for a more dialed back approach to tariffs. 23andMe filing for bankruptcy and announcing the resignation of its CEO, Anne Wojcicki. Demand stalling for the DNA testing company as it failed to grow beyond its core premise. The shares are down about 50% today. Chinese EV maker BYD jumping as its sales topped the $100 billion mark, beating Tesla to the punch. This coming after BYD unveiled super fast chargers that can power an EV in just 5 minutes. We're seeing Tesla moving higher as well along with the broader market. And shares of space exploration company, Intuitive Machines, soaring after the company said it expects to generate positive EBITDA in 2026. These claims offsetting a weaker than expected outlook. Intuitive Machines down 60% year to date. 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 session.
