In This Article:
Here are some of the stories moving markets on Wednesday, April 2.
Amazon (AMZN) made a last-minute bid to try to acquire all of TikTok, according to a New York Times report.
Shares of BlackBerry (BB) are falling after issuing disappointing first quarter and full-year revenue guidance.
Petco (WOOF) stock is jumping after it was revealed its CEO bought about 1.6 million shares.
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. Markets recovering ahead of President Trump's expected remarks on tariffs. On reports that Elon Musk could be stepping back from his role in the administration. Meantime, Amazon reportedly putting in a last-minute bid to purchase all of TikTok, according to the New York Times. This comes as TikTok parent company ByteDance approaches that April 5th deadline to either sell TikTok to a non-Chinese buyer or face a ban in the US. And Blackberry shares under some pressure, the company's first quarter and full year revenue outlook falling short of Wall Street's expectations. Shares fell as much as 24% on Wednesday, the biggest intraday drop since February of 2021. And lastly, shares of Petco surging after the CEO purchased about 1.5 million shares of the company for $4.7 million. According to an SEC filing. 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 stocks of this session.
