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Yahoo Finance host Madison Mills reports on some of this morning's biggest stock moves in this Market Minute.
BYD (BYDDY, 1211.HK) introduced its new ultra-fast EV charging system that can reportedly charge one of its vehicles in just 5 minutes.
Lucid (LCID) stock surges on an upgrade to Hold from Morgan Stanley.
Alphabet (GOOG, GOOGL) is set to buy cybersecurity firm Wiz for $32 billion.
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. Stocks sliding after two consecutive days of gains, as focus turns to the Fed decision tomorrow. Tesla under pressure as Chinese rival BYD unveils an ultra-fast charger that can refill an EV battery in just 5 minutes. That's double the speed of Tesla's fastest V4 Superchargers to roll out this year. Shares of BYD up on that news. Now, Lucid jumping on an upgrade from Morgan Stanley to hold from sell. The analyst, Adam Jonas, citing a couple of tailwinds. One, the ability to capitalize on AI strategy, and two, optimism around Lucid's new CEO. And Alphabet is buying cyber security firm Wiz for $32 billion. That's the tech giant's second attempt at the acquisition, after negotiations fell apart last year, Wiz deciding to pursue an IPO on its own at the time. Now, Wiz will join Google's cloud business when the deal closes. That's your Yahoo! Finance Market Minute. For more on what's trending on Yahoo! Finance, scan the QR code below. Track the stocks of the session.