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DJT stock pops, AMD rises, Ford tariff risks: Market Minute

In This Article:

Brad Smith takes a closer look at the top stories as part of today's Market Minute.

Trump Media & Technology Group (DJT) stock gains as US President Trump tells markets to "be cool," saying it's "a great time to buy."

Advanced Micro Devices (AMD) gains amid a broader tech rally despite TD Cowen analysts cutting the company's price target to $100 from $135.

Bernstein analysts downgrade Ford (F) to Sell from Hold, citing the impact of tariffs.

Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.

00:00 Speaker A

It's time for Yahoo! Finance's market minute. Stocks are whipsawing as Treasury yields spike. The escalating trade war fueling market volatility. Shares of Trump Media and Technology Group jumping as President Trump posts on Truth Social to quote, "Be cool, everything is going to work out well." End quote. Trump writing moments later, quote, "This is a great time to buy." exclamation point, end quote. TD Cowen cutting its price target on AMD to $100 a share from $135. The analyst citing company-specific issues along with broader negative sentiment in the chip space and amid escalating trade tensions. This coming just a day after KeyBank downgraded AMD shares and shares of the chip maker are rising with the broader tech rally. And Ford getting a downgrade from Bernstein to a sell rating from hold. The analyst saying tariffs will lead to quote, "significant downside" and that markets haven't priced in yet. That's your Yahoo! Finance market minute. For more, watch trending on Yahoo! Finance. Scan the QR code below to track the best and worst performing stocks of the session.