In This Article:
Stocks (^GSPC, ^IXIC, ^DJI) rose as President Trump took a softer tone on Fed Chairman Jerome Powell and China tariffs.
Enphase Energy (ENPH) shares sank after missing first quarter earnings and revenue expectations, while Duolingo (DUOL) rallied on a bullish $435 price target from Morgan Stanley.
Intuitive Surgical (ISRG) trimmed its full-year gross margin outlook, pointing to tariff-related pressure.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for your Yahoo! Finance's Market Minute. Stocks rising as President Trump softens his stance on Jay Powell and China tariffs. Enphase shares sinking as the company's guidance disappoints Wall Street. The solar equipment maker also missed earnings and revenue estimates for the first quarter. Plus, Morgan Stanley downgrading the stock to underweight from equal weight. Duolingo shares rising as it gains bullish sentiment on Wall Street. Morgan Stanley initiating coverage on the stock with an overweight rating and a street high price target of $435. Morgan Stanley noting optimism on user growth and strong margins. Intuitive Surgical slashing its gross profit margin forecast for the full year. The robotic surgery company citing the impact from tariffs. However, Truist noting the new outlook is better than feared. 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 session.
