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Yahoo Finance host Madison Mills tracks today's top moving stocks and biggest market stories in this Market Minute, including Hims & Hers Health's (HIMS) partnership with weight-loss drug manufacturer Novo Nordisk (NVO), SoFi Technologies (SOFI) after reporting first quarter earnings results, and music streamer Spotify's (SPOT) second quarter guidance for monthly active users (MAU).
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It's time for Yahoo! Finance's Market Minute. Stocks seesawing a bit today as investors anticipate an announcement from President Trump around potential easings on auto tariffs. Meantime, shares of health care startup, Hims & Hers, surging on news that's teaming up with Novo Nordisk to offer an affordable option for obesity treatments. Starting now, consumers can bundle a Hims & Hers subscription with any dose of Novo's weight loss drug, Wegovy, for a single price starting at $599 a month. And Shopify posting strong first quarter results and lifting its guidance. The company seeing double-digit growth across all of its business segments. And Spotify issuing a disappointing second quarter outlook. The company guiding for 689 million monthly active users in its second quarter, analysts were expecting 694 million. And that is your Yahoo! Finance Market Minute this morning. For more on what's trending on Yahoo! Finance, you can scan the QR code to track the best and worst performing stocks of this session.