In This Article:
Yahoo Finance host Brad Smith tracks today's top moving stocks and biggest market stories in this Market Minute, including Hims & Hers Health (HIMS) seeing a bump higher in its stock price despite disappointing on guidance, SolarEdge Technologies' (SEDG) first quarter earnings beat, and electric vehicle maker Rivian (RIVN) planning to build out a supplier park in Normal, Illinois.
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 are off their session lows as Treasury Secretary Scott Benson says some trade deals could be announced as early as this week. Hims and Hers shares jumping, reversing earlier losses after its sales more than doubled in its first quarter, boosted by a 53% jump in revenue per subscriber. The healthcare company's lackluster second quarter outlook, though, initially sent shares lower. Now, they're up over around 9%. And shares of SolarEdge surging after reporting stronger than expected earnings and its second consecutive quarter of positive free cash flow. The company projecting a 2% hit to its gross margins from tariffs in its second quarter. And Rivian is making another big investment in Illinois. The EV maker building a $120 million supplier park as part of its plan to expand its footprint in the state. This comes as President Trump's tariff policies threaten to increase costs for automakers. That's your Yahoo! Finance Market Minute.