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Yahoo Finance host Brad Smith tracks today's top moving stocks and biggest market stories in this Market Minute, including Bill Ackman's investment firm, Pershing Square, increasing its stake in Howard Hughes Holdings (HHH), Tyson Foods (TSN) missing revenue estimates as its meat categories see quarterly declines, and Advanced Micro Devices (AMD) is scheduled to release first quarter earnings on Tuesday, May 6.
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 mixed, potentially on pace to break their winning streak as Treasury Secretary Scott Beson says trade negotiations are not always a pleasant process. Shares of Howard Hughes holdings rising as Bill Ackman's Pershing Square agrees to invest nearly a billion dollars in the real estate company. The deal gives Pershing Square a 47% stake in Howard Hughes. Tyson Foods delivering a mixed quarter with sales missing estimates, while adjusted earnings, yeah, they beat. Higher volumes in the company's chicken business overshadowed by declines in beef, pork, prepared foods and its international unit. And shares of AMD rising ahead of the chip maker's earnings. Investors will be watching for any signs of headwinds from trade policy and the incoming US curbs on chip exports. In mid-April, AMD warned in an ICC filing that the chip curbs could cost the country eight and the company $800 million in fees if it's not granted a license. That's your Yahoo Finance market minute. For more on what's trending on Yahoo Finance, scan the QR code below.
