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Marvell dives, Alibaba's new AI model, Macy's: Market Minute

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On today's Market Minute, Yahoo Finance anchor Josh Lipton outlines the top stories on Wall Street.

Marvell Technology (MRVL) shares plunge on the chipmaker's weak outlook as investors weigh artificial intelligence (AI) demand sustainability.

Alibaba (BABA) announces QwQ-32B, a new AI reasoning model, that the company says rivals DeepSeek's AI model and outperforms OpenAI's lower-cost model.

Macy's (M) stock is in focus following the company's earnings print, adding to the large number of major retailers issuing weak guidance.

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

This post was written by Naomi Buchanan.