In This Article:
Julie Hyman provides an overview of the top stories of the trading day in just 60 seconds on Yahoo Finance's Market Minute.
Merck & Company (MRK) warns investors that it expects a $200 million hit from tariffs.
Hasbro (HAS) stock is soaring after reporting a first quarter earnings beat.
Comcast (CMCSA) stock sinks after reporting a larger-than-expected loss in broadband customers.
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. The tech rally resumes as stocks rise for a third day in a row with earning season in full swing. Merck though reducing its full-year profit outlook as a result of the impact of tariffs. The company expecting a $200 million hit from already announced tariffs in 2025. The company saying the most significant of which relate to China. Yet, Merck did top earnings and sales estimates for the first quarter. Hasbro shares surging after surpassing earnings expectations for the first quarter driven by its gaming unit. Hasbro also progressing towards its $1 billion cost savings goal, targeting 175 to $225 million in gross savings this year. And Comcast shares sliding after reporting wider than expected first quarter losses of pay TV and broadband customers, the result signaling growing competition from streaming and wireless providers. And that's your Yahoo! Finance market minute. For more on what's trending, scan the QR code below.
