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Yahoo Finance host Julie Hyman tracks today's top moving stocks and biggest market stories in this Market Minute, including Wall Street's close watch on Nvidia (NVDA) ahead of its earnings release after Wednesday's market close, Tempus AI (TEM) shares dropping on a new short report from Spruce Point Capital Management, and Vail Resorts' (MTN) stock boost after bringing its former CEO back on board.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for your Yahoo Finance's market minute. Stocks are moving lower as investors digest the latest earnings reports and await minutes from the Federal Reserve's meeting earlier in May. But Wall Street is mostly waiting for Nvidia's first quarter results after the market close. Investors looking for clues surrounding AI demand more broadly for big tech, and details on how Nvidia plans to navigate continuing curbs on its sales into China. Tempus AI shares slumping following Spruce Point's short report on the company. The short seller saying that owning shares of Tempus is a poor risk reward. Spruce Point claiming the company is run by leaders who have a dubious history and is participating in aggressive and suspicious accounting practices. Shares of Vail Resorts climbing after the company said Chairman Rob Katz would return as CEO. He succeeds Kirsten Lynch, who's stepping down. The stock had fallen by more than 50% during her tenure. And that's your Yahoo Finance market minute for more on what's trending, scan the QR code below.
