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Josh Lipton outlines some of the day's trending stories on this segment of Market Minute.
Nvidia's (NVDA) shares rise ahead of its earnings report, with options markets anticipating an 8.5% move in either direction.
Meanwhile, hospital health insurance stocks, such as Molina Health (MOH), Centene (CNC), and Community Health (CYH), are falling after budget cuts were passed by the House of Representatives that could impact health programs.
Axon Enterprise (AXON) shares are soaring after the company exceeded earnings expectations for the fourth quarter and offered a positive outlook for the full year.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
This post was written by Josh Lynch
It's time for Yahoo Finance's market minute. The S&P 500 trying to snap a four-day losing streak as the Nasdaq gives up earlier gains with Nvidia's earnings on deck. Nvidia's shares rising as investors await another critical earnings report from the chipmaker. Options markets showing that results could trigger a move of 8.5% in either direction. Returning to the health space, health insurance and hospital stocks taking a hit as the House of Representatives passes a government spending bill. The bill involves budget cuts that are expected to put pressure on federal and state health programs. And lastly, shares of Axon surging as the company beats estimates on the top and bottom lines for the fourth quarter. Axon also providing a better-than-expected profit outlook for the full year. And that's your Yahoo Finance market minute. For more on what's trending on Yahoo Finance, scan the QR code below to track the best and worst performing stocks of the session.