Oklo moves higher, American Eagle pulls guidance, Reddit surges

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Yahoo Finance host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute, including Oklo Inc. (OKLO) posting a narrower-than-expected loss for the nuclear energy developer's first quarter, clothing retailer American Eagle Outfitters (AEO) withdrawing its 2025 guidance, and shares of social media platform Reddit (RDDT) surging ahead in Wednesday's session.

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

00:00 Speaker A

It's time for Yahoo! Finance's market minute. US stocks hovering near the flat line, as investors debate the state of play on tariffs. Nasdaq edging higher as Nvidia and AMD lead chip gains. Oaklow shares surging as the company reports a narrower than expected loss in the quarter. Uh Oaklow reporting operating loss and net loss lower than Wall Street's expectations. Company also naming Pat Schweiger as its first chief technology officer. American Eagle shares are under pressure after withdrawing its fiscal year 2025 guidance, the retailer citing macroeconomic uncertainty. American Eagle also reporting preliminary first quarter results showing a decline in comparable sales. And Reddit shares are surging, catching a massive bid in today's trade. The move higher driven by seemingly no news catalyst, displaying a meme-like move amid a risk-on sentiment in the market. And that's your Yahoo! Finance market minute. For more what's trending on Yahoo! Finance, scan the QR code below to track the best and worst performing stocks.