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Yahoo Finance host Madison Mills tracks several of this morning's top market stories in this Market Minute, including PDD Holdings' (PDD) earnings miss, how Department of Government Efficiency (DOGE) cuts are weighing on Accenture (ACN), and Jabil's (JBL) revenue guidance.
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. Stocks moving to the upside, looking to build on Wednesday's post-fed rally. Shares of China's PDD turning positive, shares initially falling after missing earnings expectations. Its profit growth slowing amid weak domestic demand, tough competition, and uncertainty around trade tensions between China and the US. And shares of global consulting firm Accenture under pressure after the company's CEO said that government spending cuts, buying Elon Musk and Doge are hurting the company's sales, saying quote, "During this process, many new procurement actions have slowed, negatively impacting our sales and revenue." An electronics maker, Jabil, rising after topping expectations in its second quarter and lifting its 2025 profit and revenue forecast. The company citing surging demand for AI data center infrastructure as a tailwind. And that is your Yahoo! Finance market minute. For more on what's trending on Yahoo! Finance, scan the QR code to track the best and worst performing stocks of the session.
