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Yahoo Finance host Madison Mills tracks today's top moving stocks and biggest market stories in this Market Minute, including Target (TGT) missing first quarter earnings and revenue estimates, XPeng (XPEV) surging on the Chinese EV maker reporting a narrower-than-expected loss in its first quarter, and Baidu (BIDU) reporting strong AI services demand.
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 slipping as investor optimism around the US-China trade truce continues to wane. Retail earnings dominating the conversation today. Target with a lackluster report, net sales missing expectations and a cut to its full year outlook. Target CEO saying tariff-related price hikes are a last resort. This comes after Walmart reported its plans to raise prices. Meantime, shares of Chinese EV maker Xpeng jumping after reporting upbeat revenue and a narrower than expected loss. Investors optimistic the company could be on its way to turning a profit. The company weathering the competitive Chinese market, seeing an all-time high in quarterly EV sales. And shares of Chinese tech giant Baidu rising, actually moving to the downside just a touch. They did top first quarter revenue expectations. Increased AI services demand offsetting losses in its ad business. That's your Yahoo! Finance Market Minute this morning. For more on what's trending, you can scan the QR code below.
