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Tesla, Apple's DEI vote, bitcoin declines: Market Minute

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Yahoo Finance Anchor Seana Smith outlines what investors need to know mid-trading session in today's Market Minute.

Tesla (TSLA) stock tumbles on weak European sales data, sending the electric vehicle (EV) maker's market capitalization below $1 trillion and leading the "Magnificient Seven" into correction territory.

At Apple's (AAPL) annual shareholder meeting, investors voted to maintain the iPhone maker's diversity, equity, and inclusion (DEI) initiatives amid political pressure from the Trump administration.

Bitcoin (BTC-USD) hit its lowest point in three months, dragging crypto stocks like Coinbase (COIN), Riot (RIOT), and MARA Holdings (MARA) lower.

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

This post was written by Naomi Buchanan.

00:00 Speaker A

We're two hours into the trading day. It's time for Yahoo Finance's market minute. Stocks struggling so far today. The S&P 500 on track for its fourth down day in a row, the major average hitting its lowest level since mid-January. The Nasdaq is off just over 1%. The Dow, though, barely holding on to gains. Tesla leading the mag 7 declines as market cap falling below a trillion dollars. New sales data out of Europe showing that sales there declined 45% in January. Apple shareholders voting to keep the company's DEI programs, rejecting a proposal that would have scrapped those efforts. The company conducting the vote as part of its annual shareholder meeting. And crypto stocks falling as Bitcoin hits its lowest level in three months now well below $90,000. Bitcoin is down roughly 7% in 2025 so far this year. You're looking at a huge decline today as well as some of those crypto stocks. Well, 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.