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Tesla trades lower, UPS's new tool, Chewy earnings: Market Minute

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Here are some of the stocks on the move Wednesday afternoon.

Tesla (TSLA) shares are snapping a 5-day winning streak.

UPS (UPS) is launching a new global checkout tool that will allow users to see tariff and other costs upfront.

Chewy (CHWY) shares are on the move after posting fourth quarter results that topped Wall Street's estimates.

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

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It's time for Yahoo! Finance's market minute stocks falling after three straight days of gains. The tech heavy NASDAQ right now down over 1%. Tesla is one of the day's biggest losers on track to snap its recent win streak, though. Shares climbed over 20% over the last five days. The EV maker battling several concerns as of late, including falling sales in Europe, tariff risks, and protests around CEO Elon Musk's political involvements. UPS launching a new global checkout service that allows customers shopping online to see all the duties, fees, and taxes on international purchases up front at checkout, so they aren't hit with surprise costs. This is a timely addition amid changing tariff policy, and shares of UPS higher on the news. The stock coming off of its worst day since June 2020. And online pet retailer Chewy pairing back earlier gains. Company beating estimates in its fourth quarter earnings, citing strong active customer growth and loyalty. That's your Yahoo! Finance market minute.