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Yahoo Finance host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute, including Uber's (UBER) partnership with Chinese robotaxi company Pony AI (PONY) in the Middle East, EVgo's (EVGO) stock boost from earnings, and Vertex Pharmaceuticals (VRTX) shares taking a hit after missing earnings estimates.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for your Yahoo! Finance's Market Minute. Uber is partnering with Chinese robotaxi startup Pony.ai to deploy autonomous vehicles on its platform. They launch the Middle East later this year and roll out more international units in the future. An electric vehicle charging company EVgo topped Wall Street's expectations in its first quarter. Company's network throughput jumped 60% year over year. EVgo is facing political headwinds with House Speaker Mike Johnson saying lawmakers are likely to kill the EV tax credit. Plus, Vertex Pharmaceuticals missing expectations, sending shares sharply lower. Company disclosing limited access to its non-opioid painkiller. Some analysts expressing concerns that negotiations with insurance payers aren't going as quickly as anticipated. And 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.