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Brad Smith outlines the top stories on Wall Street as part of Yahoo Finance's Market Minute.
Vertiv Holdings (VRT) stock is soaring after the company reported first quarter earnings that beat Wall Street estimates and increased its full-year guidance, signaling strong artificial intelligence (AI) demand.
The US Department of Justice is looking into Disney's (DIS) deal with fuboTV (FUBO) for possible antitrust concerns.
Novavax (NVAX) stock surges after the US Food and Drug Administration (FDA) requested COVID vaccine data from the company, which could signal that FDA approval is incoming.
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 holding onto gains as Treasury Secretary Scott Benson comments on trade talks saying the US is very close to a deal with India. Shares of Vertiv Holdings, the company that makes cooling equipment for data centers soaring after it topped Wall Street's estimates in its first quarter and lifted its full-year guidance. Vertiv saying AI-driven demand remains strong. The Justice Department is probing Disney's deal to take a controlling stake in FuboTV according to Bloomberg. Antitrust officials are looking into whether the merger will limit competition in the sports streaming space. And Novavax shares jumping on news the FDA is asking for more data on its COVID vaccine, signaling it could be close to approval. This comes as Health Secretary RFK Jr. has questioned the efficacy of the vaccine. 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.