Yahoo Finance host Julie Hyman tracks today’s top moving stocks and biggest market stories in this Market Minute, including Nvidia (NVDA) shares reaching a new intraday high, Wolfspeed’s (WOLF) stock reaction to exiting Chapter 11 bankruptcy, and Pfizer (PFE) striking a deal with the Trump administration to lower drug prices.
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.
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Stocks are falling as the US heads for a government shutdown. Still, all three major averages are poised to end September with solid monthly gains, bucking seasonality trends.
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Nvidia shares are popping, the stock touching a new intraday high after City forecast that AI CAPEX from 2025 through 2029 would hit $2.8 trillion.
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Shares of chip supplier Wolfspeed soaring as the company exits chapter 11 bankruptcy, reducing its debt by 70% and lowering its annual cash interest expense by about 60%.
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Wolfspeed also issued 1.3 million new shares of its stock, canceling previously issued stock.
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And Pfizer shares are rising as the company reaches a deal with the White House to lower prices on several of its drugs in the US using a direct-to-consumer website dubbed Trump RX.
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And that’s your Yahoo Finance Market Minute. Scan the QR code below to track the best and worst performing stocks of the session.
