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Yahoo Finance anchor Josh Lipton tracks Tuesday’s top moving stocks and biggest market stories in this Market Minute.
Alphabet (GOOG, GOOGL) stock is on track for its best quarter in 20 years.
Oil (CL=F, BZ=F) prices are sliding on reports that OPEC+ is considering an increase in output.
Semtech (SMTC) was upgraded to Outperform from Perform by Oppenheimer.
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. Alphabet stock is on track for its best quarter in 20 years. The tech giant is on track to close the third quarter with a roughly 35% gain since July 1st. This comes as the company also settled a lawsuit with President Trump and agreed to pay the president $24 million over the suspension of his YouTube account.
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Oil sliding as OPEC Plus reportedly likely to consider a larger increase to output for November.
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Rising oil prices seemingly encouraging the group to try to regain more market share. OPEC Plus countries are set to meet on October 5th to discuss production levels.
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And lastly, Semtech getting an upgrade over at Oppenheimer from perform to outperform. The firm highlighting that the company’s active copper cable offerings can win market share.
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That’s your Yahoo Finance market minute. for scanning the QR code below to track the best and worst performing stocks of the trading session.
