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It’s time for Yahoo Finance’s Market Minute.
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Stocks are mixed with the tech heavy Nasdaq struggling to hold on to Monday’s rally.
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It’s getting a little closer. Nvidia and AMD shares are falling on the back of a report from the information claiming that meta is considering using Google’s chips in its data centers in 2027.
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Today’s slide is putting Nvidia stock on track for its worth worst month since 2022.
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And crypto stocks are sinking as Bitcoin struggles to hold on to Monday’s momentum following the brutal sell off that led to over a trillion dollars in value loss for the crypto market.
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Strategy, Coinbase and bullish are all falling.
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Meanwhile, Kohl shares are jumping by over 30% after swinging to a surprise profit in its third quarter and lifting its full-year guidance.
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This comes a day after the company named Michael Bender as its permanent CEO. He will be the fourth person to hold that role since 2018.
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And that is your Yahoo Finance Market Minute.
