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It’s time for Yahoo Finance’s Market Minute. Gap is stepping into the beauty arena. The retailer announcing its strategic expansion with plans for a phased launch, starting with an initial test and learn expression at Old Navy later this fall.
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This will include 150 Old Navy stores featuring a curated assortment of beauty and personal care products. In 2026, the company plans to see to scale its Old Navy beauty business.
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Nvidia may be facing rising competition with Google’s AI chips known as Tensor processing units. Bank of America noting that the Alphabet owned company has potential to grow TPU units sharply next year.
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The note followed a report from The Information that Google has approached small cloud providers about hosting its AI chips in their data centers. DA Davidson writing that Alphabet could unleash significant value if it started selling TPUs as a business.
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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.
