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It’s time for Yahoo Finance’s market minute. US stocks diverge as the Department of Justice drops its criminal investigation into Fed chair Jerome Powell.
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The move potentially clearing the way for the confirmation of President Trump’s pick to lead the Fed, Kevin Warsh.
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Investors also weighing the implications of an extended Israel-Lebanon truce.
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And Google apparently investing up to $40 billion in Anthropic, first reported by Bloomberg. Google is committing to invest $10 billion now
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in cash at a $350 billion valuation. The tech giant will invest another 30 billion if Anthropic hits performance targets.
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And lastly, Nvidia’s market cap crossing 5 trillion again. Stocks rally adding $260 billion in value. The move higher comes amid a powerful broader rally in chip stocks, encouraged by Intel earnings
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and a nuclear power deal with Oklo boosting shares.
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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 in the trading session.
