Paramount CEO & Trump, Google Gemini 3 upgrade, mortgage rates fall

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It’s time for Yahoo Finance’s Market Minute.

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US mortgage rates are falling toward three-year lows.

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According to Freddie Mac, the average 30-year rate fixed uh for a 30-year was 6.09%.

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Freddie Mac’s chief economist said housing affordability continues to improve amid the decline in rates, along with strong economic growth and a solid labor market.

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Meanwhile, Alphabet stock had a session high after it released an upgrade to its Gemini 3 Deep Think.

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Alphabet’s reasoning software is now available in the Gemini app for Google AI Ultra subscribers, and for the first time is available via the Gemini API to select researchers, engineers, and enterprises.

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And Paramount’s guidance CEO David Ellison reportedly returned to the White House last week to meet with the President.

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CNN says the Paramount chief held two conversations with the President but didn’t specify the details.

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The meeting comes as Paramount enhances its hostile bid for Warner Brothers Discovery.

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And that’s your Yahoo Finance Market Minute.

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