00:00 Speaker A
It's time for Yahoo! Finance's Market Minute. Stocks climbing as investors digest rebounding consumer confidence, as well as an agreement between US and the EU to accelerate trade talks. Nvidia shares rising as investors look ahead to Wednesday's earnings report, hoping to get updates on AI chip demand. Nvidia shares are flat year-to-date after whipsawing amid growing fears of AI competition and tariff concerns. And President Trump is looking to cancel all federal funds directed to Harvard University. The US General Services Administration sending letters to federal agencies, telling them to end contracts totaling about $100 million. This was first reported by The New York Times, and it comes after the administration froze about $3.2 billion in grants and contracts with the Ivy League university and tried to halt its ability to enroll international students. That's your Yahoo! Finance Market Minute. For more on what's trending on Yahoo! Finance, scan the QR code below.
