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Yahoo Finance host Julie Hyman tracks today's top moving stocks and biggest market stories in this Market Minute, including Apple's (AAPL) share hit after President Trump commented that he could impose a 25% tariff against the iPhone maker, Copart's (CPRT) fiscal third quarter earnings miss, and Booz Allen Hamilton (BAH) announcing layoffs.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
And it's time for Yahoo! Finance's market minute. US stocks on pace for weekly losses, investors assessing President Trump's new tariff threats against the European Union, and what his giant tax bill means for the deficit and the economy. Apple shares taking a direct hit as Trump includes the tech giant in his tariff rhetoric. The President saying the company must pay a 25% tariff on iPhones sold but not made in the U.S. Apple's market capitalization back below the $3 trillion threshold. Shares of Copart, a platform for online car auctions, falling the most since March 2020. That's after the company missed revenue estimates for the third quarter. J.P. Morgan also noting organic growth for Copart is lagging peers. And Booz Allen Hamilton stock sinking as its outlook disappoints. The consulting firm and government contractor also announcing layoffs amid federal cost-cutting efforts, expecting to cut about 7% of its staff. And that's your Yahoo! Finance market minute. For more and what's trending on Yahoo! Finance scan the QR code below.
