Credo Q4 results, CoreWeave gains, Signet Jewelers outlook

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Yahoo Finance host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute, including Credo Technology Group (CRDO) shares surging after topping fiscal fourth quarter earnings estimates, CoreWeave (CRWV) extending gains after announcing its AI data center deal with Applied Digital (APLD), and Signet Jewelers (SIG) releasing an upbeat full-year profit outlook.

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00:00:00 Speaker A

It's time for Yahoo Finance's market minute. US stocks rise as positive economic data offsets the OECD's tariff warning. Shares of Credo Technology are surging after providing fourth quarter results, company pulling earnings and revenue that did top Wall Street's expectations. Several firms lifting their price target on that stock including TD Cowen noting Credo as a top pick among small and mid-cap stocks. Coreweave shares reaching a record intraday high. Applied Digital and Coreweave extending gains following that new data center deal. Companies entering two approximately 15 year AI data center lease agreements. And Signet Jewelers seeing a jump after lifting its price profit outlook for the full year, company noting its outlook reflects the current macro environment, current tariffs, as well as cost savings initiatives. Signet Jewelers also topping earnings and revenue expectations for the first quarter. And that's your Yahoo Finance market minute for more of what's trending, scan the QR code below.