Ford sales jump, Ferguson Q3 beat, CrowdStrike record high

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Yahoo Finance host Julie Hyman tracks today's top moving stocks and biggest market stories in this Market Minute.

Ford (F) stock rises after the automaker posted a sales jump in May — its best May since 2019 — boosted by a price-cut promotion offsetting Trump-era tariffs.

Ferguson (FERG) stock surges after topping third quarter earnings and revenue estimates and raising its full-year operating margin outlook.

CrowdStrike (CRWD) stock hits a record intraday high ahead of its first quarter earnings report.

Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.

00:00:00 Speaker A

It's time for Yahoo! Finance's Market Minute. US stocks climbing after positive economic data. The Nasdaq composite leading gains. Ford is rising amid sales gains in May. The automaker reporting a sales jump of 16.3%. That marks its best May since 2019 and the third straight month of sales gains. Sales likely boosted by a price cut promotion that the automaker implemented to offset Trump's tariffs. Ferguson shares are surging after surpassing Wall Street's expectations for third-quarter earnings and revenue. The hardware and waterworks distributor also lifting its operating margin outlook for the full year. As for revenue, the company sees low to mid-single-digit growth for the year, citing an uncertain environment. And shares of CrowdStrike hitting a record intraday high. That move coming ahead of the company's first quarter results. Those are set to be released today after the market close. And that's your Yahoo! Finance Market Minute for more on what's trending on Yahoo! Finance, scan the QR code below.