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Josh Lipton outlines the top stories on Wall Street in this segment of Market Minute.
Micron Technology (MU) will reportedly add a surcharge to some products starting on Wednesday to pass on rising costs to customers due to tariffs, according to Reuters reports.
Marvell Technology (MRVL) will sell its automotive ethernet business to Infineon (IFNNY).
Tilray Brands (TLRY) stock plunges after cutting its full-year revenue outlook.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo! Finance's market minute. US stocks rallying on hopes for Trump tariff deals. The rebound in markets coming after three days of steep losses and volatility. Micron reportedly plans to impose a tariff surcharge on some products as corner Reuters, companies sign a price increase to tariff supply to memory modules and solid state drives. Shares of Marvell they're getting a lift as the company announces it is selling its automotive ethernet business. Marvell set to sell that business to chipmaker Infideon for 2.5 billion dollars in cash. And lastly Tilray brands under some pressure here as third quarter adjusted EBITDA and net revenue misses Wall Street's expectations. Cannabis producer also lowering its full year net revenue outlook, however, confirming that tariffs should not impact sales. And that's your Yahoo! Finance market minute. For more on what's trending on Yahoo! Finance scan the QR code below.
