Okta guidance, GameStop purchases bitcoin, Macy's Q1 results
Yahoo Finance host Madison Mills tracks today's top moving stocks and biggest market stories in this Market Minute, including Okta (OKTA) shares falling after disappointing investors with its latest guidance, GameStop (GME) purchases 4,710 bitcoin (BTC-USD), and department store Macy's (M) trimming its outlook after beating first quarter earnings estimates.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for your Yahoo Finance's Market Minute. Stocks lower as investors highly anticipating Nvidia earnings after the close. The report seen as a crucial test for markets amid tariff uncertainty. Octa topping Wall Street's expectations in its first quarter, issuing disappointing guidance for seeing shares fall on that news. The company saying it's factoring potential risks from economic uncertainty in its forward guidance. And kind of the mean meme trade, GameStop, buying 4700 Bitcoin worth over $500 million. It's first purchase since unveiling the plan back in March. The company looking to capitalize on growing crypto adoption as its video game sales remain pressured. Macy's shares higher after reporting better than expected earnings in Q1. The company trimming its full year guidance citing tariffs and slowing consumer demand. That's your Yahoo Finance market minute. For more on what's trending on Yahoo Finance, scan the QR code below to track the best and worst performing stocks.
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