00:04 Speaker A
It’s time for Yahoo Finance’s market minute. US stocks get dragged down here by Microsoft as investors came away from mega cap tech earnings fretting about AI spending. The tech moves taken focus amid an escalation in tensions between the US and Iran.
00:18 Speaker A
Turning to crypto, Bitcoin sliding below 85,000 for the first time in almost two months. The digital currency under pressure once again amid a pullback in risk assets, Bitcoin Treasury company strategy also taking a hit as it continues to buy Bitcoin.
00:31 Speaker A
And lastly, Lockheed Martin topping revenue estimates for the fourth quarter, guidance for the full year earnings also coming in above estimates, but it does not end there. Company also announcing a framework agreement with the Department of War to quadruple its output of missile interceptors.
00:43 Speaker A
And that’s your Yahoo Finance market minute. Scan the QR code below to track the best and worst performing stocks of the trading session.