Yahoo Finance host Brad Smith tracks today's top moving stocks and biggest market stories in this Market Minute, including funding commitments by tech giants Alphabet (GOOG, GOOGL), Oracle (ORCL), and Salesforce (CRM) to the US and Saudi Arabia; ESPN's standalone streaming service is set to launch this fall; and Microsoft (MSFT) is reportedly cutting 3% of its workforce.

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

Video Transcript

00:00 Speaker A

We are two hours into the trading day and it's time for Yahoo Finances Market Minute. The S&P 500 and the NASDAQ turning positive for the year during today's trade. The Dow still lagging due to United Health. Multiple companies, including Google, Oracle, and Salesforce, committing $80 billion in funding to the US and Saudi Arabia. The agreement was confirmed by the White House as part of President Trump's trip to Saudi Arabia. An ESPN solo streaming service will launch this fall and is set to cost $29.99 per month. The service will offer all gaming programming from ESPN's cable channels, including football and basketball games. And, Microsoft planning to lay off 3% of its global workforce, CNBC reports, citing a Microsoft spokesperson. The cuts will affect thousands of employees. And that is your Yahoo Finance Market Minute. For more on what's trending on Yahoo Finance, you can scan the QR code below to track the best and worst performing stocks of the session.  Related Videos

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