Tesla Cybertruck's 10th recall in 2 yrs, CoreWeave bid rejected

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

Mortgage rates decreased for the fourth week in a row, with the 30-year fixed rate now at 6.17%, according to the newest data from Freddie Mac (FMCC).

CoreWeave's (CRWV) $9 billion acquisition bid for Core Scientific (CORZ) was rejected.

Tesla (TSLA) Cybertruck was recalled for the 10th time in two years, according to the National Highway and Traffic Safety Administration.

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

Video Transcript

00:00 Speaker A

It's time for Yahoo Finance's Market Minute. Stocks are mixed, the Dow gaining while the Nasdaq falls on the back of disappointing Meta and Microsoft results.

00:10 Speaker A

Mortgage rates decreasing for the fourth consecutive week. The 30-year fixed down to 6.17% from 6.19% the week prior. That's according to Freddie Mac.

00:20 Speaker A

CoreWeave gets rejected. Core Scientific shareholders voted against CoreWeave's $9 billion acquisition bid.

00:27 Speaker A

Negotiations had been contentious as Core Scientific's proxy advisors said the deal undervalued the company.

00:34 Speaker A

Core Scientific shares rising as CoreWeave falls.

00:38 Speaker A

The Tesla Cybertruck getting its 10th recall in less than two years. This time it's due to a potential collision risk from a light bar accessory that could detach.

00:48 Speaker A

That's according to the National Highway Traffic Safety Administration.

00:51 Speaker A

This affects about 10% of all Cybertrucks, and Tesla says it's not aware of any crashes, injuries or deaths related to that issue.

01:00 Speaker A

And that is your Yahoo Finance Market Minute.

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