Yahoo Finance host Brad Smith tracks today's top moving stocks and biggest market stories in this Market Minute, including Quantum Computing (QUBT) reporting a profit in its first quarter results while Michael Burry's Scion Asset Management doubles its stake in Estée Lauder (EL).

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 little changed, poised for weekly wins as US-China trade tensions ease. Still, consumer sentiment sank to its lowest level and reading on record here. Shares of Quantum Computing surging after reporting a swing to a profit in the first quarter. The company seeing earnings per share of 11 cents compared to a loss of 8 cents a year ago. Quantum is seeing some early traction for its new photonic chips after completing its factory in Arizona. Infamed investor Michael Burry turns bullish on beauty brand Estee Lauder. His firm, Scion, doubling its stake in the company to 200,000 shares while putting bearish bets on the tech giants like Alibaba and NVIDIA. Estee Lauder shares are down over 14% so far this year. And that's your Yahoo! Finance Market Minute to keep you on track with the news you need to make smart decisions about your investments. For more on what's trending on Yahoo! Finance, scan the QR code below to track the best and worst performing stocks of the day.  Related Videos

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