By coinnews 
00:00 Speaker A
It’s time for Yahoo! Finance’s Market Minute. Stocks wavering, that three-day rally losing steam. Consumer sentiment falling to one of its lowest readings on record, and long-term inflation expectations rising. Alphabet reporting a strong first quarter, announcing a 5% dividend increase and $70 billion in share buybacks. Growth was driven by Alphabet’s ad and search businesses as cloud revenue came in just shy of estimates. Meantime, Meta laying off over a hundred employees in its Reality Labs division. Last quarter, Meta’s Reality Labs division reported a nearly $5 billion operating loss. Its next report is on Wednesday. And Intel, issuing weak revenue and profit forecast, the street seeking more from the new CEO’s turnaround strategy. The company reported strong results in its first quarter, analysts attributing higher sales to customers buying ahead of tariffs. And that’s your Yahoo! Finance Market Minute. For more on what’s trending on Yahoo! Finance, scan the QR code to track the best and worst performing stocks.