By coinnews 
00:00 Speaker A
It’s time for Yahoo! Finance’s Market Minute. Stocks are mixed. The Dow and the red as trade tensions remain in focus and top of mind for investors, and Fed officials hint at potential rate cuts this summer. Internet stocks, AppLovin, Pinterest, Reddit, getting a boost from Alphabet’s earnings. The tech giant’s strong ad revenue offering a reassuring signal for companies that rely on the ad market as the macroeconomic backdrop remains a little uncertain. And T-Mobile subscriber growth disappoints as competitors ramped up promotions. The company’s CEO also saying smartphone prices will likely rise due to the trade war. And shares of Chinese startup, Pony.ai, are falling after two days of gains. The company announcing a partnership with Tencent to develop self-driving technology. The companies will integrate Pony.ai’s ride-hailing services into Tencent’s extremely popular WeChat app as well as Tencent Maps. That’s your Yahoo! Finance Market Minute. For more on what’s trending on Yahoo! Finance, scan the QR code below to track the best and worst performing stocks of this session.