Tesla Cybertruck recall, Cava upgrade, Jabil: Market Minute


00:00 Speaker A

It’s time for Yahoo! Finance’s market minute. US stocks trying to build on the Fed fueled rally with all three major averages. Well, right now they’re mixed. Tesla issuing a recall for about 46,000 Cybertrucks. That’s most of the vehicles it sold. It includes trucks manufactured from November 2023 to February 2025. The recall cites a safety risk from an exterior panel that could detach while driving. Cava shares rising as JP Morgan upgrades the stock to overweight from neutral. The firm recommends investors buy the stock after a more than 20% drop so far this year. JP Morgan saying the company has quote considerable near-term operational and brand initiatives to drive both sales and profits. And Jabil shares gaining as its second quarter earnings and revenue topped estimates. The manufacturing services company also lifting its full-year outlook, beating expectations. And that’s your Yahoo! Finance market minute. For more on what’s trending on Yahoo! Finance, scan the QR code below.


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