By coinnews 
00:00 Speaker A
Time for Yahoo! Finance’s Market Minute. US stocks trading lower as the market struggles to regain momentum. In fact, down sharply. Now, Apple veteran Jony Ive startup IO company catching the attention of OpenAI. OpenAI acquiring that AI device company in a nearly $6.5 billion all-stock deal, according to Bloomberg. Ive and his team will focus on developing AI-powered devices for OpenAI. Fair Isaac shares under pressure amid criticism on its credit report pricing. A federal government housing official, Bill Pulte, expressing disappointment over the credit score’s decision to raise its wholesale royalty fee. Pulte noting concerns over costs and says the company should make sure it is being, quote, economical as possible. Carter’s stock sliding after its Board of Directors announces a dividend cut. The children’s clothing company declaring a dividend of 25 cents a share. That’s down from the previous 80 cents in the prior quarter. And that’s your Yahoo! Finance Market Minute. For more on what’s trending, scan the QR code below.