Crypto stock boost, Toyota guidance cut, Zillow revenue beat
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It’s time for Yahoo Finance’s Market Minute. Major cryptocurrencies and crypto-related stocks getting a lift in today’s trade. The move comes ahead of President Trump’s expected executive order tied to alternative assets. The executive order would allow alternative assets like cryptocurrencies and private equity into retirement accounts.
In automaker shares, Toyota slashes its 2025 profit guidance, the company noting that due to the impact of US tariffs and other factors, the forecast has been revised downward. Toyota also now projecting the impact of tariffs will be roughly 9.5 billion dollars.
Lastly, Zillow reporting better than expected second quarter revenue, while looking ahead the digital real estate…
