Walmart welcomes new board member, Coinbase downgraded at BofA

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It’s time for Yahoo Finance’s Market Minute. US stocks trading mixed here as the Nasdaq heads for its first loss this week.

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Meanwhile the Dow and the S&P 500 attempting to climb back up towards record territory. Markets trading cautiously amid a flurry of labor market updates.

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Retail giant Walmart naming a new board member with a background in AI.

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The CEO of AI writing tool Superhuman is joining the board’s compensation and management development Committee, as well as the Technology and e-commerce Committee.

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Shishir Mehrotra has held various executive roles at Google and also co-founded an AI platform called Coda prior to helming Superhuman.

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And lastly, Coinbase gets a lift over at B of A Global Research, that firm lifting its rating on the stock from neutral to buy, citing opportunities with Coinbase’s tokenization product.

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And that’s your Yahoo Finance Market Minute. Scan the QR code below to track the best and worst performing stocks of the trading session.