Bitcoin gains, Frontier upgraded, Cytokinetics trial results | | StockXpo

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Bitcoin gains, Frontier upgraded, Cytokinetics trial results

Published: Tuesday, September 2, 2025 · 6:15 PM  |  Updated: Tuesday, September 2, 2025 · 6:15 PM

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00:00 Speaker A

It’s time for Yahoo Finance’s market minute. US stocks having a rocky start to September, which is historically the worst trading month of the year, but Bitcoin headed in the opposite direction. The cryptocurrency seeing gains amid rising expectations of a rate cut rate cut this month. Traders, however, are weighing the key monthly US jobs report for a better read on expectations for interest rates.

00:23 Speaker A

Frontier shares, they’re popping as rival Spirit Airlines files for Chapter 11 bankruptcy protection. Deutsche Bank upgrading Frontier from a hold to a buy, as it sees the company as best positioned to benefit from Spirit’s bankruptcy filing.

00:37 Speaker A

Shares of Cytokinetics surging amid optimism on the company’s experimental heart drug. Over the weekend, that biotech company presented positive trial results for its drug treatment. The Food and Drug Administration is expected to decide in late December on the approval of that heart drug.

00:54 Speaker A

And that’s your Yahoo Finance market minute. For more on what’s trending, scan the QR code below.

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