Tilray revenue, Union Pacific new CEO, Volkswagen's XPeng investment: Top stories

Yahoo Finance Video
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The S&P 500 trades lower ahead of the Federal Reserve's July meeting decision. Tilray shares rise as the company reported a narrower fourth quarter loss than expected and revenue grew 20% to a record high. Union Pacific stock rises as the company names Jim Vena as its new CEO. XPeng shares soar as Volkswagen is planning to invest $700 million in the company and jointly develop EVs in China. Yahoo Finance Live breaks down some of the top stories of the day.