Today's Market

Why is Bitcoin crashing and what does that tweet from Elon Musk mean? Today’s Market will answer those questions and keep you informed about big stock market movers. We’ll also tell you about altcoins that are heating up, what penny stocks Reddit is watching, and which stocks look primed for a short squeeze. Today’s Market is the perfect pairing of InvestorPlace’s expert financial advice and critical stock and crypto news.

Top Stories

Market News

Why Are Stocks Down Today?

Stock indices dropped across the board in view of the Federal Reserve's meeting minutes and retail sales data. Why else are stocks down today?

Billionaire Ray Dalio Just Bet on Rivian (RIVN) Stock. Here’s Why.

During Q2, Bridgewater's Ray Dalio reported purchasing 62,818 shares of RIVN stock, making it the 721st largest position in his portfolio.

DNUT Stock Falls 12% as Krispy Kreme Slashes Revenue Outlook

DNUT stock is struggling following Krispy Kreme’s disappointing Q2 earnings performance and full-year guidance downgrade.

CEO Tony Aquila Just Bought Canoo (GOEV) Stock. Here’s Why.

On August 12, CEO Tony Aquila purchased 200,000 shares of GOEV stock worth $797,000. He now directly owns 2.53 million shares.

Bill Gates Is Betting Big on Hard-Hit Vroom (VRM) Stock

Today, investors interested in beaten-down Vroom and VRM stock have another reason to consider this company - Bill Gates is in.

Genesis Crypto Alert: What to Know About CEO Departure, Genesis Layoffs

The Genesis crypto trading platform recently announced a series of sweeping changes to company leadership and mass staffing cuts.

Billionaire Ray Dalio Just Bet Big on Lucid (LCID) Stock

Here's why investors in LCID stock may want to take some solace in rather interesting bets placed by Ray Dalio last quarter.

What Is Going on With Kirkland’s (KIRK) Stock?

Home décor retailer Kirkland’s appears to be the beneficiary of a short-squeeze attempt today as KIRK stock rockets higher.

BWV Stock Soars as Blue Water Vaccines Explores Monkeypox Vaccine

Blue Water Vaccines (BWV) stock is rocketing higher on Wednesday after the company announced it will explore making a monkeypox vaccine.

Coatue Just Made a Big Bet on SoFi (SOFI) Stock

SOFI stock is in focus after Philippe Laffont's Coatue Management disclosed a 14.52 million share stake in the fintech company.

Shiba Inu Price Predictions: Where Will the SHIB Crypto Go From Here?

Shiba Inu (SHIB) price predictions are a hot topic among traders on Wednesday as the crypto trends on social media alongside its game.

Should You Buy TSLA Stock After the Tesla Stock Split?

Today marks the date of record for the TSLA stock split. Here's why investors can still benefit by buying now before shares rise even more.

Celsius Crypto News: Judge Gives the Go-Ahead to Pay Debts With Crypto Mining

Celsius crypto news today is seeing the company receiving the long-awaited go-ahead to start mining its way out of debt.

TJX Companies (TJX) Stock Moves on Mixed Q2 Earnings

TJX Companies (TJX) stock is on the move Wednesday after releasing mixed results in its earnings report for Q2 of fiscal 2023.

Elon Musk Just Gave Manchester United (MANU) Stock a Big Boost

MANU stock is in focus after Elon Musk tweeted out last night that he would acquire the soccer club. He later retracted his statement.

What Is Going on With Endo International (ENDP) Stock Today?

Endo International (ENDP) stock is taking a beating on Wednesday after the company filed for bankruptcy protection and revealed an RSA.

What Is Going on With Meme Stocks GME, AMC Today?

Meme stocks are trending once again, in what looks like a repeat of 2021. Thus, both GME stock and AMC stock made eye-opening moves recently.

Tucker Carlson Gives the New Anti-ESG DRLL ETF a Big Boost

The DRLL ETF is making an overtly political pitch to investors, but its investments so far are conservative in a very different way.

Target (TGT) Stock Slips on Earnings Miss

TGT stock is feeling heavy today as Target's quarterly profits simply didn't measure up to Wall Street's forecast.

Vinco Ventures (BBIG) Stock Soars Higher as Trading Resumes

Vinco Ventures is trending on financial sites and on social media. The rally came after Nasdaq allowed the trading of BBIG stock to resume.