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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

Interim CEO Howard Schultz Bought $14 Million of Starbucks (SBUX) Stock. Here’s Why.

Howard Schultz is back at Starbucks as interim CEO. He wasted no time picking up SBUX stock, buying up a $14 million stake on May 10 and 12.

Apple Is Ramping Up Metaverse Potential With Mixed-Reality Headset Progress

Apple is reportedly closer than ever to the release of its much-anticipated mixed-reality headset. AAPL stock is down 2.5% despite the news!

LUNA Crypto Divides 9 Blockchain Bigshots as Terra Struggles to Survive

The LUNA crypto's downward spiral was something to behold. Now, the biggest names in the digital money sector are talking about it.

Bavarian Nordic (BVNRY) Stock Jumps 70% on Monkeypox Vaccine Order

Bavarian Nordic is soaring today as monkeypox cases shine a light on its vaccine. Here's what investors need to know about BVNRY stock.

Insiders Are Buying Carvana (CVNA) Stock. Here’s Why.

Carvana insiders have been busy buying up shares of CVNA stock. Recently, Director J. Danforth Quayle purchased 4,168 shares.

XRP Price Predictions: Where Will Ripple’s Carbon Bet Take the XRP Crypto?

Today, XRP is moving higher on a $100 million investment to strengthen carbon markets. Now interest in XRP price predictions is rising.

GME Stock Pops 10% on GameStop NFT Marketplace Excitement

All it took was a simple two-letter tweet to send shares of GME stock surging more than 9% in today's afternoon session.

Tesla Should Buy Back $15 Billion of TSLA Stock. Here’s Why.

One Tesla whale thinks the company needs to engineer a stock buyback. Here's why this would generate growth for TSLA stock.

CTO Timothy Lang Just Bought MicroStrategy (MSTR) Stock. Here’s Why.

MSTR stock is in full focus after two MicroStrategy insiders disclosed insider purchases worth hundreds of thousands of dollars.

Why Is NeuroMetrix (NURO) Stock Up 70% Today?

Today, investors in NeuroMetrix and NURO stock are cheering an announcement that the FDA has approved the company to market its Quell device.

GGPI Stock Climbs Higher as Polestar Reports Record Sales

Polestar recently announced promising financial results for the first quarter of 2022. Now GGPI stock is up on the news.

GRAB Stock Soars 30% as Ride-Hailing Demand Grows

Today, investors in Grab Holdings and GRAB stock are cheering some rather positive earnings in this otherwise gloomy earnings season.

FTX Exchange Launches Stock Trading on Its Crypto Platform

The FTX exchange is breaking new ground today, becoming the first native crypto-trading platform to offer equities trading.

Egg Price Predictions: How Much Will Your Eggs Cost in 2022?

Groceries are getting more and more expensive to buy and egg prices are of particular interest as we look over recent predictions.

HOG Stock Falls as Harley-Davidson Shuts Down Production

Harley-Davidson announced it is shutting down production and shipment of its motorcycles due to supplier concerns. HOG stock is now down 9%.

Grocery Price Predictions: How Much Will Your Groceries Cost in 2022?

You might have already noticed a higher price from your regular grocery shopping but predictions have it only getting worse.

Melvin Capital Liquidates After Meme Stocks Losses. 7 Things to Know.

Once a prominent hedge fund, Gabe Plotkin announced that Melvin Capital will be shutting down and liquidating its entire portfolio.

Mortgage Interest Rates Price Predictions: Where Will Mortgage Rates Go in 2022?

As inflation pushes mortgage interest rates higher, some consumers are wondering about the latest price predictions for 2022.

Crypto News: SEC Chair Talks Crypto Regulation in Budget Meeting

This week's crypto news sees Gary Gensler testifying for a bigger SEC budget in his quest to regulate the crypto market.

Why Tesla Fan Dan Ives Just Slashed His Price Target on TSLA Stock

Dan Ives has reduced his TSLA stock price target due to China headwinds. Here's why investors shouldn't be worried about Tesla's future.