Today's Market

Why are stocks up (or down) and what does the latest Nvidia news mean? Today’s Market will answer those questions and keep you informed about big stock market movers. We’ll also tell you about the latest Fed moves, what stocks Warren Buffett is buying, 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

Truist Just Raised Its Price Target on Rivian (RIVN) Stock

By Eddie Pan, InvestorPlace Financial News Writer
Truist Securities analyst Jordan Levy has raised his RIVN stock price target to $16 from $13 while maintaining a "hold" rating.

DKNG Stock Alert: DraftKings Announces Gaming Tax Surcharge

By William White, InvestorPlace Writer
DraftKings caught DKNG stock investors off guard on Friday when the sports betting company announced a new gaming tax surcharge.

Video Game Actor Strikes 2024: What to Know as Voice Actors Protest AI

By William White, InvestorPlace Writer
Video game actor strikes are taking place in Hollywood right now as the SAG-AFTRA union seeks further protections against AI.

Sony Layoffs 2024: What to Know About the Latest Job Cuts at Bungie

By William White, InvestorPlace Writer
Sony layoffs are in the news Friday as the PlayStation parent company is cutting jobs at video game development studio Bungie.

INTC Stock Plunges as Intel Suspends Its Dividend. What Is Going On?

By Samuel O'Brient, InvestorPlace Reporter
Chipmaker Intel has announced a dividend pause after a poor earnings report. Here's what this will likely mean for INTC stock.

DNA Stock Alert: Ginkgo Bioworks Plunges on Plan for Reverse Stock Split

By William White, InvestorPlace Writer
Ginkgo Bioworks stock is falling hard on Friday as DNA investors prepare to vote on a reverse stock split later this month.

MKDW Stock Pops 53% as MKDWELL Starts Trading After Merger

By William White, InvestorPlace Writer
MKDWELL stock is up on Friday with heavy trading of MKDW shares after the company went public through a recent SPAC merger.

ME Stock Alert: CEO Anne Wojcicki Enters $200 Million Buyout Offer for 23andMe

By William White, InvestorPlace Writer
23andMe stock is up on Friday as investors react to an offer from the company's founder to take it private for 40 cents per share for ME.

DJT Stock Stumbles as Trump Media Launches the Truth+ Streaming App

By Eddie Pan, InvestorPlace Financial News Writer
DJT stock is in focus after TMTG announced the phased rollout of a beta version of its streaming platform, Truth+.

Spirit Airlines Layoffs 2024: What to Know About the Latest Pilot Job Cuts

By William White, InvestorPlace Writer
Spirit Airlines layoffs are a hot topic on Friday as the budget airline is furloughing pilots over engine problems.

CVX Stock Stumbles as Chevron Misses on Earnings. The Company Is Moving to Texas.

By Larry Ramer, InvestorPlace Contributor
CVX stock is retreating slightly after Chevron reported lower-than-expected second-quarter earnings per share.

Why Are Stocks Down Today?

By Dana Blankenhorn, InvestorPlace Contributor
Stocks fell sharply Aug. 2 on bad news from tech earnings and the economy, with unemployment rising to 4.3%.

Why Is Fresh Vine Wine (VINE) Stock Down 34% Today?

By William White, InvestorPlace Writer
Fresh Vine Wine stock is falling hard on Friday after the company announced that its merger agreement with Notes Live is terminated.

Trade of the Day: The Smart Money Is Betting Against Nvidia (NVDA) Stock

By Josh Enomoto, InvestorPlace Contributor
While it might not be the most popular idea, the smart money is betting against Nvidia, warranting a skeptical trade on NVDA stock.

Why Is Gamer Pakistan (GPAK) Stock Down 43% Today?

By William White, InvestorPlace Writer
Gamer Pakistan stock is down on Friday as investors in GPAK shares react to them being delisted from the Nasdaq on Monday.

Why Is Akanda (AKAN) Stock Up 34% Today?

By William White, InvestorPlace Writer
Akanda stock is on the rise Friday alongside heavy pre-market trading of AKAN shares and a lack of news this morning.

Why Is VSee Health (VSEE) Stock Up 172% Today?

By William White, InvestorPlace Writer
VSee Health stock is up on Friday after the company announced plans to develop a robot for the inpatient intensive care market.

Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Friday

By William White, InvestorPlace Writer
It's time to start off the final trading day of the week with a breakdown of the biggest pre-market stock movers for Friday morning!

SMCI Stock: Super Micro Launches New Nvidia Offering

By Shrey Dua, InvestorPlace Senior Financial News Reporter
SMCI stock is surprisingly down today despite announcing a new SuperCluster for the Nvidia Omniverse platform.
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