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

Nokia Layoffs 2023: What to Know About the Latest NOK Job Cuts

By Larry Ramer, InvestorPlace Contributor
Nokia (NOK) stock is retreating after the telecom-equipment company reported that it would lay off up to 16% of its employees.  

Google Layoffs 2023: What to Know About the Latest GOOGL Job Cuts

By William White, InvestorPlace Writer
Google layoffs have the division of Alphabet cutting between 40 and 45 jobs in its News section to streamline its operations.

Bank of America Is Souring on Peloton (PTON) Stock

By William White, InvestorPlace Writer
Peloton stock is on the move Thursday after shares of PTON were downgraded and saw a price cut from Bank of America analyst Curtis Nagle.

Elon Musk Is Dragging NIO Stock Down Today

By Dana Blankenhorn, InvestorPlace Contributor
Nio no longer wants to be the Tesla of China after Tesla's earnings. Instead, it wants to be the Apple of EVs.

TSLA Stock Alert: BMW Is Jumping on the Tesla Bandwagon

By William White, InvestorPlace Writer
Tesla stock is in the news Thursday as investors in TSLA react to news of BMW adopting the company's NACS charging ports.

Why Is Rentokil Initial (RTO) Stock Down 20% Today?

By William White, InvestorPlace Writer
Rentokil Initial stock is taking a beating on Thursday with heavy trading of RTO shares amid a warning of slowing demand.

Why Is Falcons Beyond Global (FBYD) Stock Down 18% Today?

By William White, InvestorPlace Writer
Falcons Beyond Global stock is falling on Thursday as shares of FBYD retreat after undergoing a massive rally during Wednesday trading!

Why Is Nxu (NXU) Stock Up 38% Today?

By William White, InvestorPlace Writer
Nxu stock is on the move Thursday as the company's shares experience heavy trading without any clear catalyst for that movement!

Why Is Zapp Electric Vehicles (ZAPP) Stock Up 69% Today?

By William White, InvestorPlace Writer
Zapp Electric Vehicles stock is rising higher on Thursday with heavy trading of ZAPP shares despite a lack of news this morning!

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

By William White, InvestorPlace Writer
We're starting off Thursday with a breakdown of the biggest pre-market stock movers traders need to know about this morning!

Warning! What a ‘Magnificent Seven’ Stocks Meltdown Would Mean for the Market.

By Samuel O'Brient, InvestorPlace Reporter
The "Magnificent Seven" stocks are struggling and conditions seem to be getting worse. Does this mean a stock market crash is coming?

Wells Fargo Slams ROKU Stock With Q4 Warning

By Chris MacDonald, InvestorPlace Contributor
One of the high-growth stocks that's taken off this year is Roku, but today's decline of 9% in ROKU stock may signal a shift.

Dear XPEV Stock Fans, Mark Your Calendars for Oct. 24

By Samuel O'Brient, InvestorPlace Reporter
XPeng is gearing up for its Tech Day 2023 on Oct. 24. Here's why this event will likely boost shares of XPEV stock.

Stock Market Bubble? Why This Pro Is Predicting a Perilous Pop

By Joel Baglole, InvestorPlace Contributor
According to Smead's note to clients, the stock market is currently going through a period of "euphoria" that is likely to end badly for investors large and small.

Bummer for Buyers: U.S. Mortgage Rates Hit 8% for First time in 23 Years

By Chris MacDonald, InvestorPlace Contributor
Mortgage rates continue their incredible climb, breaching a key psychological threshold of 8% today, the highest since 2000.

Why Are Chinese EV Stocks Down Today?

By Eddie Pan, InvestorPlace Financial News Writer
Chinese EV stocks are sinking lower following a drop in Chinese indices and a property developer's failed bond payment.

Why Are Airline Stocks Down Today?

By Josh Enomoto, InvestorPlace Contributor
With United Airlines offering a dour outlook for its fiscal Q4, the negative implications took down other airline stocks.

Spirit AeroSystems (SPR) Stock Jumps 25% on Boeing Deal

By Josh Enomoto, InvestorPlace Contributor
Although a tentative deal between Spirit AeroSystems and Boeing sparks confidence, SPR stock still faces a credibility challenge.

Is CEO Christopher Comparato Giving Up on Toast (TOST) Stock?

By Samuel O'Brient, InvestorPlace Reporter
Toast CEO Christopher Comparato just sold a large portion of TOST stock. Here's why the company could still rebound.
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