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

Insider Lauren Stat Just Sold 11,000 Shares of Palantir (PLTR) Stock

By Shrey Dua, InvestorPlace Senior Financial News Reporter
Palantir board member, Lauren Stat, sold 11,000 shares of PLTR stock the day before the start of its now more than 12% correction.

Why Are Stocks Down Today?

By Josh Enomoto, InvestorPlace Contributor
While the Federal Reserve seeks a clear target of lowering inflation, the difficult road ahead answers why stocks are down today.

FFIE Stock Alert: Faraday Future Plunges Another 20% on Delay News

By Bret Kenwell, InvestorPlace Contributor
Faraday Future is in the news as FFIE stock sinks almost 50% so far this week. A vote for a reverse stock split isn't helping sentiment.

Dear MULN Stock Fans, Mark Your Calendars for June 22

By Eddie Pan, InvestorPlace Financial News Writer
Mullen's record date for its annual meeting of stockholders on Aug. 3 will fall on June 22 at the close of business.

Peloton (PTON) Stock Slides 8% Following Wolfe Research Downgrade

By Josh Enomoto, InvestorPlace Contributor
Although exercise bike maker Peloton already suffered sharp losses, an analyst’s viability concerns sent PTON stock slipping further down.

EV Stocks Alert: Shareholder File Class-Action Suit Against Electric Last Mile

By Eddie Pan, InvestorPlace Financial News Writer
ELMS, which used to be a popular EV stock, is the recipient of a class action that alleges misrepresented financial statements.

Why Are Chinese EV Stocks NIO, LI, XPEV Up Today?

By Shrey Dua, InvestorPlace Senior Financial News Reporter
Chinese EV stocks are having a mixed day in the market despite a promising new tax exemption announcement out of China.

Can Marathon Digital (MARA) Stock Short Squeeze Higher?

By Samuel O'Brient, InvestorPlace Reporter
Marathon Digital Holdings is surging on renewed interest in crypto. But MARA stock may also be marked as a likely short squeeze.

Why Is ToughtBuilt (TBLT) Stock Down 45% Today?

By William White, InvestorPlace Writer
Toughbuilt Industries (TBLT) stock is falling hard on Wednesday after the construction equipment company announced a public offering.

Why Is Ocean Biomedical (OCEA) Stock Up 26% Today?

By William White, InvestorPlace Writer
Ocean Biomedical (OCEA) stock is rising higher on Wednesday after the company announced a price target increase from Fundamental Research.

The Cost to Borrow Virgin Galactic (SPCE) Stock Just Doubled

By Larry Ramer, InvestorPlace Contributor
Virgin Galactic (SPCE) has been trending on social media and SPCE stock has been climbing ahead of its first commercial space flight.

OCTO Stock Alert: Eightco Holdings Hikes 2023 Revenue Guidance

By William White, InvestorPlace Writer
Eightco Holdings (OCTO) stock is getting a boost on Wednesday after the blockchain company increased its guidance for the full year of 2023.

MULN Stock Alert: Mullen Has Enough Capital for at Least 12 Months

By Eddie Pan, InvestorPlace Financial News Writer
Mullen has announced a moratorium on new financing for the rest of the year due to having enough capital to sustain operations.

Why Is AST SpaceMobile (ASTS) Stock Up Today?

By William White, InvestorPlace Writer
AST SpaceMobile (ASTS) stock is rising higher on Wednesday after the space-based cellular broadband network company announced positive news.

SPOT Stock Alert: Spotify Moves on Analyst Upgrade

By William White, InvestorPlace Writer
Spotify (SPOT) stock is moving on Wednesday following an upgrade and price target from Wolfe Research analyst Zach Morrissey.

Is a Short Squeeze Brewing in Coinbase (COIN) Stock?

By Dana Blankenhorn, InvestorPlace Contributor
Coinbase stock has not yet reacted to the move by Blackrock, Schwab and others to support Bitcoin trading. But 20% of the float is being held short.

Why Are Crypto Mining Stocks MARA, RIOT, BTBT, BITF Up Today?

By Dana Blankenhorn, InvestorPlace Contributor
Institutional support for Bitcoin is boosting the value of coins backed by these institutions while other cryptocurrency prices stagnate.

Why Is Cabaletta Bio (CABA) Stock Down 8% Today?

By William White, InvestorPlace Writer
Cabaletta Bio (CABA) stock is falling on Wednesday following news of insider selling at the targeted cell therapy company.

Why Is VCI Global (VCIG) Stock Down 20% Today?

By William White, InvestorPlace Writer
VCI Global (VCIG) stock is taking a beating Wednesday but it's not due to negative news from the business and technology consulting company.
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