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

Why Are Cannabis Stocks Up Today?

With the reintroduction of the SAFE Banking Act, cannabis stocks popped higher on the legitimization of the underlying industry.

Is a Giant Short Squeeze Brewing in Fisker (FSR) Stock?

Bets that a potential short squeeze could be brewing in FSR stock are picking up amid Fisker's surging short interest ratio.

Insider Thurman Rodgers Just Made a $5 Million Bet on Enphase (ENPH) Stock

Shares of ENPH stock plummeted lower yesterday following the company's earnings, although director Thurman Rodgers hasn't lost conviction.

Cost to Borrow GameStop (GME) Stock Briefly Spikes

The question of whether a potential short squeeze could be brewing for GME stock has some investors enticed right now.

SOFI Stock Pops 7% Ahead of Earnings

SoFi Technologies is popping higher on little news, although SOFI stock may gain clarity from the ongoing debt-ceiling battle.

Lyft Layoffs 2023: Lyft Plans Job Cuts for 26% of Staff

News of Lyft layoffs has sent shares of LYFT stock higher on the day as investors price in a faster path to profitability.

FRC Stock Alert: Will the Government Let First Republic Bank Collapse?

First Republic Bank's chances of being bailed out again are looking increasingly slim. This points to a grim future for FRC stock.

MULN Stock Alert: EMM Tech Could Add ‘Hundreds of Miles’ to Battery Range

MULN stock is in focus as Mullen's MAEO attracts attention for its energy management module (EMM) technology called Ever-Charge.

Tyson Foods Layoffs 2023: What to Know About the Latest TSN Job Cuts

Tyson announced it would layoff roughly 10% of its corporate employees and 15% of senior leaders. What's going on with Tyson Foods layoffs?

GSK Stock: A Value Trap or a Hidden Gem?

GSK, formerly known as GlaxoSmithKline, is struggling after a complicated earnings season. Here's why GSK stock is still a buy.

Cost to Borrow Bed Bath & Beyond (BBBY) Stock Falls After Bankruptcy Filing

BBBY stock has seen its cost-to-borrow fee fall to 12.9%, compared to 13.46% on April 24. Here's what this means for investors.

7 EV Penny Stocks That Are Better Buys Than Mullen

Unstable meme stock Mullen Automotive isn't a buy. Here are 7 EV penny stocks that offer investors more than MULN stock.

Dropbox Layoffs 2023: What to Know About the Latest DBX Job Cuts

Dropbox layoffs are the talk of Wall Street today as the online-storage company announced plans to cut about 16% of its workforce.

Why Are Stocks Up Today?

Investors wondering why stocks are up today can look to earnings from major tech companies as the reason behind today's rally.

QS Stock Alert: QuantumScape Shares New Details on Commercial Timeline

QS stock is rising slightly after QuantumScape reported that most of its battery cells had "performed very well" in tests.

Cathie Wood Doubles Down on Tesla (TSLA) Stock After Earnings

Cathie Wood continues to bet on Tesla (TSLA) stock with more purchases following the electric vehicle (EV) company's latest earnings report.

LLY Stock Alert: Mounjaro Takes Eli Lilly to the Next Level

Eli Lilly (LLY) stock is climbing higher on Thursday thanks to a boost from Mounjaro during its earnings report for Q1 2023.

Dear BBBY Stock Fans, Mark Your Calendars for May 3

Management will oversee the chain's liquidation, and BBBY stock holders after May 2 are unlikely to see anything.

Why Is Southwest Airlines (LUV) Stock Falling Today?

Southwest Airlines (LUV) stock is taking a beating on Thursday after the travel company revealed results for the first quarter of 2023.