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.

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Market News

Why This Analyst Says Aptiv (APTV) Stock Is the Biggest Loser on Rivian-Volkswagen Deal

By Chris MacDonald, InvestorPlace Contributor
Aptiv is seeing significant selling pressure today, with APTV stock down on an analyst downgrade and bearish analyst note.

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

By Chris MacDonald, InvestorPlace Contributor
Rivian investors are certainly cheering a major announcement from Volkswagen today, with RIVN stock surging 20% this afternoon.

Cantor Fitzgerald Just Raised Its Price Target on Nvidia (NVDA) Stock

By Josh Enomoto, InvestorPlace Contributor
Despite a blistering run, Cantor Fitzgerald analysts see more upside for Nvidia, forecasting that a tech revolution can bolster NVDA stock.

Faraday Future (FFIE) Stock Soars 80% Following Rivian-Volkswagen Deal

By Eddie Pan, InvestorPlace Financial News Writer
FFIE stock is in the green following a major deal in the EV industry. However, Faraday's future prospects remain bleak.

Why Is Ocean Power Technologies (OPTT) Stock Up 60% Today?

By Josh Enomoto, InvestorPlace Contributor
With Ocean Power Technologies inking a critical government contract on a noncompete basis, OPTT stock soared on the positive implications.

NIO Stock Gets a 5% Boost from Rivian-Volkswagen Deal

By Samuel O'Brient, InvestorPlace Reporter
Today's Rivian rally is pushing up many EV stocks, including troubled automaker Nio. But NIO stock likely won't stay in the green for long.

Perion Layoffs 2024: What to Know About the Latest PERI Job Cuts

By William White, InvestorPlace Writer
Perion Network layoffs are a hot topic on Wednesday as the company announces plans to cut 35 jobs its in search division due to Bing changes.

Ginkgo Bioworks Layoffs Expand to 400 Job Cuts

By William White, InvestorPlace Writer
Ginkgo Bioworks layoffs are coming for 400 of the company's employees as it seeks to reduce labor costs as part of a restructuring.

Rivian Gives Lucid Motors (LCID) Stock a Jolt After Volkswagen Deal

By Eddie Pan, InvestorPlace Financial News Writer
LCID stock is getting a boost after Volkswagen agreed to invest up to $5 billion into EV competitor Rivian.

What Is Going on With Thunder Power (AIEV) Stock Today?

By William White, InvestorPlace Writer
Thunder Power stock is up on Wednesday with heavy trading of AIEV after the company's shares made their public debut on Monday.

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

By Samuel O'Brient, InvestorPlace Reporter
Volkswagen is about to invest $5 billion in Rivian. Now Wall Street analysts are pounding the table on RIVN stock.

Stifel Just Initiated Coverage of Tesla (TSLA) Stock. What Analysts Have to Say.

By William White, InvestorPlace Writer
Tesla stock is up on Wednesday as news coverage of TSLA shares comes from Stifel and its on the bullish side with a 'buy' rating.

Billionaire Steve Cohen Just Took a 5.5% Stake in Sphere Entertainment (SPHR) Stock

By William White, InvestorPlace Writer
Sphere Entertainment stock is on the move Wednesday following news of billionaire Steve Cohen acquiring a 5.5% stake in SPHR.

When Will Housing Prices Drop? Maybe Not Until 2026, This Analyst Says.

By Shrey Dua, InvestorPlace Senior Financial News Reporter
Housing prices have continued to reach new highs lately. Unfortunately, BofA analysts believe prices will remain "stuck" for years to come.

What Does the $5 Billion Rivian-Volkswagen Deal Mean for RIVN Stock?

By Eddie Pan, InvestorPlace Financial News Writer
RIVN stock is rising higher after Volkswagen agreed to invest up to $5 billion into the EV company while also forming a joint venture.

WHR Stock Climbs 12% on News Bosch Is Eyeing a Bid for Whirlpool

By William White, InvestorPlace Writer
Whirlpool stock is up on Wednesday with heavy trading of WHR shares following reports of Bosch wanting to bid on the company.

Chipotle (CMG) Stock Starts Trading on a Split-Adjusted Basis Today

By Dana Blankenhorn, InvestorPlace Contributor
The success of Chipotle and CMG stock proves big profits are possible outside technology, if you get a leader like Brian Niccol.

Cantor Fitzgerald Just Raised Its Price Target on Rivian (RIVN) Stock

By William White, InvestorPlace Writer
Rivian Automotive stock is up on Wednesday with an increased price target for RIVN shares alongside a new collaboration with Volkswagen.

Citi Just Raised Its Price Target on Nvidia (NVDA) Stock

By Larry Ramer, InvestorPlace Contributor
Citi believes that Nvidia and NVDA stock can get a big boost form the proliferation of AI-powered assistants.
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