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

Kim Kardashian Wins EthereumMax (EMAX) Lawsuit. Why That’s Bad for Investors.

By Brenden Rearick, InvestorPlace Financial News Writer
Celebrity advertisements for bad crypto projects are going unpunished as Kim Kardashian wins a class action lawsuit by EthereumMax investors.

Do Credit Card Rates Go Up When Interest Rates Go Up?

By Shrey Dua, InvestorPlace Senior Financial News Reporter
Credit card rates have been climbing all year, recently hitting the highest level since 1991. What do more rate hikes mean for credit cards?

5 Investors Betting Big on Meta Materials (MMAT) Stock Right Now

By Eddie Pan, InvestorPlace Financial News Writer
The date of record for the MMAT stock spinoff of MMTLP shares for shares of Next Bridge Hydrocarbons is quickly approaching.

Why Is Rent the Runway (RENT) Stock Rocketing 70% Today?

By Josh Enomoto, InvestorPlace Contributor
Apparel sharing platform Rent the Runway delivered outstanding sales results, sending RENT stock soaring on Thursday.

The Toys R Us Owner Just Made a Big Bet on Express (EXPR) Stock

By Bret Kenwell, InvestorPlace Contributor
Express is in focus on Thursday, as EXPR stock is up more than 40% on the day. The move comes after a new partnership with WHP Global.

Director Matthew Jacobson Is Betting Big on Datadog (DDOG) Stock

By Samuel O'Brient, InvestorPlace Reporter
Datadog board member Matthew Jacobson has been buying up DDOG stock in spades. Here's why he may be right to acquire it now.

APRN Stock Alert: What to Know About Blue Apron Layoffs

By Josh Enomoto, InvestorPlace Contributor
Although Blue Apron layoffs should bolster the meal-kit pioneer’s business, APRN stock may be too far down to matter.

FTX’s Sam Bankman-Fried Facing Market Manipulation Inquiry, Possible Subpoena

By Brenden Rearick, InvestorPlace Financial News Writer
Members of Congress are making clear that Sam Bankman-Fried won't be able to delay his FTX testimony. Meanwhile, Feds are launching a probe.

Insiders Buying Carvana (CVNA) Stock in 2022 Are DEEP in the Red

By Eddie Pan, InvestorPlace Financial News Writer
Shares of CVNA stock are accelerating higher after suffering a massive 42% drop yesterday. Meanwhile, insiders are deep in the red.

Plaid Layoffs 2022: What to Know About the Latest Fintech Job Cuts

By William White, InvestorPlace Writer
Plaid layoffs are a hot topic on Thursday as the financial tech company cuts 20% of its workforce due to macroeconomic reasons.

Why GameStop (GME) Stock Could Fall 75% From Here

By William White, InvestorPlace Writer
GameStop (GME) stock could be ready to fall even further as one analyst predicts a 75% drop in the video game retailer's shares.

AMC Stock: Do the AMC Bankruptcy Rumors Hold Water?

By Samuel O'Brient, InvestorPlace Reporter
A report has raised the possibility that AMC Entertainment is facing bankruptcy. Here's why AMC stock won't overcome its mounting problems.

Why Is Xpeng (XPEV) Stock Up 4% Today?

By William White, InvestorPlace Writer
Xpeng (XPEV) stock is climbing higher on Thursday as investors continue to hold out hope for easing Covid-19 restrictions in China.

DIS Stock Alert: What to Know as Disney Debuts Ad-Supported Tier

By David Moadel, InvestorPlace Contributor
DIS stock traders might worry Disney's streaming unit is an underachiever. However, a new, basic service level could make a difference.

Billionaire Dan Loeb Just Gave Up on Cano Health (CANO) Stock

By William White, InvestorPlace Writer
Cano Health (CANO) stock is falling hard on Thursday following news that billionaire investor Dan Loeb has given up on the company.

Mullen (MULN) Stock Treks Higher on Vice President Hire

By Eddie Pan, InvestorPlace Financial News Writer
MULN stock opened in the green after the company announced it had hired Ford veteran Donald Borthwick as its VP of commercial sales.

CVNA Stock Price Prediction: Is Carvana Really Worth Just $1?

By David Moadel, InvestorPlace Contributor
CVNA stock is extra-volatile amid talk of a possible Carvana restructuring along with a harsh analyst downgrade.

Transocean (RIG) Stock Jumps on New Contract Awards

By William White, InvestorPlace Writer
Transocean (RIG) stock is rising on Thursday after announcing $1.04 billion in new contract awards from a national oil company.

AMC Entertainment (AMC) Stock Rebounds Amid Bankruptcy Fears

By Dana Blankenhorn, InvestorPlace Contributor
AMC CEO Adam Aron rode the meme wave all the way into shore and now has little but operating losses and a volatile AMC stock to show for it.
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