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 Is Clovis Oncology (CLVS) Stock Down 72% Today?

By William White, InvestorPlace Writer
Clovis Oncology (CLVS) stock is crashing on Wednesday as investors react to news of the drug company running out of cash!

Astra Layoffs 2022: ASTR Stock Falls as Astra Space Cuts 16% of Staff

By William White, InvestorPlace Writer
Astra Space (ASTR) layoffs are in the news as the rocket company shifts focus away from its satellite space services offerings.

Intel Layoffs 2022: What to Know About INTC Job Cuts, Hiring Freeze

By William White, InvestorPlace Writer
Intel (INTC) layoffs are reportedly in the works as the company prepares to reduce its headcount due to slowing PC demand.

What to Know About Solana and FTX as the SOL Crypto Plummets

By Brenden Rearick, InvestorPlace Financial News Writer
The Solana network is being bludgeoned as a result of the drama that is sweeping across FTX and Alameda Research.

Mark Zuckerberg Confirms: Meta Layoffs Will Cut 11,000 Employees

By William White, InvestorPlace Writer
Meta (META) layoffs are a hot topic on Wednesday after founder and CEO Mark Zuckerberg confirmed 11,000 job cuts, or 13% of employees.

Redfin Layoffs 2022: RDFN Stock Sinks as Redfin Cuts 13% of Workforce

By David Moadel, InvestorPlace Contributor
An announcement of Redfin layoffs seems to have taken the market by surprise, as RDFN stock traders are dumping their shares today.

Lucid (LCID) Stock Tumbles as Car Reservations Drop

By David Moadel, InvestorPlace Contributor
LCID stock can't seem to stay afloat today as Lucid releases disappointing financial figures and announces a drop in vehicle reservations.

Mullen (MULN) Stock Revs Higher on Newgate Motor Deal

By Eddie Pan, InvestorPlace Financial News Writer
MULN stock is in the green after Mullen announced that it had secured a 500-vehicles-per-year purchase order from Newgate Motor Group.

Upstart (UPST) Stock Sinks on Gloomy Forecast

By William White, InvestorPlace Writer
Upstart (UPST) stock is sliding lower on Wednesday following a poor performance in the third quarter of 2022 and a weak outlook.

Why Is Merrimack Pharmaceuticals (MACK) Stock Up 220% Today?

By William White, InvestorPlace Writer
Merrimack Pharmaceuticals (MACK) stock is rocketing higher on Wednesday following positive Phase III clinical trial data.

BBBY Stock Alert: Bed Bath & Beyond Strikes a Deal to Avoid Cash Crunch

By Joel Baglole, InvestorPlace Contributor
BBBY stock continues to trend lower on reports that the firm is issuing more stock in an effort to raise cash and avoid a financial crisis.

Disney (DIS) Stock Slumps as Inflation Takes a Toll

By William White, InvestorPlace Writer
Disney (DIS) stock is falling on Wednesday after the entertainment company released earnings results for its fiscal fourth quarter of 2022.

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

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

5 Investors Still Betting Big on Robinhood (HOOD) Stock

By Eddie Pan, InvestorPlace Financial News Writer
HOOD stock is falling lower in the wake of the collapse of FTX's native token, FTT. FTX's CEO is a major shareholder of Robinhood.

Why Did Crypto Crash This Week?

By Brenden Rearick, InvestorPlace Financial News Writer
Why did crypto crash this week? Low expectations around the October CPI report and FTX's sudden meltdown are driving prices downward.

HOOD Stock Alert: Why Is Robinhood Down 15% Today?

By Bret Kenwell, InvestorPlace Contributor
Robinhood is getting whacked on Tuesday, with shares down almost 20%. It comes on worries of FTX and its CEO's large stake in HOOD stock.

FTX Alert: 10 Things to Know as Binance Offers to Buy Sam Bankman-Fried’s FTX

By Eddie Pan, InvestorPlace Financial News Writer
Binance CEO Changpeng Zhao has offered to buy FTX as the company faces a liquidity crunch. The offer is non-binding and can be withdrawn.

MSTR Stock Alert: Why Is MicroStrategy Down 20% Today?

By Chris MacDonald, InvestorPlace Contributor
Here's why investors in MicroStrategy and MSTR stock are rushing for the exits today, on a very ugly day in the world of crypto.

Kohl’s (KSS) Stock Jumps 8% as CEO Steps Down

By Josh Enomoto, InvestorPlace Contributor
With news that Kohl’s CEO is stepping down, KSS stock jumped higher amid investors anticipating a fresh start to an embattled journey.
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