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

Nathan’s Famous Posts Q4 Results Amid Hot Dog Eating Contest Drama

By William White, InvestorPlace Writer
Nathan’s Famous has posted its fiscal Q4 2024 earnings report all while caught up in drama over its hot dog eating contest this year.

Best Buy Layoffs 2024: What to Know About the Latest BBY Job Cuts

By William White, InvestorPlace Writer
Best Buy layoffs are a hot topic on Wednesday as the electronics and appliances retailer deals with slowing sales alongside inflation.

Is Oracle (ORCL) Stock the Next Nvidia?

By Larry Ramer, InvestorPlace Contributor
ORCL stock is trending and rallying this morning after Oracle announced major new partnerships and released quarterly results. 

Citron Research Abandons GameStop (GME) Stock Short Position

By Eddie Pan, InvestorPlace Financial News Writer
Citron has closed its GME stock short position, likely for a loss. The short seller cited market irrationality and GameStop's cash balance.

Ford Layoffs 2024: What to Know About the Latest Ford Job Cuts

By William White, InvestorPlace Writer
Ford layoffs are a hot topic among traders today as the automotive company prepares to cut more than 1,000 jobs in Spain.

Nio Stock Stumbles as European Union Levies New Chinese EV Tariffs

By Dana Blankenhorn, InvestorPlace Contributor
Nio is shuffling its sales effort, shifting emphasis to the Middle East while claiming "unwavering" support for Europe.

ACHR Stock Alert: Archer Aviation Hits Another eVTOL Milestone

By William White, InvestorPlace Writer
Archer Aviation stock is up on Wednesday as ACHR investors celebrate its eVTOL Midnight aircraft reaching a new milestone.

FedEx Layoffs 2024: What to Know About the Latest FDX Job Cuts

By William White, InvestorPlace Writer
FedEx layoffs will have the delivery company cutting up to 2,000 jobs in Europe as demand for its services are waning after the pandemic.

Oracle Is Giving Beamr Imaging (BMR) Stock a Big Boost Higher

By Dana Blankenhorn, InvestorPlace Contributor
The small Israeli company may now be an outstanding acquisition candidate, a fit for Oracle's Cerner unit. BMR stock is skyrocketing.

Why Is Tonix Pharmaceuticals (TNXP) Stock Down 40% Today?

By William White, InvestorPlace Writer
Tonix Pharmaceuticals stock is down on Wednesday after the company announced a proposed public offering for TNXP shares.

Why Is ThermoGenesis (THMO) Stock Down 37% Today?

By William White, InvestorPlace Writer
ThermoGenesis stock is down on Wednesday after the company notified investors of a potential delisting of THMO shares next week.

Why Is Golden Heaven (GDHG) Stock Up 62% Today?

By William White, InvestorPlace Writer
Golden Heaven stock is up on Wednesday with shares of GDHG experiencing heavy trading this morning without any clear news.

Why Is Sify Technologies Limited – Rights (SIFYR) Stock Moving Today?

By William White, InvestorPlace Writer
Sify Technologies Limited – Rights stock is on the move Wednesday as SIFYR investors in SIFYR prepare for the ADS rights to be delisted soon.

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

By William White, InvestorPlace Writer
Pre-market stock movers are worth checking out as we dive into all of the biggest news sending shares higher and lower on Wednesday morning!

Dear FFIE Stock Fans, Mark Your Calendars for June 12

By Samuel O'Brient, InvestorPlace Reporter
Faraday Future is about to restart deliveries but it only plans to delivery one EV. Here's what this means for FFIE stock.

Evercore ISI Just Raised Its Price Target on Nvidia (NVDA) Stock

By Josh Enomoto, InvestorPlace Contributor
Although Nvidia has no shortage of supporters, Evercore ISI analysts got people talking with an aggressive fundamental target for NVDA stock.

APP Stock Alert: Apple Deals AppLovin Blow, Sends Shares Falling

By Josh Enomoto, InvestorPlace Contributor
With Apple making a change to its ad attribution framework, AppLovin’s data analytics business could be impacted, thus hurting APP stock.

7 Things to Know About Nio’s New Onvo and ‘Firefly’ Brands

By Eddie Pan, InvestorPlace Financial News Writer
Nio has plans to launch its Onvo brand and Firefly, the project name for a new EV brand. Both brands will be cheaper than Nio's core EVs.

PPI Report Threatens Yet Another Stock Market Crash Catalyst on June 13

By Shrey Dua, InvestorPlace Senior Financial News Reporter
The May Producer Price Index (PPI) report releases this Thursday, June 13, just a day after the consumer-facing CPI and FOMC meeting.
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