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

Tornado Cash Still Receiving Tether Support, Despite U.S. Sanctions

By Brenden Rearick, InvestorPlace Financial News Writer
Stablecoin company Tether says it's under no obligation to follow U.S. sanctions against Tornado Cash. Only time will tell whether it's true.

Billionaire Steven Cohen Just Made a Big Bet on Minerva Neurosciences (NERV) Stock

By Eddie Pan, InvestorPlace Financial News Writer
Shares of NERV stock are exploding higher following a significant purchase by Point72's Steve Cohen and the submission of an NDA.

Why Is Revlon (REV) Stock Plunging Today?

By Bret Kenwell, InvestorPlace Contributor
Revlon investors are not happy with today's ruling, as a judge ruled against appointing an equity committee. REV stock fell on the news.

Why Is Petco (WOOF) Stock Falling 6% Today?

By Josh Enomoto, InvestorPlace Contributor
While pet ownership rates highly in the U.S., someone forgot to tell that to Petco’s poor Q2 report, which sent WOOF stock plunging.

Why Are Cruise Stocks Powering Up Today?

By Bret Kenwell, InvestorPlace Contributor
Norwegian Cruise Line, Royal Caribbean and Carnival stocks are all rallying on the day, as cruise stocks see another positive catalyst.

Why Are Psychedelics Stocks Up Today?

By Eddie Pan, InvestorPlace Financial News Writer
Shares of SEEL stock are in the green after the company received a grant from the Michael J. Fox Foundation to advance its SLS-004 candidate.

Is Cathie Wood Losing Faith in Nvidia (NVDA) Stock?

By Samuel O'Brient, InvestorPlace Reporter
Cathie Wood just sold off NVDA stock after Nvidia lowered its revenue forecasts ahead of Q2 earnings. Here's what that means.

Celsius Network Claps Back at Old Partners With a Pair of Lawsuits

By Brenden Rearick, InvestorPlace Financial News Writer
Celsius Network is launching two legal actions against old partners, both of which it accuses of taking assets belonging to the company.

Why Are Hydrogen Stocks Heating Up Today?

By Chris MacDonald, InvestorPlace Contributor
Today, investors in a wide range of hydrogen stocks are seeing prices bid up as the market factors in a big catalyst for this sector.

What Is Going on With MindMed (MNMD) Stock Today?

By Chris MacDonald, InvestorPlace Contributor
Today, investors in MindMed and MNMD stock are pricing in a number of catalysts, driving the value of this speculative stock higher.

Terra Classic Price Predictions: Where Will the LUNC Crypto Go Next?

By William White, InvestorPlace Writer
Terra Classic (LUNC) price predictions are a hot topic on Wednesday as the crypto gets an unexpected boost from social media.

Is Getty Images (GETY) the Next Big Short Squeeze?

By Samuel O'Brient, InvestorPlace Reporter
Getty Images may not be the short squeeze candidate some have hailed it as. Here's why GETY stock may still be a good long-term bet.

What Is Going on With Qurate Retail (QRTEA) Stock Today?

By William White, InvestorPlace Writer
Qurate Retail (QRTEA,QRTEB,QRTEP) stock is in the news today after the company announced changes to its leadership team.

Inuit (INTU) Stock Jumps 5% on Upbeat Full-Year Forecast

By Josh Enomoto, InvestorPlace Contributor
Fears that Intuit’s fiscal Q4 earnings report could suffer from broader economic weaknesses were misplaced, thus lifting INTU stock.

Will Student Loan Forgiveness Make Inflation Worse?

By Shrey Dua, InvestorPlace Senior Financial News Reporter
Student loan forgiveness is on everyone's minds as President Joe Biden announces a three-part plan. What does this mean for inflation?

Tattooed Chef (TTCF) Stock Jumps 10% on Walmart Deal

By William White, InvestorPlace Writer
Tattooed Chef (TTCF) stock is heading higher on Wednesday as investors react to a new distribution deal with Walmart (WMT).

CEO Charles Cohn Just Bet Big on Nerdy (NRDY) Stock

By Eddie Pan, InvestorPlace Financial News Writer
On Aug. 20, CEO Charles Cohn purchased 5 million shares of NRDY stock at an average price of $3.50 per share.

Why Is Farfetch (FTCH) Stock Up 15% Today?

By David Moadel, InvestorPlace Contributor
FTCH stock is on the move today as Farfetch leverages its popular e-commerce platform to digitize the luxury retail industry.

Coinbase: Could a Shift in Business Model Aid COIN Stock?

By Brenden Rearick, InvestorPlace Financial News Writer
Coinbase is looking to shift away from its reliance on trading fees for revenue by offering more subscription-based crypto services.
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