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 Does SoftBank Keep Selling SOFI Stock?

By Eddie Pan, InvestorPlace Financial News Writer
SoftBank has sold off more shares of SOFI stock, this time selling 18.22 million shares on Aug. 16. What's the reason behind these sales?

7 Stocks to Watch in Case China-Taiwan Tensions Rise

By Samuel O'Brient, InvestorPlace Reporter
Investors are wondering if China will attack Taiwan. While no one knows for sure, here are the stocks to watch if hostilities breakout.

Coinbase Ready to Flip the Switch on Staking if Regulators Turn up the Heat

By Brenden Rearick, InvestorPlace Financial News Writer
Coinbase CEO Brian Armstrong says the company would give up its lucrative Ethereum staking before censoring transactions.

GigaCloud (GCT) Stock Pops 40% on First Day of Trading

By Samuel O'Brient, InvestorPlace Reporter
GigaCloud Technology launched its IPO today. Here's why GCT stock is worth watching and may have long-term growth potential.

Is Billionaire David Shaw Losing Faith in Tesla (TSLA) Stock?

By Eddie Pan, InvestorPlace Financial News Writer
Acclaimed hedge fund manager David Shaw reported selling 30% of his TSLA stock stake during Q2 in the midst of Musk's legal battle.

Billionaire Stanley Druckenmiller Just Doubled Down on Palantir (PLTR) Stock

By Bret Kenwell, InvestorPlace Contributor
Palantir stock has been buried in 2022 and remains about 80% below its all-time high. Yet, Stanley Druckenmiller continues to buy PLTR stock.

What Is Going on With Neptune Wellness (NEPT) Stock Today?

By Bret Kenwell, InvestorPlace Contributor
Neptune Wellness shares are rocketing higher, up more than 100% on the day. Here's what's driving NEPT stock higher on the day.

Why Is Verizon (VZ) Stock Down Today?

By Josh Enomoto, InvestorPlace Contributor
Although Verizon generated significant growth in 2021, its promotional blitz now presents a liability for VZ stock in 2022.

Why Are Semiconductor Stocks WOLF, ON Up Today?

By Shrey Dua, InvestorPlace Senior Financial News Reporter
Semiconductor stocks are climbing today after U.S. chipmaker Wolfspeed shattered expectations in its earnings call this morning.

Billionaire Philippe Laffont Doubled Down on Lucid (LCID) Stock

By Eddie Pan, InvestorPlace Financial News Writer
Billionaire Philippe Laffont purchased 4.46 million shares of LCID stock during Q2, increasing his existing position by 150%.

Is Billionaire Chase Coleman Losing Faith in Xpeng (XPEV) Stock?

By Chris MacDonald, InvestorPlace Contributor
Today, investors in Xpeng and XPEV stock are in selling mode, as 13-F filings showing sales from the likes of Tiger Global hurt confidence.

Billionaire Philippe Laffont Just Doubled Down on Li Auto (LI) Stock

By Chris MacDonald, InvestorPlace Contributor
Today, investors in Li Auto and LI stock are seeing increased interest in the EV name following an investment from Coatue.

Canadian Solar (CSIQ) Rises 16% on Earnings Beat

By Josh Enomoto, InvestorPlace Contributor
Canadian Solar’s strong Q2 earnings report and full-year sales guidance upgrade are bolstering the bulls to bid up CSIQ stock.

DEN Stock Alert: What to Know as Denbury Explores Strategic Sale

By William White, InvestorPlace Writer
Denbury (DEN) stock is catching the attention of investors Thursday following a report that the oil company is considering a strategic sale.

Can Elliott Management Save Aerojet Rocketdyne (AJRD) Stock?

By Shrey Dua, InvestorPlace Senior Financial News Reporter
Elliot Management recently purchased a 3.7% stake in Aerojet Rocketdyne. AJRD stock has been climbing on the news.

Dear AAPL Stock Fans, Mark Your Calendars for Sept. 7

By William White, InvestorPlace Writer
Fans of Apple (AAPL) stock will want to keep their calendars open for Sept. 7 as that's reportedly when its next event will take place.

Shopify CEO Tobias Lütke Just Bought Coinbase (COIN) Stock

By Eddie Pan, InvestorPlace Financial News Writer
Shopify CEO Tobi Lütke just disclosed the purchase of 3,930 shares of COIN stock through a prearranged 10b5-1 trading plan.

BLUE Stock Moves as FDA Approves Bluebird Bio’s Gene Therapy

By William White, InvestorPlace Writer
Bluebird Bio (BLUE) stock is on the move Thursday following FDA approval for beta-thalassemia treatment ZYNTEGLO in adults and children.

Nova Labs’ Announces FreedomFi Acquisition to Speed Up 5G Development

By Brenden Rearick, InvestorPlace Financial News Writer
Nova Labs is looking to expedite its push into the 5G realm. The company's acquisition of FreedomFi is sure to help with that.
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