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

Airline Stocks Fall as American, United Continue to Cut Flights

By William White, InvestorPlace Writer
Airline stocks are slipping on Thursday as companies are continuing to cut flights amid pilot shortages and other problems.

Top Hedge Fund AQR Is Betting Against AMC Stock. Here’s Why.

By Eddie Pan, InvestorPlace Financial News Writer
Cliff Asness of AQR recently announced that he is short AMC stock, angering bulls on Twitter. The position is only 0.12% of AQR's portfolio.

Short Squeeze Hopes Take Weber (WEBR) Stock 13% Higher

By William White, InvestorPlace Writer
Weber (WEBR) stock is on the move Thursday as retail traders push for a short squeeze of the American grill company's shares.

Novavax (NVAX) Stock Gains 7% on EMA Recommendations

By William White, InvestorPlace Writer
Novavax (NVAX) stock is gaining Thursday on news of a recommendation for the vaccine company's Covid-19 shot for teens in Europe.

Dear BBIG Stock Fans, Mark Your Calendars for June 29

By Shrey Dua, InvestorPlace Senior Financial News Reporter
BBIG stock is climbing today after Vinco Ventures announced June 29 as the distribution date for its Cryptyde spinoff.

How Could Higher Interest Rates Cause a Recession?

By Shrey Dua, InvestorPlace Senior Financial News Reporter
The Federal Reserve is expected to hike interest rates by a hefty 75 basis points next month. Could higher interest rates cause a recession?

TSLA Stock News: Get Ready for the Cybertruck in 2023

By Larry Ramer, InvestorPlace Contributor
Tesla (TSLA) CEO Elon Musk said that the cybertruck would be produced beginning in mid-2023. TSLA stock is rising slightly.

Polygon Network Leads Market Gainers With DAO Cleanup Efforts

By Brenden Rearick, InvestorPlace Financial News Writer
The Polygon network is leading top projects today as it rolls out changes to its DAO structure and welcomes more whale investments.

Polygon Price Predictions: Where Will the Red-Hot MATIC Crypto Go Next?

By Larry Ramer, InvestorPlace Contributor
Polygon's coin rallied sharply yesterday and climbed 23% today. A number of websites issued bullish MATIC crypto price predictions.

Tesla’s ‘Gigantic Money Furnace’ Factories Won’t Slow Down TSLA Stock

By Samuel O'Brient, InvestorPlace Reporter
Elon Musk has called two Tesla factories "money furnaces." Here's why TSLA stock can still rise in the months ahead.

SIGA Stock Rises After Announcing $13 Million Worth of Orders for Smallpox Drug

By William White, InvestorPlace Writer
SIGA Technologies (SIGA) stock is heading higher on Thursday after the company announced $13 million worth of TPOXX orders.

Why Are Chinese EV Stocks NIO, LI, XPEV Climbing Higher Today?

By Eddie Pan, InvestorPlace Financial News Writer
Chinese EV stocks are in the green today following an announcement that the Chinese government may extend EV tax redemptions.

Rite Aid (RAD) Stock Pops on Q1 Revenue Beat

By William White, InvestorPlace Writer
Rite Aid (RAD) stock is running higher Thursday morning after the company revealed its earnings report for the fiscal first quarter of 2023.

KSS Stock Alert: 10 Things to Know as Franchise Group Considers Lowering Its Bid for Kohl’s

By William White, InvestorPlace Writer
Kohl's (KSS) stock is in the news today as reports claim that Franchise Group is considering decreasing its bid to acquire the retailer.

Why Is Ideanomics (IDEX) Stock Climbing Higher Today?

By Larry Ramer, InvestorPlace Contributor
Ideanomics is partnering with a European firm on a battery assembly factory. IDEX stock has jumped about 20% in the last five trading days.

Phoenix Motors (PEV) Stock Gains 45% on ATIF Investment

By Joel Baglole, InvestorPlace Contributor
PEV stock has risen more than 100% in the past two days and appears to be caught in a short squeeze by investors.

Warren Buffett Keeps Buying OXY Stock

By Joel Baglole, InvestorPlace Contributor
OXY stock is up 3% today on reports that legendary investors Warren Buffett has bought more shares of the company over the last week.

GGPI Stock Heats Up as Polestar SPAC Merger Closes

By Joel Baglole, InvestorPlace Contributor
One of the hottest SPAC deals of the year is set to conclude today after shareholders of GGPI stock approved the merger with Polestar.

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

By William White, InvestorPlace Writer
Good morning, investors! We're starting off the day with an overview of the biggest pre-market stock movers for Thursday!
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