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

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

By William White, InvestorPlace Writer
It's time for the last breakdown of the biggest pre-market stock movers of the week as we look at what's happening Friday morning!

Meta Furthers Web 3.0 Push With Instagram NFTs and Rebranded Meta Pay Service

By Brenden Rearick, InvestorPlace Financial News Writer
Meta Platforms is continuing its push into the world of Web 3.0 by testing NFTs on Instagram and revamping Facebook Pay.

Snowflake (SNOW) Stock Soars on ‘Elite’ JPMorgan Upgrade

By Eddie Pan, InvestorPlace Financial News Writer
Shares of SNOW stock closed higher by over 12% after JPMorgan analyst Mark Murphy upgraded the company from "neutral" to "overweight."

How Do Higher Rates Affect Housing Market Affordability?

By Shrey Dua, InvestorPlace Senior Financial News Reporter
Housing market affordability is in focus lately amid impending rate hikes. Home prices are red-hot despite falling demand.

Revlon (REV) Stock Has Gained 250% in 5 Days Amid Bankruptcy Squeeze

By Chris MacDonald, InvestorPlace Contributor
Today, investors and speculators are lining up once again to grab a piece of REV stock, which has been a high-flyer of late.

Why Are Oil Stocks Down Today?

By Chris MacDonald, InvestorPlace Contributor
Given rather weak forward expectations of demand right now, oil stocks are getting hit hard as recession fears loom large.

CELH Stock Alert: Is Pepsi About to Buy Celsius?

By Chris MacDonald, InvestorPlace Contributor
Today, investors in Celsius Energy and CELH stock are weighing whether a potential buyout from Pepsi could be on the table.

Billionaire Ray Dalio Doubled His Bet Against European Stocks. Here’s Why.

By Eddie Pan, InvestorPlace Financial News Writer
Billionaire Ray Dalio has disclosed a $10.5 billion short position against 28 European stocks, including ASML, SAP and ADDYY.

KB Home (KBH) Stock Shakes Off Housing Market Crash Fears With Q2 Beat

By Chris MacDonald, InvestorPlace Contributor
Today, investors in KBH stock are cheering some very positive earnings as well as a bullish outlook from this home builder.

Lucid Motors (LCID) Stock Heats Up Ahead of Russell 3000 Entry

By Chris MacDonald, InvestorPlace Contributor
Today, investors in Lucid Motors and LCID are clearly in buying mode, as the EV maker is set to join the Russell 300 index tomorrow.

Netflix Layoffs June 2022: What to Know About Netflix’s Latest Job Cuts

By Chris MacDonald, InvestorPlace Contributor
A second round of Netflix layoffs has investors keeping a close eye on the streaming giant. Is this a sign it can turn things around?

Coinbase Announces Consolidation of Pro Exchange, COIN Stock Jumps

By Brenden Rearick, InvestorPlace Financial News Writer
Coinbase is announcing plans to dissolve the Coinbase Pro app, moving many of the best features to the company's flagship app.

Why Is Blue Hat (BHAT) Stock Up 345% Today?

By William White, InvestorPlace Writer
Blue Hat (BHAT) stock is rocketing higher on Thursday after the company announced plans to shelve a public stock offering.

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?
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