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

ENOB Stock Gains 20% Following Founder Arrest, Hindenburg Short

By Shrey Dua, InvestorPlace Senior Financial News Reporter
Enochian Bioscience is in the green today following the shocking arrest of the company founder earlier this week. ENOB stock closed up 20%.

LCID Stock Gains 8% as Lucid Hires New Quality Oversight Exec

By Eddie Pan, InvestorPlace Financial News Writer
LCID stock is in the green following an executive switch-up and vehicle recall. Nicolas Minbiole will now oversee manufacturing quality.

7 Big Stock Splits to Watch in 2022

By Samuel O'Brient, InvestorPlace Reporter
Wondering which companies are planning stock splits this summer? Here are the stocks to watch for new investment opportunities.

Stablecoin Policy Interest Remains Hot as Finance Bigwigs Dish on CBDCs

By Brenden Rearick, InvestorPlace Financial News Writer
Stablecoin talk remains hot as financial leaders discuss a growing desire to implement CBDCs around the globe.

GME Stock Pops 12% as Investors Bet on New GameStop Short Squeeze

By Shrey Dua, InvestorPlace Senior Financial News Reporter
GameStop is once again on Wall Street's watch list as GME stock soars 12%. It seems renewed short interest is behind the meme stock's climb.

Vice President Paul Breaux Just Bought Carvana (CVNA) Stock. Here’s Why.

By Eddie Pan, InvestorPlace Financial News Writer
Shares of CVNA stock are in the spotlight following an insider transaction from VP Paul Breaux. Breaux purchased 15,000 shares on May 20.

What to Know About the Twitter Class-Action Lawsuit Against Elon Musk

By Chris MacDonald, InvestorPlace Contributor
Today, shareholders in Twitter and TWTR stock have yet another catalyst to factor into their models: a class-action lawsuit against Musk.

Fastly (FSLY) Stock Gains 10% on Plans to Repurchase Convertible Notes

By Chris MacDonald, InvestorPlace Contributor
Today, shareholders of FSLY stock are cheering an announcement that Fastly will repurchase senior convertible notes due 2026.

Billionaire Philippe Laffont Bets on EV Stocks TSLA, RIVN, LCID

By Eddie Pan, InvestorPlace Financial News Writer
Let's take a look into billionaire Philippe Laffont's 13F portfolio. The veteran manager owns stakes in EV stocks TSLA, RIVN and LCID.

Why Is NRx Pharmaceuticals (NRXP) Stock Down 60% Today?

By Chris MacDonald, InvestorPlace Contributor
Today, investors in NRx Pharmaceuticals and NRXP stock have seen heavy selling pressure as a key trial was stopped due to futility.

Why Is Kraft Heinz (KHC) Stock Down Today?

By Chris MacDonald, InvestorPlace Contributor
Today, even ketchup and mustard sales are getting a downgrade, as two key catalysts take KHC stock down more than 6% as the market rallies.

Terra’s New LUNA Crypto Drops Tomorrow. Here’s Where to Buy LUNA 2.0.

By Brenden Rearick, InvestorPlace Financial News Writer
The new LUNA crypto is set to launch tomorrow. A host of exchanges are helping the network out with their own LUNA 2.0 listings.

Tether Launches New MXNT Stablecoin. What to Know.

By William White, InvestorPlace Writer
Tether (USDT) is in the news today as the organization behind the USDT stablecoin launches a new Mexican stablecoin today.

Why Are Chinese Stocks BABA, BIDU, IQ, JD Up Today?

By Shrey Dua, InvestorPlace Senior Financial News Reporter
Chinese stocks are enjoying a strong day in the markets so far after a number of companies reported better-than-expected earnings results.

RadioShack Price Predictions: How High Can the RADIO Crypto Go?

By William White, InvestorPlace Writer
RadioShack (RADIO) price predictions are a hot topic with crypto traders after the electronics store returned to join the crypto market.

Joby Aviation (JOBY) Stock Treks Higher on FAA Approval

By William White, InvestorPlace Writer
Joby Aviation (JOBY) stock is flying higher on Thursday after getting an update from the Federal Aviation Administration (FFA).

PLTR Stock Gains 4% as Palantir Announces New Partnerships

By William White, InvestorPlace Writer
Palantir (PLTR) stock is getting a boost on Thursday after announcing a couple of new partnerships for its Foundry operating system.

Jefferies Says TSLA Stock Is a Risky Buy Thanks to Elon Musk

By Samuel O'Brient, InvestorPlace Reporter
Another analyst has reduced their TSLA stock price target. Here's what investors need to know about this bearish take from Jefferies.

Ethereum Price Predictions: Will Ethereum Recover?

By Larry Ramer, InvestorPlace Contributor
Ethereum has tumbled below the key $2,000 threshold today. However, some websites are still issuing bullish Ethereum price predictions.
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