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

MercadoLibre Stock Split: Will MELI Investors See Wishes Come True Today?

MercadoLibre stock is up on Thursday as investors are hoping a split for MELI shares will be announced after markets close today.

Intel CEO Pat Gelsinger Is Doubling Down on Mobileye (MBLY) Stock

MBLY stock is in focus after Intel CEO Pat Gelsinger disclosed a $100,000 insider purchase. Here's what you need to know.

LCID Stock: Lucid Motors Announces New Saudi EV Partnership

Lucid Motors is joining forces with the King Abdulaziz City for Science and Technology (KACST). Here's why this is good news for LCID stock.

JPMorgan Just Raised Its Price Target on Carvana (CVNA) Stock

Carvana stock is climbing higher on Thursday after shares of CVNA got an increased price target and upgrade from JPMorgan analyst Rajat Gupta.

Emergent BioSolutions Layoffs 2024: What to Know About the Latest EBS Job Cuts

Emergent BioSolutions layoffs have the life sciences company cutting 300 jobs as it also plans to close down two of its facilities.

Truist Just Cut Its Price Target on Rivian (RIVN) Stock

Rivian is slated to report its Q1 earnings on May 7 after the market close, although Truist Securities lowered its price target ahead of time.

Why Is Allarity Therapeutics (ALLR) Stock Up 39% Today?

Allarity Therapeutics stock is rising higher on Thursday as investors in ALLR celebrate the company ending a clinical trial early.

PLUG Stock: Plug Power Expands Cryogenic Sales

Plug Power stock is up on Thursday after the hydrogen and fuel cell company excited investors by announcing new cryogenic supply contracts.

Why Are Stocks Up Today?

Fed Chairman Jerome Powell yesterday appeared to rule out interest rate hikes for the foreseeable future. His statements sent stocks up today.

Peloton Layoffs 2024: What to Know About the Latest PTON Job Cuts

Peloton hopes the latest round of layoffs, combined with stabilizing subscription revenue, will lead to positive cash flow.

Why Is Freshworks (FRSH) Stock Down 17% Today?

Freshworks stock is falling on Thursday as FRSH investors learn of its CEO stepping down and react to lackluster 2024 guidance.

Trade of the Day: Buy Cameco (CCJ) Stock Call Options and Bet on a Uranium Rebound

Although Cameco’s uranium business may be controversial, the necessity of the energy asset could drive CCJ stock higher.

Why Is Fastly (FSLY) Stock Down 36% Today?

Fastly stock is falling on Thursday as FSLY investors react to weak guidance and mixed results in its earnings report for Q1 2024.

Why Is Carvana (CVNA) Stock Up 36% Today?

Carvana stock is up on Thursday after the company surprised CVNA investors with record profits and revenue during the first quarter of 2024.

Why Is Emergent BioSolutions (EBS) Stock Up 57% Today?

Emergent BioSolutions stock is up on Thursday after the life sciences company posted a surprising profit and strong earnings in Q1 2024.

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

Pre-market stock movers are worth checking out with our coverage of all the latest and greatest news happening on Thursday!

Should You Buy Lucid Motors (LCID) Stock Before May 6?

Are you considering buying LCID stock before May 6th? Here's why Lucid still looks like an overall buy before it reports earnings.

Get Ready for Fed Rate Cuts: How a Seemingly Niche New Fed Policy Decision Is Paving the Way for Change

As expected, the Fed opted to hold rates steady at today's FOMC meeting. However, a reduction in QT may hint at Fed rate cuts to come.

DJT Stock Earns Donald Trump Another $1.8 Billion Payout

Although Trump Media & Technology has yielded big rewards on paper for Donald Trump, DJT stock still faces a complex road ahead.