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 Are Stocks Up Today?

By Shrey Dua, InvestorPlace Senior Financial News Reporter
Stocks are soaring today with the S&P, Nasdaq and Dow well in the green heading into the afternoon. Why are stocks up today?

Wolfe Research Just Issued a Critical Alert on SunPower (SPWR) Stock

By William White, InvestorPlace Writer
SunPower stock is falling hard Wednesday alongside a downgrade for SPWR shares and a warning against its recent meme rally.

GameStop Faces GME Stock Halts as Shares Pull Back From Roaring Kitty Rally

By William White, InvestorPlace Writer
GameStop stock is down on Wednesday alongside GME trading halts as it comes down off of a recent high from the Roaring Kitty rally.

Short Squeeze Stocks Alert: The Rally Could Already Be Over

By William White, InvestorPlace Writer
The meme stocks rally that saw several stocks increase in price may already be over as the short squeeze of these shares runs out of steam.

Red Lobster Closures 2024: Is Your Favorite Restaurant Closing?

By William White, InvestorPlace Writer
Red Lobster closures have the restaurant company shutting down dozens of locations as it prepares for a potential bankruptcy filing.

NIO Stock Alert: JPMorgan Pulls Its ‘Sell’ Rating on Nio Shares

By Samuel O'Brient, InvestorPlace Reporter
A JPMorgan analyst has issued a less negative take on Chinese automaker Nio. Here's why NIO stock can rise from here.

Cream Cheese Recalls 2024: What to Know as New Recalls Hit Aldi

By William White, InvestorPlace Writer
Cream cheese recalls are in effect as two grocery chains in the U.S. are warning of a potential salmonella contamination in their products.

Revenue Growth and Short Squeeze Hopes Supercharge Edible Garden (EDBL) Stock

By William White, InvestorPlace Writer
Edible Garden stock is up on Wednesday with heavy trading in a potential short squeeze of EDBL shares alongside Q1 results.

AMC Stock Alert: AMC to Issue 23 Million Shares to Pay Off Debt

By Eddie Pan, InvestorPlace Financial News Writer
AMC is plunging lower after the movie theater took advantage of its elevated stock price in order to exchange debt for equity.

Honda Layoffs 2024: What to Know About the Latest HMC Job Cuts

By William White, InvestorPlace Writer
Honda layoffs have the company laying off 1,700 workers at its Chinese joint venture as competition in the company increases.

PLUG Stock: Plug Power Announces New Electric Truck Integration

By Dana Blankenhorn, InvestorPlace Contributor
Plug Power now has a $1.66 billion conditional commitment loan guarantee from the government, but there are still problems with PLUG stock.

TSLA Stock Alert: Tesla Layoffs Continue With 601 New Job Cuts

By Larry Ramer, InvestorPlace Contributor
Tesla reported to California that it intends to lay off another 601 employees. TSLA stock is sinking in early trading. 

Faraday Future (FFIE) Stock Adds Another 100% in Giant Short Squeeze Rally

By Dana Blankenhorn, InvestorPlace Contributor
At some point, shorts will be squeezed out of FFIE stock, and those still holding shares will be left holding the bag.

April CPI Report Shows Cooling Inflation But Does Little to Solve Rate Cut Worries

By Shrey Dua, InvestorPlace Senior Financial News Reporter
The April CPI report released this morning showing a slight deceleration in inflation from March. What does this mean for Fed rate cuts?

Trade of the Day: Robinhood (HOOD) Stock Is More Than Just a Meme

By Josh Enomoto, InvestorPlace Contributor
Although Robinhood is a clear beneficiary of the meme-trading phenomenon, HOOD stock may also benefit from its compelling fundamentals.

Castellum (CTM) Stock Down 16% Today?

By William White, InvestorPlace Writer
Castellum stock is down on Wednesday as CTM traders react to the company's earnings report for the first quarter of 2024.

Why Is Virpax Pharmaceuticals (VRPX) Stock Down 61% Today?

By William White, InvestorPlace Writer
Virpax Pharmaceuticals stock is falling on Wednesday as VRPX investors continue to sell shares following its latest earnings report.

Why Is Sintx Technologies (SINT) Stock Up 113% Today?

By William White, InvestorPlace Writer
Sintx Technologies stock is up on Wednesday alongside heavy SINT trading as it appears to be joining the Roaring Kitty meme rally.

Why Is Faraday Future (FFIE) Stock Up 110% Today?

By William White, InvestorPlace Writer
Faraday Future stock is soaring higher on Wednesday with heavy trading of FFIE shares as it joins in a meme rally and short squeeze.
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