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Why Shares of Invitae Dropped 13% on Tuesday
Shares of Invitae (NYSE: NVTA), a maker of medical genetic tests, fell 14% on Tuesday. The stock closed at $4.00 on Monday, then opened on Tuesday at $3.70, before falling to a daily low of $3.45
Why Twilio Sank on Tuesday Despite a Bullish Analyst Note
On an ugly day for the stock market, even positive news for the handsomest companies couldn't lift their share prices higher. So it was for cloud computing specialist Twilio (NYSE: TWLO), which
Why AT&T Topped the Market Today
AT&T (NYSE: T) stock was hardly a success story on Tuesday, but the monster telecom did better than many publicly traded businesses on that dark day. The company's shares fell a comparatively modest
Why Alibaba, MercadoLibre, and Sea Limited Stocks Plunged Tuesday
Investors and consumers alike have been vexed by inflation this year, and many had hoped that the latest government reading would show inflationary pressures beginning to ease. When the report
As Markets Plunged, These 2 Stocks Hit All-Time Highs
Investors lost confidence in the stock market on Tuesday, responding negatively to inflation readings for August that were higher than most had expected. By the end of the day, the Dow Jones
Why Block, Nu Holdings, and Lemonade Shares Plunged Today
Shares of fintech companies Block (NYSE: SQ), Nu Holdings (NYSE: NU), and Lemonade (NYSE: LMND) plunged today, down 7.5%, 3.6%, and 7.3%, respectively.
It was a terrible day for the markets, after
Why Bitcoin Mining Stocks Plunged on Tuesday
The news couldn't have been much worse for Bitcoin (CRYPTO: BTC) and cryptocurrencies today. Inflation in the U.S. came in higher than expected at 0.1% last month, with core inflation up 0.6%. This
Why Roblox Stock Couldn't Win Today
Shares of Roblox (NYSE: RBLX) weren't investors' play of choice on Tuesday. Compounding the awful drubbing most tech stocks took on renewed inflation fears, the online gaming platform operator was
Why Marqeta Stock Fell 4.1% Today
Marqeta (NASDAQ: MQ) took a hit on Tuesday as the stock price sank 4.1% on a day that all of the major indexes were down big. The Dow Jones Industrial Average was down roughly 1,296 points at the
DocuSign Stock Soars After Better-Than-Feared Quarter
DocuSign (NASDAQ: DOCU) reported fiscal 2023 second-quarter earnings that pleased the market. The electronic signature provider's stock soared following the announcement. In this video, I will
Why Cloudflare Stock Was Tanking on Tuesday
Tuesday was not a good day for tech stocks, and it was a particularly lousy day for content delivery network (CDN) operator Cloudflare (NYSE: NET). On the back of a broad sell-off in tech stocks on
Why Stitch Fix Stock Was Down on Tuesday
Stitch Fix (NASDAQ: SFIX) stock fell considerably more sharply than the rest of the market on Tuesday: Its shares were trading down by 11% as of 3:30 p.m. ET, compared to a 3.6% slump in the S&P
Why Plug Power, Bloom Energy, and Hyzon Motors Stocks Sold Off Today
Although stocks across many sectors were hit today as the broader markets plummeted, companies from high-potential industries that are in their early stages of growth were among the hardest hit
Why Crypto Stocks Plunged Today
Today's inflation report sent the crypto world reeling as a sell-off hit the entire industry. Headline inflation was 0.1% month over month in August, but core inflation (which excludes energy) was
Why Unity Software Stock Was Falling This Afternoon
Shares of Unity Software (NYSE: U) were down 11.8% as of 2:31 p.m. ET on Tuesday. On Monday, AppLovin said it was backing away from its Aug. 9 proposal to merge with Unity in what would have been a
Why Carvana Stock Slammed On the Brakes Today
Shares of Carvana (NYSE: CVNA), the online used-car retailer, fell hard today after the latest monthly Bureau of Labor Statistics report showed that inflation increased faster than expected in
Why Shares of Mastercard Were Dropping on Tuesday
Mastercard (NYSE: MA) stock dropped on Tuesday morning, falling as much as 3% at around 10:50 a.m. ET. The stock price rebounded slightly, but was still down about 2.6% at 2:40 p.m. ET, trading at
Why Rivian Stock Rose on a Down Day
Shares of Rivian Automotive (NASDAQ: RIVN) dropped Tuesday morning along with virtually the entire U.S. stock market. But while declines in the major market indexes accelerated, Rivian shares
Why Cruise Line Stocks Slumped Today -- but Not as Much as the Market Overall
Shares of cruise line stocks Royal Caribbean (NYSE: RCL), Carnival (NYSE: CCL) (NYSE: CUK), and Norwegian Cruise Line Holdings (NYSE: NCLH) were all down more than 5% in early morning trading, but
Why Cloud Stocks Were Down Today
Cloud software stocks, including Okta (NASDAQ: OKTA), Zoom Video Communications (NASDAQ: ZM), and Appian (NASDAQ: APPN), were falling today after August's inflation reading came in hotter than
Why Shares in Copper Miner Freeport-McMoRan Slumped Today
Shares in copper miner Freeport-McMoRan (NYSE: FCX) were down by 2.5% as of midday Tuesday. The move comes after a strong period for copper mining stocks, buoyed by bid activity in the sector.
Why Airline Stocks Are Falling Today
The airline industry's already tricky attempt to navigate away from its pandemic-era lows is facing fresh headwinds, and investors are reacting by heading for the emergency exits. Shares of Hawaiian
Why Home Depot, Target, and Lowe's Shares Sank Today
Today's Consumer Price Index (CPI) data on inflation has investors running scared. That includes selling shares of popular retailers like Home Depot (NYSE: HD), Target (NYSE: TGT), and Lowe's (NYSE:
Why Peloton Stock Was Sinking This Afternoon
Shares of Peloton Interactive (NASDAQ: PTON) were down 9.6% as of 1:20 p.m. ET on Tuesday. There was a lot of news from Peloton today, in addition to more bad news on the economy that sent just
Why Shares of Wells Fargo Are Falling Today
Shares of Wells Fargo (NYSE: WFC) traded nearly 4% lower as of 1:29 p.m. ET today, largely because of worse-than-expected inflation data but also as management discussed some macro headwinds at a


