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Carvana stock was nearly wiped out in 2022. It's rallied more than 7,000% since.

Carvana stock crashed 98% in 2022 as it was on the verge of bankruptcy. Since then, the stock has s…

Matthew Fox   


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Stock market holiday on Diwali: Is the stock market open or closed on the 30th and 31st October?

Traditionally, it is considered auspicious to make new investments during this window since it is b…

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Stock market today: US stocks jump ahead of crucial week of earnings and data

There are five mega-cap tech giants worth a combined $12 trillion set to report third-quarter earni…

Matthew Fox   


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Why Citadel's longest-running equities unit is focused on shorting stocks

Justin Lubell, the firm's global head of equities, said at an event last week that short bets have …

Bradley Saacks   


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Markets and Muhurat trading: How have Sensex and Nifty celebrated Diwali in the past?

Investors look to make their first profitable transaction of the new year and believe that any new …

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Stock market today: S&P 500 has its best day since 2022 as stocks rally after encouraging labor market data

Indexes climbed on Thursday as investors gained more confidence in the economy after new data showe…

Kelly Cloonan   


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US stocks rally as big jobs-report miss fuels rate-cut hopes, Amazon soars

The weak jobs data was driven by hurricanes and labor strikes. Investors were encouraged that the r…

Matthew Fox   


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Stock market today: Stocks close mixed as investors gear up for major Fed rate decision

Though the S&P 500 briefly touched a new record, equities were mixed as investors remain split over…

Filip De Mott   


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Stock market today: Indexes jump as Amazon lifts tech and jobs data boosts rate-cut views

"The Fed will likely cut rates in the remaining two meetings as economic conditions weakened," LPL …

Matthew Fox   


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4 mins read

Why Walmart stock keeps hitting new highs, making the Waltons richer than ever

Walmart stock is up 58% this year, propelling the three Walton siblings into the $100 billion club.…

Theron Mohamed   


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Stock market today: Stocks end mixed ahead of pivotal August jobs report

Stocks wobbled on Thursday as investors took in new data ahead of the August jobs report, due out a…

Kelly Cloonan   


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1 min read

Truth Social has eclipsed the latest valuation of Elon Musk's X after Trump Media stock surges

Trump Media's $10.6 billion valuation also makes it more valuable than The New York Times, which is…

Matthew Fox   


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Spirit Airlines stock plunges after report it's considering filing for Chapter 11 bankruptcy

A Chapter 11 bankruptcy has the potential to let Spirit Airlines restructure its debt following a f…

Lian Kit Wee,Will Martin   


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Huge sales of the nicotine patch Zyn have sent Philip Morris's stock to an all-time high

Nicotine pouch maker Zyn is on a roll, and it's showing up on the company's bottom line — and recor…

Shubhangi Goel   


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7 mins read

How Prada is beating the odds and bucking the luxury slump

Thanks to coveted designs from Miu Miu and a company-wide turnaround strategy, Prada is one of the …

Madeline Berg   


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Stock market today: US stocks slip as traders count down to Nvidia earnings

"For equities, all attention is now on Nvidia's earnings release tonight," Deutsche Bank strategist…

Jennifer Sor   


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Stock market today: Nasdaq suffers worst day since 2022 as weak earnings spark steep sell-off

The Nasdaq dropped more than 3%, fueled by a selloff in Tesla and Alphabet shares after earnings. T…

Jennifer Sor   


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3 mins read

The stock market's bull rally is 2 years old. Here's what tends to happen next.

"We have wind at our sails, and this bull market should last at least another 12, maybe 18 months."…

Matthew Fox   


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Inflation isn't going anywhere, and higher rates could spark a 12% downturn for stocks in the coming year, veteran strategist says

Steep rate cuts aren't coming, according to one market veteran who sees a double-digit decline ahea…

Jennifer Sor   


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Indian markets an oasis of safety amid global volatility in recent years: Anand Rathi report

The Indian stock markets have emerged as an oasis of safety in amidst the volatility of global fina…

ANI