The SOC Investment Group has called for a formal investigation by NASDAQ into Tesla Inc. (NASDAQ: TSLA) regarding a recent $29 billion equity grant to CEO Elon Musk.
A federal judge said Arizona voter Jacqueline McAferty plausibly alleged she was misled into believing winners would be chosen at random, when they were instead handpicked as spokespeople for Musk’s America PAC.
Global financial markets are currently experiencing a significant ripple effect from the trends observed in the United States, with a notable tech-led selloff on Wall Street sending tremors across continents. This interconnectedness has led to a general decline in major Asian indices, while European shares have exhibited a more mixed
The global financial landscape is currently navigating a complex interplay of forces, as U.S. crude oil inventories experience a significant drawdown, propelling oil prices upward, while the yield on the 10-year U.S. Treasury note subtly retreats. These concurrent movements paint a nuanced picture of market sentiment, reflecting both
The technology sector is currently experiencing a significant and persistent sell-off, dragging down major market indices like the Nasdaq Composite and S&P 500 for the second consecutive day. This downturn, particularly pronounced around August 19-20, 2025, has instilled a palpable sense of anxiety among investors, who are re-evaluating growth
Wall Street concluded August 20, 2025, with a decidedly mixed performance, reflecting a cautious investor sentiment ahead of key economic indicators and anticipated remarks from Federal Reserve Chair Jerome Powell. While the technology-heavy Nasdaq Composite and the broader S&P 500 experienced declines, the Dow Jones Industrial Average managed to
The financial markets are currently navigating a complex landscape characterized by historically elevated valuations, particularly within the U.S. equity market. While headline indices continue to reach new highs, a closer look reveals that these gains are increasingly concentrated in a select few mega-cap technology and growth stocks. This phenomenon
Shares of online learning platform Udemy (NASDAQ:UDMY) fell 3.5% in the afternoon session after the major indices continued to pull back, with technology stocks accounting for most of the market's largest decliners. A key reason for this trend is that much of the recent market gains were concentrated in the "AI trade," which includes these large technology and semiconductor companies. So this could also mean that some investors are locking in some gains ahead of more definitive feedback from the Fed.
Despite the downturn, some analysts viewed this as an opportunity to own some of the "Core AI winners." Dan Ives of Wedbush Securities commented, "In our view, the tech bull cycle will be well intact for at least another 2-3 years, given the trillions being spent on AI infrastructure/software/chips/power/apps looking ahead. This remains our tech playbook and investor roadmap."
Additionally, mixed earnings reports from retailers, such as Target, have added to the market's weakness. Investors are closely monitoring these reports for insights into the broader economic health and the potential impact of new tariffs on inflation.
Shares of semiconductor company Semtech (NASDAQ:SMTC) fell 3.1% in the morning session after the major indices continued to pull back, with technology stocks accounting for most of the market's largest decliners. A key reason for this trend is that much of the recent market gains were concentrated in the "AI trade," which includes these large technology and semiconductor companies. So this could also mean that some investors are locking in some gains ahead of more definitive feedback from the Fed.
Shares of earth imaging satellite company Planet Labs (NYSE:PL) fell 3.4% in the morning session after the major indices continued to pull back, with technology stocks accounting for most of the market's largest decliners. A key reason for this trend is that much of the recent market gains were concentrated in the "AI trade," which includes these large technology and semiconductor companies. So this could also mean that some investors are locking in some gains ahead of more definitive feedback from the Fed.
Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO)
fell 3.1% in the afternoon session after the major indices continued to pull back, with technology stocks accounting for most of the market's largest decliners. A key reason for this trend is that much of the recent market gains were concentrated in the "AI trade," which includes these large technology and semiconductor companies. So this could also mean that some investors are locking in some gains ahead of more definitive feedback from the Fed.
Looking for the most active S&P500 stocks in today's session? Join us as we dive into the US markets on Wednesday and discover the stocks that are dominating the trading activity and setting the pace for the market.
Shares of online used car dealer Carvana (NYSE: CVNA)
fell 3.8% in the afternoon session after Hertz Global Holdings announced it will begin selling certified used cars on Amazon.com, a move that introduces a significant new competitor into the online vehicle market. The move allows shoppers to browse, finance, and purchase Hertz's pre-owned vehicles through the e-commerce giant's platform, Amazon Autos. This development is viewed as a direct challenge to Carvana's online sales model, raising concerns about increased competition in the digital used car market. Investors appear worried that the partnership between Hertz and Amazon could negatively impact Carvana's sales and market share. Furthermore, the new arrangement could lead to fewer of Hertz's used vehicles being sold through the Carvana platform, directly affecting its inventory and sales channels.
