Nasdaq Suffers Its Worst Day Since June: Is This a Market Correction?
The Nasdaq fell 2.6% on October 22 as chip stocks plunged and oil jumped. We look at the causes, the numbers and whether it qualifies as a correction.
Markets
Daily stock market news and earnings coverage: what moved the market, why individual stocks rose or fell, and what to watch next.
Brent Crude Tops $114: Why Citi Now Sees More Upside Risk for Oil
Brent reached $114 as Houthi attacks on Saudi targets revived supply fears. Citi, once bearish, now sees more upside risk. What is driving oil prices.
Oracle’s Year-Long Stock Slide Has Erased About $200 Billion From Larry Ellison’s Fortune
Oracle shares are down about 62% from their September 2025 record, cutting Larry Ellison's fortune by roughly $194 billion. What is behind the slide.
A Starship Launch Every Week in 2027? Musk’s Targets and What They Mean for SpaceX Stock
Musk targets weekly Starship flights in early 2027 and twice-weekly launches later in the year. We look at the milestones, the risks and the stock.
RingCentral Stock Jumps 15% After Hours as AI Products Help Lift Guidance
RingCentral beat Q3 2026 EPS estimates, raised its full-year outlook and cut debt to about $1 billion, sending the shares up about 15% after hours.
Bloom Energy Stock Falls Despite a Record Quarter: Revenue Up 138% and Guidance Raised Again
Bloom Energy beat Q3 2026 estimates and raised its outlook for a third time, yet the stock fell 8.7% and slipped further after hours. Here is why.
Tesla Stock Slides After Q3 Beat: Margins Improve, but Auto Revenue Falls and Spending Questions Remain
Tesla beat Q3 2026 EPS estimates and lifted margins, but lower auto and energy revenue and heavy AI spending left the stock down 3.1% on October 22.
Why Did Moderna Stock Plunge 18% on Positive Cancer Vaccine Data? Inside the Sell-the-News Reversal
Moderna fell 17.6% after positive Phase 3 melanoma vaccine data with Merck surfaced early, as a 557% year-to-date rally met sell-the-news selling.
IBM Q3 2026 Beat Meets a Tough Crowd: Premarket Slide, Then a Flat Finish
IBM beat Q3 2026 estimates and lifted its free-cash-flow outlook, yet shares slid premarket before closing near flat. What drove the reaction.
Tesla Stock Slips After Q3 Beat as Capex Cut and Slower Optimus, Robotaxi Ramps Weigh on Outlook
Tesla beat Q3 2026 estimates and returned to positive free cash flow, but a 56% drop in operating income and slower Optimus and Robotaxi ramps pushed TSLA lower.
