US Market today: Why did Tesla stock gain? Check out gainers and losers in US stocks today

US stock market news today
Share

What happened in the US stock market today?

  • US Stocks ended slightly lower. Dow Jones down 0.5%, SP 500 ended 0.2% lower while Nasdaq ended flat.
  • US markets ended lower as investors awaited more guidance from Fed Chairman Jerome Powell on Fed's tightening path.
  • JD.com beats revenue and profit estimates, but posted its slowest on-year revenue growth on record.
  • Nordstrom stock down 14% in extended trading after slashing its financial forecast for the full year.
  • Intuit stock jumped in extended trading after authorizing a $3.5 billion share buyback and raising its quarterly dividend.

US Most Active Stocks Today

Stock price actionReason behind the move
Arcimoto fell 2%Arcimoto share price extended fall over reports of change in high-level executives, stock down 19% in last 1-week.
ARK Genomic Revolution ETF rose 2%ARK Genomic Revolution ETF price rose driven by gains in underlying stocks of Pacific Biosciences, Twist Bioscience and CRISPR Therapeutics.
ARK Innovation ETF fell 1%ARK Innovation ETF price fell driven by losses in underlying stocks of Zoom, Roku and Block.
Cloudflare fell 1%Cloudflare share price extended losses over controversy for providing services to the gossip site Kiwi Farms, stock down 14% in last 1-week.
Coinbase ended flatCoinbase share price ended flat after falling 19% in last 1-week on the back of reports of regulatory risks over the new feature of Ethereum Staking.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares ETF gained 4%Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares ETF price rose tracking the gains in the energy stocks of Devon Energy, Marathon Petroleum and ConocoPhillips.
Direxion Daily Semiconductor Bull 3X ETF rose 2%Direxion Daily Semiconductor Bull 3X ETF price rose following the gains in chip stocks of Marvell Technology, NVIDIA and Texas Instruments.
Direxion Daily Technology Bull 3X ETF fell 1%Direxion Daily Technology Bull 3X ETF price fell following the losses in underlying stocks of Mastercard and Visa.
DocuSign lost 3%DocuSign share price extended fall over reports of a price target cut and downgrade from RBC Research, company in hunt for a new CEO.
Ford rose 2%Ford share price rose over reports of business restructuring along with job cuts, plans to divert full focus towards electric vehicles.
Netflix fell 1%Netflix share price extended fall over reports of 'Sell' rating by CFRA research and cut in share price target to $238.
Nu rose 1%Nu share price witnessed short covering post losing 15% in last 1-week, Solid growth in June quarter revenue, Softbank's purchase boosted investor sentiments.
NVIDIA rose 1%NVIDIA share price rose ahead of its earnings release this week, concern of chip shortage to drive the investor sentiments.
ProShares Bitcoin Strategy ETF rose 2%ProShares Bitcoin Strategy ETF price rose tracking the gains in Bitcoin prices and trading volumes.
ProShares Ultra Semiconductors gained 1%ProShares Ultra Semiconductors ETF price rose driven by gains in chip stocks of NVIDIA, Texas Instruments and Intel.
ProShares UltraPro S&P 500 ETF fell 1%ProShares UltraPro S&P 500 ETF price fell tracking the losses in S&P 500 index amid concerns of aggressive rate hike by US central bank.
Rivian lost 3%Rivian share price extended fall over reports of the firm cancelled production of its most affordable electric truck.
Robinhood rose 2%Robinhood share price gave technical bounce-back after touching low of $9 per share. Stock down 15% in last 1-week over reports declining monthly active users in July, cutting the acquisition offer by half for UK fintech Ziglu.
Roblox fell 1%Roblox share price extended decline over reports of hedge fund Altos Ventures selling a stake in open market, stock down 13% in last 1-week.
Shopify fell 2%Shopify share price extended fall, down 16% in last 1-week, over reports of weak business growth forecast, looming analyst downgrades.
Snapchat lost 4%Snapchat share price extended fall over reports analyst downgrade, settling a privacy lawsuit by paying $35 million.
Square lost 3%Square share price extended fall over the downgrade by Macquarie. Launch of Buy Now Pay Later for seller in UK did not boost sentiments.
Tesla rose 2%Tesla share price rose ahead of its 3-for-1 stock split.
Twilio fell 1%Twilio share price extended fall over reports of management team selling stocks in the open market.
Twitter fell 7%Twitter share price fell sharply over reports of it misleading investors, regulator over spam issues, weak cybersecurity policies.
Uber ended 1% lowerUber share price fell over reports of Mirae Asset Global Investments selling more than 8 Lakh Shares last week.
Upstart fell 1%Upstart share price fell over anticipation of weak profit ratios, lending business growth due to rising interest rates in the US.
Zoom fell 17%Zoom share price fell sharply over reports of the company facing difficulty attracting new, paying subscribers impacting growth estimates.
  • Why did US markets end lower?

  • Why did Snap share price fall?

  • Why did Tesla stock gain?

Share: