Stock Market Blog
Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
OpenAI Trims Funding Round Target by $10 Billion Amid Tech Stock Selloff, FT Reports
OpenAI has cut its latest funding round target by $10 billion to about $20 billion amid a tech stock selloff, with its targeted valuation reduced to $1.25 trillion, according to a Financial Times report cited by CNBC and Seeking Alpha.
Binance Says It Has Replenished 90% of Assets Stolen in Record $6.3 Billion Hack
Binance says it has replenished 90% of the roughly $6.3 billion stolen in a record hack using company funds, with Co-CEO Richard Teng pledging to cover the rest.
AI-Spending Fears Spark Broad Tech Selloff as Nasdaq Posts Worst Day Since June, Semiconductors Lead Losses
A tech-led selloff sent the Nasdaq Composite down 2.86% to 25,437.00 — its worst day since June — as semiconductors slid, with Intel off almost 29% and AMD down close to 11%, CNBC and Seeking Alpha reported, amid growing scrutiny of AI spending and debt at providers like CoreWeave.
Meta Settles With Second Teen Plaintiff, Leaving Snap Alone to Face Social-Media-Addiction Trial
Meta has settled with a second teen plaintiff, K.D.B., days after jury selection began in a bellwether social-media-addiction trial, leaving Snap as the sole remaining defendant, according to CNBC and the New York Post.
Stock Market Today: Energy Leads While S&P 500 Slips
Energy led the session while the S&P 500 slips. See the validated market scorecard, sector performance, and what traders are watching next.
AbbVie Raises 2026 EPS Guidance to $13.95-$13.99 as Skyrizi and Rinvoq Fuel Q3 Beat, Dividend Hiked 5.2%
AbbVie raised full-year 2026 adjusted EPS guidance to $13.95-$13.99 and hiked its quarterly dividend 5.2% to $1.82 per share, citing Skyrizi and Rinvoq momentum alongside a smaller IPR&D expense impact than a year earlier.
It Made You Money Last Time…
You made money in this stock before. Now it’s falling again. That past win could be making your next decision harder than you think.
Global Payments Completes $24.25 Billion Worldpay Acquisition, Divests Issuer Solutions to FIS
Global Payments has completed its $24.25 billion acquisition of Worldpay from FIS and GTCR and divested Issuer Solutions to FIS for $13.5 billion, becoming a pure-play commerce solutions provider.
Valuation Multiples by Sector: What's Expensive and What's Cheap
Valuation multiples by sector show what's cheap or expensive. Learn P/E, P/S, and EV/EBITDA ranges for major sectors and how to compare fairly.
Stocks Have Done THIS After Every Midterm Election Since 1950... Be READY
Stock market after midterms has been higher 19 of 19 times since 1950, averaging about +15% a year later. See the full data and why Q4 matters.
Starbucks U.S. Comparable Sales Rise 7.7%, Topping Estimates, as China Conversion Weighs on International Revenue
Starbucks' fiscal Q4 2026 results show U.S. comparable sales up 7.7%, beating estimates, while International segment revenue fell 37% on the China licensed joint-venture conversion, with management citing momentum into fiscal 2027.
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