As those millennial investors would say, Wednesday's session was cray (that is, short for crazy).
The Dow Jones Industrial Average I:DJI rose 230 points, or 0.96%, to 24,263; at its session low the Dow fell 510 points. The S&P 500 I:GSPC closed the day up 1.16%. The Nasdaq Composite I:IXIC closed up 1.45%.
Here are several stories from TheStreet's newsroom to get you caught up on the cray-zi-ness.
Facebook, Facebook, FACEBOOK
Facebook (FB) - Get Report CEO Mark Zuckerberg sadly didn't take my question during an hour-long call with reporters on Wednesday afternoon. Boo. Nonetheless, Zuckerberg remained one part defiant, one part understanding of the issues facing his social media empire. Odd that Action Alerts Plus Holding Facebook's stock popped after-hours as he spoke -- it's very clear the next three-years for the company will see slowing profit growth (perhaps sharply).
TheStreet's Tracy Byrnes goes around the newsroom to discuss the impact of Trump's trade war with China. The market may have shrugged off the new developments, but make no mistake big companies ranging from tech giant Apple (AAPL) - Get Report to retailer Walmart (WMT) - Get Report will feel the pressure from tense trade relations.
Tesla's (TSLA) - Get Report stock is up a cool 13% since the money-losing electric car company posted its sales results on Tuesday morning. Go figure, as Elon Musk continues to over-promise and under-deliver. Buyer's, beware.
Be sure to bookmark TheStreet's new page called "Tesla Electrified: Hype vs. Reality." Each day we will explore Tesla's troubles and the promise of the broader autonomous driving industry. That includes red-hot chip supplier, and Action Alerts Plus holding, Nvidia (NVDA) - Get Report . Read the latest on Nvidia from TheStreet's Bret Kenwell here.
Make Some RealMoney
TheStreet's sister publication RealMoney is on fire this week (like every week) amid this all-over-the-place market. Top trades. Top trading guidance from financial services veterans.
Here are a few must reads from Wednesday.
- Jim Cramer: Cash Is King
- Which Stocks Should You Buy Now: Value or Growth?
- The NYSE FANG+ Index Has Made a Peak - What's Next?
- 3 Dividend Stocks for Retirement
- Is Spotify an Attractive Investment Right Now?
Tivo's Sale Process Continues
TheStreet's sister publication (what, you thought we were just www.theStreet.com?) The Deal is also on fire this week. On Tuesday, our Ron Orol broke that a deal for Rent-a-Center (RCII) - Get Report is nearing. On Wednesday, Orol reports that Apple, or Action Alerts Plus holdings Alphabet (GOOGL) - Get Report , Comcast (CMCSA) - Get Report , and Amazon (AMZN) - Get Report could make a play for Tivo (TIVO) - Get Report .
Check it out here.