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A bounce may be coming for those momentum stocks that have been brought back to earth, which could open up another selloff, says BTIG's Jonathan Krinsky.
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Wall Street closes down sharply after Fed holds rates unchanged ReutersDow drops 1,100 points for worst day since April 2025 on fear the Fed is falling behind on inflation: Live updates CNBCU.S. Stocks Slide After Fed Pause, Escalation in Iran War WSJStock market today: Dow plunges by 1,100 points, S&P 500 and Nasdaq sink as yields rise on Fed's hawkish hold Yahoo Finance
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Meta Q2 earnings recap: Stock tumbles nearly 10% after profits miss Wall Street estimates Business InsiderMeta reports second-quarter results after the close CNBCMeta misses on Q2 earnings, stock tumbles Yahoo FinanceMeta's free cash flow wiped out as AI buildout grows reuters.comMeta misses earnings forecasts after Zuckerberg media push to promote
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Carvana said Wednesday it expects earnings of between $2.7 billion and $3 billion this year after reporting record quarterly results for the second quarter.
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