The Latest Breaking News from Nasdaq

The CPI inflation rate data hit a new 40-year high in June. Here's what it means for Federal Reserve policy and the Dow Jones.

Elon Musk has hit back against former President Donald Trump after the latter turned the heat on the Tesla, Inc. (NASDAQ: TSLA) CEO over the weekend.

Gainers Versus Systems Inc. (NASDAQ: VS) rose 66% to $0.7802 in pre-market trading. Versus Systems, last month, received NASDAQ notification regarding minimum bid price deficiency.

Pre-open movers

Gainers Kaspien Holdings Inc. (NASDAQ: KSPN) shares climbed 161.9% to close at $6.81 on Monday on heavy volume amid mention of the stock on social media.

Bitcoin traded below a key psychological level on Monday evening, while other major coins also slid, as the global cryptocurrency market declined 4.05% to $888.7 billion at press time.

Elon Musk is the richest person in the world with a net worth of $227 billion.

If you’ve taken a look at the Dow Jones, Nasdaq or S&P 500 lately, you probably didn’t see a pretty picture. They are all taking a beating and with economists fretting about a potential recession, it’s beginning to look like this bear market will continue for quite some time.

Stocks fell from resistance Monday on China news and looming inflation data. Tesla, Twitter and Alibaba were big losers.

Tesla Inc (NASDAQ: TSLA) plunged almost 7% lower at one point on Monday but bounced up sightly off a support level to trade about 6% lower as of press time.

A whale with a lot of money to spend has taken a noticeably bearish stance on Meta Platforms. Looking at options history for Meta Platforms (NASDAQ:META) we detected 224 strange trades.