The Latest Breaking News from Steve Sosnick

Elon Musk's SpaceX says it is planning to go public next year. That could open the floodgates.

“It’s possible that the rout in Bitcoin is forcing some investors to sell stocks that they own.”

Oil prices soared and stocks sank Friday after Israel launched strikes on Iran, prompting retaliation from Tehran and stoking fears of a full-blown war.

‘This is like the initial market reaction to DJT on steroids,’ one investment expert said about the explosive Newsmax rally

In the United States, the tech-heavy Nasdaq Composite Index plummeted by 4.0 percent, seeing its worst day since 2022 after Trump declined to rule out the risk of a U.S. recession. The Nasdaq was bogged down by retreats in the so-called Magnificent Seven tech stocks, which include Google parent Alphabet,…

Encouraging news about the path of consumer prices sent risk assets soaring again.

The Federal Reserve met expectations with a quarter-point rate cut.

The major benchmarks couldn't hold on to early gains as selling pressure returned to risk assets.

Fans were initially nostalgic when news of his return broke, but now it feels as if the world has moved on from Keith Gill's scrappy underdog story.