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The Latest Breaking News from Steve Sosnick

Krispy Kreme's Wild Ride: Shares Jump 11% After FBI Director's Testimony — Then Crash Back to Earth

Krispy Kreme stock spiked 11% after FBI Director Kash Patel disclosed personal investments during a congressional hearing, but the sugar rush quickly faded as shares ended nearly flat, highlighting market froth.

International Business Times UK

Who wins and who loses from fewer corporate earnings reports

A change in how often companies report results could have huge implications for Wall Street, markets and investors.

S&P 500 Extends Losing Streak Ahead of Powell Speech: Stock Market Today

S&P 500 Extends Losing Streak Ahead of Powell Speech: Stock Market Today

Stocks continued to struggle ahead of Fed Chair Powell's Friday morning speech at Jackson Hole.

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A new bull market has begun and is still in the early stages, so buy the dips, top Wall Street analyst says

Wilson's view is part of an increased sense of optimism on Wall Street as fears over tariffs ease with the signing of several trade deals.

Oil Prices Soar, Stocks Slide After Israel Strikes Iran

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.

International Business Times

Newsmax goes full ‘meme stock’ as shares have surged over 2000 percent since insane IPO debut

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

The Independent UK

Stock Markets Plunge On US Recession Fears

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,…

International Business Times

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Stock Market Today: Muted Inflation Data Sparks Relief Rally

Stock Market Today: Muted Inflation Data Sparks Relief Rally

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

Stock Market Today: Stocks Pause as Investors Assess Fed Policy

Stock Market Today: Stocks Pause as Investors Assess Fed Policy

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

Stock Market Today: Stocks Struggle Mightily in Choppy Trading

Stock Market Today: Stocks Struggle Mightily in Choppy Trading

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

Roaring Kitty's GameStop return is playing out like an uninspired Hollywood sequel with no real villain and an absent hero

Roaring Kitty's GameStop return is playing out like an uninspired Hollywood sequel with no real villain and an absent hero

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.

Trump Media & Technology Stock Stays Volatile Ahead of Election Day

Trump Media & Technology Stock Stays Volatile Ahead of Election Day

Trump Media & Technology stock has traded erratically in recent months and last night's presidential debate sparked more volatility in DJT shares.

Amazon Stock Could Find Popularity With Retail Investors Once Again After Stock Split

Amazon Stock Could Find Popularity With Retail Investors Once Again After Stock Split

Amazon.com, Inc (NASDAQ: AMZN) 20-for-1 stock split that took effect Monday could potentially draw retail investors to the shares of the e-commerce giant.

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