After Nvidia CEO's quantum computing forecast, strategist says 'good luck' to investors
Steve Sosnick, Chief Strategist at Interactive Brokers (IBKR), spoke with Quartz for the latest installment of our “Smart Investing” video series.
Quantum-computing stocks sink as Nvidia CEO delivers a reality check
Shares of Rigetti Computing, Quantum Computing, IonQ and D-Wave fell sharply after Nvidia’s Jensen Huang said that “very simple quantum computers” could be 20 years away.
Quantum computing stocks take a hit as Nvidia CEO predicts long road ahead
Quantum computing stocks sank on Wednesday, pausing a year-long rally, after Nvidia CEO Jensen Huang said the technology's practical use was likely two decades away. The long wait outlined by Huang for "very useful quantum computers" throws cold water on a sector that was already expected to spend millions more on the technology,
Quantum Stocks Plunge After Nvidia CEO Says ‘Very Useful’ Quantum Computers Are Decades Away
IonQ and other quantum-computing stocks slid after Nvidia Chief Executive Jensen Huang played down the likely utility of the technology in the near- or medium-term. "If you kind of said 15 years for very useful quantum computers,
Quantum Computing Stocks Are Having a Rough Week. Investors Should Look to the Future.
Huang’s comments “offer a realistic perspective rather than diminishing the immense potential of quantum computing,” said Tigay. Quantum computers harness quantum mechanics
Market's lust for momentum fuels speculation: Interactive Brokers' Chief Strategist
Steve Sosnick, Interactive Brokers' Chief Strategist tells Squawk Box Asia the massive rally in quantum computing stocks ...
Dow tumbles over 300 points as year-end Santa Claus rally fails to ignite
The sell-off thwarted the seasonal Santa Claus rally, in which stocks traditionally rise during the last five sessions of ...
Stock Market Today: S&P 500, Bond Yields Finish Higher in Choppy Session
Live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite ...
Stocks hit, dollar slips in illiquid year-end profit taking
U.S. stocks wrapped up Christmas week on Friday with retracements of double-digit uptrends, and, alongside the dollar to a ...
Tesla And MicroStrategy Show How Stories Can Drive Stock Performance
Tesla isn’t the only company benefiting from a blockbuster narrative—story stocks are everywhere.
US stocks fall as bond yields rise on tariff concerns
While the stock markets fell, yields on US Treasurys rose, with the yield on the popular 10-year US Treasury rising by six ...
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What the year-end stock sell-off means for 2025
Interactive Brokers chief strategist Steve Sosnick sits down with Julie Hyman to examine what's driving the end-of-year sell-off and what it signals about the 2025 market outlook. "What we're ...
US Stocks Slip On 2024's Final Trading Day, Capping A Robust Year
Wall Street stocks slipped Tuesday to end 2024 on a gloomy note, but investors capped a strong overall year that was boosted by tech stocks, interest rate cuts and a US robust economy.
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MicroStrategy continues its bitcoin buying spree for the 7th straight week as the crypto dips below $100,000
That is literally the definition of a leveraged trade — borrowing money to buy a financial asset," Steve Sosnick, chief strategist at Interactive Brokers, told Business Insider last week.
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Why the Dow had such a miserable December versus other indexes
"We got that negative shock from Powell," Steve Sosnick, Interactive Brokers' chief strategist, told MarketWatch. "He didn't actually say all that much that we weren't expecting - markets were ...
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Natural gas prices jump on colder winter predictions
Interactive Brokers Chief Strategist Steve Sosnick joins Market Domination hosts Julie Hyman and Josh Schafer to examine what this signals for the broader energy sector in 2025. To watch more ...