OpenAI’s Sora app could fundamentally change the social-media landscape and leave Meta scrambling to catch up.

The companies at the center of the artificial intelligence boom are increasingly investing billions of dollars in each other — and analysts say that the increasing entanglement is adding to risk of an AI bubble.

Move over, buffer funds. Forget those income-enhanced strategies. Leverage? Who needs it. Wall Street has found another derivatives-powered bet to stuff inside an ETF: The single-stock autocallable.

Investors on Monday were cheering a sharp rebound in U.S. stocks after President Donald Trump said trade relations with China “will all be fine,” just days after he sent the market tumbling by threatening much higher tariffs on China.

Asian stocks made a tentative rebound in early trade on Tuesday, with an uneven recovery taking place across regional equity markets after signs that trade negotiations between the U.S. and China remain on track.

Gold also fell after its stellar rally this year, losing 2.4% to drop back below $4,000 per ounce, while Treasury yields held relatively steady in the bond market. They’re taking a moment following big runs driven in large part by expectations that the Federal Reserve will cut interest rates to support the economy.

We asked this year's Rising Stars of Wall Street to explain what they do so anyone can understand. Here's what they said.

DealBook founder and Squawk Box co-host Andrew Ross Sorkin takes a look at the crash of 1929 in his new book. He tells 60 Minutes what may it may indicate about today's stock market.