markets
ASTS -5.80% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
Rate-cut hopes collapse after-hours — growth and speculative names getting hit hard.
Trump endorsed his Fed pick while signaling no rate cuts are coming. RIOT leads the damage at $18.24, -12.71%. SOFI follows at $15.25, -8.61%, with ASTS at $53.03, -5.8% and QBTS at $16.18, -6.49%. TSLA slipping to $298.32 puts the $300 level in focus. SPY is at $729.46, -1.24%, confirming broad pressure.
Watch: Whether TSLA holds $298 into tomorrow's open — a break accelerates risk-off in EV/tech. SOFI $15.00 is the next technical floor; a close below it opens a larger unwind in fintech.