Market update for Wednesday March 11, 2026

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In today’s episode:

• Oil prices whipsaw after deleted government tweet about the Strait of Hormuz

• Inflation holds steady as February CPI comes in at 2.4%

• Oracle stock surges after strong AI cloud earnings

• Nvidia invests $2B into Nebius

• Drone company AeroVironment sees shares dive on sales miss

• Fun fact: Meta buys Moltbook, a social network designed for AI agents
  

Market update for March 10, 2026. 

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In today’s episode:

• Oil briefly spikes near $120 before plunging back into the $80s

• Live Nation reaches a settlement with the DOJ and avoids Ticketmaster breakup

• Rivian jumps after an analyst upgrade ahead of its new R2 launch

• Kohl’s stock drops as sales continue to decline

• Amazon’s Zoox expands robotaxi testing into Phoenix and Dallas

Market update for Monday March 9, 2026

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In today’s episode:

• Oil surpasses $100 a barrel 

• Hims makes peace with Novo Nordisk 

• Oracle & OpenAI bail on major data center plan

• The S&P 500 has some new entrants

• Airline and cruise stocks dip amid oil price spike 

• Fun fact: Pixar has its biggest opening weekend in nearly a decade

Oil prices have surged above $100 after disruptions in the Strait of Hormuz, sending shockwaves through global markets. In this episode, Mike McGlone, Sr. Commodities Strategist at Bloomberg Intelligence, breaks down what’s driving the sudden spike in energy prices and why he believes it could trigger a much larger economic shift. We discuss how rising oil prices impact inflation, consumer spending, and the broader stock market. Plus, why volatility in commodities and gold could be an early warning sign for a potential downturn in equities. And what all of this means for investors as markets head into an increasingly uncertain year.

In this deep dive, Zaid breaks down why the Strait of Hormuz matters so much to the global economy, and why a prolonged disruption could send shockwaves through energy prices, inflation, and global economic growth

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Market update for Friday March 6, 2026

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In today’s episode:

• Unemployment rate hits 4.4%

• Costco earnings surprise investors

• Marvell shows strength within AI chip design 

• Gap’s athleisure business shows sales declines

• Fun fact: Microsoft is working on a new gaming console 
  

Market update for Thursday March 5, 2026

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In today's episode:

• Tariffs are jumping to 15% this week

• Broadcom AI sales double

• Nvidia halts production of Chinese H200 chips

• OpenAI explores ad deal with The Trade Desk

• American Eagle warns of $60M tariff hit

• Fun fact: Apple launches its cheapest laptop ever

Market update for Wednesday March 4, 2026

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In today’s episode:

• OpenAI looks toward NATO defense deal
• Tesla receives robotaxi driven upgrade from Bank of America
• Ross Stores provides upbeat 2026 outlook after holiday earnings beat
• Gitlab shares plummet amid sales slowdown amid AI era
• Fun Fact: Mark Zuckerberg buys the most expensive home in Miami

Market update for Tuesday March 3, 2026

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In today’s episode:

• Oil and gas jumps from Strait of Hormuz disruption
• Target forecasts sales growth for the first time in three years
• Best Buy beats on profits despite soft holiday sales
• Apple kicks off a major product wave this week
• Pinterest pops after a $1B investment from activist Elliott Management

On Holding tumbles on slower 2026 growth outlook

Fun Fact: 40% of Americans didn’t read a single book last year

Market update for Monday March 2, 2026

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In today’s episode:

• Oil surges 8% after U.S.–Iran conflict escalates and shipping through the Strait of Hormuz faces disruption

• Anthropic blacklisted by the Pentagon after refusing expanded AI use in military operations

• OpenAI raises a record $110 billion at a $730B valuation backed by Amazon, Nvidia, and SoftBank

• Defense stocks soar 

• Berkshire Hathaway falls

• Fun Fact: Red Bull sells 14 billion cans and still dominates the energy drink market