Oil Prices Surge as Wall Street Faces a Major Test

Wall Street is heading into one of the most consequential trading days of the summer as investors prepare for fresh inflation data, another major earnings wave, and testimony from Federal Reserve Chair Kevin Warsh. At the same time, oil prices continue climbing on Middle East tensions, AI infrastructure spending is evolving, and questions are growing about whether today's market leaders can justify their lofty valuations. Join Mike Armstrong and Marc Fandetti as they break down what today's biggest headlines mean for stocks, bonds, and the broader economy. In today's livestream: • Oil posts its biggest surge since 2020 as traders reassess the future of the Strait of Hormuz • Markets brace for inflation data and Kevin Warsh's latest comments on interest rates • JPMorgan delivers record profits driven by a blockbuster quarter for stock trading • IBM tumbles after disappointing sales and an unusually candid message from its CEO • Stocks face a pivotal day with CPI, earnings, and the Federal Reserve all colliding • U.S. worker productivity reaches new highs, but AI may not deserve all the credit • Data center developers look to cash in as billions of dollars in AI infrastructure change hands • Why younger investors are taking bigger risks than ever before • Wall Street grows more optimistic about Apple's evolving AI strategy • Samsung explores a potential U.S. stock listing as global AI competition intensifies • Why Baby Boomers are cutting back on alcohol more than Gen Z From inflation and Federal Reserve policy to artificial intelligence, oil markets, earnings season, and long term investing, we break down the stories shaping today's markets and economy. #stockmarket #economy #ai #investing #retirement #oil