0730 | Microsoft’s record $450B rally, Fed pushback, US-Iran strikes resume, IPO split
Show notes
Microsoft notched the biggest single-day dollar gain in stock market history, adding $450 billion on record cloud revenue, while Apple and Amazon earnings loom. The Fed held rates steady but Chair Warsh faces sharp criticism for muddy messaging, sending long-term Treasury yields higher. US-Iran hostilities have reignited, with strikes on military and energy infrastructure driving oil gains and fueling concerns of a widening regional conflict. In IPOs, Jersey Mike's fell 6% and Reformation closed
Timeline
- 00:00:00 Opening
- 00:00:26 Microsoft's Historic $450B Surge Sets Stage for Apple, Amazon Earnings
- 00:01:16 Fed Holds but Treasury Yields Surge as Warsh's Credibility Is Challenged
- 00:02:44 US-Iran Fighting Resumes, Oil Holds Gains, Energy Infrastructure Targeted
- 00:03:48 IPO Watch: Jersey Mike's Sinks, Reformation Flat in Trading Debuts
- 00:04:22 Consumer Earnings: Starbucks and Ferrari Raise Guidance; Carvana, Crocs Disappoint
Related links
- Microsoft’s $450 Billion Jump Is Biggest in Stock Market History - Bloomberg Markets
- Apple and Amazon report after the bell. Here's what the options market is saying - US Top News and Analysis
- The oil majors are about to report booming profits. These smaller stocks may be better buys - US Top News and Analysis
- Microsoft stock surges on strong quarter, record cloud revenue - Yahoo Finance
- Amazon on deck to report earnings after the bell with cloud, capex in focus - US Top News and Analysis
- Wall Street Delivers Harsh Verdict on Warsh Fed - Bloomberg Markets
- Fed's Credibility Questioned, ‘Bond Vigilantes’ Return | Real Yield 7/30/2026 - Bloomberg Markets
- Fed's Messaging 'Extraordinarily Muddled': Ed Al-Hussainy - Bloomberg Markets
- No Idea of Warsh's Position, 'Hall of Mirrors': Ed Al-Hussainy - Bloomberg Markets
- Fed’s Warsh Rebuked by Investors Craving a Real Inflation Fight - Bloomberg Markets
- Analysis: Fed Chairman Warsh's credibility in question after leaving interest rates unchanged - US Top News and Analysis
- US-Iran War Flares as Fighting Spreads Across Mideast - Bloomberg Markets
- US-Iran War Has Made Every Middle East Country a Target, Says Jane Harman - Bloomberg Markets
- Egypt says drone hit two ships at Mediterranean port as attacks on energy infrastructure widen - US Top News and Analysis
- US Refiners See Billions in Profits From Global Fuel Crunch - Bloomberg Markets
- Oil Holds Gain With Fresh US-Iran Attacks, Kazakh Exports Risk - Bloomberg Markets
- Jersey Mike’s Sinks in Trading Debut After $1 Billion IPO - Bloomberg Markets
- Jersey Mike's CEO on Trading Debut, Supply Chain and Demand Growth - Bloomberg Markets
- Womenswear Firm Reformation Closes Flat After $210.9 Million IPO - Bloomberg Markets
- Jersey Mike's stock falls 2% in public market debut after pricing shares at $23 - US Top News and Analysis
- Retailer Reformation opens flat in NYSE debut as CEO says company is 'ready to scale' - US Top News and Analysis
- Ferrari CEO says he 'would not change anything' about polarizing Luce EV debut - US Top News and Analysis
- Ferrari raises 2026 guidance after Q2 earnings beat - US Top News and Analysis
- Starbucks Seeing Strong Sales Across the Board, CEO Says - Bloomberg Markets
- Starbucks raises full-year outlook as CEO tells CNBC the chain is winning back customer loyalty - US Top News and Analysis
- Carvana stock tumbles as full-year guidance disappoints despite record quarter - Yahoo Finance
- Crocs shares slide as weak outlook draws focus from earnings beat - Yahoo Finance
This episode is produced by Bri. Bri uses advanced AI technology to turn the feeds you care about into podcasts made for listening. Contact us at hi@bri.so.