Oil Climbs on Hormuz Tensions, Apple’s OpenAI Lawsuit, and Earnings Season Eve 7/13/26
About this episode
The episode discusses rising oil prices due to geopolitical tensions, Apple's lawsuit against OpenAI, and prepares for the upcoming earnings season.
Crude prices surge as President Trump says the US is ‘reinstating’ a Strait of Hormuz blockade. Apple sues OpenAI, alleging intellectual property theft, but The Verge’s Nilay Patel questions if trade secrets even exist when it comes to AI. Plus, with tech companies trading at peak margins, we set the table for second quarter earnings season with Wolfe’s Chris Senyek.
More episodes of The Exchange
- No TAM Troubles, The Debt Debate, and a Defense Deficit 7/21/26
- Big Tech on Deck, Congress’ Midterm To-Do List, and Cyclospora Outbreak 7/20/26
- China’s New AI Model, Tap-to-Pay Troubles, and Underdog Plays the Field 7/17/26
- Nibbling at Nvidia, Building Backlash, and Korea’s Volatility Curb 7/16/26
- The Exchange 7/15/26
- Kevin Warsh Testifies, IBM’s Warning, and the Incredible Shrinking AI Model 7/14/26
Explore listener stats, chart rankings, contacts and more on the The Exchange podcast page.