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Intel Earnings Beat…And Yields Spike Ahead of Fed Meeting 7/23/26
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The traders talking all things Intel after the company’s second quarter earnings, and what the results mean for the broader tech trade. Then, what a yield spike means for the economy ahead of the July Fed meeting next week. Chief economist at Ernst & Young Greg Daco lays out why investors should not expect a rate hike at the Fed meeting, and what Fed policy could look like in the second half. Plus, Brent topping $100 a barrel on the back of Iran tensions, data on Eli Lilly’s newest GLP-1, and Google and Tesla plummeting on the back of earnings. Fast Money Disclaimer