Trump strikes Russian diesel deal... And Apple’s latest iPhone woes 10/9/26
Summary
Fast Money covers President Trump’s suspension of Russian sanctions to import diesel, a move analysts deem too small to curb inflation or lower rates. The show debates bank earnings season, noting that while stocks have sold off, a flattening yield curve and AI-driven cash migration pose headwinds for financials. Additionally, the panel discusses Apple’s weak iPhone demand, Palantir’s record close, and the chilling IPO market, while also highlighting Moderna’s surge on cancer vaccine news and Macau’s record visitor numbers despite declining casino revenues.
Topics discussed
Sponsor: Edward Jones
Show intro: Earnings season, Apple, Palantir
Trump-Russia diesel deal and geopolitical impact
Diesel prices, inflation, and consumer sentiment
Fed rate hike outlook and services inflation
Hurricane Ies forecast and market impact
Bank earnings season and AI impact on finance
Sponsors: Venture Global, TD, Pantene
Merck-Moderna deal and biotech AI investment
Segment break: IPOs and Apple demand
Sponsors: TD Cash, Zazzle
IPO pullbacks and AI commoditization debate
Promo: Fast Money Podcast
SpaceX, telecom stocks, and Palantir record
Apple iPhone 18 weak demand and foldable outlook
Macau casinos: Non-gaming growth and China macro
Bloomin' Brands technicals and fundamentals
TIPS yield and show sign-off
Sponsor: TD Cash Credit Card
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