10AM Hour: Apple's Foldable Future, SpaceX Shakes Up Telecom, OpenAI’s New Valuation 10/23/26
Summary
This episode covers renewed market volatility following a tech sell-off, with Apollo’s Torsten Slott discussing capital constraints for data centers and the Fed’s rate outlook. The hosts also analyze Apple’s record-high stock price and the launch of its folding iPhone, featuring a detailed review from blogger John Gruber. Additionally, the segment addresses the impact of SpaceX’s wireless expansion on telecom stocks, the political implications of the midterms, and OpenAI’s latest funding round at a $1.25 trillion valuation.
Topics discussed
Sponsor: Energy Transfer
Show intro and market overview
Michigan sentiment and bond yields
Fed rate hike debate and inflation
Job market and AI impact on employment
Market check and Apollo economist intro
Interview: Torsten Slott on AI and fiscal policy
Roadmap and Apple folding phone preview
Sponsors: Vantage Score and Air France
Apple folding iPhone launch and production
Interview: John Gruber on iPhone Duo review
Sponsors: Fidelity and SimpliSafe
Market movers: Amex, Deckers, and Telcos
Starlink threat to telecom industry
News: Pope Leo's health update
Interview: Sarah Bianchi on midterms and Iran
OpenAI funding round and IPO rumors
Chip ETF options and market sentiment
Preview: CrowdStrike and PHP vulnerabilities
Disclaimer and sponsor: Schwab Market Update
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