10AM Hour: Contrarian Market Call, Micron Results Preview, New Eli Lilly Weight-Loss Data 9/30/26
Summary
Julian Emanuel from Evercore offers a contrarian market outlook, arguing that a tech-driven bull market will persist despite bond yield pressures and upcoming Fed hikes. The show covers strong economic data, including revised GDP growth and in-line PCE inflation, alongside breaking news of an FTC investigation into frontier AI labs. Analysts preview Micron’s earnings, highlighting memory’s critical role in AI infrastructure, while OpenAI’s new agent sparks competitive pressure on Meta. The segment also features the CEO of Acceleration, an AI infrastructure firm debuting on the Nasdaq, discu…
Topics discussed
Sponsor: Venture Global energy facilities
Show intro and final day of Q3
Economic data: PCE inflation and GDP revisions
Fed outlook and bond market reaction
Job reports and market rebalancing
Economic resilience and final sales data
Interview: Evercore on hedges and macro trade
Political risk, midterms, and S&P targets
Financials earnings and fiscal prudence debate
Roadmap: OpenAI, Meta, and Micron previews
Sponsors: YouTube Premium and Schwab Market Update
Eli Lilly obesity drug trial results
Meta Muse vs OpenAI Dots: AI agent competition
Sponsors and Mattel CEO change news
CPU demand wave and political backlash
FTC investigation into frontier AI labs
News: Fly Dubai incident and Mattel update
SEC rules on private markets and retail access
Micron earnings preview and AI memory demand
Options flows: Microsoft, Nvidia, and Micron
Interview: Acceleration AI IPO debut
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