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SK Hynix Drops Despite $42B Profit, Ford Bets Big On Gas Guzzlers

Market update for Wednesday July 29, 2026

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In today’s episode, Zaid covers:

The Fed's biggest decision in years (a rate HIKE is actually on the table)

Iran attacks US forces overnight and oil spikes back toward $90

Ford raises its outlook again thanks to America's gas guzzler obsession

SK Hynix posts a $42 billion quarter... and the stock still drops

One AI storage stock pops while another gets punished despite beating…

The skinny

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