Oil Surges on Gulf Clashes, Meta's $50B Expansion, TSMC's Record Sales

Finance TL;DR Daily · Jul 13, 2026 · 5m · transcript

Military clashes in the Persian Gulf have ignited oil prices and dragged down tech shares, while Meta supercharges its AI infrastructure spending in Louisiana and TSMC posts record-breaking quarterly revenue. In this episode: • U.S.-Iran airstrikes reignite Gulf conflict, sending crude oil surging and tech stocks skidding — https://www.cnbc.com/2026/07/12/oil-price-strait-hormuz-iran-trump-tanker.html • Meta ramps up Louisiana data center investment to $50 billion in massive AI push — https://www.cnbc.com/2026/07/13/meta-louisiana-data-center-investment-reaches-50-billion-amid-ai-push.html •…