IBM Hit Hard by AI Spending Trends, Bank Earnings Fueled by Record Trading Hauls

The Rundown · Jul 14, 2026 · 10m

Market update for Tuesday July 14th

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In today’s episode, Zaid covers:

Inflation finally cools off but that might be temporary

Five megabanks reported earnings this morning, and Wall Street's trading desks are printing money

IBM suffering one of its worst stock drops in decades after a disappointing sales warning

Memory and storage stocks rallying as companies prioritize AI hardware spending

Chipotle is opening its first…