Shows / MPC Markets Morning Call
MPC Markets Morning Call
The MPC Markets Morning Call is a daily Australian stock market podcast hosted by Mark Gardner, Founder & CEO of MPC Markets. Published every weekday before the ASX opens, it covers overnight Wall Street moves, ASX sector outlooks, commodities, currencies, interest rates, and geopolitics ,everything Australian investors need to start the trading day. Mark brings nearly 30 years of experience across equities, derivatives, and structured investments. New episode every weekday morning. Subscribe…
Episodes
- MPC Markets Morning Call
AI Stocks Smashed on Hyperscaler Cash Burn
AI stocks were smashed overnight as the hyperscalers reported surging capex and weakening free cash flow. Amazon missed on EPS and revenue, Google posted its…
MPC Markets Morning CallMicrosoft up, Google down, and a Fed that talked like it was hiking.
Microsoft up, Google down, and a Fed that talked like it was hiking.Thursday 29 October. Microsoft’s Azure grew nearly 50% to $33 billion, with a $677 billion…
MPC Markets Morning CallChip Stocks Back! as Meta Passes Around the Funding Hat
Chip stocks bounced again overnight, with the SOX up 3.6%, the Nasdaq up 1.2% and the S&P 500 up 0.6%, while Meta went looking for more funding for its AI…
MPC Markets Morning CallChips Rally as Anthropic Files for IPO
Anthropic has filed for IPO and chips are bouncing. Mark Gardner and Jonathan Tacadena break down what it means for markets on the MPC Markets Morning Call, 27…
MPC Markets Morning CallStocks Weighted Down by Oil Massive Week Ahead
Stocks were weighed down Friday night by oil pushing toward 2026 highs (highest Brent/WTI settlement since late April), not by chips. Energy names rallied…
MPC Markets Morning CallWorst Day Since June as Tech Goes Down with the Chip
Nasdaq had its worst day since June as the AI and chip trade was aggressively unwound. Equal-weight S&P rose while the headline index fell, highlighting how…
MPC Markets Morning CallSpaceX Fires up AI as Tesla & Meta Beat
SpaceX lit up the AI trade overnight while Tesla and Meta both beat after the bell. Chips bounced hard (Supermicro +9.5%, Nvidia and the rest green), Tesla…
MPC Markets Morning CallOil Cools Dow Jumps as Earnings Deliver
Oil spiked then faded and the Dow pushed higher overnight as US earnings did the heavy lifting. Mark Gardner covers the overnight session and the ASX open…
MPC Markets Morning CallTech Rebounds as Chips Snap 8 Day Slide
Chips snapped an eight-day slide overnight, with Amazon leading tech higher (+5%) after Morgan Stanley tagged it a top earnings-season pick and Intel bouncing…
MPC Markets Morning CallOil tops $100 AI Rout as Chips Sink for 8th Day
Oil tops US$100 and Brent clears US$110 as the AI sell-off rolls on — chips have now fallen for eight straight days, their longest losing run since 2008…
MPC Markets Morning CallRally Broadens as Investors Abandon Chip
The rally broadens as investors abandon chip stocks for a seventh straight session. Mark and Friday Phil cover a session that was green everywhere except semis…
MPC Markets Morning CallTech Stocks Smoked as Inflation comes in HOT
Tech stocks took an absolute beating overnight — the SOX fell 4.3%, now 20% off its peak and down for a sixth straight day, with every data-centre name…
MPC Markets Morning CallFed Williams caps Rate Hikes but Stocks Still Slide
Fed’s Williams signals one more hike then done — bond yields dropped 10bps but stocks still slid. We break down: Micron’s 3.6% drop on China’s CXMT chip news…
MPC Markets Morning CallChips Slide and Oil Climbs as Wall Street Waits on Bank Earnings
A quiet night with US bonds shut for Columbus Day. Mark Gardner runs through chip stocks sliding, Brent up about 2% on reports of a tanker hit in Hormuz…
MPC Markets Morning CallStocks Shrug off Oil & Bonds into 1st Week of Earnings
Stocks Shrug off Oil and Bonds into 1st Week of Earnings Wall Street finished Friday within striking distance of all-time highs as investors brace for Q3 bank…
MPC Markets Morning CallTech Stocks Whacked on OpenAI & Firmus Concerns
US semiconductor stocks were hammered after an FT report pegged OpenAI’s annualised revenue at ~$50 billion, roughly $20 billion below prior estimates. The SOX…
MPC Markets Morning CallStocks Retreat from Record Highs
Wall Street snapped a four-session win streak as 10-year and 30-year Treasury yields surged to their highest levels since 2002. Fed minutes revealed all 19…
- MPC Markets Morning Call
S&P 500 Hits Record as Earnings Optimism Outweighs Bond Rout
Wall Street surged to all-time highs overnight — the S&P 500 closed at a record 7,820.85 and the Nasdaq hit 27,599.79 as six of the Magnificent Seven advanced…
MPC Markets Morning CallTech Stocks Ignore Bonds to Drive Nasdaq to Record High
The Nasdaq closed at a record high overnight — up 1.05% to 27,477 — even as US 10-year yields hit 5.35%, their highest since 2002. With European bonds under…
MPC Markets Morning CallStock Gains Capped by Global Bond Rout
The US 10-year yield hit 5.34%, the highest since 2002, before reversing after Fed Vice Chair Jefferson signalled patience on further hikes. The S&P 500…
MPC Markets Morning CallSoft Inflation not enough to save September
Cooling US inflation data sparked a morning rally, but Wall Street gave it all back in a brutal final-hour selloff. The Dow dropped 0.86%, the S&P 500 lost…
MPC Markets Morning CallStocks Stumble as Oil and Yields Stay Bid
Wall Street finished lower as the US 10-year yield touched 5.27% — a fresh 19-year high — and Brent crude held above US$105 on Iran–Strait of Hormuz tensions…
MPC Markets Morning CallStocks Grind Higher as Geopolitics Weighs
Stocks Grind Higher as Geopolitics Weighs | 28 September 2026 Wall Street rebounded Friday — Dow +0.93%, S&P 500 +0.51%, Nasdaq +0.48% — led by Microsoft's…
MPC Markets Morning CallStocks mixed despite Higher Oil & Bond Yield Spikes
US equities finished a choppy session little changed on Thursday, with the S&P 500 easing 0.02% to 7,704.13, the Dow down 0.3% to 51,349.98 and the Nasdaq up a…
- MPC Markets Morning Call
MPC Morning Call 24th September - Bond Yields Rocket Higher
US 10-Year Yield Smashes to Record Highs — Bond Market Sends a Warning Jonathan Tacadena hosts today's Morning Call as the bond market delivers the story of…
- MPC Markets Morning Call
MPC Morning Call 23rd September 2026
MPC Markets Morning Call — 23rd September 2026: Copper Smashes Record Highs as NASDAQ Grinds to New Peaks Jonathan Tacadena and Finn Judell run the show today…
MPC Markets Morning CallInvestors Brush Aside Macro in Favour of AI Optimism
AI optimism is back with a bang. The Nasdaq closed at its first record high since June as Meta's new AI agent, Muse, sent the stock up more than 11% and…
MPC Markets Morning CallTriple Witching keeps stocks Mixed, Weekend Riyadh Strikes see Oil up
Triple Witching Keeps Stocks Mixed; Weekend Riyadh Strikes See Oil Up Monday 21st September 2026 $7 trillion in options expired on Friday's triple-witching…
MPC Markets Morning CallStocks Rally on… Who knows?
Wall Street bounced back overnight led by chip stocks and Nvidia ahead of quad witching expiry, but the broader market had little to offer. The Dow is still…
MPC Markets Morning CallFed Hikes and Signals More Hikes
The Fed just hiked for the first time since 2023 — 25bp to 3.75%–4.00%, unanimous — and Chair Kevin Warsh warned inflation is "too high and has been for too…
MPC Markets Morning CallOil and yields Higher into Fed Decision
The 10-year yield cracked 5.04% (highest since 2007), Brent surged past $108, and Wall Street fell again ahead of the Fed's first hike in three years. Mark and…
MPC Markets Morning CallStocks Bounce from Euro Session Lows as Cyber Security rockets
Wall Street recovered from sharp early losses but still finished red as the PHLX chip index plunged 5.9% on AI safety fears while software names rallied. The…
MPC Markets Morning CallTriple Threat Hike Locked Pipeline Down AI Paused
Triple Threat: Hike Locked, Pipeline Down, AI Paused — Monday 14 September 2026 Three weekend shocks hit at once. The Fed hike is 87% locked after hot CPI…
MPC Markets Morning CallHigher Oil Inflation & Yields Sink Stocks
Higher Oil, Inflation & Yields Sink Stocks — Four straight sessions of losses on Wall Street as WTI crude tops $103, August PPI runs hot at 5.4% Y/Y, and the…
MPC Markets Morning CallStocks Continue Slide as Oil Tops $100
Oil tops $100 as Middle East war escalates | Treasury buyback disappoints | Apple unveils $1,999 foldable iPhone Brent crude surges above $101 after U.S…
MPC Markets Morning CallStocks Drop on Triple Threat of War Oil & Higher Rates
Stocks cop a beating as war, oil and higher rates converge. Mark Gardner unpacks a rough overnight session — declining stocks outnumbered advancers 2.5-to-1…
MPC Markets Morning CallStocks Drift as Oil Approached $100 Again
Stocks Drift as Oil Approached $100… Again A short one with US markets closed for Labor Day. Brent crude is pushing toward $100/bbl and diesel has hit another…
MPC Markets Morning CallJobs Blowout Sends Stocks Lower on Hike Fears
Stocks closed lower on Friday after August nonfarm payrolls smashed expectations at 162,000 — nearly triple consensus — pushing Fed rate hike odds above 60%…
- MPC Markets Morning Call
Waller Sparks Rally as Fed Hike Bets Ease
Wall Street surged more than 1% overnight after Fed Governor Christopher Waller said he is inclined to hold rates steady later this month if inflation data…
MPC Markets Morning CallStocks break 3 day losing streak on Dell & Nvidia
Stocks break a three-day losing streak as Dell surges 16% on record AI server demand and Nvidia gains 3.2% on Hugging Face acquisition talks. Broadcom…
- MPC Markets Morning Call
Oil spikes higher, Stocks fall. MPC Markets Morning Call. 2nd September 2026
MPC Morning Call — 2 September | Oil Spike, September Seasonality & the Stagflation QuestionJonathan Tacadena and Phil step in to run the Morning Call with…
MPC Markets Morning CallStocks Drift Lower as Iran Escalates
Wall Street edged lower in quiet Labor Day eve trade as US–Iran strikes resumed around the Strait of Hormuz, sending oil up ~3.5% and bond yields to multi-year…
MPC Markets Morning CallStocks Lower as Warsh Talk Tough on Inflation
Fed Chair Warsh rattled markets with a hawkish Jackson Hole debut, sending two-year yields surging 12 basis points and rate-hike odds above 50% for September…
MPC Markets Morning CallTech Jumps as Jensen Delivers
Nvidia delivered a blockbuster — $92B in quarterly revenue (+106% Y/Y) and 70% forward growth guidance — adding $440B in market cap and carrying Wall Street…
MPC Markets Morning CallSaaS & Nvidia drive market higher
Nvidia's Q2 blowout ($96.2B revenue, +106% Y/Y) and a massive 2M GPU deal with AWS couldn't stop the stock slipping ~2% after hours. But the bigger story…
MPC Markets Morning CallStocks Grind Higher as Bonds and Oil Ease
A quiet overnight session but plenty to unpack. Wall Street edged up as tech bounced ahead of Nvidia's earnings, oil plunged 6% on Strait of Hormuz reopening…
MPC Markets Morning CallStocks Mixed Again on US Canada Trade Tensions
Stocks mixed overnight — chip selloff drags the Nasdaq while the Dow holds on. US-Canada trade talks collapse with 50% auto tariffs threatened from January…
MPC Markets Morning CallStocks end up on day, Down for Week on Iran and Bonds in Focus
Wall Street finished higher Friday but posted weekly losses as bond yields and Iran dominated sentiment. Mark Gardner and Phil Deloccheri cover the seesaw week…
MPC Markets Morning CallBessent Put Fades as Bond Selloff Resumes
Wall Street fell 0.9% as Treasury Secretary Bessent's bond buyback relief reversed within 24 hours, with 10-year yields pushing above 4.70% and US debt…
MPC Markets Morning CallStocks end mixed as US Debt hits $40 Trillion
US public debt crossed $40 trillion for the first time and Treasury Secretary Bessent responded with his second market intervention this month — doubling…
MPC Markets Morning CallStocks Continue to Slide as Investors Notice Rising Bond Yields
The global bond rout finally caught Wall Street's attention — the Nasdaq dropped 1.3% as semis plunged 5%, with the U.S. 30-year yield hitting 5.33% (highest…
MPC Markets Morning CallStocks Slide as Iran Truce Expires
Stocks slid overnight as the US-Iran truce expired without a deal — Trump rejected any extension and threatened Oman over Hormuz. Brent crude topped $90…
MPC Markets Morning CallStocks End Mixed on Weakening Consumer
Wall Street drifted lower on Friday after retail sales posted their biggest drop in over a year and consumer sentiment slumped — but the S&P 500 still notched…
MPC Markets Morning CallStocks Hit Fresh Records as Inflation Cools(?)
S&P 500 hits a record close at 7,799 after soft PPI data slashes September rate-hike odds to 34%. Mark and Phil unpack the contradiction of "cooling" inflation…
MPC Markets Morning CallStocks Edge Higher as Tame CPI Eases Rate Hike Fears
July CPI came in line — core at 2.5% y/y, the slowest since March 2021 — pushing September Fed hold odds to 62%. The S&P 500 rose 0.3% to within reach of its…
MPC Markets Morning CallStocks Lower ahead of Key Inflation Data
Wall Street pulled back overnight as Hormuz tensions persisted and traders held fire ahead of Wednesday's US CPI report. Mark Gardner and Phil Deloughery…
MPC Markets Morning CallStocks Drift lower as Hormuz Deal Hopes Fade
Wall Street ended flat as a 5% oil surge on Iran's Hormuz standoff offset record earnings momentum. Nvidia confirmed a $500B AI infrastructure deal with six…
MPC Markets Morning CallIran Flare up (again) & SaaS Bounce
Iran's back — Houthis launch a large-scale attack on Saudi-backed forces, Iranian negotiators mock Trump's diplomacy, and oil jumps 4%. Eight of eleven S&P…
MPC Markets Morning CallStocks Take a Breather Near Record Highs
The Dow hit a fresh record but the Nasdaq slid 0.8% on a rotation out of mega-cap tech — Alphabet fell 4% on Jeff Dean's AI departure, AMD dropped 7%, and…
MPC Markets Morning CallFOMO in Full Flow as Stocks Hit Fresh Record Highs
FOMO in full flow. The S&P 500 and Dow surged to record highs overnight as AI panic buying and Hormuz deal hopes drove one of the most impressive rallies we've…