Friday, 24 July 2026: Oil Prices Soar and Markets Feel the Pinch episode artwork

EPISODE · Jul 23, 2026 · 7 MIN

Friday, 24 July 2026: Oil Prices Soar and Markets Feel the Pinch

from Morgans AM · host Morgans Financial Limited

US equity markets fell sharply as oil prices continued to soar and mega cap technology names sold off amid concerns around the level of AI spending. Dow down 507 points or almost 1%. Google parent Alphabet down 6.9% after posting its second quarter result after the close of the previous session and reporting negative cash flow of 5.9 billion.

Episode metadata supplied by the publisher feed · Published Jul 23, 2026

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Friday, 24 July 2026: Oil Prices Soar and Markets Feel the Pinch

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