Markets at Record Highs, Countdown to SpaceX Earnings, OpenAI Fires Back at Apple 8/4/26

Stocks are rallying on strong earnings and another decline in oil prices as the Dow and S&P 500 hit new all-time highs on Tuesday. Kelly Evans and Dominic Chu chat with Raymond James’ Matt Orton to get his take on the market rally with each major average hitting 2% gains during intraday trading. Later, Macquarie’s Head of U.S. Software and Services Research, Steve Koeing, joins the show to break down his predictions for SpaceX’s first quarterly earnings report which will come after the markets close. Meanwhile, CNBC’s MacKenzie Sigalos reports live from the San Francisco Bureau to give the latest details on the ongoing legal battle between Apple and OpenAI,  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.