Oil Plunges, AMD Surges, Shaquille O’Neil and Authentic Brands CEO, FHFA Director Bill Pulte 5/6/26

Oil prices drop on a report that the U.S. and Iran are moving closer to a deal to end the war. Then the AI trade powering AMD to new highs. Plus, Shaq and the CEO of Authentic Brands, Jamie Salter, on what they’re seeing from the consumer and the outlook for inflation. And FHFA Director Bill Pulte on the current state of mortgage rates and the status of the criminal referrals he brought against Fed Chair Powell and Fed Governor Lisa Cook. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.