Oil Reclaims Control | Alphabet’s AI Raise, Higher Yields, and the Return of Fed Risk

This episode of the GAR Capital Podcast is sponsored by GAR Labs and its custom trading system development services.Have a trading strategy you want to bring to life?GAR Labs can help get your project off the ground with a custom built system designed around your trading style, objectives, and risk tolerance.Visit gar.capital to learn more.In today’s GAR Capital Market Intelligence Report, we examine how an eleventh consecutive night of United States and Iran attacks pushed crude oil to a six week high, lifted Treasury yields, flattened the yield curve, and brought a possible July Federal Reserve rate increase back into the market conversation.We break down why Dated Brent moved above $94, how continued disruption across the Strait of Hormuz, the Bab el Mandeb Strait, the Black Sea, and the Gulf of Mexico is creating multiple risks to global energy supply, and why oil options traders are increasingly paying for protection against a larger upside price spike.The episode also examines the reversal of Tuesday’s historic semiconductor and momentum rally. Zero day traders bought puts and sold calls, Mega Cap technology weakened, and much of the prior short squeeze was erased as investors prepared for Alphabet and Tesla earnings.We explore Alphabet’s nearly $50 billion equity raise to fund a major expansion in artificial intelligence infrastructure spending and explain why the market’s AI debate is shifting from demand toward financing, dilution, debt capacity, and future returns on invested capital.Beyond equities, we discuss the two year Treasury yield reaching its highest level since February 2025, the thirty year yield remaining above 5 percent for its longest sustained period since 2007, and why enormous government borrowing and hyperscaler financing requirements are competing for the same long term investors.We also cover Tesla’s revised 2026 targets, strength in IBM and ServiceNow after hours, gold’s gain, Bitcoin’s decline, and the growing risk that bond vigilantes return as fiscal deficits and capital demand keep long term yields elevated.Follow the GAR Capital Podcast for daily and weekly market intelligence, macro analysis, earnings breakdowns, and educational commentary designed to help investors better understand today’s financial markets.