EPISODE · Jun 22, 2026 · 40 MIN
S&P 500 falls as Big Tech and SpaceX struggle to start the trading week 6/22/26
from Power Lunch · host CNBC
Stocks are starting the week mostly lower on Wall Street as investors assess the latest developments in the Iran war and await the release of inflation data closely watched by the Federal Reserve. Brian Sullivan and Kelly Evans bring you an exclusive interview with the Chevron President of New Energies, Jeff Gustavson, following the news that Chevron will fuel Microsoft’s massive data center in Texas. The anchors are also joined on set by Simeon Hyman, ProShares Advisors Global Investment Strategist, to break down his firm’s double-leveraged SpaceX ETF given the stock’s recent slide. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
Stocks are starting the week mostly lower on Wall Street as investors assess the latest developments in the Iran war and await the release of inflation data closely watched by the Federal Reserve. Brian Sullivan and Kelly Evans bring you an exclusive interview with the Chevron President of New Energies, Jeff Gustavson, following the news that Chevron will fuel Microsoft’s massive data center in Texas. The anchors are also joined on set by Simeon Hyman, ProShares Advisors Global Investment Strategist, to break down his firm’s double-leveraged SpaceX ETF given the stock’s recent slide.
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S&P 500 falls as Big Tech and SpaceX struggle to start the trading week 6/22/26
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