Tech Sell-Off & Oil Price Plunge (+5 more stories)

The Daily Business and Finance Show - Monday, 3 August 2026 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days! Please click here for more info: Subscribe to Seeking Alpha Premium News Today's headlines: Hedge funds sold tech at historic pace ahead of Situational Awareness fire sale AstraZeneca, Bristol Myers held merger talks, Financial Times reports Oil plunges as US pauses Iran strikes; OPEC+ approves output increase SA Asks: How big of a threat is China's CXMT to memory chipmakers? Google pulls AI feature after users create fake satellite images California Democrats endorse billionaire tax despite party divisions CXMT eyes second Beijing DRAM plant as China boosts chip capacity - report Alibaba jumps 7% after introducing Qwen3.8-Max in China's intensifying AI race Explanations from OpenAI ChatGPT API with proprietary prompts. This podcast provides information only and should not be construed as financial or business advice. This podcast is produced by Klassic Studios Learn more about your ad choices. Visit megaphone.fm/adchoices