00:00Alright, thank you Hafez.
00:01So, Wall Street and the Mix on Monday as investors awaited guidance from major technology companies in a busy week
00:07for quarterly earnings
00:08while also worrying that stubbornly high oil prices could force the Federal Reserve to raise interest rates.
00:14Microsoft, Amazon, Meta and Apple are set to report quarterly results this week.
00:22Investors were questioning whether a multi-year rally fueled by optimism about artificial intelligence may be losing steam.
00:32So, I think the market is becoming much more desensitized to the administration, what's happening in Iran.
00:41People forget there's still a war going on between Russia and Ukraine.
00:47You have tariffs being reignited, upwards of 50% tariffs in some domains like Canada.
00:55And investors are kind of just ignoring that and moving past that and thinking about how strong earnings are.
01:01We have some huge earnings coming out this week.
01:05Investors last week were spooked by quarterly results from Tesla, an alphabet that showed heavy spending on artificial intelligence.
01:13On Monday, crude fell to a one-week low as U.S. President Donald Trump said Washington was having good
01:19talks with Iran
01:20and there was a chance of peace deal but warned U.S. strikes would resume if the negotiations failed to
01:26deliver.
01:26Oil prices surged last week with Brent futures surpassing $100 a barrel after new strikes on shipping in the Middle
01:33East.
01:34Oil prices
01:34Oil prices
01:34Oil prices
01:34Oil prices
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