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Oil Pulls the Market Lower Again

8 Jul 2026 · 23 min

Oil rose sharply early on Wednesday and the market didn’t like what it saw. But oil may not be the big driver of stocks that it was a few months ago and the pullback may simply be a healthy breather for hot stocks. Plus, we discuss some new EVs hitting the market and how satellites could disrupt telecom.

Travis Hoium, Lou Whiteman, and Rachel Warren discuss:

- Oil Is Up Again

- Market Breather?

- Can a Cheap EV Win?

- Why Americans Buy Big

- Is AMT’s Debt a Problem?

- Will Satellites Disrupt Telecom?

Companies discussed: American Tower (AMT), Verizon (VZ), AT&T (T), General Motors (GM), Ford (F), Stellantis (STLA), Micron (MU), Sandisk (SDSK).

Host: Travis Hoium

Guests: Lou Whiteman, Rachel Warren

Engineer: Dan Boyd

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