Wall Street is rallying sharply after Democrats won control of both chambers of Congress in the 2026 midterm elections. But why are stocks climbing despite the prospect of political gridlock? With the Dow surging more than 1,000 points and the Nasdaq jumping over 2%, investors are weighing the election results, reduced market uncertainty, and potential consequences for major technology companies.

Chuck Zodda and Marc Fandetti explain what's driving the post-election rally, why Tesla and SpaceX are falling despite broader market gains, and how a divided government could affect taxes, tariffs, and Federal Reserve policy. Plus, estate planning attorney Todd Lutsky joins the show to discuss revocable trusts, avoiding probate, and the tax implications of gifting money to children.

Wall Street is growing increasingly nervous about the enormous amounts of money being poured into artificial intelligence. With Big Tech companies borrowing billions, issuing new shares, and racing to build data centers, investors are questioning whether AI will ever generate enough profit to justify the spending. Could the AI boom eventually trigger a broader stock market downturn?

Mike Armstrong and Marc Fandetti examine the risks of excessive AI spending, the threat artificial intelligence poses to traditional advertising businesses, and why rising stock market volatility could be ahead. They also discuss strategies for creating a reliable retirement paycheck, the Federal Reserve's plans to reduce its number of policy meetings, and whether AI-related job cuts could disrupt the labor market. Plus, a look at growing cybersecurity threats to retirement accounts and why high gasoline prices could influence the midterm election results.

Election Day has arrived, and investors are watching to see how the midterm results could influence the stock market. While history suggests stocks often rally following midterm elections, concerns about rising healthcare costs, Big Tech's massive AI spending, and the future of Anthropic's highly anticipated IPO are creating uncertainty on Wall Street.

Mike Armstrong and Marc Fandetti examine the historical relationship between midterm elections and stock market performance, the latest job openings data, and why rising health insurance premiums are putting pressure on household budgets and wages. They also break down Apple's earnings, the impact of higher component costs on profit margins, and why Anthropic investors are reportedly pushing for a lower $1.5 trillion valuation ahead of its IPO.

Oil prices are plunging nearly 7% as renewed hopes for peace talks with Iran fuel a Wall Street rebound. But with a previous agreement having collapsed and the U.S. midterm elections approaching, questions remain about whether the latest diplomatic efforts will produce a lasting deal or another round of uncertainty for energy markets.

Chuck Zodda and Mike Armstrong examine the sharp decline in oil prices, the potential impact of Iran negotiations, and why American households continue to struggle with rising food and housing costs. They also discuss the financial pressures squeezing homebuilders, how Chinese electric vehicles are challenging U.S. and global automakers, and why AI shopping assistants could threaten Amazon's advertising business. Plus, Meta and Oracle's efforts to raise billions for AI infrastructure raise new questions about the cost of the technology boom.

Tech stocks are rebounding after last week's sharp sell-off, but the upcoming midterm elections could introduce another wave of market volatility. With Apple and AMD earnings approaching, fresh jobs data on the calendar, and investors questioning the enormous amounts of money being poured into artificial intelligence, Wall Street is heading into a critical week.

Chuck Zodda and Mike Armstrong examine how the midterm election results could affect technology stocks, why Meta and other AI companies are issuing billions in new shares to finance their expansion, and whether the AI boom is becoming dangerously overbuilt. They also discuss why strong economic growth isn't benefiting everyone, the growing disconnect between consumer confidence and spending, and Netflix's struggle to keep viewers engaged as its advertising business expands.

Technology stocks are taking a beating as investors grow increasingly skeptical of the massive spending behind the artificial intelligence boom. Intel is plunging nearly 30%, other major chipmakers are suffering steep losses, and even strong earnings are no longer enough to satisfy Wall Street. Yet despite the turmoil in tech, money is rotating into other sectors rather than leaving the stock market entirely, raising questions about what this unusual market behavior means for investors.

Chuck Zodda and Mike Armstrong examine the growing uncertainty surrounding AI investments, the risks of an increasingly concentrated stock market, and whether the upcoming midterm elections could influence the future of AI development. They're joined by Barron's Paul LaMonica to discuss the volatility in major technology stocks, concerns about another dot-com-style bubble, and whether Anthropic's anticipated $1.5 trillion IPO valuation can be justified. They also explore the regulatory challenges facing prediction market platform Kalshi, an FTC lawsuit against Toast, and a potential merger between DoorDash and Instacart.

Intel shares are plunging nearly 30% following disappointing earnings, while Amazon and Alphabet are facing growing investor concerns about their enormous artificial intelligence investments. With technology stocks selling off, Wall Street is questioning whether the AI boom will generate enough revenue to justify the trillions of dollars being spent on data centers and infrastructure.

Chuck Zodda and Mike Armstrong break down Intel’s struggles, the risks facing Amazon, Alphabet, and Microsoft, and why widespread AI adoption may not necessarily translate into massive profits. They also discuss a reported $6.3 billion hack at cryptocurrency exchange Binance, the potential implications of AI for digital security, and why ExxonMobil and Chevron are reporting soaring profits as global conflicts and supply disruptions keep oil prices elevated.

Amazon is preparing to report earnings as investors question whether Big Tech's massive AI investments can deliver enough revenue to justify the cost. With Google shares plunging, Microsoft struggling to hold its gains, and Meta raising billions through new stock offerings, the financial pressures behind the AI boom are becoming harder to ignore.

Chuck Zodda and Paul Lane preview Amazon's earnings, examine the risks of AI financing, and discuss why consumers are growing suspicious of personalized pricing. They also explore mounting financial pressure on software companies, the critical first five years of retirement, and reports of a Chinese intelligence operation targeting Nvidia's CEO. Plus, a look at China's push to export more cars and why falling birth rates are creating budget challenges for public schools.

Google shares are plunging after disappointing earnings reveal weakening cash flow and slowing growth in its core search advertising business. Meanwhile, Microsoft's booming cloud business suggests its massive AI investments may be starting to pay off. But can either company sustain its spending as questions grow about the profitability of AI?

Chuck Zodda and Paul Lane break down Google's disappointing results, Microsoft's accelerating cloud growth, and why investors are becoming increasingly selective about AI stocks. They also examine the Federal Reserve's decision to hold interest rates steady, stronger-than-expected economic growth driven by consumer spending and data center construction, and the financial challenges facing homeowners whose adjustable-rate mortgages are resetting at much higher interest rates.