Market update for July 9, 2026.
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In today’s episode, Zaid covers:
Fed minutes showing officials split on whether inflation could force rate hikes
Nvidia’s $1 trillion slide and why its valuation now looks surprisingly cheap
PepsiCo earnings show weak North American demand
Cerebras and Micron rally on AI infrastructure demand
AstraZeneca slides after a drug trial miss
Meta’s “super sensing” AI glasses are really creepy