Apple Sues OpenAI for Stealing Trade Secrets, SK Hynix Gets Hammered

Market update for July 13, 2026. 

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In today’s episode, Zaid covers:

• A packed week ahead featuring CPI, PPI, bank earnings, and Kevin Warsh’s first congressional testimony as Fed chair

• Apple’s lawsuit accusing OpenAI of stealing trade secrets  the details are wild)

• Why Apple's stock is hitting record highs while the rest of the AI trade sells off

• MGM Resorts jumps on buyout talks with Barry Diller, while SK Hynix crashes in its first day under its new US ticker

• The record-shattering price one tech billionaire just paid for the Super Bowl champion Seahawks