SpaceX Earnings Recap, Applied Materials Earnings Preview, & U.S. Oil Reserves: TWSS 39 - 8.10.2026

Episode 39 of The Weekly Sift Stack: CJ Gettelfinger, Lucas Nulsen, & Tyler Sherven break down the biggest stories moving markets. The S&P 500 is at fresh all-time highs after July payrolls came in at negative 23,000 against roughly 80,000 expected & progress toward peace in Iran, flipping September odds from a Fed hike back toward a hold. The deep dive is Applied Materials, reporting Thursday after the close with consensus near $9 billion in revenue, up about 23% year over year. Also covered: SpaceX's first quarter as a public company, Berkshire's cash falling to $365.5 billion under Greg Abel, Intel's $15 billion offering, Palantir setting the bar, and the Strategic Petroleum Reserve at a 43-year low. Which name moves most this week?

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This material is for educational purposes only and is not intended to provide specific investment advice or recommendations. Investing involves risk, including loss of principal. Any forward-looking statements or expectations regarding company earnings are based on publicly available analyst estimates and are not predictions or guarantees of future performance.