Markets are mixed to end the week as investors assess the latest developments regarding the ongoing conflict in the Middle East. Brian Sullivan and Contessa Brewer are joined by DWS Americas’ David Bianco and Schawb Center for Financial Research’s Collin Martin to evaluate the state of the markets ahead of next week’s Federal Reserve meeting. Meanwhile, Duke Energy CEO, Harry Sideris, joins for an exclusive interview to discuss his company’s role in the data center utility pledge with the White House. Later in the show, the anchors chat with Marsh’s Marcus Baker to hear his take on the rising geopolitical risks for global insurers as the premiums for ships travelling through the Middle East continue to soar. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Brent Falls Back Below $100, Duke Energy CEO Interview, Insuring Ships in the Middle East 7/24/26

Power Lunch

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All right, here we go again. Hopes for U.S. are on talks. They are back. Some stocks moving higher. Oil is moving lower. Welcome to Power Lunch, everybody. With Contessa, I am Brian. Data centers expected to use four times more electricity by 2035, but a new pledge from utilities says they will keep power prices in check for you. One of those companies, Duke Energy, their CEO, here exclusively on Power Lunch, data centers, and what it all means for you. Truly is a power lunch here.

As geopolitical risks mount, so does the cost of protecting global trade. How do you ensure tankers that need to go through the Middle East or the Black Sea? We're going to ask Marsh's Marcus Baker. You won't want to miss that first. Let's get right into the markets. They're jumping to end the week as oil falls. The Nasdaq still, though, on pace for a weekly loss of more than 1%. And we could be heading for some choppiness ahead.

Brent Falls Back Below $100, Duke Energy CEO Interview, Insuring Ships in the Middle East 7/24/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Brent Falls Back Below $100, Duke Energy CEO Interview, Insuring Ships in the Middle East 7/24/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.