The Dow Jones pulled back from record levels as investors once again rotate out of AI stocks into safer sectors of the market. Brian Sullivan is joined on set by Fortress Investment’s Elizabeth Burton to break down her strategy to navigate the recent volatility while Bernstein’s Doug Harned lays out the case for SpaceX after his firm initiated the stock with an outperform rating. Brian also gets an exclusive one-on-one interview with Exelon CEO, Calvin Butler, to address some of the power concerns in the U.S. and the lack of power generation currently supplying the national grid. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

AI Risk Appetite, SpaceX Initiations on Wall Street, and Domestic Energy Challenges 7/7/26

Power Lunch

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The Dow pulling back from a record high as concerns about AI weigh on risk appetites. Speaking of appetites, welcome to Power Lunch, everybody. I am Brian Kelly. Be back on the show on Thursday. Samsung spooking the market and dragging down chip stocks, some big names, down double digits. So what do you do now? Elizabeth Burton is here to lay out a strategy for you.

Plus, SpaceX, it has likely lost money for many of you investors, but a galaxy of analysts now say you have got to buy the stock. We'll speak with one who says SpaceX can rally nearly 50% over the next year. And why is so much of America's electricity still running on coal? We'll talk more about that. The grid, A.I. and more with the CEO of power giant, Exelon. Hi, everybody. Hope you're having a great Tuesday. Thanks for joining us.

There you can see the markets. They are down across the board. Not big declines. The Nasdaq off about six tenths of one percent. And let's start right there. Because really, there are maybe two big questions that matter the most right now. One, is the A.I. and semiconductor trade finally fully played out? And two, is inflation here to stay and going to lead to more interest rate hikes? Your first guest may have a view on both.

AI Risk Appetite, SpaceX Initiations on Wall Street, and Domestic Energy Challenges 7/7/26

Read the full transcript

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

AI Risk Appetite, SpaceX Initiations on Wall Street, and Domestic Energy Challenges 7/7/26

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.