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Palantir Revenue Surges 93%, McDonald’s Still Has a Traffic Problem
Published 1 week ago
Description
Market update for Tuesday August 4, 2026
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In today’s episode, Zaid covers:
- Stocks rally toward record highs as hopes rise for a deal to reopen the Strait of Hormuz
- Palantir’s “otherworldly” quarter, including 149% growth in U.S. commercial revenue
- McDonald’s reports mixed earnings as the company tries to fix weak U.S. traffic
- Snap pops on an earnings beat while Spotify's historic subscriber milestone somehow isn't enough
- How OpenAI and Anthropic models accidentally hacked real companies during cybersecurity tests