businessAug 4, 202611:14pending

Palantir Revenue Surges 93%, McDonald’s Still Has a Traffic Problem

The Rundown

About this episode

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

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Palantir Revenue Surges 93%, McDonald’s Still Has a Traffic Problem

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