Tech Stocks Tumble, Brent Back Above $100, Biotech’s Big Comeback 7/23/26

Major averages trading lower across the board as oil prices surge amid escalating conflict in the Middle East and investors weigh quarterly results from two of the world’s largest companies. Brian Sullivan and Contessa Brewer break down the latest earnings reports from Alphabet and Tesla with Dan Ives (Yorkville Ives & Co. Partner) as both stocks plummet in Thursday’s trading. Meanwhile, Ninepoint Partners’ Senior Portfolio Manager, Eric Nuttall, joins the program to lay out why energy prices are surging higher and BMO’s Head of Healthcare Research, Evan Seigerman, joins the anchors on set to recap the recent rally in the biotech sector.