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Meta Fuels AI Capacity Glut Fears, Chip Stocks Slump | The Pulse 7/2/2026
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July 2, 2026
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48:28Now PlayingChip stocks fell after Meta's plan to develop a business that would sell access to AI computing power raised worries about overcapacity.
OpenAI has begun preliminary discussions about giving the US government a 5% stake in the ChatGPT-developer, according to the Financial Times, citing two people familiar with the talks.
Oil has extended its slide to pre-war levels as flows through the Strait of Hormuz increase and traders grapple with signs of oversupply.
Today's guests: Paul Donovan, UBS Global Wealth Management Chief Economist, Vlad Tenev, Robinhood CEO, Jim DeMare, Bank of America Co-President, George Arison, Grindr CEO
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
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