Ed Elson

Okay, that's it for today.

This episode was produced by Claire Miller and Alison Weiss, edited by Joel Patterson and engineered by Benjamin Spencer.

Our video editor is Brad Williams.

Our research team is Dan Chalon, Isabella Kinsel, Kristen O'Donoghue, and Mia Silverio.

And our social producer is Jake McPherson.

Thank you for listening to Profiteer Markets from Profiteer Media.

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Today's number?

400.

That's how many meters long the world's largest ever tiramisu was, a record set last week by a consortium of 100 Italian chefs.

Italy still faces severe economic challenges such as crippling debt and a stagnant economy, but points for sticking with the whole food thing.

Welcome to Fraughty Markets.

I'm Ed Elson.

Apologies to our Italian listeners.

It is April 29th.

Let's check in on yesterday's market vitals.

The S&P and NASDAQ both fell due to a Wall Street Journal report that OpenAI missed its revenue and user growth targets.

That news sparked a tech selloff with Nvidia falling more than 1% and Oracle and CoreWeave dropping 4%.

Notably, Microsoft actually rose 1% ahead of its earnings, which are due tonight.

Meanwhile, oil prices rose as negotiations with Iran continued to stall and the Strait of Hormuz remained shut.