Tim Cook’s 15-Year Run as Apple CEO Comes to an End, Oil Spikes After U.S. and Iran Exchange Strikes

Market update for Monday August 31, 2026

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In today’s episode, Zaid covers:

• Kevin Warsh’s hawkish Jackson Hole speech and why the odds of a September rate hike jumped

• The latest U.S.-Iran exchange of strikes and why oil prices are back above $90 a barrel

• Tim Cook’s final day as Apple CEO and the big challenges facing incoming CEO John Ternus

• GameStop’s profit surge from its eBay investment and PG&E’s selloff over wildfire liability fears

• Why LIV Golf could be headed for bankruptcy