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This is Scott Becker with the Becker Business and Becker Private Equity Podcast. Today's discussion is the markets tanked Friday. So here's the issue with the markets on Friday and what's going on today. Monday. So the bad news is the markets got crushed on Friday. The Nasdaq down about 4.1%. The S&P 500 dropped more than 2.6%. The good news is the markets are bringing some of that back today. Not up nearly as much as they were down the other day, but at least in positive territory as we sort of record now midday on Monday. Obviously a few different things going on the the Middle east sort of a little bit of a mess and some bombing going back and forth between Iran and Israel, oil prices back up. Concerns about AI stocks and some of the technology stocks have been driving so many of the wins and just all kinds of trouble. I'll mention very quickly because of a separate podcast on this Oracle lost 9 1/2% on Friday. Lululemon getting crushed today. Both those are companies with co CEOs. We'll talk a little bit about some of the Data on co CEOs in a separate podcast coming out tomorrow. Interesting enough in terms of the markets, you know, crashing on Friday, some of the legacy and consumer stocks performed well on Friday. Sort of viewed as safer havens. So Coke, Clorox, Colgate, Chipotle, Procter and Gamble all rose on Friday. In contrast, Marvell Technology, you know, one of the leading edge technology companies, dropped 16% on Friday. So that's what we're watching right now in terms of the markets. The markets tanked Friday. Thank you so much for listening to the Becker Business. The Becker Private Equity podcast. Thank you very, very much.
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Host: Scott Becker
Episode Title: The Markets Tanked & More 6-8-26
Date: June 8, 2026
In this concise episode, Scott Becker offers an immediate recap of sharp market downturns from the prior Friday, discusses factors influencing the markets—including geopolitical tensions and technology stock volatility—and highlights notable stock movements. Becker also briefly references upcoming content on co-CEO dynamics at major corporations.
"The bad news is the markets got crushed on Friday. The Nasdaq down about 4.1%. The S&P 500 dropped more than 2.6%. The good news is the markets are bringing some of that back today."
— Scott Becker [00:36]
"Obviously a few different things going on: the Middle East sort of a little bit of a mess, and some bombing going back and forth between Iran and Israel, oil prices back up."
— Scott Becker [01:02]
"Interesting enough, in terms of the markets crashing on Friday, some of the legacy and consumer stocks performed well... So Coke, Clorox, Colgate, Chipotle, Procter & Gamble all rose on Friday."
— Scott Becker [01:41]
"In contrast, Marvell Technology... dropped 16% on Friday."
— Scott Becker [01:52]
"I'll mention very quickly because of a separate podcast on this: Oracle lost 9.5% on Friday. Lululemon getting crushed today. Both those are companies with co-CEOs. We'll talk a little bit about some of the data on co-CEOs in a separate podcast coming out tomorrow."
— Scott Becker [01:20]
Becker maintains a matter-of-fact, slightly urgent tone tailored for business listeners, mixing sharp statistics with brief contextual explanations. He previews future content to encourage continued listening.