Welcome to a very special edition of Taking Stock on Mike Santoly.

Palo Alto Networks tried to hide its results by dropping on a summer Friday.

It ended up becoming the most talked about thing on Wall Street.

Hi, I'm Josh Brown, aka Long Island Warren Buffett, aka The Big Mega Cap.

I'm so fired up for tonight's show. I think, don't think Palo Alto just did that to

try to upstage us. I mean, you know, Friday night, the stock pops. Maybe I'm

anti-climactic, though. This is a stock that had given up quite a bit of ground because

of this bizarre scheduling of their earnings report. And then it was actually good.

Well, it shows this as a market. It's been a little bit afraid of its own shadow recently.

So we're going to get to a lot of what went on this week. And it was plenty across all the

asset markets in the economy. For the next hour, Josh and I, we're going to tackle all the

topics investors are talking about or should be talking about. We'll discuss and debate.

Maybe even argue. Let's get right to it. We'll start with a segment that we call on the clock

where we break down big stories of the day, the week, the month, all in rapid fire fashion.

We're going to start with the Mega Cap Tech Correction led by Apple. This is a stock spin-down,

all but three days this month. Second worst performer on the Dow in August,

slightly better, just than Wall Greens. And look, I guess the way I'm thinking about it is,

if the setup for this pullback was overexcited investor sentiment,

valuations got a little bit stretched. People were a little bit too happy and complacent about

the soft landing. And we had to correct some of that. All of the excesses that I just mentioned

were amplified in the apples and the magnificent seven. I got to tell you, I think investors

last year learned a very valuable lesson. And they're okay with allocating to stocks and going

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