Wall Street Roundup: war, oil, airlines, energy, AI, private credit
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 13 March 2026
⏱️ 10 minutes
🧾️ Download transcript
Summary
Show Notes:
CPI read: Airfares jumped 7% in February even before the spike in oil prices
Oracle targets rapid AI infrastructure expansion
Episode transcripts: seekingalpha.com/wsb
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Transcript
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| 0:00.0 | Brian Stewart, welcome back to another week of Wall Street Roundup. |
| 0:14.8 | Always great to have you. |
| 0:16.2 | Great to be here. |
| 0:17.0 | Talk to us. |
| 0:18.0 | We missed last week. |
| 0:20.4 | We have a war going on longer than many have anticipated. Is oil top of mind for you? |
| 0:27.6 | Oil prices were hovering in the low 60s level and early February now they're in the mid-90s. They have at times pushed above 100 though., haven't really stayed there for any meaningful |
| 0:40.0 | amount of time. |
| 0:41.6 | Kind of the predictable results of that, airline stocks are lower. |
| 0:45.3 | The airline ETF is down about 2% this week, about 18% in the past months. |
| 0:50.7 | Honestly, airlines are kind of running into a perfect storm. |
| 0:53.8 | There's the higher oil |
| 0:54.5 | prices. Meanwhile, the war itself is causing travel disruptions in the region. And then you have, |
| 1:01.0 | at the same time, the DHS shutdown, which isn't supposed to affect TSA and those kind of things, |
| 1:07.3 | but is a lot of reports of long lines for checking and things like that. |
| 1:12.8 | So you just have a lot of stuff going down in the airline industry at the same time. |
| 1:17.9 | So you have a stock like Southwest, which is down 5% this week and down about 25% in the past month. |
| 1:23.7 | The stock was at a new high before we kind of hit the recent turbulence. |
| 1:29.5 | UAL is down 2% this week, down about 20% for the month. |
| 1:32.3 | So no real surprises there in a situation where oil prices spike. |
| 1:37.7 | You always kind of look to the airlines first as kind of the canary and the coal mine, |
| 1:41.6 | the first affected. |
... |
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